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Revised Code of the Public General Laws, 1879
Volume 388, Page 327   View pdf image (33K)
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ART. 40.] FORMATION, POWERS, AND REGULATION OF CORPORATIONS. 327

incorporated under this aiticle; provided, the directors, managers,
or trustees thereof, give notice to the stockholders thereof, required
by the seventy-first section of this article, containing the particulars

Proviso
Notice.

therein set forth in the manner therein provided; and, provided, that
at the meeting called in pursuance of such notice, or at any adjourned
meeting, there be present stockholders representing, in person or
by proxy, not less than two-thirds of all the shares of the stock of
the said corporation, and the meeting be organized in the manner
prescribed in the seventy-second section of this article

Proviso

7 7. The notice for the assembling of a meeting of the stock-
holders of any corporation, formed under the general laws of this
State, or under any special act, for any purpose for which a corpora-
tion may be formed under this article, which is required to be given
by section seventy-sixth of this article, in case where it is proposed
that such corporation shall be incorporated under this article, shall
be deemed and taken to have been and to be a corporate act, and
a sufficient compliance with all the requirements of said seventy-
sixth section, relating to said notice, in all cases where the said no-
tice has been or may be signed by the persons who were or may be
directors, managers, or trustees of such corporation, at the time of

1878, c 79
What sufficient
notice.

signing such notice, or by a majority of them; provided, the said
notice contained or shall contain the particulars directed by said
seventy-sixth section to be specified in said notice, and shall have
been or shall be published and communicated to the stockholders of
the said corporation in the manner directed by the said seventy-sixth
section.

What to con-
tain

78. If at such meeting, or any adjourned meeting of said stock-
holders, a sufficient number of votes as aforesaid shall be given in
favor of causing said corporation to be incorporated under this
article, then the said meeting, or any adjourned meeting, represent-
ing, as aforesaid, 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 divided, and the rule of the apportionment
thereof, and the persons who shall be entitled to hold the same, and

1868, c 47, 9 75
To determine
the number of
shares or capi-
tal stuck.

also the name by which said new corporation shall be known, and a
certificate shall be made out and signed by the president of said
meeting, 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 new
corporation
Certificate of
incorporation.

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 cor-
poration 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 corporation, the

What to con-
tain



 

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Revised Code of the Public General Laws, 1879
Volume 388, Page 327   View pdf image (33K)
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