THE ACT AUTHORIZING THE FORMATION OF CORPORATIONS

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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 3 - 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 41 - ACT to extend the operation and effect of the act passed February seventeenth, eighteen hundred and forty-eight, entitled "An act to authorize the formation of corporations for manufacturing, mining, mechanical or chemical purposes.
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...

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