Law Governing Manufacturing and Mercantile Corporations and Corporations for Other Lawful Business, Under Act No. 232, P. A. of 1903: With AnnotationsWynkoop, Hallenbeck, Crawford Company, state printers, 1909 - 38 páginas |
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Página 5
... operate on the contracts of the corporation so as to prevent it from foreclosing a mortgage given to secure it against liabil- ity under a contract of guaranty , which , although ultra vires , was entered into with the assent of all of ...
... operate on the contracts of the corporation so as to prevent it from foreclosing a mortgage given to secure it against liabil- ity under a contract of guaranty , which , although ultra vires , was entered into with the assent of all of ...
Página 7
... operate to discharge any company , which may diminish its capital stock , from any obligation or de- mand that may be due from said company . When a corpora- Certificate of tion shall so increase or diminish its capital stock , the ...
... operate to discharge any company , which may diminish its capital stock , from any obligation or de- mand that may be due from said company . When a corpora- Certificate of tion shall so increase or diminish its capital stock , the ...
Página 10
... operate in this State , shall commence business , the president of association shall cause the articles of association to be recorded , at the expense of said corporation , in the office of the Secretary of State of this State , and in ...
... operate in this State , shall commence business , the president of association shall cause the articles of association to be recorded , at the expense of said corporation , in the office of the Secretary of State of this State , and in ...
Página 20
... operates as a rescission of the contract of sale of the stock to the subscriber , and releases him from further payments on his subscription.- Carson v . Arctic Mining Co. , 5/288 . But where the remedy is by for- feiture and sale of ...
... operates as a rescission of the contract of sale of the stock to the subscriber , and releases him from further payments on his subscription.- Carson v . Arctic Mining Co. , 5/288 . But where the remedy is by for- feiture and sale of ...
Página 22
... operates to indemnify subsequent purchasers against liability under a statute declaring that stockholders shall be indi- vidually liable to the creditors of the corporation in an amount equal to their stock , such liability to be ...
... operates to indemnify subsequent purchasers against liability under a statute declaring that stockholders shall be indi- vidually liable to the creditors of the corporation in an amount equal to their stock , such liability to be ...
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Términos y frases comunes
agent amendments amount annual articles of association assent authorized capital stock Bank business in Michigan by-laws cent chapters one hundred charter common stock complied contract copy corporate debts corporate existence corporate powers corporation or association corporation organized county clerk court creditors cumulatively voted dividend dollars Doug elect equity estopped execution exercise facie evidence folio foreign corporation forfeiture franchise fee hold holders incorporated increase indebted stockholder individually liable issue Knights of Pythias labor performed Laws of eighteen lie to compel lien mandamus meeting ment milling corporations Mizner mortgage neglect or refuse newspaper published notice number of shares organized or existing paid payment poration preferred stock prescribe president and secretary proceedings purchaser purpose recorded repealed River Raisin service of process Stat statement statute subscribed subscription tangible property thereof Thunder Bay tion Toledo Ice transaction transfer treasurer valid vote
Pasajes populares
Página 30 - ... for as many persons as there are directors or managers to be elected, or to cumulate said shares and give one candidate as many votes as the number of directors multiplied by the number of his shares of stock shall equal, or to distribute them, on the same principle, among as many candidates as he shall think fit; and such directors or managers shall not be elected in any other manner...
Página 18 - ... file in the office of the secretary of state, and also in the office of the clerk of the county in which the...
Página 35 - All specific State taxes, except those received from the mining companies of the Upper Peninsula, shall be applied in paying the interest upon the primary school, university, and other educational funds, and the interest and principal of the State debt, in the order herein recited, until the extinguishment of the State debt, other than the amounts due to educational funds, when such specific taxes shall be added to, and constitute a part of the primary school interest fund.
Página 29 - The term corporations as used in this article, shall be construed to include all associations and joint stock companies having any of the powers or privileges of corporations not possessed by individuals or partnerships.
Página 31 - All corporations, whether they expire by their own limitation, or are otherwise dissolved, shall nevertheless be continued for the term of three years from such expiration or dissolution bodies corporate for the purpose of prosecuting and defending suits by or against them, and of enabling them gradually to settle and close their...
Página 8 - The Certificate of Incorporation may also contain any provision which the incorporators may choose to insert for the management of the business and for the conduct of the affairs of the corporation, and any provisions creating, defining, limiting and regulating the powers of the corporation, the directors and the stockholders, or any class...
Página 30 - The general assembly shall provide, by law, that in all elections for directors or managers of incorporated companies, every stockholder shall have the right to vote, in person or by proxy, for the number of shares of stock owned by him, for as many persons as there are directors or managers to be elected...
Página 27 - To procure such certificate, every foreign corporation shall' file and record in the office of the secretary of state a certified copy of its charter or articles of incorporation...
Página 16 - Any corporation may purchase any property authorized by its certificate of incorporation, or necessary for the use and lawful purposes of such corporation, and may issue stock to the amount of the value thereof in payment therefor, and the stock so issued shall be full paid stock and not liable to any further call, neither shall the holder thereof be liable for any further payment under...
Página 9 - Courts of equity will not interfere in the management of the directors, unless it is clearly made to appear that they are guilty of fraud or misappropriation of the corporate funds, or refuse to declare a dividend when the corporation has a surplus of net profits which it can, without detriment to its business, divide among its stockholders, and when a refusal to do so would amount to such an abuse of discretion as would constitute a fraud, or breach of that good faith ПО NW 668.) which they are...