Law of Oil and Natural Gas: A Hand Book of the Statutes of Texas and the Decisions of Its Courts Relating to Oil and Natural Gas, the Organization and Operation of Oil and Gas Companies, and the Ownership and Transfer of Mineral Rights |
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Page 16
... fee the land necessary for their operations , as well as to lease or to buy merely the mineral rights . For form of a purpose clause of a corporation created under this paragraph , see Form II , post . GENERAL LAWS , 34TH LEG . , P. 225 ...
... fee the land necessary for their operations , as well as to lease or to buy merely the mineral rights . For form of a purpose clause of a corporation created under this paragraph , see Form II , post . GENERAL LAWS , 34TH LEG . , P. 225 ...
Page 16
... Fees and Franchise Tax . - Whenever the stockholders of any such company shall furnish satisfac- tory evidence to the Secretary of State that the full amount of the authorized capital stock has in good faith been subscribed , and fifty ...
... Fees and Franchise Tax . - Whenever the stockholders of any such company shall furnish satisfac- tory evidence to the Secretary of State that the full amount of the authorized capital stock has in good faith been subscribed , and fifty ...
Page 23
... fees belonging to his office , the sum of five dollars per month for each month and fractional part thereof between the date of forfeiture and settlement , the company shall be re- lieved from such forfeiture ; and said officer shall ...
... fees belonging to his office , the sum of five dollars per month for each month and fractional part thereof between the date of forfeiture and settlement , the company shall be re- lieved from such forfeiture ; and said officer shall ...
Page 25
... fees , charter fees , franchise tax , etc. , be paid out of the proceeds of sale of stock , as debts of the corporation . See " Blue Sky Law , " by which these matters are fully regulated , post pp . 72-81 . A contract by the promoter ...
... fees , charter fees , franchise tax , etc. , be paid out of the proceeds of sale of stock , as debts of the corporation . See " Blue Sky Law , " by which these matters are fully regulated , post pp . 72-81 . A contract by the promoter ...
Page 26
... fees , charter and license fees , etc. ) the corporation may pay out of its capital received from the sale of stock . As to all others it can not reimburse the promoters either by issuing them stock or paying them from sales of stock ...
... fees , charter and license fees , etc. ) the corporation may pay out of its capital received from the sale of stock . As to all others it can not reimburse the promoters either by issuing them stock or paying them from sales of stock ...
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Common terms and phrases
95 Texas affidavit agent amendment amount Article attorney authorized capital stock Blue Sky Law bonds broker by-laws cents charter claim Constitution contract convey corporation or proposed corporation organized Corsicana court directors or trustees domestic corporations drilling expenses foreign corporation forfeited forfeiture franchise tax granted Heidenheimer held hereafter hereby incorporation interest issued labor Land Office lease Legislature lessee lessor liability mineral rights mining money paid natural gas necessary Ohio Oil Co oil and gas oil or gas operations owner par value parties paying quantities payment permit person pipe lines poration power of attorney private corporations promotion fees proposed corporation purpose railroad regulate royalties sale of stock secretary or commissioner Section sell sold stamp statute stock broker stockholders subscribed Texas Civ Texas Co thereof tion transfer Travis county Treas unilateral contract writ of error
Popular passages
Page 57 - Where a tunnel is run for the development of a vein or lode, or for the discovery of mines, the owners of such tunnel shall have the right of possession of all veins or lodes within three thousand feet from the face of such tunnel on the line thereof, not previously known to exist, discovered in such tunnel, to the same extent as if discovered from the surface; and locations on the line of such tunnel...
Page 93 - Every Act shall embrace but one subject, which subject shall be expressed in its title. But if any subject shall be embraced in an Act which shall not be expressed in its title, such Act shall be void only as to so much thereof as shall not be expressed in its title.
Page 97 - Every act shall embrace but one subject and matters properly connected therewith ; which subject shall be expressed in the title. But if any subject shall be embraced in an act, which shall not be expressed in the title, such act shall be void only as to so much thereof as shall not be expressed in the title.
Page 19 - To hold, purchase and convey such real and personal estate, as the purposes of the corporation shall require, not exceeding the amount limited in its charter:
Page 127 - ... by delivery of the certificate assigned in blank there shall be made and delivered by the seller to the buyer a bill or memorandum of such sale to which the stamp provided for by this article shall be affixed...
Page 28 - ... be dissolved, but it shall be lawful on any other day, to hold an election for...
Page 19 - To appoint such subordinate officers and agents as the business of the corporation shall require, and to allow them a suitable compensation: 6.
Page 105 - No corporation shall issue stock or bonds, except for money paid, labor done, or property actually received, and all fictitious increase of stock or indebtedness shall be void.
Page 63 - The owner of a quartz mill or reduction works, not owning a mine in connection therewith, may also receive a patent for his mill site, as provided in this section.
Page 96 - ... of the legislator and dangerous to the State. It was scarcely more so, however, than another practice, also intended to be remedied by this provision, by which, through dexterous management, clauses were inserted in bills of which the titles gave no intimation, and their passage secured through legislative bodies whose members were not generally aware of their intention and effect.