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 Forms

New Jersey

F.D. Linn & Company, 1892 - 160 lappuses

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The Act Concerning Corporations page	1

Powers of corporation in general To have succession to sue c	2

No others vest except expressly given 4 Banking powers never implied	3

Stockholders liable ratably to the amount of unpaid subscriptions for payment of debts	5

All charters subject to legislative control	6

Dividends not to be made except from profits or directors to be liable unless they dissent	7

Incorporation by legislative act invests company with all powers	8

And so also in cases of incorporation under general laws	9

Appeal to chancellor Power of the court	82

Corporations not to transact business when receivers are appointed	83

Land may be sold	84

Franchises may be sold	86

Process what and how served	87

Process against foreign corporations	88

When returned served or summoned defendant in court	89

Proceeding when summons returned not served or not summoned	90

FORMATION CONSTITUTION ALTERATION DISSOLUTION 10 Purposes for which corporations may be formed Certificate to be filed Formatio...	10

Certificate of incorporation and what it shall set forth	11

Certificate and certified copy evidence	12

Upon making and recording certificate persons associating incorporated	13

All companies to have powers and be subject to liabilities in this act provided	14

Company may carry on a part of business out of state and hold real estate out of state	15

Directors and officers	16

Election of directors and president 18 Secretary and treasurer	18

Other officers to be elected and hold according to bylaws	19

Vacancies filled according to bylaws	20

Proxies allowed Bylaws to regulate elections	21

First meetings how called	22

Certificates of stock	23

Stock may be increased and	24

Power to issue general and preferred stock	25

Transfer of stock	26

Assessments on stock	27

Stock may be sold for nonpayment of assessments	28

Proceedings for sale of shares	29

Certificate of amount of capital stock paid	30

Certificate of increase of stock	31

Penalties for not making certificates	32

Company may reduce stock and change nature of business	33

How companies may be dissolved	34

This act alterable Effect of legislative action	35

Stock books to be open for thirty days previous to election and alpha betical list of stockholders to be made	36

Elections to be by ballot	37

Each share to have a vote Proxy allowed	38

Persons holding stock as executors c may vote	39

Nonresident stockholders may vote	40

List of stockholders to be produced at election	41

Candidate for director not to act as officer of election or his election void	42

Companies not to vote on their own stock	43

Supreme Court to proceed summarily to review proceedings at elections	44

Bylaws as to elections not valid unless made thirty days previous to any election transfer books to be evidence of right to vote	45

On the failure to hold election new one shall be had on notice failure to elect not to work dissolution of corporation	46

Persons to be elected directors shall be stockholders	47

Directors ceasing to be stockholders shall cease to be directors	48

List of directors c to be filed with secretary of state who shall issue certificate to that effect	49

Stockholders meeting to be held in this state companies may have office outside but must keep stock and transfer books in office within this state cou...	50

Calling of meetings by stockholders	51

Declaration of dividends by manufacturing corporations	52

Liability for refunded capital before debts are paid	53

Payment of capital to be in money and no loans to stockholders	54

Stock may be issued for property purchased	55

False representation by company and penalty	56

On dissolution of company directors to be trustees	57

Powers and liabilities of such trustees	58

Continuance of corporate existence for settling business	59

Appointment of receiver to wind up company	60

Jurisdiction of chancellor	61

Duties of receivers	62

Lien of workmen in case of insolvency	63

On dissolution property to vest in stockholders	64

Suits not to abate on dissolution	65

On execution against corporation schedule of property to be shown sheriff	66

Execution on debts due the company	67

Penalty for refusing to answer	68

Duty of directors in case of insolvency Exhibit to be made	69

Remedy in chancery by bill	71

Receiver to make inventory and report	76

Further powers of receivers	77

Trial by jury allowed at the circuit	78

Receivers majority may act May be removed	79

Distribution how made	80

Suits pending may be continued	81

Corporations not to alien lands during suit if order for publication made	91

Suit to go on in case corporation dissolved	92

Action for liability imposed by this	93

Remedy against by bill in chancery	94

Stockholders who pay companys debts may recover of company	95

Execution against stockholders and directors to stay till remedy exhausted against company	96

Companies formed under Manufacturing Company act of 1846 may come under this	98

Foreign corporations authorized to hold and convey real estate in this state	99

Contracts for sale letting c franchises c shall be acknowledged and proved and recorded in the office of the secretary of state	100

Repeal of Manufacturing Company act of 1846 and supplements	101

Repeal of act of 1849 and supplements	102

Foreign corporations doing business in this state subject to the provisions of the general act concerning corporations	103

Repealer	104

Taxation of property of corporations Proviso	105

Time of holding elections and declaring dividends how changed	106

Formation of water companies	107

Plank road companies Residence of directors	108

Corporate existence may be extended	109

Certificate must be filed	110

But no irrepealable charter	111

Only majority of directors of water company must reside in this state	112

On dissolution list of directors c filed	113

Changing name of corporation 115 Liability not affected by change of name	115

Increase of stock and number of directors	116

Chartered corporation may decrease stock	117

Any company may change par value of shares	118

Any company may increase stock and number of directors	119

Bank impaired may reduce stock	120

Reorganizing company may mortgage property 1	121

Manufacturing companies may come under this	122

Corporation to be taxed on stock and surplus	123

Cooperative companies	124

Removal of principal office	125

Amended certificate of incorporation	126

Rights not impaired thereby	127

Elections held after prescribed	128

Not to apply to literary or religious society	129

Corporations as executors	131

Reorganization of turnpike and bridge companies	133

Service of process on foreign corporations	134

Capital may be increased to pay bonds	135

Extension of corporate existence not to extend exemptions from taxes	136

Foreign corporations may hold land	137

Decrease of capital by company created by special	138

Insolvent company may issue bonds	139

Lost certificates issue of	140

Discharge of companys liability in such case	141

Proceedings to compel new certificate	142

Assessments of mining stock	143

Guarantee of dividends on certain stock	144

Fee to state on filing certificate of organization	145

Fee on filing amended certificate	146

Fee on increasing capital stock	147

Certificates not to be filed until fees paid	148

Suit against receiver not abated by his death	149

Foreign benevolent corporations may hold land	150

Consolidation of certain companies	151

Societies for relief of clergymen	152

Cashiers to give bonds	153

Electric light company may use highway	154

Wires may be laid under ground	155

Wires must not be laid near water or gas pipes	156

Franchise tax on certain companies	157

Annual reports to state assessors	158

Penalty for false statement	159

Amount of franchise taxes 161 Proceedings of state assessors 162 Action may be brought for the tax 163 Injunction against delinquent company 164...	160

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The ACT Concerning Corporations in the State of New Jersey, Approved April 7 ...
New Jersey
Priekšskatījums nav pieejams - 2016

Bieži izmantoti vārdi un frāzes

act concerning corporations act of incorporation act shall take aforesaid amended certificate annual appointed approved April approved March assent association 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 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

Populāri fragmenti

xv. lappuse - 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.

Iekļauts 251 grāmatās, sākot no 1776. līdz 2007.

xv. lappuse - 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.

Iekļauts 350 grāmatās, sākot no 1777. līdz 2007.

88. lappuse - ... in one newspaper published in the county where the principal place of business of any of said corporation is.

Iekļauts 96 grāmatās, sākot no 1776. līdz 1991.

5. lappuse - 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...

Iekļauts 176 grāmatās, sākot no 1776. līdz 2005.

29. lappuse - ... 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.

Iekļauts 148 grāmatās, sākot no 1776. līdz 2007.

147. lappuse - ... 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...

Iekļauts 199 grāmatās, sākot no 1777. līdz 2006.

153. lappuse - 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.

Iekļauts 203 grāmatās, sākot no 1816. līdz 2007.

94. lappuse - ... 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...

Iekļauts 206 grāmatās, sākot no 1776. līdz 2005.

2. lappuse - 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:

Iekļauts 291 grāmatās, sākot no 1777. līdz 2005.

3. lappuse - 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...

Iekļauts 126 grāmatās, sākot no 1829. līdz 2005.

Bibliogrāfiskā informācija

Nosaukums	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 Forms
Autors	New Jersey
Redaktors	William Horace Corbin
Izdevums:	7
Izdevējs	F.D. Linn & Company, 1892
Oriģināls no	Hārvarda universitāte
Digitalizēta	11.12.2007
Apjoms	160 lappuses

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