Zion. pege2
Wm. s. ~Tpvt!oa,
ln old oorpamtlon l&o a nev ooPpomtlon In ac-
OtmQgofor the rtwk of the uw o o r p o wt~o a moea
the capits atook requlrwent of Artlole1530, lf
thr aa8ets txusorierral
to the new aorponrtloola-
ol.\detmre thma $100.000.00in oerh.
'An early opinion on thla question~111 be
qtpreamed."
ArtlcIe 1529, Vernon'8 Annotated Tern8 CirLl Statutes,
provides for the lsauauae of perrpitssuthorblng fox'd@X
corporetima to trsnaaat buslnasn :n Tema.
"bfora awh pm& La larwd rwh oorpn-
tioa rbll nhmf to wlo rrtlafwtlon of the BeaIy-
k~ofatatetlmt~tlr8tonehmdMd thauulrd
dollor@la oorh 81 tb.~mathorUod O@;gltrl rtoar
tnr beea pal6 in, Qr that fifty per ooat of the&r
suthorbed osplt~~latockhanbeanaub8oribal,and
at l-et ton per oeat tImNor plld W."
IJrderthe facts ttrtedla fotu'lettermore than
)100,000.00
in oaah has km paid iuto the oerpomtloa.We
l88umetrollpus lotkrttmtuwna paldlo a8 luth Wo d
oagltilrtwlc of the ooEpomtion. uM*r the irota rtrtou
lBdl88rawb, %t 18 OUT O@=tOtlthrt tb Off omtiOn8-k
the oapltal8tOak raqU%l'OWatoi ArtLola. 1530,VW'Wn'8 ,Aano-
trtti Otti bt8tUt.8,8-r
/8/ Ore~6rSellera
FIRST ASSISTAAB
ATTOl?BXoIFBlBRAL