Public Statutes Relating to Manufacturing and Other Corporations, Organized Under General Laws, Whose Organizations Must be Examined by the Commissioner of Corporations: Prepared Under the Direction of the Commissioner of Corporations
Rand, Avery, 1882 - Corporations - 49 pages
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Allen amount application approval assessed association authorized by-laws called capital stock carrying cate cause certificate chapter clerk commissioner of corporations common commonwealth complied copy corporation corporation organized court creditors damages debts directors dollars duties effect eighteen hundred entitled established evidence examine exceeding execution existing filed five fixed franchise funds give Gray held hold hundred hundred dollars increase indorsement inserted interest issued judgment land least less liable limited loan majority manner manufacturing Mass meeting ment necessary notice officers organized otherwise paid payment persons poration powers preceding section president provisions purchase purpose reasonable receive recorded recovered secretary SECT shares signed sold statutes stockholders subscribers suit sworn thereof thereto thirty days thousand tion town transfer treasurer twenty-one unless vote writing
Page 19 - ... with the powers, rights and privileges, and subject to the limitations, duties and restrictions which by law appertain thereto. Witness...
Page 39 - Corporation organized for any purpose mentioned in section two may, for the purpose of assisting the widows, orphans or other relatives of deceased members, or any persons dependent upon deceased members, provide in its by-laws for the payment by each member of a fixed sum, to be held by such association until the death of a member occurs, and then to be forthwith paid to the person or persons entitled thereto...
Page 19 - Massachusetts, do hereby certify that said [the names of the subscribers to the agreement of association], their associates and successors, are legally organized and established as, and are hereby made, an existing corporation under the name of [name of the corporation] , with the powers, rights and privileges, and subject to the limitations, duties and restrictions, which by law appertain thereto.
Page 47 - Any such corporation may purchase in any sale, public or private, any real estate upon which it may have a mortgage, judgment, lien, or other incumbrance, or in which it may have an interest; and may sell, convey, lease, or mortgage, at pleasure, the real estate so purchased to any person or persons whatsoever. All real estate so acquired shall be sold within five years from the acquisition of the title thereto.
Page 41 - ... and have complied with the provisions of the statutes of this commonwealth in such case made and provided, as appears from the certificate of the president, treasurer and...
Page 10 - ... corporation may dwell, and also by causing an advertisement of the sale, expressing the name of the creditor, the amount of the execution, and the time and place of sale, to be inserted three weeks successively in some newspaper published in any county in which either of the aforesaid officers may dwell, if any such there be, and if no newspaper be published in any such county, then in a paper published in an adjoining county.
Page 11 - ... shall agree to take such franchise for the shortest period of time, and to receive during that time all such toll as the said corporation would by law be entitled to demand, shall be considered as the highest bidder.
Page 22 - ... made, signed and sworn to by its president, treasurer, and a majority of its directors...
Page 17 - ... and of cooperative trade, seven or more persons may associate themselves, with a capital of not less than one thousand nor more than one hundred thousand dollars.
Page 42 - co-operative saving fund and loan association " shall form a part of the name. SECT. 4. The provisions of sections eighteen, twenty, and twenty-one of chapter one hundred and six shall apply to such corporations, except that, in the certificate signed by the secretary of the commonwealth, the limit of capital to be accumulated as fixed in the agreement of association shall be inserted, instead of the amount of...