ART. 26.] CORPORATIONS.

association, to describe the said joint stock company or
association by the name or title by which it is com-
monly known, or by or under which its business is
transacted.

97

216. All corporations heretofore formed under the
general laws of this state, relating to corporations, or
under any special law, are hereby declared to be enti-
tled to the benefit of and to be subject to all the regu-
lations in this article contained for the government of
the corporation herein referred to, so far as the same
be applicable to said several corporations heretofore
formed as aforesaid; and shall also have the benefit
and be subject to the processes, remedies or proceed-
ings, by this article authorized to be taken by or
against the corporations herein referred to, so far as
the same be applicable to the several corporations here-
tofore formed as aforesaid.

How far thia
article appli-
cable to all
corporations.

CO-OPERATIVE STORES, &c.

217. No railroad or mining company, formed or
organized under any of the provisions of this state, or
which have organized under any existing laws, charter
or act of the general assembly of this state, shall own,
conduct or carry on any store, or have any interest in
any store, or receive any portion of the profits thereof;
nothing herein contained, however, shall prevent the

Stores con-
nected with
railroad or
mining com-
panies.

employees of any corporation from forming co-opera-
tive stores.

Co-operative
stores.

218. Any railroad company incorporated under the.
laws of this state, may own and operate any line of
steamships or steamboats, or may subscribe to or hold
the stock of any company owning and operating such
steamships or steamboats, where such steamships and
steamboats can be used wholly or in part in connection
with the business of said railroad company.

Steamships or
steamboats
connected with
railroad compa-
nies.

219. Every corporation incorporated under the laws
of this state, which has the power to issue bonds as
evidences of indebtedness, and to secure the same by

Preferred
stock