The Act Authorizing the Formation of Corporations for Manufacturing, Mining, Mechanical, and Chemical Purposes: Passed February 17, 1848. With the Amendments, Passed February 7, 1851 ... [to] April 6, 1865. To which are Added Notes, Forms and an IndexBaker, Voorhis & Company, 1866 - 40 pages |
From inside the book
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Page 9
... court of law or equity in this State , and they and their successors may have a common seal , and may make and alter the same at pleasure ; and they shall , by their corporate name , be capable in law of purchasing , holding and ...
... court of law or equity in this State , and they and their successors may have a common seal , and may make and alter the same at pleasure ; and they shall , by their corporate name , be capable in law of purchasing , holding and ...
Page 14
... courts and places as presumptive legal evidence of the facts therein stated . [ Liability of Stockholders . ] — § 10. All the stock- holders of every company incorporated under this act shall be severally individually liable to the ...
... courts and places as presumptive legal evidence of the facts therein stated . [ Liability of Stockholders . ] — § 10. All the stock- holders of every company incorporated under this act shall be severally individually liable to the ...
Page 26
... court of law or equity . 3. To make and use a common seal , and alter the same at pleasure . 4. To hold , purchase and convey such real and personal estate , as the purposes of the corporation shall require , not exceeding the amount ...
... court of law or equity . 3. To make and use a common seal , and alter the same at pleasure . 4. To hold , purchase and convey such real and personal estate , as the purposes of the corporation shall require , not exceeding the amount ...
Page 28
... court of competent authority , the directors or man- agers of the affairs of such corporation at the time of its dissolution , by whatever name they may be known in law , shall be the trustees of the creditors and stockholders of the ...
... court of competent authority , the directors or man- agers of the affairs of such corporation at the time of its dissolution , by whatever name they may be known in law , shall be the trustees of the creditors and stockholders of the ...
Page 29
... court in which the suit shall be pending . § 14. The court in which any suit or proceeding against a corpo- ration which shall have been dissolved by the decree of the Supreme Court , or by the expiration of its charter or otherwise ...
... court in which the suit shall be pending . § 14. The court in which any suit or proceeding against a corpo- ration which shall have been dissolved by the decree of the Supreme Court , or by the expiration of its charter or otherwise ...
Common terms and phrases
19 N. Y. Reports act to authorize aforesaid amended certificate amount of capital April 11 authorize the formation Barb by-laws carried certificate of incorporation charter chemical purposes clerk common seal company formed company is insolvent contracted corporation so formed corporations for manufacturing county clerk Court of Chancery creditors deemed dissolution dissolved executors extended or changed February 17 forfeit formation of corporations GUANO guardian or trustee hold election holder ical increase or diminish indebtedness of company insert names jointly and severally Laws Legislature liability of stockholders loaned March 29 mechanical or chemical mining names of stockholders number of shares operations organize and form paid pany par value passed February seventeenth personal estate personally liable persons holding stock persons may organize pledgor of stock powers purchase record of stockholders Revised Statutes severally liable shares of stock signed sugar cane therein thereof tion town and county treasurer Wend
Popular passages
Page 18 - ... shall be jointly and severally liable for all the debts of the company then existing, and for all that shall be contracted belore such report shall be made.
Page 7 - Every such increase or reduction must be authorized either by the unanimous consent of the stockholders, expressed in writing and filed in the office of the secretary of state and in the office of the clerk of the county in which the...
Page 10 - ... shall not be dissolved, but it shall be lawful on any other day to hold...
Page 19 - JSTo person holding stock in any such company, as executor, administrator, guardian or trustee, and no person holding such stock as collateral security, shall be personally subject to any liability as stockholder of such company...
Page 12 - ... shall deem proper, under the penalty of forfeiting the shares of stock subscribed for, and all previous payments made thereon, if payment shall not be made by the stockholders within sixty days after a personal demand, or notice requiring such payment shall have been published for three successive weeks in any newspaper in the place where the business of the company shall be carried on as aforesaid.
Page 13 - Any corporation formed under this act may purchase mines, manufactories or other property necessary for its business, or the stock of any company or companies owning, mining, manufacturing or producing materials, or other property necessary for its business, and issue stock to the amount of the value thereof in payment therefor...
Page 16 - ... shall make a certificate stating the amount of the capital so fixed and paid in, which certificate shall be signed and sworn to by the president and a majority of the...
Page 24 - ... who shall cease to be a stockholder in any such company, for any debt so contracted, unless the same shall be commenced within two years from the time he shall have ceased to be a stockholder...
Page 4 - ... in the office of the clerk of the county in which the business of the company shall be carried on, and a duplicate thereof in the office of the Secretary of State, a certificate in writing...