The Act Concerning Corporations in the State of New Jersey, Approved April 7, 1875: With All the Amendments to January 1, 1892, Together with Notes and FormsF.D. Linn & Company, 1892 - 160 pages |
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Page 3
... assent of every one of the stockholders . Ibid . The acts of a de facto corporation are valid so far , at least , as they create rights in favor of third persons . 5 Id . 236 ; 9 Id . 548. The directors have power to make any contract ...
... assent of every one of the stockholders . Ibid . The acts of a de facto corporation are valid so far , at least , as they create rights in favor of third persons . 5 Id . 236 ; 9 Id . 548. The directors have power to make any contract ...
Page 26
... assent thereto , shall be jointly and severally liable , to the extent of such loan and interest , for all the debts of the company con- tracted before the repayment of the sum so loaned . ( f ) Courts have inflexibly enforced the rule ...
... assent thereto , shall be jointly and severally liable , to the extent of such loan and interest , for all the debts of the company con- tracted before the repayment of the sum so loaned . ( f ) Courts have inflexibly enforced the rule ...
Page 50
... assent , in writing , of stockholders representing two - thirds in value of the existing capital stock , and a certificate setting forth the amount of capital stock , and number of directors as increased , and the certificate of the ...
... assent , in writing , of stockholders representing two - thirds in value of the existing capital stock , and a certificate setting forth the amount of capital stock , and number of directors as increased , and the certificate of the ...
Page 51
... assent and certificate have been filed in his office shall be taken and accepted as evi- dence of such decrease in any court of this state ; provided , no such reduction of stock shall be construed to effect any reduction of the taxes ...
... assent and certificate have been filed in his office shall be taken and accepted as evi- dence of such decrease in any court of this state ; provided , no such reduction of stock shall be construed to effect any reduction of the taxes ...
Page 52
... assent and certificate have been . filed in his office shall be taken and accepted as evidence of such subdivision of said shares and alteration of their par value in any court of this state ; provided , however , that such assent and ...
... assent and certificate have been . filed in his office shall be taken and accepted as evidence of such subdivision of said shares and alteration of their par value in any court of this state ; provided , however , that such assent and ...
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The ACT Concerning Corporations in the State of New Jersey, Approved April 7 ... New Jersey No preview available - 2016 |
Common terms and phrases
act concerning corporations act of incorporation act shall take aforesaid amended certificate annual appointed approved April approved March assent authorized board of directors bonds by-laws capital stock centum certificate of incorporation certificate of organization common seal consolidated corporation corporate existence court of chancery creditors debts deemed dissolution dividend duly eighteen hundred election of directors fair and exhibition foreign corporations franchise tax hereafter hereby repealed heretofore holders increase insolvent Jersey City liable lost or destroyed meeting mortgage newspaper circulating notice number of shares original certificate paid Palisades Manufacturing Company pany par value payment persons place of business poration preferred stock president principal office provisions relative purchase purpose receiver or receivers seal secretary shares of stock special act Stew stock issued Supplement of March take effect immediately therein thereof thirty days thousand dollars tion treasurer trustee or trustees vide sections vote
Popular passages
Page xv - The Legislature shall pass general laws providing for the cases enumerated in this section, and for all other cases which in Its judgment may be provided for by general laws.
Page xv - No county, city, town or village shall hereafter give any money or property, or loan its money or credit to or in aid of any individual, association or corporation, or become directly or indirectly the owner of stock in, or bonds of, any association or corporation; nor shall any such county, city, town or village be allowed to incur any indebtedness except for county, city, town or village purposes.
Page 88 - ... in one newspaper published in the county where the principal place of business of any of said corporation is.
Page 5 - In case of any violation of the provisions of this section, the directors under whose administration the same may have happened, except those who may have caused their dissent therefrom to be entered at large upon the minutes of such directors...
Page 29 - ... to take charge of the estate and effects thereof, and to collect the debts and property due and belonging to the corporation, and to pay the outstanding debts thereof, and to divide the moneys and other property that shall remain over among the stockholders or members.
Page 147 - ... prescribing the terms and conditions thereof, the mode of carrying the same into effect, the name of the new corporation, the number and names of the directors and other officers thereof, and who shall be the first directors and officers, and their places of residence, the number of shares of the...
Page 153 - Any corporation may purchase, hold, sell, assign, transfer, mortgage, pledge or otherwise dispose of the shares of the capital stock of, or any bonds, securities or evidences of indebtedness created by any other corporation or corporations of this or any other state, and while owner of such stock may exercise all the rights, powers and privileges of ownership, including: the right to vote thereon.
Page 94 - ... and in the absence of actual fraud in the transaction, the Judgment of the directors as to the value of the property purchased shall be conclusive...
Page 2 - To hold, purchase and convey such real and personal estate, as the purposes of the corporation shall require, not exceeding the amount limited in its charter:
Page 3 - No Corporation created, or to be created, and not expressly incorporated for banking purposes, shall, by any implication or construction, be deemed to possess the power of discounting bills, notes, or other evidences of debt ; of receiving deposits ; of buying...