nature of the corporation, as follows: savings banks, the sum of one hundred dollars; other banks one-tenth of one per cent., and railroads and insurance companies one-twentieth of one per cent., upon the largest amount of capital authorized by the act; other corporations having for their object a division of profits, the sum of fifty dollars; and for every act in amendment of any such act the sum of twenty-five dollars.

Every corporation which is not to carry on its business and have its principal office in this State, obtaining a charter or an act increasing its capital stock from the legislature or organizing under the general laws of the State, shall pay to the State Treasurer, within thirty days after the close of the session if its charter is special, or at the time of recording its articles of association if it is formed under the provisions of the Public Statutes, a charter fee on the largest amount of the capital or increase of capital authorized by its charter or articles of association as follows: Where the amount of said capital or increase does not exceed twenty-five thousand dollars, ten dollars; where it exceeds twenty-five thousand dollars and does not exceed one hundred thousand dollars, twenty-five dollars; where it exceeds one hundred thousand dollars and does not exceed five hundred thousand dollars, fifty dollars; where it exceeds five hundred thousand dollars and does not exceed one million dollars, one hundred dollars; where it exceeds one million dollars, two hundred dollars.36

§ 680. New Jersey.

The fee for incorporation is twenty cents for each thousand dollars of the total amount of capital stock authorized, but in no case less than twenty-five dollars; increase of capital stock, twenty cents for each thousand dollars of the total increase authorized, but in no case less than twenty dollars; consolidation and merger of corporations, twenty cents for each thousand dollars of capital authorized, beyond the total authorized capital of the corporations merged or consolidated, but in no 36 N. H. Pub. Stat. ch. 14, §§ 4, 5.

case less than twenty dollars; extension or renewal of corporate existence of any corporation, the same as required for the original certificate of organization of this act; dissolution of corporation, change of name, change of nature of business, amended certificates of organization (other than those authorizing increase of capital stock), decrease of capital stock, increase or decrease of par value or number of shares, twenty dollars.37

§ 681. New Mexico.

The charter fee is as follows:

For railroad or other corporations formed for pecuniary profit, ten cents for each and every thousand dollars of capitalization, and a like fee upon each subsequent increase of capital, but in no case less than twenty-five dollars ($25.00).38

§ 682. New York.

The organization tax is one-twentieth of one per cent. of the authorized capital stock. The same amount is paid upon increase of capital stock, and in the case of consolidation on the amount of the new capital in excess of the combined capital of the constituent corporations. The minimum fee is one dollar.39

§ 683. North Carolina.

A charter fee is charged of twenty cents for each thousand dollars of capital stock, but in no case less than $25.00; on an increase of capital stock at the same rate, but in no case less than $20.00; on extension or renewal of corporate existence the same as on original incorporation.40 An incorporation or amendment of charter by special act of legislature requires a charter fee twice as large as in the preceding section.41

37 N. J. Corp. Law, § 114, 1893, P. L.

38 N. Mex. 1903, ch. 114.

39 N. Y. 1901, ch. 448.

40 N. C. 1901, ch. 2, § 96.

41 Ibid. § 97; 1903, ch. 93, § 1.

p. 448.

§ 684. North Dakota.

The charter fee charged for filing articles of incorporation is the sum of fifty dollars for the first fifty thousand dollars, or fraction thereof, of the capital stock of such corporation, and the further sum of five dollars for every additional ten thousand dollars, or fraction thereof, of its capital stock.42 For an increase of capital stock the fee is five dollars for every ten thousand dollars, or fraction thereof, of such increase in the capital stock of such corporation.43

$685. Ohio.

The charter fee where the capital stock is ten thousand dollars or under is ten dollars; where the capital stock is over ten thousand dollars, one-tenth of one per cent. on the authorized capital stock. The same fee is imposed where there is an increase of capital stock; and the same fee is exacted upon a consolidation of corporations, without regard to any charter fee paid by the constituent corporations.44

§ 686. Oklahoma.

The charter fee is five dollars.45

§ 687. Oregon.

The charter fee is as follows:

Where the capital stock shall not exceed $5,000, a fee of $10; where the capital stock shall exceed $5,000 and shall not exceed $10,000, a fee of $15; where the capital stock shall exceed $10,000 and shall not exceed $25,000, a fee of $20; where the capital stock shall exceed $25,000 and shall not exceed $50,000, a fee of $25; where the capital stock shall exceed $50,000 and shall not exceed $100,000, a fee of $35; where the capital stock shall exceed $100,000 and shall not exceed $250,000, a fee of

42 Rev. Code, § 2865.

43 Ibid. § 2866.

44 Rev. Stat. § 148 a, cls. 1-3.

45 Okla. Stat. § 2900.

$45; where the capital stock shall exceed $250,000 and shall not exceed $500,000, a fee of $60; where the capital stock shall exceed $500,000 and shall not exceed $1,000,000, a fee of $75; where the capital stock shall exceed $1,000,000 and shall not exceed $2,000,000, a fee of $90; where the capital stock shall exceed $2,000,000, a fee of $100.46

$688. Pennsylvania.

All domestic corporations on their creation pay a "bonus" of one-third of one per cent. upon the amount of authorized capital stock, and the same bonus on an authorized increase of the capital stock.47

8689. Rhode Island.

Before organization a corporation shall pay one hundred dollars, and in addition one-tenth of one per cent. on any amount of authorized capital stock over one hundred thousand dollars; and on any increase of capital stock it shall pay one-tenth of one per cent. of such increase.48

§ 690. South Carolina.

Fees for incorporation are as follows: On each charter issued or renewed, the sum of one mill upon each dollar of the capital stock authorized up to and including one hundred thousand dollars; the sum of one-half of a mill upon each dollar of the capital stock exceeding one hundred thousand dollars and up to and including one million dollars; and the sum of onefourth of a mill upon each dollar of the capital stock exceeding one million dollars.49

§ 691. South Dakota.

A fee of $10.00 is charged.50

46 Ore. 1903, p. 39, § 1.

47 Pa. 1899, P. L. 189, § 1.

48 R. I. Gen. L. ch. 29, § 16.

49 S. Car. Code, § 1888.

50 S. Dak. Stat. § 1911.

§ 692. Tennessee.

An organization tax is imposed of one-tenth of one per cent. of the capital stock fixed in the charter, and the same upon any increase of capital stock.51 On consolidation the organization tax is paid upon the whole amount of the new capital stock.52 In addition to the organization tax, there is imposed a fee for recording the charter or any amendment of it of ten dollars; or for filing articles of consolidation twentyfive dollars. 53 For filing an amendment to a charter of a corporation created under general laws, ten dollars; of a corporation created by special act, or by any chancery court, one hundred dollars.54

693. Texas.

The charter fee is as follows: For each and every charter, amendment or supplement thereto, of a private corporation created for the purpose of operating or constructing a railroad, magnetic telegraph line, or street railway, or express company, authorized or required by law to be recorded in said department, a fee of one hundred dollars, to be paid when said charter is filed; provided, that if the authorized capital stock of said corporation shall exceed one hundred thousand dollars, it shall be required to pay an additional fee of twenty-five dollars for each one hundred thousand dollars authorized capital stock, or fractional part thereof, after the first; . . . for each and every charter, amendment or supplement thereto, of a private corporation, created for any other purpose, intended for mutual profit or benefit, a fee of twenty-five dollars shall be paid when the said charter is filed for record; provided, that if the authorized capital stock of said corporation shall exceed ten thousand dollars, it shall be required to pay an additional fee of five dollars for each additional ten thousand dollars of its

51 Tenn. 1899, ch. 432, § 9.

52 Ibid. § 10.

53 Ibid. ch. 2, § 1.

54 Ibid. ch. 209, § 1.