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Proceedings and Acts of the General Assembly, March 30, 1868
Volume 142, Page 3267   View pdf image (33K)
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THOMAS SWANN, ESQUIRE, GOVERNOR. 929

the meeting be organized in the manner prescribed
in the seventy-second section of this Article.

 

Sec. 75. And be it enacted, That if at such meet-
ing or any adjourned meeting of said stockholders,
a sufficient number of votes as aforesaid shall be
given in favor of causing said corporation to be in-
corporated under this article, then the said meeting
or any adjourned meeting, representing, as afore-
said, two-thirds of all the shares of the said stock,
shall determine the number of shares into which
the capital stock of the new company shall be di-
vided, and the rule of the apportionment thereof,
and the person who shall be entitled to hold the

Compelled to
determine.

same, and also the name by which said new corpo-
ration shall be known, and a certificate shall be
made out and signed by the President of said meet-
ing, showing the compliance by said corporation,
and by the said meeting of stockholders, with the
requirements of this article in that behalf, and the
said certificate shall also show the proposed name
of the new corporation, which shall always include
the name of the county or city in which it may be
formed, the former name of said corporation, the
objects or purposes for which the new corporation
is sought, the term of its existence not to exceed
forty years, and the articles, conditions and provi-
sions under which the incorporation is formed, the
place or places of business where the occupations
of the corporations are to be carried on, and the
place in this State in which the principal office of

Name of new
corporation.

the corporation will be located, the amount of the
capital stock of the corporation, the number of
shares, and the amount of each share, and the
number of Trustees, Directors, or Managers who
shall manage the concerns of the corporation for
the first year.

Sec. 76. And be it enacted, That the said cer-
tificate shall be signed and sworn to or affirmed by

Capital stock.

the chairman of the said meeting, and shall be
also, signed by the President of the said corpora-
tion, and attested by its seal, and shall be there-
upon submitted to judicial inspection, as required
by the thirty-eighth Section of this Article, and
shall be certified and recorded as required by the
thirty-ninth Section of this Article ; and thereupon
the said corporation shall be a body corporate, in
59

Certificate.



 

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Proceedings and Acts of the General Assembly, March 30, 1868
Volume 142, Page 3267   View pdf image (33K)
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