Equity Volume 5, No. 4

Equity Volume 5, No. 4

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This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1903 edition. Excerpt: ..."put its finger" upon every corporation doing business in the State, for the location of its corporations seems to be the chief information desired. Not one word is said about capital stock or indebtedness. The report required may in a way be said to be for purposes of taxation, for the State has been so very aggressive in its taxation of corporations recently that many have left the State and taken out charters in other States. MAINE. According to the recent law of Maine, corporations must pay an annual franchise tax in proportion to their authorized capital stock, and are required to file with the Secretary of State on or before the first of June, annually, a return, signed by the president or treasurer, verified under oath, containing: (1) The names of the directors, president, treasurer, and clerk, with the residence of each. (2) The location of the principal office in the State, and (3) The amount of authorized capital stock. NEW JERSEY. In New Jersey, corporations must make within thirty $16,500 was appropriated by the State Legislature in Iooi for this purpose as follows: One chiefclerk, $2000; three corporation clerks at $1800, $1500, and $1000 respectively; one anti-trust clerk, $1800; three assistant anti-trust clerks at $ 1500, $ 1000, and $900; and to the Secretary of State, in addition to his regular salary, $5000 "for the purpose of carrying into effect a law for and requiring every foreign corporation doing business in this state to have a public office or place in the state at which to transact its business, subjecting it to certain conditions, etc. Approved May 10,1901. days after the annual election of directors, a report, authenticated by the signatures of the president, and one other officer, or by any two...show more

Product details

  • Paperback | 78 pages
  • 189 x 246 x 4mm | 154g
  • Rarebooksclub.com
  • Miami Fl, United States
  • English
  • black & white illustrations
  • 1236515153
  • 9781236515155