Digest of the Laws of Virginia, of a Civil Nature and of a Permanent Character and General Operation; Illustrated by Judicial Decision. to Which Are Prefixed the Constitution of the United States, with Notes; And the New Bill of Rights,

Digest of the Laws of Virginia, of a Civil Nature and of a Permanent Character and General Operation; Illustrated by Judicial Decision. to Which Are Prefixed the Constitution of the United States, with Notes; And the New Bill of Rights,

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This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1856 edition. Excerpt: ...The board shall take from all oflicers and trustees of the company bonds with security, payable to the association by its corporate name, in such penalty as they may require. (Acts 1852, ch. 101, 3.) 4. A true copy of such articles as are mentioned in the second section, signed by the oflicers and trustees of the association, together with a statement shewing the time of its organization, and that the persons whose names are appended to the articles are the oflicers and trustees of such association, verified by the oath or aflirmation of the president and secretary, shall be recorded in the court of the county or corporation in which such association shall transact its business; and thereupon, the persons-who have subscribed the articles of association, and such other persons as shall become members thereof, and their successors, shall be a body corporate, by the name specified in such articles, and shall in all respects be bound and governed by such articles of 'association, and any amendments thereto, made in conformity to the same. And such association shall be capable in law of purchasing, holding and conveying any real and personal estate, which may be necessary and suitable for the business and purposes set forth in the articles of association; but such company shall not, at any one time, hold realllestate exceeding in quantity five acres, except such as has been received in satisfaction of debts; and the clear yearly value or income of all real estate owned by such company, (other than that conveyed to its trustees as security for advances or loans, ) shall not exceed one thousand dollars. (Id. 4.) 5. It shall be lawful for the proper oflicers to be designated in sucharticles, to call in' and...show more

Product details

  • Paperback | 266 pages
  • 189 x 246 x 14mm | 481g
  • Rarebooksclub.com
  • United States
  • English
  • black & white illustrations
  • 1236897595
  • 9781236897596