The Home Library of Law; The Pledging of Personal Property, and Corporation Volume 5

The Home Library of Law; The Pledging of Personal Property, and Corporation Volume 5

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This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1905 edition. Excerpt: every act. There is an implied condition, therefore, in forming a corporation that the majority of members present at a shareholders' meeting shall have authority to bind the whole association by their vote. The powers of the majority are increased by charter or statute. Says Judge Lindsay: each and every shareholder contracts that the will of the majority shall govern in all matters coming within the limit of the corporation. 2. Kinds And Authority Of Corporations 1. Kinds of corporations. 2. Corporation sole. a.--Described. b.--Why an individual thus styles himself. c.--An individual may become sole owner. d.--He may be liable as a corporation for its debts. 3. Corporations aggregate, and how they are classified. 4. Foreign corporations. 5. Ways of creating corporations; how a legislative charter is obtained. 6. Creation of a corporation by complying with the requirements of a general law. 7. Duration of a corporation. 8. It lives through successors and not heirs. 9. Authority of a corporation is granted and continued by the state. 10. Its use of a seal. 11. Authority or privilege conferred on it is called a franchise. 12. Every corporation must have a name. 13. Corporation can sue and be sued. 14. Corporation can hold real estate. 15. Annual meeting. 16. Hour and place of meeting. 17. Power of majority. 18. Ratification of action of majority by all. 19. Meeting must be called in proper manner. 20. Remedy when officers refuse to call it. 21. Distinction between mode of calling regular and special meetings. 32. Adjournment of authorised meeting. 23. Members may adopt by-laws. 24. What by-laws can be adopted. 25. Every by-law must be reasonable. 26. Banking by-laws. 27. By-laws relating to savings-bank deposits. 28. Railroad more

Product details

  • Paperback | 46 pages
  • 189 x 246 x 3mm | 100g
  • Miami Fl, United States
  • English
  • black & white illustrations
  • 1236653211
  • 9781236653215