Laws Relating to Religious Corporations; Being a Collection of the General Statues of the Several States and Territorities for the Incorporation and Management of Churches, Religious Societies, Presbyteries, Synods, Etc.
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. 1896 edition. Excerpt: ...this sectipn; and provided further, That the said damages may be recovered in an action brought in any court of this State of competent jurisdiction, by any party or parties suffering the same. Art. II. By-laws, Directors, Elections And Meetings. 23. By-laws, how adopted.--430. Every corporation formed under this title must, within one month after filing articles of incorporation, adopt a code of by-laws for its government, not inconsistent with the constitution and laws of this State. The assent of the stockholders representing a majority of all the subscribed capital stock, or a majority of the members, if there be no capital stock, is necessary to adopt by-laws if they are adopted at a meeting called for that purpose; and in the event of such meeting being called, two weeks' notice of the same by advertisement in some newspaper published in the county in which the principal place of business of the corporation is located, or if none is published therein, then in a paper published in an adjoining county, must be given by order of the acting president. The written assent of the holders of twothirds of the stock, or of two-thirds of the members, if there be no capital stock, shall be effectual to adopt a code of bylaws without a meeting for that purpose. 24. Directors, election of.--431. The directors must be elected annually by the stockholders or members, and if no provision is made by the by-laws for the time of election, the election must be held on the first Tuesday in June. Notice of such election must be given, and the right to vote determined as prescribed in 430. 25. By-laws, contents.--432. A'corporation may, by its by-laws, where no other provision is specially made, provide for: 1. The time, place, and manner of calling and...
- Paperback | 224 pages
- 189 x 246 x 12mm | 408g
- 26 Jun 2012
- Miami Fl, United States
- Illustrations, black and white