Tull & Gibbs, Inc. v. Hinkle

Citations

• 130 Wash. 571
• 228 P. 599
• 1924 Wash. LEXIS 687

Syllabus

<p>Corporations (20) — Amendment of Articles — Incbease of Capital Stock — Payment of Pees — Statutes—Construction. Under Rem. Comp. Stat., § 3837, providing that every corporation desiring to increase its capital stock shall pay “for the increase” the amount fixed in the schedule of § 3836, less the amount already paid, a corporation increasing its capital stock from $650,000 to $1,000,000 must pay the fee fixed in the schedule for $350,000 less the amount already paid; and the act is not susceptible of the construction that the fee shall be paid on the entire amount of its capital as increased, less the amount already paid (Parker, J., dissenting).</p>