Okla. Stat. tit. 66, § 66-168
This is the official text of Okla. Stat. tit. 66, § 66-168, 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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Domestic corporations - Increase of capital stock
Official statutory text
Every railroad corporation organized under the laws of the
Territory of Oklahoma or of the Indian Territory within three (3)
years prior to the taking effect of the Constitution of this state,
that has complied with the Constitution of this state, 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, may increase
its capital stock under the laws of this state, and may file with
the Secretary of 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 lines, 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,
without being required to pay to the State of Oklahoma the fee
required under Section 3253: Provided, that such corporation shall
pay all other fees required by law.
R.L. 1910, § 1456.
Territory of Oklahoma or of the Indian Territory within three (3)
years prior to the taking effect of the Constitution of this state,
that has complied with the Constitution of this state, 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, may increase
its capital stock under the laws of this state, and may file with
the Secretary of 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 lines, 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,
without being required to pay to the State of Oklahoma the fee
required under Section 3253: Provided, that such corporation shall
pay all other fees required by law.
R.L. 1910, § 1456.
Status: in_force · Read it on the official government site
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