Bisbee daily review., 1909-09-25
THECORPORAT|ON LAWS OF OLD
 MEXICO

tails, laws and expense of preparing for doing business in this country From time to time the Enterprise re beats this information and gives be- tow an article on the protoconpation of Foreign Corporations prepared by the Mexican 1itie- Mortgage to, $. A.. of Mexico City and published In the Mexican Mining Journal for septem Der, 1909.
 I The article is as follows: Corporations formed by foreigners in Maxico in accordance with Mexi- can laws are considered as Mexican eiuzens, provided such corporations i nave legal domiciIe within the re public. Such corporations are gov erned exclusively by Mexican Laws. Corporations legally organized q. broad and doing business in Mexico | are considered as foreign corpora tons, and enjoy all the rights grant ed by the laws of the country or their domicile. provided those rights do not conflict with the laws of Mex leo. Such corporations are, however, ] subject to the various provisions or the Commercial Code, relating to companies of the same class, and must submit themselves to the Juris- diction of the national tribunals. In order to establish their rights and to nave legal standing, 1t is pro- vided that foreign corporations shan comply with the provision of the code relating to the protocol1zat1on and registry of such companies which require:
 1st. The protocolization of their certificates or articles Of Incorpora- ton, by laws, and all contracts relat- ing to their organization
 End. The registry of the proof ot protocolizatIon.
 3rd. The f1lfng of reports, etc, ProtocoIizatIon: It must be borne in mind that the United States of Mexico have no separate corporation laws; all cor porations are governed and reguIat- ed by a uniform code (Codigo de CommercioJ in force throughout the repuDnc.
 In order to protocolize a foreign | corporation, it is necessary to file certified (see 'LegaIization of Sigma lures" beIow) copies of the follow ing:
 (1) Articles of incorporation. (2) Bylaws, and
 tS) A scerCltcate of the Mexican Ambassador or failing him, Of d Mexican consul, stating that the cor poration has been duly organized m | accordance with tine laws Of the state in, which it was incorporated This is obtained upon the certincate of an attorney in active practice or the law of any of the states of the union.
 LegaIization of Signatures:
 begaiization consists in the certi- tication by the Mexican Ambassador at Washington or by the consul at the nearest Mexican consulate to the effect that the signature of the oti- cer, before whom the acknowledg- ment was made, is legal To obtain this IegaIizat1on the following requ-l- sites must be compiled with:
 l. All articles of incorporation, by laws, powers of attorney, deeds, etc, must be acknowledged before a notary public by makers and s1gners thereof, or those whose duty it is to certify to the same.
 2. The notary's signature and ca pacity to act must then be ceruned to by court of record.
 ,. The signature of the clerk or the Court must then be IegaIized byi a Mexican consul or by the Mexican Ambassador.
 On receipt of the papers in Mexico, the consuPs Or ambassadors sigma ture must be Ieganzed by the Secre- tary of Foreign affairs.
 AASoC AAAobA must NAACu DC carefully translated and presented to the court, which appoints an expert to compare the original copy wItn the translation; and upon the ap, proval of this, the order to protocol ize is granted and they are forthwith spread on the notary's books.
 The fee charged by said court ex- pert is from S2.5O to $500 Mex Cy.
 Translations.
 All documents must be in Spanish language, and for that purpose, translations are made at the rate Or 25 cents per 100 words.
 Document Stamps.
 All documents, commercial 1nstru- ments, conveyances and contracts, Tn order to be legal, must bear docu-I ment stamps as provided by law. Fines and penalties are imposed for all attractions of the stamp Law. The amount of these stamps varies in accordance with the document.
 Taxation:
 To protoconze a foreign corpora ton in Mexico. stamps in the follow