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INDEX.

[The figures refer to the sections.]

Abatement of suits, dissolution does not effect, 65, 92, 149.

Administrator may vote, 39.

Agents, power to appoint and compensate, 1, 16.

term of office fixed by by-laws, 19.

chosen as directed by by-laws, 19.

having property of corporation shall disclose it to officer having execution, 66, 68.

Aggrieved persons may cause election to be investigated, 44.

appeal to chancellor, 82.

Agricultural fair or company may be formed under this act, 10. powers of such corporations, 200, 201.

Alphabetical list of stockholders for elections, 36, 41.

Alteration of seal, 1.

number of directors regulated by by-laws, 1.
charter, 6, 111.

par value of shares, 119.

Amendments may be made to this act, 35.

of defective certificate of organization, 11 (r), 126, 180.
fee on filing, 146, 195.

Appeal from receiver's determination, 82.

Appointment of officers, agents and factors, 16-20.

Assessments, on stock, how made, 27.

on mining company, 143.

penalty for non-payment, 28, 29.

Assets of insolvent corporation, how distributed, 80.

[blocks in formation]

[The figures refer to the sections.]

Benevolent foreign corporations may hold land here, 150.
Bequest of property to corporation, 1.

Bond of treasurer, 18.

cashier, 153.

Bonds maturing may be paid by issue of stock, 135.

issued by insolvent company, convertible or otherwise, 139. Books (except stock books, etc.) may be kept out of this state, 50. evidence of right to vote, 36, 45.

proceedings, 50 (d).

stock to be open to inspection, 36. transfers to be made on, 26. Bridge company may re-organize, 132. Building company may be formed, 10. Business out of this state, 11, 15, 50.

not to be transacted after appointment of receiver, 83. By-laws, power to make and purposes for which made, 1. penalties for breach of, 1.

for list of matters to be contained therein. See page 100.
must be reasonable, 1 (h).

regulating elections, 17, 21, 38, 45, 46.

vacancies, 20.

elections, 18.

fixing and altering number of directors, 1.

transfer of stock, 1, 26.

meetings outside state, 50.

may fix day for dividends, 52.

Call for stockholders' meeting, 21.

first meeting, 22.

Candidate for office not to be judge, clerk or inspector of election, 42. Capital not to be withdrawn or refunded without due notice, 7, 33, 53, 117. fully paid up, stockholders liable to creditors, 5.

to be paid up in money, 54, 116, 209.

when fully paid up, certificate to be made, 30, 31.
amount to be stated in certificate, 11.

stock, see STOCK; also, INCREASE, and DECREASE, and CHANGE.

Cashiers to give bonds, 153.

Certificate of organization, matters to be contained in, 11, 15, 25.

authentication, record and filing, 11.

fee on filing, 145.

when lost, copy may be filed, 175, 176.

a certified copy is evidence, 12.
may be amended, 11 (r), 126, 127.

change of name, 114, 115.

par value of shares, 118.

nature of business, 33.

decrease of capital, 117.

[The figures refer to the sections.]

Certificate of dissolution, 34.

extension of corporate existence, 109, 110, 136, 177, 197.

stock to be signed by treasurer, 23, 29, 140.

new one when lost, 140.

increase of capital, 24, 31, 32, 116, 119, 143, 147.

payment of capital stock, 30, 31, and note.

reduction of capital, 33, 117.

false, renders officers liable, 56.

Chancellor has jurisdiction of matters touching dissolved corporations, 61. to appoint receiver of insolvent corporation, 70.

may declare charter void, 83.

Change of nature of company's business, 33.

time of declaring dividends and electing directors, 106.
name of corporation, 114, 115.

par value of shares, 118.

Chartered company has the powers given by this act, 8, 122.
Charters subject to repeal, 6.

may be annulled by chancellor, 83.

forfeited by refusing to bring books into state, 51.
Chemical company may be formed under this act, 10.
Claim against insolvent corporations may be tried by jury, 78.
Classification of directors, 17.

Clay company may be formed, 10.

Clergymen, societies for relief of, 152.

Collateral security, transfer of stock for, 26, 39.

Commencement of corporate existence, 13.

period stated, 11.

business, amount of capital, 11.

Common and preferred stock may be issued, 25, 116, 144.

Compensation may be made to officers and agents, 1.

Compromise with creditors, 165–167.

Condemnation of lands, not authorized except for water company, 10.

Consolidation of certain companies, 151.

Construction companies, powers of, 204.

may take bonds, stocks, etc., 219.

Contracts for transferring or merging franchises must be recorded, 100.
Conveyance of property, power to make, 1.

Co-operative associations, 124.

Corporate existence limited to fifty years, 11.

begins on filing certificate, 13.

continued for winding up business, 59.

may be extended, 109, 110, 177, 187, 197.

taking effect on happening of event, to take effect on filing certificate, 208.

Creditors' remedy against stockholders for unpaid subscriptions, 5.

[The figures refer to the sections.]

Debts, holders of stock not fully paid liable for, 5.

paid by officers and stockholders may be recovered, 95.

property mortgaged for, may be acquired, 1.

to be first made of company's property before resort had to stockholders or officers, 96.

officers' liability for not filing certificate, 32.

loans to officers and stockholders, 54.

false certificate, 56.

Decrease of capital stock, 33, 117, 120, 138, 169.

Delinquent taxpayers, 210-217.

Devises of property to corporation, 1.

Directors ceasing to be stockholders cease to be directors, 16, 48. candidates for office of, cannot be judge, etc., of election, 42.

chosen annually, 17.

classification of, 17.

decrease of number, 184.

dissent from dividend not earned, 7.

election, regulations concerning, 17, 38-49, 106, 128.

increase of number, 1, 116.

liability for making dividends not earned, 7.

not making certificate of full payment of capital, 32.

reduction of capital, 33.

change of nature of business, 33.

giving notice of withdrawal of capital, 53, 117. enforced by action on the case, 93.

or by bill in chancery, 94.

limitations on powers of, 11.

list to be filed, 49, 113.

paying debts may recover, 95.
meetings out of this state, 50.

must be shareholders, 16, 47, 48.

call meeting of stockholders when company is insolvent, 69. neglecting to present list of stockholders, ineligible to election, 41. number to be not less than three, 17.

seven for safe deposit and trust com

panies, 173.

fixed and altered by by-laws, 1.

may be increased, 116.

or decreased, 184.

residence of, 108, 112, 133, 218.

of plank road company, where to reside, 108.
water companies, residence of, 112, 133, 218.

to be trustees on dissolution, 57, 58, 60.
vacancy filled as by-laws direct, 20.

votes of, to be recorded, 18.

Dissent of director to improper dividend, 7.

[The figures refer to the sections.]

Dissolution, power to dissolve, 1.

legislature may dissolve, 13.

proceedings to dissolve, 34.

not caused by failure to elect directors, 46.

transfer of all property and stock, 1 (i).

suspension of business or failure to file statements,

205.

directors to be trustees for winding up, 57, 58, 60.

powers of trustees on dissolution, 58.

corporate existence continued for winding up, 59.
chancellor has jurisdiction, 61, 203.

receiver, 60, 62.

property vests in stockholders, 64.

does not abate suits, 65, 92.

educational association, 186.

list of directors and officers to be filed, 113.

Distribution of property of dissolved corporation, 7, 62, 64, 80.
Dividends to be made only from profits or surplus, 7, 25, 53, 144.
by manufacturing company to be made annually, 52.

time of making may be changed, 106.

on preferred and common stock, 25.

may be guaranteed on stock issued for property purchased, 144.

Dock companies and merger thereof, 190, 204.

Duties of corporations are in the nature of conditions annexed to the grant of
franchises, 11 (t).

Educational associations may dissolve, 186.

Elections, to be held annually, 17, 18.

regulations concerning, 36–49.

books the only evidence of right to vote, 36, 45.

to be by ballot, 37.

list of shareholders to be made and shown, 36, 41.
investigation of complaints by supreme court, 44.

new election may be ordered, 44.

by-laws regulating, must be passed thirty days previous, 45.
not held on proper day may be held afterwards, 46, 128, 129.
stock held by company cannot be voted on, 43.

time of holding may be changed, 106.

Electric light companies may use highways, 154, 155.

wires may be laid under ground, 155.

but not near water or gas pipes, 156.

Eminent domain, company requiring use of, not authorized, 10.
Evidence of right to vote is the transfer book, 36, 45.

insolvency of bank, 71.

other corporation, 70.

certificate of organization or copy, 12.

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