Ladysmith news-budget. [volume] (Ladysmith, Rusk County, Wis.) 1907-1927, 1907-08-08

assignee or receiver, as of the first day Of
January preceding, which shall state:
/. The name of such corporation and
location giving street rs and number ts cers
and directors of such corporation, giving
street and number
3. The amount Of authorized capital
A. The amount Of capital stock actually
paid In money, property and services
5. Whether such corporation was en-
gagged In active business during preceding
year.
g. Nature of business transacted during
preceding year.
Z. In what states such corporation Is
licensed TO transact business as q foreign
corporation.
In case such corporation fails to file it's
report, as above set forth, it shall be al
lowed to file. such report prior to June
first on payment to the secretary of state
forfeit of ten dollars. In case said re-
port Is not filed June first, the secretary
of state shall cause to be published once q
week for three successive weeks notice
of such failure, in newspaper published
at or near the location OF said corporation,
as shown by the records of his depart
ment; and the register of deeds OF each
county shall post in his office list of the
corporations located In such county failing
to so report. Such corporation shall be
allowed to file its said annual report prior
as above set forth, and on payment of the
costs of publication In case said report
is not filed by said January first, the cor
porate rights and privileges granted to such
corporation shall be forfeited and the sec
rotary of state shall enter such forfeiture
on the records of his department.
The cost of publishing the notice above
set forth shall be paid out OF the state
treasury, and shall be at the same rate as
legal notices
The secretary Of state shall during the
month of December Of each year forward
to every corporation required to make an
chapter, blanks therefor.
Whenever any change is made In the
officers of such corporation, the names and
addresses of the officers elected shall be
filed with the secretary of state within
twenty days after such change. No for
fixture shall be declared under this section
prior to the first day Of March, 1907.
The failure to file such report In the time
specified herein and proof of publication of
the notice herein provided, shall be sut1-
cient evidence on which the secretary Of
state is authorized to declare the forfeiture
of corporate rig. IS and privileges herein
provided. This act shall apply to forfeit
ures entered March 1st, 1907,
The secretary of state may rescind the
forfeiture provided in this section on pre-
sentation of an affidavit signed by the presl-
dent and secretary of corporation to the
effect that such corporation has not sus-
pended its ordinary and lawful business
since it's organization or since the date OF
forfeiture or that the corporation at the
time the forfeiture was declared held title
or transferable interests in real estate. The
secretary of state may demand such other
and further proof as he may deem neces-
sary. For resembling such forfeiture there
shall be paid the secretary of state fee OF
twenty-five dollars.
Section 5. Section 1859, of the stat
utes, is hereby repealed; provided, that the
repeal of this section shall not impair or
affect any corporate rights or powers here
tofore granted by said section.
Section 6. Section 1791j, of the stat
utes is amended to read: ANY corporation
organized under the laws OF this state
which shall enter into any combination,
conspiracy, trust, pool, agreement or con-
tract intended to restrain or prevent COM
petition in the supply or price of any
article or commodity in general use in this
state, or constituting subject of trade or
commerce therein, or which shall in any
manner control the price of any such arti-
Gle or commodity, fix the price thereon,
limit or fix the amount or quantity Thereon
to be manufactured, mined, produced or
sold In this state, or fix any standard or
figure by which it's price to the public shall
be in any manner controlled or established,
shall. upon proof thereof, in any court of
competent jurisdiction, have its charter or
authority to do business in this state can
celled and annulled. Every cor
poration shall upon filing its annual
report with the secretary of state, make
and attach thereto the affidavit Of its pres1-
dent, secretary or general managing oficer,
fully stating the facts In regard to the
matters specified in this section.
Approved July 10, 1907.