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The State Bank and
Trust Company

Capital Stock $200,000
Fully paid np

Carson City, Nevada

AGENCY AT TONOPAH, NEV.
BRANCH AT GOLDFIELD, NEV.

T. B. RICKEY, President

GEO. H. MEYERS, First Vice-President
C. T. BENDER, Second Vice-President
G. W. RICHARD, Cashier

JAS. T. DAVIS, Assistant Cashier

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SEC. 4. The certificate or articles of incorporation shall set forth 1. The name of the corporation (which name shall end with the wo "incorporated," or shall contain one of the following words, use therein as a substantive or noun, "association," "company," "corpora tion," "club," "society," or "syndicate") and shall be such as to distinguish it from any other formed or incorporated in this State or

135

6422

245

t

Some Leading Features

OF THE

Nevada Corporation Law

APPROVED MARCH 16, 1903

There is no franchise tax in Nevada, wherein it differs from the laws of New Jersey, Delaware and West Virginia. The annual franchise tax on a capitalization of $1,000,000 in

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Under the Constitution and the Corporation Law in Nevada there is no personal liability for corporate debts.

Annual meetings and business meetings may be held outside of the State, and one or more offices maintained outside of the State, if an office and resident agent is maintained within the State.

Corporate purposes are unlimited and may include as many branches of business as the incorporators may set forth in their articles of incorporation.

The right to consolidate incorporations, or to merge their interests is permitted, the fee being simply on the amount of gross capital above that of the combined incorporations.

The capital stock may be made absolutely non-assessable, or may be made assessable up to the par value of the stock, as may be required by the necessities of the Corporation.

By-Laws and Articles may be amended as occasion requires.
The duration of corporations is not limited.

Many other liberal features are therein contained, which will
present themseles on a perusal of the General Corporation Act
itself, therefore;

The corporation laws of Nevada offer more inducements to incorporators than any law now on the statute books.

No franchise tax, or any fee being demanded after the incorporation is formed.

Greater immunity for stockholders.

May be made assessable or non-assessable as the incorporators may determine in their articles.

Have the power to consolidate, thus enlarging the field and scope of the original company.

In fact, the most liberal incorporation law enacted.

The Legislature intends to offer and maintain a corporation law that will serve the people generally, and intends to keep up to the requirements of the development of the West.

THE STATE BANK & TRUST CO. is regularly incorporated under the laws of Nevada, with a capital stock of $200,000, fully paid up, and will act as the resident, fiscal, or transfer agent of any State, municipality, body politic or corporation, and in such capacity will receive and disburse money.

Will transfer, register and countersign certificates of stock, bonds or other evidences of indebtedness, and will act as agent of any corporation, foreign or domestic, for any purpose now or hereafter required by statute or otherwise.

Will act as trustee under any mortgage or bond issued by any municipality, body politic or corporation, and will accept and

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SEC. 4. The certificate or articles of incorporation shall set fort 1. The name of the corporation (which name shall end with the w "incorporated," or shall contain one of the following words, us therein as a substantive or noun, "association," "company, "corpora tion," "club," "society," or "syndicate") and shall be such as to distinguish it from any other formed or incorporated in this State or

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