160 CORPORATIONS. [ART. 26.

59. Every such executor, administrator, guardian or trustee,
shall represent the share or shares of stock in his hands, and
may vote accordingly as a stockholder; and any person who
shall pledge his stock as aforesaid, may nevertheless represent
the same at all such meetings, and may vote accordingly as
stockholder.

60. Any company formed under the fortieth section of this
article, may increase or diminish its capital stock by complying
with the provisions of the following sections, to any amount that
may be deemed sufficient and proper for the purposes of the cor-
poratlon ; and may also extend its business to any other manu-
facturing business, subject to the provisions and liabilities herein-
before prescribed with reference to such corporation.

61. Before any corporation shall be entitled to diminish the
amount of its capital stock under the provisions of the last pre-
ceding section, if the amount of its debts or liabilities yjhall
exceed the amount of capital to which it is proposed to be re-
duced, such amount of debts and liabilities shall be satisfied and
reduced, so as not to exceed such diminished amount of capital.

62. Any existing company heretofore formed under the general
law, or any special act, may come under and avail itself of the
provisions of this article applicable to such company, by com-
plying with the provisions contained in the following sections,
and thereupon such company, its officers and stockholders, shall
be subject to all the restrictions, duties and liabilities herein con-
tained.

63. Whenever any company shall desire to call a meeting of
the stockholders for the purpose mentioned in the last preceding
section, or for increasing or diminishing the amount of its capital
stock, or for extending or changing its business, the directors,
trustees or managers shall publish a notice, signed by at least a
majority of them, in a newspaper in the county or counties, or
city, if any shall be published therein, at least four successive
weeks, and shall send or deposit a written or printed copy thereof
in the post office, addressed to each stockholder at his usual place
of residence, at least three weeks previous to the day fixed for
holding such meeting.

64. The said notice shall specify the object of the meeting, the
time and place where such meeting shall be held, and the amount