OCR Text |
Show BIG FEE IS PAID BY HERCULES COMPANY Chock for $2500 Haudod to Secretary of Stato When Capital Is Increased In-creased to $20,000,000, An amendment to the articles of incorporation in-corporation of tho Horcules Powder companv of Delaware, increasing tho capital'stock from $10,000,000 to $20,-000,000, $20,-000,000, was filed with tho sccrotary of stato vestorda'. The company is now constructing a large powder factory west of Buona Vista, this county. Accompanying tho amendment was a check for $2500, representing tho foo exacted by tho stato for tho increaso in capitalization. When tho company first entered tho stato it sought to havo its articles filed without tho payment of the fee of 25 cents por $1000 capitalization. capi-talization. The secretary of stato refused re-fused to accept tho papers and tho company threatoncd suit to tost the right or the stato to impose such a fee. Isothing camo of tho matter, howevor, and tno company has paid the full feo without protest. |