Show THE ANNUAL STATE LICENSE TAX quite a number of utah mining companies which have failed to pay the annual state license tax have been published as delinquent in a legal notice appearing in the salt lake daily tribune all companies failing to pay this tax by april 2nd and are in default and ancl 1 forfeit their right to carry on business in the state of utah while the charters of domestic corporations will be revoked some of the companies which are delinquent are already defunct while a large proposition of the others have evidently found a place in the list through carelessness or neglect in cases where charters are revoked or where the right to do business in the state will be denied because of failure to comply with the law title to real property is still vested in the shareholder who may affect a reorganization if so desired in other words the shareholders retain absolute ownership of the property involved and it if the annual assessment work must still be performed in order to retain possessory title owners of stock in utah mining companies should make inquiry as to the standing of his company in this respect and see to it that their rights and interests are fully protected |