The Saint Paul globe., 1899-04-27

III tH6 6tdlo treasury TO the CreQlt OF the
board of state capitol commissioners, but
no part OF same shall be paid therefrorn,
except upon warrants issued by the state
auditor upon vouchers duly approved by
governor, as provided by section thir-
teen Q3), Of chapter two (2), of the gen.
eral laws Of eighteen hundred and nine
ty-three QS93).
Fourth. The said certificates of in
debtedness shall only be issued from
time to time as the work Of actual con-
struction on the new capitol progresses,
and only in such sums as may be re-
qu1red to provide the necessary funds to
pay for material and labor actually fur
nished and other necessary expenses, and
after proper action by the said board duly
taken, which shall include the advertise
ment Of said proposed issue Of certifi-
Gates in two (0 daily papers Of general
circulation for not less than fifteen Q5)
days, and shall call for sealed proposals
| of purchase of said certificates, which
certificates shall be awarded to the high
| est bidder but no bid for less than par
| value shall be accepted.
Fifth. The said certificates of indebt-
| edness when duly prepared and exc
cuted In accordance with this act, shall
| be deposited with the state treasurer,
| and shall be delivered by him to the pur-
| chaser or purchasers thereof only upon
| payment to him Of not less than the par
| value thereof.
| "Sixth. When any of said certificates
| shall mature, the state auditor shall draw
| his warrant upon the state treasurer,
| ana the state treasurer snail pay, upon
| said warrant, the amount due upon any
| such certificate Of Indebtedness; said
| warrants to be drawn in favor Of and
! to the order of the person or persons
holding said certificates at the time the
same are presented for payment; and
| sufficient funds to pay the same shall be
set apart by the state auditor out of
any moneys in the state treasury to the
credit of said board Of state capitol COM
| missioners in each and every year that
said certificates shall mature: and no
warrants shall be drawn by the auditor
| upon the treasurer for the payment of
| any other expenditures on account Of the
said new capitol, in such year, except
| such as can be paid out Of the balance of
| the funds in the treasury to the credit
| Of the said board after providing for
| the payment of said certificates of in
| debtedness.
Seventh. When any interest upon said
| certificates of Indebtedness shall ma
ture, the state auditor shall draw his
| warrant upon the state treasurer and
| the state treasurer shall pay, upon said
warrant, the amount of interest due upon
| said certificate Of Indebtedness, said war
rants to be drawn in favor of. and to the
| order of the person or persons entitled
| amounts of interest so paid by the state
| treasurer shall be, by him, charged to
| the general revenue fund.
Eighth. Nothing in this act contained
shall be construed to increase the limit
| of cost Of the said new capitol build
| ing, and the site thereof, and all ex-
penditures to be made or authorized by
| said board, beyond the limit fixed by
| chapter two (2) and chapter three (3) OF
| the general laws of eighteen hundred and
ninety-three QS95) and chapter one hun
| dred and eighteen Q1S) of the general
| laws of eighteen hundred and ninety-five
| Q895)."
Sec. 3. All acts and parts Of acts in
| consistent with this act are hereby re-
Sec. 4. This act shall take effect and
| be in force from and after it's passage
| Approved April 18th, 1899.
CHAPTER 233-S. F. NO. 66S.
| AN ACT to amend section three (3) of an
| act entitled, IAN act to require every
cuniary profit, now or hereafter doing
business in this state, to have a pub
lie office in this state, at which to tran
agent duly authorized to accept service
Of process, and requiring such corpora
tion to file its articles or certificates OF
state, and pay into the state treasury
certain fees, providing penalties for a
violation Of the provisions Of this act,
and and ts1 eaapter M three d
Of the State of Minnesota, for the year
eighteen hundred and ninety-fve Q895).''
as senate file number sixty (No. 6W.
Be it enacted by the Legislature of the
| State of Minnesota
Section l. That section three (3l OF
| that certain act of the legislature of the
State of Minnesota, entitled, IAN act to
| require every foreign corporation organ
ized for pecuniary profit, now or here
a public office In this state. at which
| to transact its business, and to appoint
| an agent duly authorized to accept serv-
poration to file it's articles or certifi-
Gates of Incorporation with the secretary
| of state. and pay into the state treasury
certain fees providing penalties for the
| violation of the provisions of this act
| and repeating chapter three hundred and
thirty-two (332) of the general laws of
| the State of Minnesota for the year
| eighteen hundred and ninety-five 0S95), u
| approved March 18th, 1899, and known as
| senate file number sixty (No. 6O), be and
the same is hereby amended so as to
| read as follows:
| Sec. 3. Every corporation for pecuniary
/ profit organized in any other state, ter
ritory or country, now or hereafter doing
business within this state, shall file in
the office of the secretary Of state copy
| Of its charter or certificate or articles of
| incorporation, duly certified and authen-
| ticated by the proper authority; and the
principal or agent in this state of the
said corporation shall make and file with
the secretary of this state. with the ar
ticles or certificates above provided for, a
statement duly sworn to, showing the
| proportion Of the capital stock of the said
corporation which is represented by its
| property located and business transacted
| in this state; and such corporation shall
| be required to pay into the state treasury
the sum of fifty dollars (S50.0O) for the first
fifty thousand dollars (s50.O00.OO or frac-
ton thereof of such proportion Of capt.
| tai stock, and the further sum of five
| dollars ($50O) for every additional ter
thousand dollars ($1O,000OO or fraction
thereof of such proportion of capita
stock, and no increase of the capital stock
| of any corporation shall be valid or ef
| fectual until such corporation shall have
paid into the state treasury the sum OF
five dollars ($500) for every ten thousand
dollars ($1OOoO.00) or fraction thereof OF
| such increase of said proportion of capi.
| tai stock of such corporation.
In determining the proportionate share
| of the capital stock of such corporation
upon which it shall pay license fees as
aforesaid, the business of said corpora
| ton transacted in and out of this state
| during the year Immediately preceding
the filing of its articles or certificates as
above provided for shall be considered
and control.
Upon a compliance with the above pro.
| vision by the said corporation, the sec
| retary of state shall execute and deliver
| to said corporation a certificate that saiG
corporation has duly complied with the
| laws of this state, and is authorized to dc
business herein, stating the amount OF
| its capital and of the proportion thereof
which is represented in this state, and
such certificate shall be prima facie ev.
| idence that the said corporation is en-.
titled to all the rights and benefits Of
this act and of the valid creation and
incorporation of such corporation, and
such corporation shall enjoy those rights
| and benefits for the period of thirty years
| from and after the date of such certif-
| cate unless the charter or corporate ex.
| lstence OF such corporation shall sooner
expire under its own provision or those
| created; and the right and privilege OF
such corporation to so transact business
and acquire and hold property in this
by refling its articles of incorporation
| with the secretary of state and bv the