The Greenville times. [volume] (Greenville, Miss.) 1868-1917, 1900-01-20

Chancellors Observation-Disclosures.
District Attorneys ACKNOWLEDGEMENTS.
Trustees OF Educational and Benevolent In
stitutlOns ........ ...........,.......... 2
STATE Boards OF Health, Pharmacy and Den
ustry .''''s..-..+. zee. ..-.'.'....'.. '.'s''
Leyee Commissioners OBSERVATION-DISCLOSURES.
Commissioners of Deeds ......-........
County Officers. ......... ...............,....4 A.
Municipal Omcers.... ...-........-...........1l
The commissions to military Officers, thong
attested, are not recorded in this office. Thes
will appear in the report OF the AdJutant- q en-
eral. For the years ls95- 1893 they number 6si
OF these l4l were to officers in the Spanish
American war, and 233 Ia the reorganiZed Ma
tioTai Guard.
The charters recorded for corporations dur
ing the four years number 5G5. OF these 70 wer
to manufacturing companies. &c to mercantile
| companies, IL to banks, "A to telephone com
panies % gin companies, q lumber companies
"a oil mills, cotton mills, 10 railroads, street
railways, water and light companies. Most Of
the cotton mill charters were granted during
the present year.
The uniform fee for passing upon and record
ing charters is So 50 that the total fees tor the
| four years amount to the Insignificant sum OF
! i,695. Inasmuch as these fees 90 into the
| treasury, most respectfully and earnestly re-
/ new the recommendation made ia my last
| report that schedule OF fees for Chart rs be
adopted, as In most OF the other States liscrim-
mating between corporations for profit and
| those for social, fraternal and benevolent pur-
poses. | submit ina; no charters be considered
for less fee ilIan S. ana that tile fees for cor
poratiOns for profit be regulated by maximum
and minimum schedule, or bya per cent. on cap
he IA in
other states tile lee varies from Il TO per cent.
New Jersey corporation, for instance has
5000 90 OF lis capital employed in Illinois, and
Tor this $1,000 WAS paid into the Office OF Secre-
tary OF stale The total fees paid by corpora
tons for charters in IiIinos for 1897 and 1893
amounted to 1924. l0l.55. These we're derived
mostly from foreign aud domestic corporations,
antitrust afiiIavIts and notary public commits
siOns The graduated charter fees Of New Jersey
yielded a revenue Of $3.50 for the fiscal year
ending November /, 1899.
The aggregate OF capital stock Incorporated
in Mississippi during the past four years
amounts 10 1854. They would not object, and
they should be required 10 pay 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
commission fee. During The four years ls5 were
dppOluIcu. AS IL ID du TtIcuue only
and, 10 the extent they collect fees, diminish
the perquisitcs that would otherwise be realized
by elected officers, clerks and justices of the
peace. recommend thar 4 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 10 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 10 the recording Of their charters, the
lees for same, etc. and citizens OF this State
make frequent Inquiries for copies OF such char
tiers. suggest that provision be made for the
filing in the office 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 privilege tax OF 500 per
annum to the Auditor; are required to be
licensed from this Office the LIST OF April an
nually, and their annual statements are made |
and filed in this Office. | submit that the Audi |
tors receipt and 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 the case Of all other Insurance
companies. l suggest also that surety COM
panles be required to file an annual statement
showing amount OF premiums received losses
paid, losses incurred, and amount of risks.
As many OF the bonds OF public officers and
others are now made by surety companies, and
he indications being that most bonds VIII
hereafter be made in this way, the privilege tax
If 500 is exceedingly moderate compared with
he tax required OF fire, life and accident insur-
nce companies They should eacn pay at least
$50 per annu1n. The risk compared with fire
is trlflag, and the annual statement
II all guaranty companies show substantial in
rease OF capital.
There are seveniy-seven insurance companies
Il all kinds doing business in Mississippi. The
isks they carry and the premiums they collect
mount TO many millions OF dollars annually
n interest that would seem to demand special
uperyison, ra her than being made an annex"
the Auditors ofiiceor OF the Office OF Secre-
airy OF State.
Receipts.
The receipts OF this office from all sources
rom September 30, 1897, to September 80, 1899,
re as follows: {
avs OF Mississippi. ................... 80 Is
ales OF Annotated Code ................ 500 30
ales OF Mississippi Reports =. mann. 92s 90 I
ecordlng Charters, Commissioners of $
Deeds, etc ...... ........... ....-. 1,l55 65
rom Treasurer, from September 30, q
1897, to September 30, 1899 ...... 1925 "a I
rom Others sources Observation-Disclosures. IS Is !
S4,7I5 3s t
eceipt Warrants. ACKNOWLEDGEMENTS. 500 80
ecelpt Warrants ..'.........-.......... 1928 90 4
eeelpt warrants .......-.. ............ $50 IS
aceipt warrants. ..................... 1,135 65 G
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