Omaha daily bee., 1910-11-22
Nebraska
Mullen Sends Word
to Foreign Firms
Outside Corporations Doing Business
in State Are Asked to Submit
Business Reports.
OFrom a So CorresnondentO

LINCOLN. Nov M-(Special )-Attorney
General Arthur Mullen today sent out let
tiers to $50 foreign corporations doing bush
ness in Nebraska requesting them to file
with his department before December an
annual report Of their business as provided
by law.
These reports have never been filed by
many of the companies, though the law
has been on the statute books for several
years Mr.. Mullen will institute proceed
ings against the companies unless they
comply with his request by the date indi-
Gated.
The attorney generals letter, together
with the sections of the law under which
he made his demand. followi
Your attention is called TO the provisions
OF chapter Sla, Compiled Statutes OK Ne
braska for 1909. Enclosed herewith find q
copy Of section 4. article Il, chapter Sla.
This section provides for the filing in the
office OF the attorney general a report and
undertaking by all foreign corporations do
ing business in this state.
The report and bond which should have
been filed by you on or before September
10. 1910. have not been received by this de-
You are hereby notified to prepare and
Immediately file the statement and under
taking referred to above. II the same are
not on file in this department by December
5, 1910 proceedings will be brought to COM
pei you TO observe this law No further
Following is the law involved:
(AImual statement) That from and after
the Both day OF June, In the year 1905, no
corporation, joint stock company or other
personally liable for their debts, except cor
pOrations Incorporated under the laws Of
the state Of Nebraska, and common car
riers and corporations owning or using
property exclusively in connection with the
business of transportation and corporations
engaged in furnishing additional accommo-
dauons to passengers as such while being
carried by such carriers, shall engage IN
business within this state, or continue to
carry on such business. unless IL shall COM
ply with the following conditions:
1t shall file a statement in the office of
the attorney general Of this state, signed
and sworn to by its president, its treasurer,
It's general manager, and a majority of the
, directors, or by persons exercising the
powers usually exercised by such officers
and directors of such corporations, Joint
stock companies and other associations, on
or before the 18th day Of September, in the
year 1905, and shall on or before the 18th
day Of September in each year thereafter
file a like statement for the year ending
with the SOth day Of June in said year, re-
spectiyely, showing;
(a) The amount OF it's capital stock.
(b) The market value of the same.
(cl How much OF the same has been paid
in full In cash; or, II the same has not
been paid in full In cash, what has been
| received by the said corporation, Joint stock
company, or other association, in lieV
| thereof, and the value whatever shall have
been SO received by it,
/ I'D The names OF all the officers and
directors Of such corporation, joint stock
company or other association, and all
agents entrusted with the general manage
ment Of its affairs
| (e) The amount It has paid in dividends
! during said period, the rate of percentage
Of such dividends and times of paying the
same.
% A statement of ali the stock owned by
/ 1t or any other corporation, Joint stock
/ company, or other association and the
number of and value of shares in each; the
| amount OF It's own stock held by other cor
porations, joint stock companies or other
| associations, held in trust for Il or in which
/ IL has any interest, directly or indirectly
| absolute or conditional, legal or equitable
specifying the corporations, Joint stock
companies or other associations.