Chap. 214.—An ACT to amend and re-enact section 55 of chapter 5 of an act
concerning corporations, which became a law without the governor’s signature
May 21, 1903.
Approved March 12, 1908.
1. Be it enacted by the general assembly of Virginia, That section
fifty-five of chapter five of an “act concerning corporations,” which be-
came a law without the governor’s signature May twenty-first, nineteen
hundred and three, be amended and re-enacted so as to read as follows:
§55. No charter shall be issued under this act, nor any amendment
to any charter be made hereunder, nor any order of dissolution of any
corporation made, nor any certificate of such dissolution be issued,
until all franchise taxes, registration fees, other taxes, fees and dues,
assessed by the State corporation commission, authorized or prescribed
by the existing statutes of the State, or such as may be hereafter im-
posed by the State, shall have been paid.
2. An emergency existing by reason of the failure of certain cor-
porations to amounts due the State, this act shall take effect from its
passage.