(a) When the lessee is a corporation, its first application must be accompanied by a sworn statement of its proper officers showing:
- (1) The total number of shares of the capital stock actually issued and, specifically, the amount of cash paid into the treasury on each share sold; or, if paid in property, state kind, quantity, and value of the same paid per share.
- (2) Of the stock sold how much per share remains unpaid and subject to assessment.
- (3) How much cash the company has in its treasury and elsewhere and from what source it was received.
- (4) What property, exclusive of cash, is owned by the company and its value.
- (5) What the total indebtedness of the company is, and, specifically, the nature of its obligations.
- (b) Subsequent applications of the corporation should show briefly the aggregate amounts of assets and liabilities.