Corporate Organization and ManagementRonald Press Company, 1917 - 778 pages |
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Common terms and phrases
action agent agreement amendment amount annual meeting appointed assets authorized board of directors bonds by-law provision capital stock cent charter or by-laws charter provisions common law common stock contract Cook on Corp corporate form corporation laws courts creditors cumulative voting designated desired dividends duly duties election of directors enterprise existence fees filing foreign corporation formal franchise tax frequently held holders imposed incor incorporation inheritance tax interest issued stock Jersey larger corporations liability Machen on Corp matter minutes N. J. Eq necessary notice officers paid par value participate parties partnership payment person poration preferred stock prescribed president profits proper purchaser purposes quorum regulation secretary secured special charter special meetings specified standing committees statutes statutory stock books stock certificate stockholders subscribers subscription taxation tion transacted treasurer treasury stock trustees ultra vires unless usually vote watered stock Woods Motor Vehicle York
Popular passages
Page 538 - The private property of the stockholders shall not be subject to the payment of corporate debts to any extent whatever.
Page 474 - In all elections for directors or managers of a corporation, each member or shareholder may cast the whole number of his votes for one candidate, or distribute them upon two or more candidates, as he may prefer.
Page 542 - In the event of any liquidation or dissolution or winding up (whether voluntary or involuntary) of the corporation, the holders of the preferred stock shall be entitled to be paid in full both the par amount of their shares and the unpaid dividends accrued thereon before any amount shall be paid to the holders of the common stock...
Page 539 - Latter, all the parties to the foregoing certificate of incorporation, known to me personally to be such, and severally acknowledged the said certificate to be the act and deed of the signers, respectively, and that the facts therein stated are truly set forth.
Page 717 - ... instrument; that he knows the seal of said corporation; that the seal affixed to said instrument is such corporate seal ; that it was so affixed by order of the board of directors of said corporation, and that he signed his name thereto by like order.
Page 543 - ... may elect a successor to hold office for the unexpired portion of the term of the director whose place shall be vacant, and until the election of a successor.
Page 481 - Term and therefore concludes us. /When a corporation has a surplus, whether a dividend shall be /made, and if made, how much it shall be, and when and where | it shall be payable, rest in the fair and honest discretion of the \ directors uncontrollable by the courts.
Page 543 - The board of directors may appoint one or more vice-presidents, one or more assistant treasurers, and one or more assistant secretaries; and, to the extent provided in the by-laws, the persons so appointed respectively shall have and may exercise all the powers of the president, of the treasurer, and of the secretary, respectively.
Page 600 - Company, a corporation duly organized under the laws of the State of New York, and having its principal office in the City of Yonkers, in the State of New York...