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Election- For directors, when classification may be made as to term of office,
section 17, page 19.
when confined to one class of stock, section 17, page 19.
president, by directors or stockholders annually, section 17, page 19.
proceedings when not held on day designated, section 46, page 30,
and section 224, page 103.
secretary and treasurer by directors or stockholders annually, sec-
tion 18, page 20.
stock how to be voted, section 38, page 27.
not to be voted if directly or indirectly owned by company,
section 43, page 29.
stockholders, list of, to be produced at elections, section 41, page 28.
may vote in person, or by proxy, good for three years,
section 38, page 27.
non-resident, those representing trusts, or those who
have their stock pledged, entitled to vote, sections
39 and 40, page 28.
Transfer books to be produced at, section 45, page 29.
Electric light— Companies organized for this purpose, the use of highways and
streets, and laying wires, sections 174 to 176, pages 84 to 85.
Employees — Wages of, to be first lien on property of insolvent corporations, sec-
tion 63, page 37; section 80, page 44, and section 223, page 103.
Engineers — Appointment and compensation of, to supervise constructions of dams,
section 108, page 55.
Evidence — Banking companies, facts deemed evidence of insolvency, section 71,
Certificate of incorporation or certified copy to be received as, section
12, page 18.
Execution-- Penalty for refusing to give information to officers having writs of, sec-
tion 68, page 38.
Remedy against corporation must be exhausted prior to selling prop-
erty of directors or stockholders, section 96, page 50.
Satisfaction may be made to writs of, by attaching debts or obligations
due to the company, section 96, page 50.
Executors-- Entitled to represent the stock held by them, section 39, page 28.
Fairs — Agricultural associations to maintain and operate property, receive admis-
sion fees, section 209, page 98.
police jurisdiction granted to, over ground and one-quarter of
a mile therefrom, section 210, page 99.
Fees--State-on filing certificates, sections 163 to 165, page 81, and section 200,
Provided for in construction of dams, section 108, page 55.
Foreign Corporation — For benevolent purposes may hold certain real estate, sec-
tion 167, page 82,
Hold and convey real estate in this state, section 99, page
52, and section 158, page 79.
Hold stock and bonds as individual owners, section 249,
List of directors to be filed with secretary of state, section 49,
Process and how served against, section 88, page 48, and
section 151 and 152, page 76.
Sale of land prohibited after order for publication, section
91, page 49.
Subject to act of April 7, 1875, as far as applicable, section
103, page 54.
Foundry and Machine Companies — Residence of directors, section 230, page 105.
Franchise- Contracts for lease, merger or sale of, must be filed with secretary of
state, section 100, page 52.
Injunction against, exercise of, section 70, page 39.
Insolvent railroad, canal or turnpike may be sold by receiver, section
85, page 46, and section 222, page 102.
Irrepealable features, in connection with, not to be continued in exten-
sion of, section 123, page 65; section 124, page 66, and section 207,
Mortgage of, section 1, page 11, and section 136, page 71.
Works and franchise of railroads and canal companies not to be
interfered with in construction of dams or water power works, sec-
tion 119, page 64.
General--- Powers of act of 1875 granted to all corporations organized under any
general laws, section 9, page 15.
Powers of act of 1875 granted to all corporations organized under any
special law, section 8, page 14.
Powers of act of 1875 granted to all corporations organized under any
law of the state, section 14, page 18.
Powers of act of 1875 granted to all corporations organized without
specification, section 2, page 12.
Preferred and general stock, when and how may be issued, section 25,
page 21, and section 27, page 22.
Guarantee- Companies authorized to—wholesale dealers against loss arising from
bad debts, section 196, page 94.
Must be on average loss on business for the year, not on single trans-
actions, section 198, page 95.
Stock-when minimum dividends may be guaranteed on, section 161,
Guardians-- To represent stock held by them, section 39, page 28.
Illegal Acts- How absent or dissenting directors may avoid penalty for, section 7,
Impaired Capital Banking company to reduce par value and issue additional
shares of stock, section 147, page 74.
Increase of Stock — (See title Stock )
Information- When requested by public officers in possession of writs to be fur-
nished, section 66, page 37, and section 67, page 38.
Insolvency- Banking companies---facts that are deemed evidence of, section 71,
Creditors may apply for appointment of receiver, section 70, page 39.
Directors to call meeting of stockholders and exhibit affairs, section
69, page 38.
Forfeiture of charter, section 83, page 45, and section 133, page 69.
Injunction may be granted by chancellor, section 70, page 39.
Limitation provision for sale of franchise not to apply to banks, sec-
tion 85, page 46.
of act not to apply to any corporation not
formed for the purposes of gain, section 86,
not to in pair any right or remedy already
existing against any corporation, section 86,
Receivers-appointment, discharge, removal and powers of, section
72, page 40; section 79, page 44; section 193, page 92 ;
section 222, page 102; section 223, page 103, and sec-
tion 228, page 105.
assets, how distribution to be made, section 80, page 44.
claims before receiver may be tried by jury, section 78,
claims to sue for and settle, etc., section 77, page 42.
decision of, may be appealed from, section 82, page 45.
leases of railroads must be upon rental with good security,
section 228, page 105.
majority of, may act, section 79, page 44.
name of, to be substituted in suits pending, section 81,
oath of, section 73, page 41.
operate railroad property, section 223, page 103.
power to search for property, section 74, page 41, and sec-
tion 75, page 42.
report semi-annually and file inventory, section 76, page 42.
sell franchise and property, sections 84 and 85, page 46,
and section 222, page 102.
Insolvency—- Sale of property, after order for publication, prohibited, section 91,
Stockholders may apply for appointment of receiver, section 70, page
Upon re-organizing, with consent of chancellor, corporations may
mortgage franchise and property, section 136, page 71.
Wages of employees and workmen to be first lien on assets, section
63, page 37; section 80, page 45, and section 223, page 103.
Insurance--Commissioner of, to approve security to be deposited by companies,
formed to guaranty against loss arising from bad debts, section 197,
Companies, not to be organized under the act of April 7, 1875, section
10, page 15.
Intention — To maintain office, and transact business outside the state, must be
stated in certificate of incorporation, section 15, page 18.
Inventory Of property of insolvent corporations to be filed by receiver, section
76, page 42
Irrepealable contracts— Not to be extended, in extension of charter, section 123,
page 65; section 124, page 66, and section 207, page 98.
Issue--Of general and preferred stock, section 25, page 21.
Jurisdiction--Agricultural fair associations given police, section 209, page 98.
Chancellor in all questions of insolvency, section 61, page 36.
Land — Acquirement of—for the construction of dams, section 110, page 56, and
section 111, page 57.
Companies, that require condemnation of land, except for dams, not to be
organized under act of April 7, 1875, section 10, page 15.
organized under act of April 7, 1875, may operate railroads as
lessee, when constructed, and further condemnation of land
is not required, section 211, page 100.
sea side improvement, when they may subscribe to stock for
construction of railroad, section 177, page 85.
title-examination and guaranty of, section 10, page 15.
Improvement of, constructing hotels, etc., companies may consolidate, sec-
tion 10, page 15, and sections 250 to 254, pages 119 to
may hold stock in similar corporations, section 255, page
Leases — Of railroad made by receiver, must be upon rental with adequate security,
section 228, page 105.
Legislature--May alter, suspend, or repeal charters, section 6, page 12.
amend act of April 7, 1875, section 35, page 26.
application to, for, or to amend, act of incorporation, how made,
section 97, page 51.
dissolve corporations created under act of April 7, 1875, section
13, page 18.
Liability — Imposed on directors and officers, suits for, sections 93 and 94, page 50.
for illegal declaration of dividends, section 7, page
for outstanding debts, in certain cases, section 53,
page 33, and section 54, page 34.
officers, failure to make return of increase of stock, section
32, page 24.
officers, failure to make return of reduction of stock, section
33, page 24.
officers, failure to make return or signing false statements,
section 56, page 34.
stockholders, for full amount for stock refunded, section 53,
stockholders, for full amount for stock subscribed, section 5,
stockholders, for full amount for stock withdrawn, section
52, page 33, and section 135, page 70.
Lien- Priority of claims of employees, section 63, page 37, and section 80, page 44.
expenses of operating railroad companies by receiver, section
223, page 103.
Limitation — Of acts of the legislature—April 7, 1875, insolvent proceedings not to
apply to banking companies or corpora-
tions, not formed for purposes of gain,
section 86, page 47.
taxation clause in act of April 7, 1875, not
applicable to certain corporations, section
105, page 54.
May 9, 1889, to apply to companies in pos-