This is a reproduction of a book published before 1923. This book may have occasional imperfections such as missing or blurred pages, poor pictures, errant marks, etc. that were either part of the original artifact, or were introduced by the scanning process. We believe this work is culturally important, and despite the imperfections, have elected to bring it back into print as part of our continuing commitment to the preservation of printed works worldwide. We appreciate your understanding of the imperfections in the preservation process, and hope you enjoy this valuable book. ++++ The below data was compiled from various identification fields in the bibliographic record of this title. This data is provided as an additional tool in helping to ensure edition identification: ++++ The Law Of Corporations In Texas: As Contained In The Latest Statutes And Session Laws, And As Interpreted By The Highest Courts Robert Lynn Batts, Texas Gilbert book company, 1902 Corporation law

This scarce antiquarian book is a selection from Kessinger Publishing's Legacy Reprint Series. Due to its age, it may contain imperfections such as marks, notations, marginalia and flawed pages. Because we believe this work is culturally important, we have made it available as part of our commitment to protecting, preserving, and promoting the world's literature. Kessinger Publishing is the place to find hundreds of thousands of rare and hard-to-find books with something of interest for everyone!

Purchase of this book includes free trial access to www.million-books.com where you can read more than a million books for free. This is an OCR edition with typos. Excerpt from book: taxed in proportion to its value. The legislature may impose a poll tax. It may also impose occupation taxes, both upon natural persons and upon corporations other than municipal, doing any business in this state. It may also tax incomes of both natural persons and corporations, other than municipal; the occupation tax levied by any county, city or town for any year, on persons or corporations pursuing any profession or business, shall not exceed one-half of the tax levied by the state for the same period on such profession or business. Const., art. VIII, sec. 1. 577. Constitutional provision?All property, whether owned by persons or corporations, shall be assessed for taxation and the taxes paid in the county where situated. Const., art . VIII, sec. 11. 578. Constitutional provision?The power to tax corporations and corporate property shall not be surrendered or suspended by act of the legislature, by any contract or grant to which the state shall be a party. Const., art . VIII, sec. 4. 579. Ad valorem taxes.?Corporations are subject to the same ad valo): rn taxes as individuals and general tax laws applicable to individuals are applicable to them. (1) All the taxable property of a private corporation has been reached when the full value of its real and personal property has been taxed, and to tax its right to exist which has been granted to it by charter, for which it has been compelled to pay, would be double taxation and unauthorized. State v. A. f t N. W. Ry. Co., 62 S. W. 1050; S. W. T. f t T. Co. v. Meerscheidt, 65 S. W. 381. 580. Assessing property?All railroad, telegraph, plank road and turnpike companies shall list all of their real and personal property, giving the number of miles of roadbed and line in the county where such roadbed and li...