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Proceedings of the Senate, 1916
Volume 658, Page 636   View pdf image (33K)
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636 JOURNAL OF PROCEEDINGS [Mar. 20

lect recording fees of ten dollars (to be divided, accounted for
and paid over by the Commission as in the case of a certifi-
cate of incorporation).

'(2) When such articles of amendment have been delivered
to the State Tax Commission, with the recording fees, for
which provision is hereinbefore made, and the bonus tax, if
any payable, the amendment or amendments made thereby
shall take effect, and not before. A duly certified copy of
such articles of amendment from the records of the Secretary
of State, the State Tax Commission or the Circuit or Superior
Court shall be evidence of the amendment or amendments
made thereby. The recording by the State Tax Commission
of the articles of amendment shall be conclusive evidence of
the payment of the recording fees and the bonus tax, if any,
required by law to be paid to it, except in a direct proceeding
by the State. '"

No. 6—"In Section 8, page 21 of the printed Bill, commenc-
ing with the words 'there shall, ' in line 59 of sub-division (2) of
Section 29 of Article 23 of the Annotated Code, as re-enacted
thereby, strike out down to and including the word 'recorded, '

in line 75 thereof, and insert in lieu thereof the following:
'there shall be attached to said agreement of consolidation the
affidavits of the chairmen or the secretaries of the respective
stockholders' meetings, that the same was duly advised by the
boards of directors and approved by the stockholders of their
respective corporations. Said agreement of consolidation, to-
gether with a copy thereof, shall be delivered to the State
Tax Commission, which, upon the payment, and not before,
of the recording fees for which provision is hereinafter made,
and upon the payment, and not before, of the bonus tax pre-
scribed by law, if any payable, as in the case of a certificate
of incorporation, shall receive the same for record and en-
dorse thereon the date and time of such receipt and promptly
record the same as in the case of a certificate of incorpora-
tion. After such recording, the State Tax Commission shall
transmit the original agreement of consolidation to the Sec-
retary of State, by whom the same shall be again recorded,
and shall transmit a copy thereof duly certified by it to the
Clerk of the Circuit or Superior Court (according to the loca-
tion of the principal office of the corporation as stated in said
agreement of consolidation), by whom the same shall be again
recorded. '"

No. 7—"In Section 8, page 22 of the printed Bill, commenc-
ing with the words 'at the time, ' in line 92 of sub-division (2)

 

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Proceedings of the Senate, 1916
Volume 658, Page 636   View pdf image (33K)   << PREVIOUS  NEXT >>


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