The Ocala evening star. [volume] (Ocala, Fla.) 1895-1943, 1912-10-08

with or sell to it's contractors; a state
ment which shall show the name and
location of it's property and it's liabili-
ties; and such other information tonch-
ing it's affairs as said comptroller may
require. 1t shall also file with the
comptroller a copy of it's articles of
incorporation, constitution and by
laws and all other papers pertaining to
it's organization, all of which above
papers and documents shall be verified
by the oath of the president of such
corporation, or by some duly authoriZ-
ed officer of same.
Sec. 8. Every such foreign invest
ment company shall also file with the
comptroller it's written consent, ire
vocable, that actions may be commenc-
ed again in the proper court of any
county in this state in which a cause
of action may arise or in which the
plaintiff may reside, by the service of
process upon the comptroller and
stipulating that such service of process
shall be taken and held in all courts
to be valid and binding as personal
service upon the company itself. Such
written consent given to the comp
troller by the said companies, shall be
authenticated by the seal of said for
eign investment company, and by the
signatures of the president and secre-
tary of the corporation, and shall be
accompanied by a duly certified copy
of the order or resolution of the board
of directors of the said corporation au-
thorizing the president and secretary
to execute same. When service shall
be perfected in such manner upon any
such company the same shall consti-
tute due service of process upon such
company, and binding and effective in
all respects.
Sec. 4. 1t shall be the duty of the
comptroller to examine the statements
and documents so filed and If said
comptroller deem it advisable he shall
make or have made detailed eXamina-
tion of such investment company. and
it's affairs, which examination shall be
at the expense of such investment COM
pany as hereinafter provided: and il he
finds that such investment company is
solvent. and that it's articles of incor-
poration or association, its constitution
and bylaws, it's proposed plan of bus
mess and its proposed contracts, con-
tain fair. just and equitable plan for
the transaction of business, he shall
issue to such investment company a
statement recfting that Such company
has complied with the provisions OF
this act, that detailed information in
regard to the company and its securi-
ties is on file in the comptroller's office
at Tallahassee, Florida, that such in
vestment company is permitted TO do
business In this state, and that such
statement shall also recite in bold type
that the comptroller Is not required
nor permitted by law to recommend the
securities to be offered for sale BY
such investment company. But if said
comptroller finds that such articles OF
incorporation or association, charter
Iconstitution and bylaws, plan of bust
ness. or proposed contract contain any
provision that is unfair, unjust. in
equitable or oppressive to any class o.
| contractor, or il he decides from hi
Examination of its affairs that said in
lvestment company is not solvent anC
does not intend in good faith to do ;
fair and honest business, then he shall
lnotify said company in writing of hi
finding, and il shall be unlawful 70
such company to sell or offer for sal
any OF it's securities in this state, unit