The Birmingham age-herald., 1907-03-16

shall be kept of all expenditures under
 this act, and that such accounts shall be
 filed with the Governor at the end of
 each fiscal year and oftener if required
 by him.
 Approved March 1, 1907.
 Official
 Frank N. Julian,
 Secretary of State.
 No 336) AN ACT CH. 615.
 To amend Section 1921 and 1929 of the
 Code of 1S96
 Section 1. Be it enacted by the Leg
 islature of Alabama, That Section 1921
 of the Code of 1896 be and the same Is
 hereby amended so as to read as follows:
 1921 Admission fees eXacted of foreign coporations-No corporation created by
 the laws of any other state or of any foreign country shall engage in or trans act any business in this State without first having paid into the Treasury, for
 the use of the State, the following char
 ter fees: Each foreign corporation whose actual amount of capital employed or to
 be employed in the State is one hun
 dred dollars or less, shall pay a charter fee Of twenty-five per centum of the ac tual amount of capital employed or to be employed in the State by 1t. Each for elgn corporation whose actual amount of capital employed in this State exceeds one hundred dollars and does not exceed
 one thousand dollars, shall pay a charter
 fee of twenty-five per centum upon the first one hundred dollars of the actual amount of capital employed in this State by it, and five per centum upon all such remaining actual amount of capital em- ployed in this State by it over one hun dred dollars, and up to and not exceed ing the said limit of one thousand dol
 lars. Each foreign corporation whose | O oGfIf of tal afa1n in
 this State exceeds one thousand dollars shall pay a charter fee Of twenty-five per centum upon the first one hundred dollars of such actual amount of capi- tai employed in this State by it and five per centum upon all such actual capital
 employed In this State by it over one hundred dollars and up to one thousand dollars. And one-tenth of one per cent of such actual amount of capital in eX-
 cess of s1,OOo All corporations or mu- tual companies which have no capital
 stock shall pay a fee of twenty-five dol
 lars provided that all foreign corpora lions which have heretofore bona fide. | qualified under prior existing laws, shall | receive credit for the amount so paid by them on any amount falling due by the provisions of this act.
 Sec. ?. That Section 1922 of the Code
 of 1896 be and the same Is hereby amend ed so as to read as follows: 1922. Stato- ment to be filed-Such foreign corpora tion shall at the time of paying such fee into the Treasury file in the office of the State Auditor an instrument of writing under the seal of the corporation and | signed officially by the President or | other chief officer and the secretary of such corporation, showing the name of | the corporation. and the State county under whose laws 1t was Incorporated ] the amount of the total authorized capl- tai of such corporation, the total amount of the actual paid-in capital of such cor | poration, it's principal place of business,
 the name of the authorized agent of
 such corporation In this State, and the postoffice address of such authorized agent of such corporation In this State
 and the location of the principal place of
 business of such corporation in this State
 and also a statement showing the actual amount of capital employed In this State by such corporation if such corporation Is al the date of the filing of such state ment engaged in business in this State, | and if such corporation is not at the date of the filing of such statement engaged in business in this State, statement shall state the actual amount of capital to be employed by such corporation in this State, which statement shall be sworn 10 by such President or other executive
 officer and the secretary of said corpora ton before some officer authorized under
 the laws of this State to administer oaths or take acknowledgement of conveyances. If the Auditor shall have any reason to
 believe that any statement made in such instrument so filed in his office is untrue
 or that any fact or facts stated in such
 instrument are incorrectly stated, inc
 shall have power to demand of such cor poration, it's officers or agents, an in- spection of the books records and papers of the said cornorat ton for the purpose of ascertaning the truth or falsity of any such statement. and any such corporation which shall refuse to permit the Auditor
 or such person as may be designated by
 him to inspect the books, records and
 papers of such corporation when such
 inspection is demanded by the Auditor,
 shall not be permitted to transact any
 business or do any act in it's corporate
 capacity in this state until such inspec-