52

CORPORATIONS. [ART. 26.

Certificate of
incorporation.

known, and a certificate shall be made out and signed
by the president of said meeting, showing the com-
pliance by said corporation, and by the said meeting
of stockholders, with the requirements of this article

What to con-
tain.

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 provisions 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 the corporation will be
located, the amount of the capital stock of the corpora-
tion, the number of shares, and the amount of each
share, and the number of trustees, directors, or mana-
gers who shall manage the concerns of the corporation
for the first year.

Certificate to be
under oath.

76. The said certificate shall be signed and sworn to
or affirmed by the chairman of the said meeting, and
shall be also signed by the president of the said corpo-
ration, and attested by its seal, and shall be thereupon

To be inspect-
ed, certified to,
and recorded

submitted to judicial inspection, as required by the
thirty-eighth section of this article, -and shall be certi-
fied and recorded as required by the thirty-ninth sec-
tion of this article; and thereupon the said corporation

Corporation
completed

shall be a body corporate, in fact and in law, under
the name set forth in the said certificate, and shall be
subject to all the provisions and entitled to all the

Powers and
privileges.

powers and privileges conferred by this article, so far
as the same are applicable to the said corporation, and
the former charter of said corporation' shall be deemed

Property and
debts of former
corporation.

to be thereupon surrendered, and all the property and
assets belonging to the said former corporation, of what-
soever nature and description, and all the debts and

Liability of new
corporation

liabilities of the said former corporation, of whatsoever
nature and description, shall, upon such recording as
aforesaid, be devolved upon the said new corporation,