The daily telegram. [volume] (Clarksburg, W. Va.) 1901-1926, 1903-02-23
LAWS PASSED
BY LEGIS ATURE
Only EIGHT ADDED so FAR no THE
STATUTE BOOKS OF STATE.
GOVERNOR SIGNED SIX AND OTHER
TWO, WITHOUT BEING SIGNED.
ARE VETOED.
Most All Are Local Measures aud Do
Not Affect the Whole State.

Cliarleston, w VA Feb. ss.--t:p to
Saturday morning only sis bills 's,d re-
ceiyed the Governors signature, and two
had become laws witheat it, having re-
inainels in his hands tho retlnireI five
days without either beiug silmed or We
toed Here are the laws that fsase been
made:
A law to amend and re.enart the
charter OF Grafton, TnyIor county, and
TO abolish the charter of the town of
Fetterman, Taylor county. This was i'm
troduccd by Mr.. Robinson in the Senate
and it was pushed through by his advice
in the House. 1t had 40 oppositlor.
A law comforting additional authority
ON the city of Grafton, in n.lation to
funding the bonded indebtedness OF inst
city and increasing its indebtedness. This
bill was fathered by Mr.. Handley, By
whom it was introduced in the HUIise,
and was pushed through the Senate by
Mr. Robinson.
A bill increasing the limits of the city
of Parkersburg and granting new char
rto said city. This bill was introduces
by Mr.. Caldwell in the Senate and went
through both houses with little oPposi-
tion.
A law TO reform, alter and modify the
county court of the county of rnc:l-
hantas. Mr.. Kidd was the patron OF this
bill in the Senate, and exerted his in
fluenec ON it in the House, but, being n
local measure, it had little opposition.
A law to amend and re=cnact the code
relating to the license tax ON corpora
tions and joint stock companies!
This law provides that evefy corp'r1l,
tion which has heretofore obttined, Or
which shall hereafter obtain charter
in this state, and whose principal plase
4 of business and chief works arc located
in this state. shall be known as n resi-
dent corporation and shall pay an an
nlal license tax MS follows;
If the authorized capital stock be more
than fifty thousand dollars and not mole
than one hundred thousand dollars,
twenty five dollars; if more than one
s hundred thousand dollars and not more
than million dollars, twenty-fiy dol.
lars. and nm additional five cents for each
and every additional Thousand or frnc-
! tion thereof. il in excess of one hundred
thousand; II the capital stock be riore
than million dollars, seventy dollars,
and an additional ten dollars on each
and every million or fraction in excess
thereof.
For nonresident corporations the FOL-
lowing license tax shall be levied
If the authorized capital stock b. not
more than one hundred thousand dol
lars, fifty dollars.
IL the authorized capital stock he morc
than one hundred thousand doIlnrs, and
mot more than one million dollars, fifty
dollars, and an additional forty cents on
each and every one thousand dollars, or
fraction thereof, in excess of one hun
dfed thousand dollars.
If the authorized capital stock be more
than. one million dollars, and not more
than two million dollars. four hundred
and ten dollars, and an additional thirty
cents on each and every one Thousand
dollars, or fraction thereof in excess of
one million dollars.
If the authorized capital stock be more
than two million dollars and not more
than three million dollars, seven hundred
and ten dollars, and an additional twenty
cents ON each and every one thousand
dollars or fraction thereof in excess of
two million dollars.
If the authorized capital stock be more
than three million dollars and not more
than four million dollars, nine hundred
and ten dollars and an additional ten
cents on each and every one thousand
dollars or fraction thereof in excess of
three million dollars.
If the authorized capital stock be more
than four million dollars, one thousand
dollars, and an, additional fifty dollars
on each and every one million dollars or
fraction thereof in excess of four mill
lion dollars.
For each and every acre of land in
excess of ten thousand acres held by such
corporation on which the initial Land tax
of five cents an ncre has not been paid,
and for each acre in excess of the orig.
inal number IN case of increase of max
imum number, it shall be the duty of
the corporation 70 pay into the treas.
ury of thcsstate, in the manner hereafter
prescribed in this section, the sumof 1--WE
cents.
Another bill which received the gov
ernor's signature and is now law was
that introduced by Mr.. Cunningham in
the House and relating 20 the admins.
tration by sheriffs IT only involves
some minor amendments to the present
statute.