The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1911-02-16
license lax ON cEmAx CORPORATIONS.
HOUSE BILL no 81.
- ArT

AN ACT
PROVIDING FOR LICENSE TAN UPON FOREIGN AND
DOMESTIC CORPORATIONS
b II EHdefed BY the People Of the Stale II Okiah0mn
STATE LICENSE sEQUtRaD-cERrAN COMPANIES EXCEPTED
Secon No corporation heretofore hereafter Incorporated
andr the laws o s stats or oi any ether " shall Do Or attempt
III business IN virtue 81 its charter certificate Incorporation
THIS without license therefor Provided however,
that The provisions Of this act shall aqy t railroad companies,
companies electric railroad companies telephone and telegraph
companies heat light and power companies ater~ofks and
water power companies insurance companies banking and trust COM
ats building and loan association ay company corpora
ton organized Tor profit.
CORPORATION C0sflssIoN.xSUAr FEE-pRgyIso
Section It shall he the duty Of every corporation incorporated
under the laws OF this and Of every foreign corporation
doing business which shall hereafter engage in business in this
authorizing the at such business this ,ae
Each domestic corporation shall nav license Zee of ffv cents
3r each thousand dollars Of authorized capital
and each foreign corporation shall pay license dollar
m each thou ad dollars Of its cao employed in
this shall no. be required that portion Of the capital
stock employed BY any corporation ans business upon which
production gross receipts required paid
the laws OF TINS state but any corporation claiming exemption from
me payment the license ices any OF authorized capi
tai shall addition to all other statements required by the proy
s o hs act e .tsteen under oath o. IT'S president secretary
other managing officer showing detail the different kinds 9
business in which engaged and the portion Of It's capital
poyed that part OF rs business upon which production income
receipts tax is required to be paid under the laws of this
state
FEES PAYABLE wHES tyn wHERE
Section The license fee required BY this shall be paid
the before the first August
yea and shall c applied the payment o the ordinary expense
po0n Commission until each such corporation shall e with the
Cooperation Commission receipt from the show
ing the payment OF the Tee herein provided for; Provided however
The Incorporating fees required by law shall be lieu Of the
license fees required by this M the year which such acoroa
ing fees paid
BY FOREIGN CORPORATIONS
Section Every domestic corporation subject the provisions
Of this shall during the month OF july OF each year file
office Of the Corporation Commission unde oath of
president secretary managing officer showing the liz Of stock
holders Officers and directors with the post office
address Of and the Of stock held by each ;le
the thirtieth day OF June preceding.
swFRN STATEMENT EY DOMESTIC CORPORATIONS.
Every foreign corporation subject provisions
shall before the thirty first day Of July OF wear
file with the Corporation Commission under oath OF
president secretary managing officer managing agent
such corporation this such form the Corporation
prescribe showing the total vi authorized
capital stock the number of shares which divided the
name Of the office offices Of company and ta
designated agent for service Of process residing at the
capital Of this list Of is stockholders officers drectc
giving residence and post office address OF the amount Of 81 A
hdd By each the existed the het day Tune next
preceding the value OF property where situate value m the
property owned and used outside OF the State Oklahoma TIE
proportion the capital stock Of the company represented
popelty owned ard used ard ~ brsrcss transacted II H..
STATEMENT CONCLUSIVE
Section 6. The return made BY foreign corporations d99g
business this state shall not be conclusive proportion II
their authorized capital represented By business done fl ih, stale
that other proportion than that by the statement
tre proportion Of the capital represented IN this stair they