The Grenada sentinel. [volume] (Grenada, Miss.) 1868-1955, 1900-01-20

MARY ior tue iut terh vi iouf ye"iS'
The commissions issued and recordeu IRON
January %. 1896. to December Is 1917. hu'nper
5.i55. or these $3.50 were to ofiicers elected py
the people; l.515 to oriccrs appointed ny 'ne
Governor. The appointive ofilcers inciuue'
State officers. .....i...- 8
United States Senators. 2
Judges OF the supreme Court. ................ 2
Circuit Judges IL
Chancellors. D
District Attorneys 4
Trustees of Educational and Benevolent In
situations ........
State Boards OF Health, Pharmacy and Dem
tlstry Is
Levee Commissioner 81
commissioners OF Deeds. ............... 40
Notaries Public ......
County Oficers.-........ .................42 40
Municipal Officers :.
The commissions to military officers. though
attested. are not recorded In this Office. These
will nppear in the report OF the Adiutant- Cen
eral. For the wears 1896 1890 they number Gs7.
or these l4i were to officers In the Spanish
American war. and 233 in the recognized Ma
tional Guard.
The charters recorded for corporations dur
Ing the four wears number 5e5. or these 46 were
In manufacturing companies. 66 TO mercantile
companies. Al TO banks. "a to telephone COM
DaQteS. ~ gin COMPANIES. Il IumDer cOHpanleS,
q oil mills. g cotton mills. 10 railroads. s street
railways. I water and light companies. Most Of
the cotton mill charters were granted during
the present wear.
The Uniform fee for passiur upon and record
ing charters is 81. so that the total fees tor the
four wears amount to the insignificant sum OF
81. 695. Inasmuch as these fees 70 into the
treasury. l most respectfully and earnestly re-
new the recommendation made in my last
report. that a schedule of fees for charter be
adopted, as In most OF the other States, ciscrim-
mating between corporations for profit and
those for social, f~raternal and benevolent pur.
poses. 1 submit that no charters be considered
for a less fee than IS, and that the fees for cor
porations for profit be regulated by a maximum
and minimum schedule, or by a per cent. on cap
ital. Where the last named plan obtains in
other States the fee varies from " to 1 per cent.
A New Jersey corporation. for instance, has
So, OO0, 600 of its capital employed in Illinois, and
for this Sc. 900 was paid into the Office of Secre-
tary Of State. The total fees paid BY corpora
lions for charters in Ilinos for 1897 and. 1898
amounted to 1924, l0l. s6. These were derived
mostly from foreign and domestic corporations.
antitrust afidavits and notary public commits
sions. The graduated charter ices oil New Jersey
yielded a revenue OF SIos,0Oo Tor the hscal year
ending November l.. 1899.
u dEBicsdtO u Sapttai otoCh iucoi poi atVu
in Mississippi during the past four years
amounts 10 s25,6A. They would not object, and
they should be required to pay a reasonable fee
for the clerical labor involved and for the pro-
lection afforded by the laws OF the State.
In most of the States, nOtaries public pay a
commission fee. During the four years 1s5 were
appointed. Asst Is an ONCE Tor revenue only
and, to the extent they collect fees. diminish
the perquisites that would otherwise be realized
by elected officers, clerks and justices Of the
peace, l that a fee OF So be charged
each appointee for his term OF four years. This
would not materially decrease the number OF
applications for the office. and would add about
$3.50 per annum to the public revenue.
Inquiries are frequently received from corpo-
rations in other states asking for the laws gov
erning foreign corporations In this State. espe-
cially as tothe recording OF their charters. the
fees for SAINT ETC., and citizens OF this State
make frequent inquiries for copies OF such char
tiers. l suggest that provision be made for the
filing in the ONCE OF Secretary Of State OF the
charters of foreign corporations. and that a
nominal fee be charged therefor.
Guaranty and Surety Companies.
Under the Acts of 1894 and 1896. guaranty and
surety companies pay q privilege tax of 500 per
,nprm % ,hs Ar,ii,or. arc rsouired 70 ha
licensed from this Office on the ist Of April an
nualIy, and their annual statements are made
and filed in this Office. submit that the Audi
tors receipt ami the license by Secretary OF
State should be of even date. Indeed, the license
by Secretary Of Stale might be dispensed with
and the annual statement should be filed with
the Auditor, as In tile case of all other Insurance
companies. ! suggest also that surety com
panies be required to file an annual statement
showing amount of premiums received, losses