The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1913-06-26
REQUIREMENTS OF
. THE NEW BLUE SKY LAW
COMPLETE REPORTS TO BE CIV.
EN- BY ALL OPERATING.
CORPORATIONS.

State Mine Inspector Robert N. Bell
has sent out to the various companies
concerned annual report blanks OF
mining operation required under the
provisions Of the Blue Sky law passed
by the last legislature of Idaho. Ac-
companying these Is a pamphlet CIV
ing the following extracts from the
law:
Provided, however. that the .provi-
sions of this act shall not apply to any
person. corporation. or association en-
gagged in actual mining operations, de-
veloping mining property within the
state except as hereinafter provided
and not otherwise.
Section Is. All corporations DOM
este or foreign, and associations en-
gagged In mining operations within the
state, shall during the month Of June
each year after the passage and APP
prevail of this act file with the state
inspector of mines of this state a re-
port which shall be made under oath
and shall contain names of each min
ing claim and the total number Of
such claims. owned. leased or other
wise held forming the basis for the
issue of stock certificates, and the
number being worked and developed.
and the mining district and county in
which such property Is located the
nature Of the title thereof. or interest
therein, whether lease holder or 9TH
erwise, the character. value and gen
eral description of all buildings, works
machinery and other improvements.
the total amount and description of all
development work done by such cor
poration or association, the total sum
of money or other valuable considsra-
tion given or paid out therefor: the
total number of shares or certificates
that such corporation or association
is by law authorized to issue, and the
different classes and the par value
thereof total number Of shares of
stock certificates set aside by such
corporation or association In it's treas
ury to sell or otherwise dispose of for
the purpose Of working, developing or
otherwise improving the property Of
such corporation or association; the
total number of shares OF stock or
certificates sold and the total sum of
money or other consideration received
therefor and the number of shares or
certificates remaining unsold, and all
corporations, domestic or foreign, and
associations who are not now engaged
in mining operations within this state.
who desire to engage in mining and
mining operations within this state,
shall, before engaging in mining and
mining operations within this state,
make, execute and file such report as
is above provided, and such report
shall be made and filed by corpora
tions. domestic or foreign, and asso-
ing and mining operations within this
state at the time of taking effect of
this act
Sec. 16. Any person or persons
port upon the application to the state
inspector of mines therefor. by paying
the fees in such cases made and pro-
vided by law.
"Sec. II. 1t shall be unlawful for
any corporation or association to re-
fuse, fail or neglect to make, execute |
and file the report provided for in /
Section Is Of this act. and upon con-
viction thereof shall be deemed guilty
Of misdemeanor and punished ac-
cordingly.
Sec. IS. Any person. corporation
Or association who knowingly makes
false report to the state inspector Of
mines as provided by this act of or
any mining property In
his state. or any person. corporation,
association or individual whomsoever
who knowingly makes or publishes in
my way whatever or permits to be
made or published any book. pros q
,ectus, notice. report, statement, ex-
libt or other publication of or con- I
erning the affairs. financial condi-
ion or property Of any corporation
joint stock association S
o. partnership, or individual which I
aid book, prospectus, notice, report. /.
tatement. exhibit or other publication Il
hall contain any statement which is G
alse. shall be deemed guilty of II
ebony. and upon conviction thereof t,
hall be imprisoned for not more than Il
IN years or fined not more than $10,- a
20 or shall suffer both such fine and s,
Imprisonment W
Sec 10. Should the courts de- r
are any section of this act unconsti- al
ltional or unauthorized by law. or in 81
,nflict with any other section or pro- II
sion of this act then such decision SO
TALL affect only the section or provi- al
on so declared to be unconstitu- 80
onal and shall not affect any other W
ction or part of this act m
SEC. 90 Section 712S of the Re. Sc
sed Codes of Idaho and all acts and A
lrts of acts in conflict herewith are be
reby repealed. It'll
Approved March H., 1913" an
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is conclusion he took steps to Sc