Okla. Stat. tit. 66, § 66-167
This is the official text of Okla. Stat. tit. 66, § 66-167, part of Oklahoma’s Stat. tit. 66, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 66,." Browse the sections below, each linked to its official government source.
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Foreign corporations - Increase of capital stock
Official statutory text
Every railroad corporation organized under the laws of any other
state or territory or the United States, that shall have within the
three (3) years prior to the taking effect of the Constitution of
this state, complied with the laws of the Territory of Oklahoma or
Indian Territory to authorize such corporation to transact business
within the Territory of Oklahoma or of the Indian Territory, or
either or both of them, and shall have complied with the provisions
of the preceding section, whose chartered line or route shall pass
through other states or territories, or other states and
territories, and the Territory of Oklahoma or Indian Territory, or
Oklahoma Statutes - Title 66. Railroads Page 30
either or both of them, and the capital stock of which, as provided
in its articles of incorporation, was or is insufficient to
construct its contemplated railroad and which has been, or is, in
order to construct the same, required by necessity to increase its
capital stock, and may increase its capital stock under the laws of
the state or territory of its creation, may file with the Secretary
of State of this state a certified copy of the proceedings of its
board of directors and stockholders authorizing such increase, and a
certificate of its chief engineer, under oath, showing the estimated
cost of its main line, sidetracks, and permanent improvements in the
state, and such corporation shall pay to the Secretary of State one-
tenth of one percent (1/10 of 1%) of such estimated cost, and such
other fees as required by law, without being required to pay to the
State of Oklahoma the fee required under Section 3253.
R.L. 1910, § 1455.
state or territory or the United States, that shall have within the
three (3) years prior to the taking effect of the Constitution of
this state, complied with the laws of the Territory of Oklahoma or
Indian Territory to authorize such corporation to transact business
within the Territory of Oklahoma or of the Indian Territory, or
either or both of them, and shall have complied with the provisions
of the preceding section, whose chartered line or route shall pass
through other states or territories, or other states and
territories, and the Territory of Oklahoma or Indian Territory, or
Oklahoma Statutes - Title 66. Railroads Page 30
either or both of them, and the capital stock of which, as provided
in its articles of incorporation, was or is insufficient to
construct its contemplated railroad and which has been, or is, in
order to construct the same, required by necessity to increase its
capital stock, and may increase its capital stock under the laws of
the state or territory of its creation, may file with the Secretary
of State of this state a certified copy of the proceedings of its
board of directors and stockholders authorizing such increase, and a
certificate of its chief engineer, under oath, showing the estimated
cost of its main line, sidetracks, and permanent improvements in the
state, and such corporation shall pay to the Secretary of State one-
tenth of one percent (1/10 of 1%) of such estimated cost, and such
other fees as required by law, without being required to pay to the
State of Oklahoma the fee required under Section 3253.
R.L. 1910, § 1455.
Status: in_force · Read it on the official government site
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