General Railroad And Telegraph Laws of the State of Pennsylvania, Including the Acts Relating to Incline Plane Railways And Street Passenger Railways, And Such Acts Relative to Corporations As Affect Railroad And Telegraph Companies, 1816-1883

Cover General Railroad And Telegraph Laws of the State of Pennsylvania, Including the Acts Relating to Incline Plane Railways And Street Passenger Railways, And Such Acts Relative to Corporations As Affect Railroad And Telegraph Companies, 1816-1883
General Railroad And Telegraph Laws of the State of Pennsylvania, Including the Acts Relating to Incline Plane Railways And Street Passenger Railways, And Such Acts Relative to Corporations As Affect Railroad And Telegraph Companies, 1816-1883
Pennsylvania. Laws, Statutes, Etc
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That hereafter it shall be the duty of the president or treasurer of every company incorporated by or under any law of this Commonwealth, except banks and savings institu- tions, and of all companies incorporated by any other State and lawfully doing business in this Commonwealth, who are taxable under the laws of this State, to make report in writing to the auditor-general annually, in the month of November, stating specifically the amount of capital paid in, the date, amount, and rate per cen...tum of each and every dividend declared by their respective corporations during the year end- ing with the first Monday of said month ; and in all cases where any such company shall fail to make and declare any dividend during the year ending as aforesaid, • the treasurer and secretary thereof, after being duly sworn or affirmed to do and perform the same with fidelity, according to the best of their knowledge and belief, shall, between the first and fifteenth days of November of each year in which no dividend has been declared as aforesaid, estimate and appraise the capital stock of such company at its actual value in cash, and when the same shall have been so estimated and appraised.

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