Evening bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1895-1912, 1905-05-06

s-1.. W. II
= n 'ssz.-,.. Governor of the Territory of Hawaii.
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"7----,---- AN ACT ---ssrs; 49,.
To AMEND REfrAcr SEorroNs 1924, 1895 1926
REVISED LAWS HAWAII, RELATING FoREloN
CORPORATIONS
BE Enacted by the Legislature of the Territory of Hawa
SEcrroN That Section 1924 of the Revised Laws of Ha
wa be and the is hereby amended and reenaced
to read follows
"section 1924. POWERS AND LIABILITIES. Every
such corporation company complying with the provisions
Of Section 1928 and paying the Treasurer fee of Fifty
Dollars SHALL subject to the provisions of Sections 1928 and
1929 have the powers and privileges and be subject to
the disabilities by law conferred corporations
purposes for which they shall be constituted full power
to hold take and by way of ae mortgage otherwise
real personal and mixed estate in this Territory Provided
always that the purposes for which such corporation or COM
pany shall be constituted shall be repugnan
fct with any law of this Territory Provided further that
nothing herein contained shall be construed give such
corporation company any Of the special conferred by
law upon railroad banking corporations constituted under
the laws of this Territory
SECTION That Section 1925 of the Revised Laws of Ha
wa be and the is amended and reenacted read
as follows
"Section 1925. ANNUAL LICENSE. No foreign corpor-
aon except foreign insurance companies which does in
vest and all its capital in this Territory shall have Office
Offices in this Territory for the of its officers stockhod
agents. employees unless shall first have obtained from
the Treasurer annual license do and for said license
such corporation shall pay into the treasury of the Terri
tory tor the OF the Territory annually the OF Three
Hundred Dollars and the Treasurer shall issue license
any corporation until said license fee shall have been paid
The Treasurer is hereby authorized to settle and have col
eced account against any company violating the provisions
of this Section for the of such license e together with
penalty for fifty per centum for failure the Pro-
vded that license shall necessary any corporation
gagged solely in the business Of foreign interstate commerce.
while solely employed by the Government of the United
States.
SECTION That Section of the Revised Laws Of Ha-
wa be and the hereby amended and reenacted
to read follows:
"Section 1926. PENALTY FOR NON COMPLIANCE
WITH STATUTES. Every person acting agent
ing act agent foreign corporation which has failed
to comply with any Of the statutes regarding foreign corpora
tions shall be deemed guilty of mdemeanor and sha DO
punished by fine of less than One Hundred Dollars
than Five Hundred Dollars imprisonment for not
than six MONTHS by both such fine and imprisonment
Every foreign corporation failing comply with any Of the
of misdmcano and punished by fine of less than One
Hundred Dollars than Five Hundred Dollars which
said fine shall be in addition all fees licenses and penalties
in this Chapter provided and shall be denied the benefit of the
laws of the Territory particularly the statute limiting the
time for of civil actions of criminal actions
and shall not be entitled plead appear except here
nbeow provided any of this Territory for any
of action whatever while such neglect refusal continues pro-
vded however, that the court grant, its discretion add
tisna time within which comply with the statutes when it
shall appear that said corporation has merorous defense
any action brought against it."
SECTION This Act shall take effect and be in force from
and after its passage
Approved this 26th day of April, A. D., 1905.
G. r. CARTER,
Governor of the Territory of Hawaii