The General Corporation Act of New Jersey

Front Cover
1903 - 251 pages

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Contents

Amendments by corporations under other acts
28
28a Change of location of office by resolution of directors 29 Decrease of capital stock how effected
29
Dividends to be made only from surplus profits
30
Voluntary dissolution proceedings
31
Incorporators may dissolve corporation
32
Stock and transfer books must be kept in registered office annual list of stockholders
33
Directors election of
34
Candidate for office of director not to be inspector of election
35
35a Cumulative voting 36 Regulations as to voting voting pools or trusts qualification of stockholders
36
Voting powers of executors or trustees Hypothecated stock
37
Shares of stock of a corporation belonging to the corporation shall not be voted upon directly or indirectly
38
Directors shall be stockholders
39
Stock books to determine who may vote inspectors of election
40
Election not held on designated day may be held thereafter
41
Supreme Court may summarily investigate complaints touching
42
elections
64
Court may appoint receivers powers of receivers
66
Receiver to qualify and take oath
67
Property franchises etc of insolvent corporation vest in receiver
68
Chancellor may summarily investigate complaints touching elec tions
76
Annual report of officers and directors to be filed 430 Every certificate and report must give address of New Jersey office and name of agent
80
Stockholders meetings must be held at registered office in
81
Dividends Payment of Capital Stock
87
Any corporation may hold stock and bonds of other corporations
93
Upon application receiver to be substituted as plaintiff in suits pending at time of appointment 80 Actions not to abate by death of receiver 81 Court ...
113
Receiver of railroad public work etc may sell or lease principal work franchise etc 83 Laborers and workmen to have first lien on assets
114
Such lien to be prior to all other liens exception 85 Compensation of receivers
116
Distribution how made VIII Service of Process 87 Process against corporations of this state
117
87a Service of declaration on corporation 88 Process against foreign corporations
119
When defendant in court
120
Remedies Against Officers and Stockholders 92 Action for liability imposed by act remedy in chancery
121
Stockholders etc who pay companys debts may recover 94 Property of directors etc not to be sold for companys debt until remedy against the com...
122
Foreign corporations may acquire own and dispose of real estate
123
How consolidation or merger shall be made
129
2 Corporations entitled to same tax exemptions as natural per
135
Secretary of state to compile and publish list of corporations
140
Supplemental and Miscellaneous Acts
143
Errors and omissions in certificate of incorporation cured by amend
146
See footnote p VII
148
Annual State Franchise Tax
151
Duties and powers of State Board of Assessors
152
For failure for two years to pay state tax charter void unless gov
158
Attorneygeneral may proceed against corporations in arrears
159
Forms and Precedents
165
AppendixSchedule of Fees and Taxes
220
AN ACT CONCERNING CORPORATIONS
236
Officers powers of de facto contract signed by duties of secretary
251
Copyright

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Page 16 - ... the number of shares into which the same is divided, and the par value of each share; the amount of capital stock with which it will commence business, which shall not be less than $1,000, and, if there be more than one class of...
Page 118 - The recognition of its existence even by other States, and the enforcement of its contracts made therein, depend purely upon the comity of those States a comity which is never extended where the existence of the corporation or the exercise of its powers are prejudicial to their interests or repugnant to their policy.
Page 161 - The names and postoffice addresses of the incorporators and the number of shares subscribed for by each ; the aggregate of such subscriptions...
Page 164 - This corporation reserves the right to amend, alter, change, or repeal any provision contained in this certificate of incorporation, in the manner now or hereafter prescribed by statute, and all rights conferred upon stockholders herein are granted subject to this reservation.
Page 72 - ... those who are to be affected thereby, of such intended application, to proceed forthwith and in a summary way to hear the affidavits, proofs, and allegations of the parties, or otherwise inquire into the matter or...
Page 56 - ... shall be published for three weeks successively, at least once in each week, in a newspaper published in the county in which the principal office of the corporation is located; the first publication to be made within fifteen days after the filing of such certificate...
Page 12 - Insolvent" means inability of a corporation to pay its debts as they become due in the usual course of its business. SECTION 3. PURPOSES Corporations may be organized under this Act for any lawful purpose or purposes, except for the purpose of banking or insurance.
Page 7 - The Legislature shall pass no special act conferring corporate powers, but shall pass general laws under which corporations may be organized and corporate powers of every nature obtained, subject, nevertheless, to repeal or alteration at the will of the Legislature.
Page 75 - ... shall be issued to pay to the Secretary of State, for the use of the State, the sum of...
Page 123 - ... 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...

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