Law Governing Manufacturing and Mercantile Corporations and Corporations for Other Lawful Business, Under Act No. 232, P. A. of 1903: With Annotations |
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action agent amended amount annual apply appointed articles of association authorized Bank become by-laws called capital stock carry cent certificate charge charter claim common compel complied condition constitute continue contract copy corporate existence corporation organized court created creditors debts directors dividend dollars Doug duty elect enforced entitled evidence execution exercise existence fixed foreign corporation formed franchise fee further giving held hold holders hundred incorporated increase individual interest issue labor less liable limitation located manner manufacturing meeting Michigan Mining mortgage neglect notice operate paid payment performed person poration powers preferred prescribed president proceedings purchaser received recorded refuse regulating resolution Secretary sell shares showing specified statement statute stockholders subscribed term thereof thirty tion transaction transfer treasurer unless valid vote
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Página 19 - ... file in the office of the secretary of state, and also in the office of the clerk of the county in which the...
Página 33 - ... 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...
Página 32 - 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 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 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 any of the provisions of this act; and in the absence of fraud in the transaction the judgment of the directors...
Página 28 - 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 22 - The stockholders of all corporations and joint stock associations shall be individually liable for all labor performed for such corporation or association.
Página 28 - The People of the State of Michigan enact: SECTION 1. It shall be unlawful for any corporation organized under the laws of any State of the United States, except the State of Michigan, or of any foreign country, to carry on its business in this State...
Página 31 - It shall be unlawful for any person to act as agent for any foreign corporation not authorized to do business in this state or in any manner to aid in the transaction of the business of such unauthorized foreign corporation in this state.
Página 4 - The articles of every such association shall be signed by the persons associating in the first instance, and acknowledged before some person authorized by the laws of this State to take acknowledgments of deeds, and shall state — First.