The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1910-02-02
CONCERNS MUST FILE
|. ANNUAL STATEMENTS
Failure TO Pay Fee on Capital
Stock Means Forfeiture
Of Charter

Governor Haskell's corporation IL
cense tax bill, which will probably
be int oduced some time this week, is
as follows.
, Section L. No corporation hereto
fore or hereafter INCORPORATED I'M
der the laws of this state, or of any
other state. shall do or attempt TO
do business by virtue Of its charter
or certificate of incorporation in this
state without state license there
for; provided, however, that the pro
visions OF this act shall not apply to
railroad companies. car companies,
electric railroad companies. telephone
and telegraph companies, heat, light
and power companies, insurance COM
panies, banking or trust companies,
building and loan associations: or to
any other company or corporation not
organized for profit.
Section 2. 1t shall be the duty OF
every corporation incorporated under
the laws OF this state, and of every
foreign corporation now doing busi-
ness, Or which shall hereafter engage
in business in this state, to procure
annually from the corporation COM
mission a license authorizing the
transaction Of such business In tl,lS
state.
Each domestic corporation shall
pay a license fee of fifty cents for
each one thousand dollars of its au-
thorized capital stock or less, and
each foreign corporation shall pay a
license fee OF one dollar for. each one
thousand dollars of its capital stock
represented by its business done In
this state; provided that the minimum
fee under the provisions OF this act
shall be ten dollars.
Section 3. The license fees re-
quired by this act shall be paid TO
the state treasurer on or before the
first day of August Of each year, and
shall be applied TO the payment OF
the ordinary expenses or Inc STATE
government and no license shall be
issued by the corporation commits.
sion until each such corporation shall
file with the corporation commission
a receipt from the state treasurer
showing the payment OF the fee here
in provided for; provided, however,
the incorporating fees now required
by law shall be In lieu of the license
fees required by this act for the year
In which such incorporating fees are
paid.
Section a. Every domestic cor
poration subject to The provisions OF
this act shall, during the month OF
July of each year. file in the once
of the corporation commission a
statement under oath Of its president
secretary or managing officer. show
ing the list of its stockholders, Of
ficers and dreci ors with the resi-.
dence and postoffice address OF and
the amount of stock held by each as
the same existed on the thi!tieth day
of June next preceding.
+ Section 5. Every foreign corpora
lion, subject to the provisions OF this
act shall, on or before the thirty
first day Of July Of each year. file
with the corporation commission, 2
statement under oath of is preslden'
secretary O, managing officer or man
aplnR agent III lhi5 tily W '"'" -
poration. in such form as the corpora'
tion commission may prescribe, show.
ing the total amount Of its authorized
capital stock, The number OF shares
into which II is divided, the name and
location of the office or offices Of the
company and the name OF It's deslg
mated agent for service OF process
residing at the capital OF this state; 2
list OF its stockholders, officers and
directors, giving the residence and
postoffice address OF and the amount
of stock held BY each as the same
existed on the thirtieth day OF June
next preceding. the value of property
owned and nsod by the company u
the state of Oklahoma and where sit
uate. and the value OF property own
ed and used outside OF the state o
Oklahoma; the proDoriion OF the can
ital stock of the company which Il