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The Franchise. Sec. 5. The franchise and privilege hereby granted shall continue for the period of twentyfive years from and after the date of filing a notice of intention on behalf of such person or corporation to supply such electric power, heat and light to said inhabitants, in the office of the county recorder of the county in which such person or corporation intends to supply said electrict power, heat and light accompanied by an agreement on behalf of such person or corporation that he or it will annually pay to such county, city and county, city, or town, two per cent of the net profits made in furnishing said electric power, heat or light; provided, that such person or corporation shall commence the construction of their plant or pole lines or necessary appliances within three months after filing said notice of intention and agreement and continue the same to completion with reasonable diligence; and, provided further, that an affidavit sworn to by such person or by the president or secretary of such corporation containing a full statement as to the receipts and expenditures of said person or corporation in the furnishing of said electric power, heat and light, for the twelve months next preceding, be annualy filed in the office of said county recorder.

[Act. of March 2, 1901, Stats. p. 35 Chap. 25.1

Foreign

Corporations May Consolidate with Home Corporations-Agent to be Appointed, When-Penalty.

or

C. L. Sec. 262. (Sec. 3.) The provisions of this act shall be construed to permit and allow foreign corporations, owning mining property in this state, to consolidate with corporations ganized under the laws of this state; provided, that in all such cases the principal place of business of such consolidation, when effected, shall be located in the state of Nevada, or in the state where such foreign corporation desiring such

consolidation resides, as may be determined by a vote of two-thirds of the stockholders of such consolidation after the same shall be completed, and in case it shall be determined upon such vote being had, to remove the principal place of business of such consolidation out of this state, the certificate provided for in section one shall be amended so as to show the county and state where the principal place of business is located; and, provided further, that in case the principal place of business of such corporation shall be removed out of this state, there shall be an agent of such corporation appointed in this state, in the county where its property is situated, upon whom all legal process may be served, and the failure of such corporation to appoint such agent shall subject it to a fine of fifty dollars per day, to be recovered in the name of the state of Nevada, as in other cases of fines and penalties. An act authorizing the sale by any railroad corporation owning any railroad in this state, of its property and franchises, or any part thereof, to any other railroad corporation, whether organized under the laws of this state or of any other state or territory, or under any act of congress; also authorizing the corporation purchasing the same to operate such railroad, to build and operate extensions or branches thereof, and for that purpose to exercise the power of eminent domain.

May Exercise the Power of Eminent Domain-To File Copy of Certificate with County Recorder of Each County.

C. L. Sec. 1042. (Section 1.) Any railroad corporation owning any railroad in this state, may sell, convey and transfer its property and franchises, or any part thereof, to any other railroad corporation, whether organized under the laws of this state or of any other state or territory, or under any act of congress; and any such

other railroad corporation receiving such conveyance may hold and operate such railroad franchises and property within this state, build and operate extensions or branches thereof, and for that purpose exercise the power of eminent domain, and do any other business in connection therewith, as fully and effectually to all intents and purposes as if such corporation were organized under the laws of this state; provided, nevertheless, that before any corporation incorporated or organized otherwise than under the laws of this state, shall acquire any railroad in this state by virtue of this law, it shall file in the office of the county recorder of each county in which the same shall be situated, a copy of its certificate or articles of incorporation or of the act or law by which it was created, with a certified list of its officers, in the manner and form required by section one of an act of the legislature of the state of Nevada entitled "An act to amend an act entitled 'An act to require foreign corporations to furnish evidence of their incorporation and corporate name,' approved March 3, 1869," approved January 30, 1877.

Service on Non-Resident, Corporation or Joint Stock Association-Publication.

C. L. Sec. 3125. (Sec. 30.) When the person on whom the service is to be made resides out of the state, or has departed from the state, or cannot, after due diligence, be found within the state, or conceals himself to avoid the service of summons, or being a corporation or joint stock association, cannot be served as provided in section twenty-nine, and the fact shall appear by affidavit, to the satisfaction of the court or judge thereof, and it shall appear, either by affidavit or by a verified complaint on file, that a cause of action exists against the defendant in respect to whom the service is to be made, or that he is

necessary or proper party to the action, such ourt or judge may grant an order that the serice be made by the publication of the summons.

Oregon

Statutes Relating to For

eign Corporations.

Insurance Companies.

Resident-Agent to be Designated.

Fee for Filing Certificate.

Surety Companies.

Navigation Companies.

Life Insurance Companies.

Fees.

Power to Acquire Lands.

Building and Loan Associations.

Insurance Companies-Fees and Reports.
Service of Summons by Publication.

Insurance Companies.

[2 Hill's Ann. Code.]

Sec. 3272. No foreign corporation or association shall be permitted to transact the business of fire or marine insurance, brokerage or express, within the limits of this state without first complying with the provisions of section two of this act; and every person acting or professing to act as agent for such foreign corporation, before such compliance, shall be guilty of a misdemeanor, and on conviction shall be punished by a fine not exceeding one thousand dollars or imprisonment in the county jail not exceeding one year, or both, at the discretion of the court.

Sec. 3273. When any corporation or association, having made such deposit, shall desire to cease business in this state and withdraw its capital, it may do so, by first giving six months' public notice of such intention by continuous publication in three weekly newspapers, published in and of general circulation in the state, and if no claim shall be filed against such cor

poration within said six months, the deposit may be withdrawn.

Sec. 3274. All residents of this state having outstanding policies of insurance made or effected within this state upon property, and all persons having claims or demands against such corporations or associations, for which such deposit is security, may file the same with said county treasurer, prior to the time when such deposit is withdrawn, as in the preceding section is provided; and such deposit shall not be withdrawn until such policies of insurance are provided for, and such claims adjusted and settled, without leaving a sufficient amount to cover the same in the hands of such treasurer.

Sec. 3275. The corporation or association, desirous of discontinuing business, and withdrawing its deposit, may, at the expiration of the period required for publishing its notice, as in section 3273 provided, in case it cannot amicably adjust its matters with persons having or holding policies of insurance against, petition the circuit court of the county for an adjustment of the same, making the claimants parties, and the court shall have full jurisdiction to examine and determine the same as in proceedings in equity. Resident-Agent to be Designated.

Sec. 3276. A foreign corporation, before transacting business in this state, must duly execute and acknowledge a power of attorney, and cause the same to be recorded in the county clerk's office of each county where it has a resident agent, which power of attorney, so long as such company shall have places of business in the state, shall be irrevocable, except by the substitution of another qualified person for the one mentioned therein as attorney for such company.

Sec. 3277. Such power of attorney shall appoint some person who is a citizen of the United States, and a citizen and resident of this state, an attorney for such company, and shall author

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