|
|
|
|
|
|
|
Art.
|
Sec.
|
|
|
Corporations — Cont'd:
|
|
|
|
|
Statement :
|
|
|
|
|
Annual — of president to stock-
|
|
|
|
|
holders ....................
|
23
|
91
|
|
|
Stockholders entitled to .........
|
23
|
89
|
|
|
Statutes and amendments relating
|
|
|
|
|
thereto applicable to corpora-
|
|
|
|
|
tions; effect of ............
|
23
|
135
|
|
|
Stock: (See Capital Stock .and
|
|
|
|
|
Transfers, etc., hereunder.)
|
|
|
|
|
Acquisition of corporation's own
|
|
|
|
|
stock ......................
|
23
|
54
|
|
|
Aliens .........................
|
23
|
41
|
|
|
Books — When may be closed
|
|
|
|
|
against transfer of ..........
|
23
|
14
|
|
|
Certificates — Form of; signatures,
|
|
|
|
|
etc. .......................
|
23
|
40
|
|
|
Classes of ......................
|
23
|
42, 43
|
|
|
Convertible securities ..........
|
23
|
45-49
|
|
|
Convertible stock ..............
|
23
|
44
|
|
|
Corporation cannot vote own
|
|
|
|
|
stock ; exceptions ..........
|
23
|
21
|
|
|
May acquire own stock........
|
23
|
54
|
|
|
Dividends .................
|
23
|
43
|
|
|
Holding own stock............
|
23
|
54
|
|
|
Increase of ...................
|
23
|
43
|
|
|
Issued for services, property, etc.
|
23
|
45-49
|
|
|
Lost ..........................
|
23
|
83,84
|
|
|
Minors — Transfer, of stock of .....
|
23
|
78
|
|
|
Option to subscribe to ..........
|
23
|
45
|
|
|
Preferred stock ................
|
23
|
43
|
|
|
Purchase of own .stock; retire-
|
|
|
|
|
ment ......................
|
23
|
54
|
|
|
Redemption of .................
|
23
|
43
|
|
|
Reduction of ..................
|
23
|
43
|
|
|
Retirement of .................
|
23
|
54
|
|
|
Seals on certificates ............
|
23
|
40
|
|
|
Shares without par value ........
|
23
|
43,49
|
|
|
Signatures on certificate ........
|
23
|
40
|
|
|
Stock ledgers — Open for inspec-
|
|
|
|
|
tion .......................
|
23
|
90,91
|
|
|
Surplus — Capitalization of .'.....
|
23
|
43
|
|
|
Transfer of stock of minors; by
|
|
|
|
|
trustees, etc. ..............
|
23
|
78
|
|
|
Uniform Stock Transfer Act ....
|
23
|
55, 59, 78
|
|
|
Voting powers of ...............
|
23
|
22
|
|
|
Without par value ..............
|
23
|
43,49
|
|
|
How number of shares and
|
|
|
|
|
amount of stock increased
|
|
|
|
|
and decreased .............
|
23
|
43
|
|
|
How stock issued for money,
|
|
|
|
|
services and property........
|
23
|
43
|
|
|
Stock dividend — what constitutes...
|
23
|
50
|
|
|
Stockholders :
|
|
|
|
|
(See Corporations — Dissolution.)
|
|
|
|
|
Books — may be inspected by ....
|
23
|
90
|
|
|
By-laws, to make, alter or repeal
|
23
|
14
|
|
|
Calls for subscriptions — notice .....
|
23
|
79
|
|
|
Consolidation— dissenting ......
|
23
|
37
|
|
|
Directors, election of by .........
|
23
|
9
|
|
|
Dissenting to consolidation; pay-
|
|
|
|
|
ment for shares of ..........
|
23
|
37
|
|
|
Dissenting to lease of railroad,
|
|
|
|
|
etc.; rights of ...............
|
23
|
221
|
|
|
Inspection of books by............
|
23
|
90
|
|
|
Liability of:
|
|
|
|
|
Assets of corporation: proceed-
|
|
|
|
|
ings to enforce..............
|
23
|
146
|
|
|
Creditor's bill to enforce .....:
|
23
|
147
|
|
|
Extent of ...................
|
23
|
51
|
|
|
In fiduciary capacity ..........
|
23
|
81
|
|
|
Not changed by dissolution ....
|
23
|
102
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Art.
|
Sec.
|
|
|
Corporations — Cont'd :
|
|
|
|
|
Stockholders — Cont'd:
|
|
|
|
|
Liability of — Cont'd:
|
|
|
|
|
Not liable individually ; proviso
|
23
|
81
|
|
|
On stocks of safe deposit and
|
|
|
|
|
loan companies .............
|
23
|
146
|
|
|
To creditors; insolvency........
|
23
|
82
|
|
|
Meetings :
|
|
|
|
|
How called ;.................
|
23
|
19
|
|
|
Quorum .......................
|
23
|
14,20
|
|
|
To authorize consolidation ....
|
23
|
33
|
|
|
Voting at; proxies.............
|
23
|
20-22
|
|
|
Waiver of notice of ...........
|
23
|
27
|
|
|
Where held ..................
|
23
|
20
|
|
|
Notice of dissolution ...........
|
23
|
101
|
|
|
Qualifications for voting..........
|
23
|
22
|
|
|
Ratification of agreement of con-
|
|
|
|
|
solidation by ...............
|
23
|
33
|
|
|
Removal of officers or directors
|
|
|
|
|
by ..........................
|
23
|
19
|
|
|
Right to inspect books...........
|
23
|
90,91
|
|
|
Sale, lease, etc., of corporate as-
|
|
|
|
|
sets;, ratification by; dissent-
|
|
|
|
|
ing ........................
|
23
|
38
|
|
|
Sale of stock on default in pay-
|
|
|
|
|
ment of subscriptions to rail-
|
|
|
|
|
road stock ; non-resident
|
|
|
|
|
stockholder; advertisement
|
|
|
|
|
against .....................
|
23
|
203
|
|
|
Statement of financial condition;
|
|
|
|
|
when demandable by ........
|
23
|
89
|
|
|
When accessible to stockholders
|
23
|
89
|
|
|
When stockholder entitled .....
|
23
|
90
|
|
|
Vote for directors ...............
|
23
|
9,22
|
|
|
Voting powers .................
|
23
|
22, 131
|
|
|
Voting provisions of Charters and
|
|
|
|
|
by-laws legal and binding,
|
|
|
|
|
when ......................
|
23
|
4
|
|
|
When notice of meetings not re-
|
|
|
|
|
quired .....................
|
23
|
27
|
|
|
Who included in term ...........
|
23
|
1
|
|
|
Subscriptions:
|
|
|
|
|
Calls for; requisite notice to
|
|
|
|
|
stockholders ...............
|
23
|
79
|
|
|
Failure of stockholder to pay;
|
|
|
|
|
collection; notice; sale of
|
|
|
|
|
stock ......................
|
23
|
80
|
|
|
When stock forfeited to corpora-
|
|
|
|
|
tion .......................
|
23
|
80
|
|
|
Suits against corporate sureties.......
|
23
|
109
|
|
|
Summons against returned non est.
|
|
|
|
|
(See Equity — Non-Resi-
|
|
|
|
|
dents.)
|
|
|
|
|
Surety Companies: (See Safe De-
|
|
|
|
|
posit, etc., Companies, here-
|
|
|
|
|
under.) ....
|
|
|
|
|
Suits against; process ...........
|
75
|
27
|
|
|
Surety of trustee to sell; penalty.
|
16
|
254
|
|
|
Surety on receivers' bond ; penalty
|
16
|
254
|
|
|
Where sued ....................
|
23
|
109
|
|
|
Taxes:
|
|
|
|
|
(See Taxes.).
|
|
|
|
|
Telegraph and Telephone Compa-
|
|
|
|
|
nies:
|
|
|
|
|
(See Public Service Commission.)
|
|
|
|
|
Disclosure of contents of, or fail-
|
|
|
|
|
ure to transmit messages;
|
|
|
|
|
penalty ....................
|
23
|
303
|
|
|
Lines may be laid underground
|
|
|
|
|
or partly above and below
|
|
|
|
|
ground, and may condemn
|
|
|
|
|
land .......................
|
23
|
335
|
|
|
|
|
|
|