The Modern Law of General Business Corporations in Michigan: Including Commentaries and Annotated Acts with Forms, the Consolidated Corporation Law, the Partnership Associations, Limited Law, the Foreign Corporation Law,Drake Law Book Company, 1909 - 448 pages |
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Other editions - View all
The Modern Law of General Business Corporations in Michigan: Including ... Burritt Hamilton No preview available - 2017 |
The Modern Law of General Business Corporations in Michigan: Including ... Burritt Hamilton No preview available - 2016 |
The Modern Law of General Business Corporations in Michigan: Including ... Burritt Hamilton No preview available - 2017 |
Common terms and phrases
absence action amendment amount articles of association Ass'n assets Attorney authority board of directors by-laws capital stock certificate charter Circuit Judge Consolidated Corporation Law-Section constitutional contract Cook's Corp corporate existence corporate name Corporation Law-Section Relating court creditors cumulative voting debts Detroit Detroit Driving dissolution dividends dollars Doug enabling act equity estopped estoppel execution exercise fact facto foreign corporation franchises fraud Grand Rapids held holders incorporation Iron issued Justice Kalamazoo legislature liability lien limited managers Marshall's Corp meeting ment Michigan Michigan Trust Co mortgage National Bank natural persons notice Oakland County officer or agent paid parties Partnership Associations payment pledge poration preferred stock purchase purpose quo warranto recorded repeal River Raisin rule Savings Bank seal Secretary Section service of process statement statute statutory stockholders subscribed subscription suit thereof tion transfer trustee ultra vires valid valuation vote
Popular passages
Page 218 - ... file in the office of the secretary of state, and also in the office of the clerk of the county in which the...
Page 345 - ... the seal affixed to said instrument is the corporate seal of said corporation (or association), and that...
Page 296 - The term corporations as used in this article, shall be construed to include all associations and joint stock companies having any of the powers or privileges of corporations not possessed by individuals or partnerships.
Page 266 - ... for as many persons as there are directors or managers to be elected, or to cumulate said shares and give one candidate as many votes as the number of directors multiplied by the number of his shares of stock shall equal, or to distribute them, on the same principle, among as many candidates as he shall think fit; and such directors or managers shall not be elected in any other manner...
Page 258 - Provided always, that no such execution shall issue against any shareholder except upon an order of the Court in which the action, suit, or other proceeding shall have been brought or instituted, made upon motion in open court after sufficient notice in writing to the persons sought to be charged ; and upon such motion such Court may order execution to issue accordingly...
Page 258 - If any execution, either at law or in equity, shall have been issued against the property or effects of the company, and if there cannot be found sufficient whereon to levy such execution, then such execution may be issued against any of the shareholders to the extent of their shares respectively in the capital of the company not then paid up...
Page 149 - All corporations, whether they expire by their own limitation, or are otherwise dissolved, shall nevertheless be continued for the term of three years from such expiration or dissolution bodies corporate for the purpose of prosecuting and defending suits by or against them, and of enabling them gradually to settle and close their...
Page 186 - The Certificate of Incorporation may also contain any provision which the incorporators may choose to insert for the management of the business and for the conduct of the affairs of the corporation, and any provisions creating, defining, limiting and regulating the powers of the corporation, the directors and the stockholders, or any class...
Page 214 - ... in the absence of actual fraud in the transaction, the judgment of the directors as to the value of the property purchased shall be conclusive...
Page 42 - Where a corporation is incompetent by its charter to take a title to real estate, a conveyance to it is not void, but only voidable, and the sovereign alone can object. It is valid until assailed in a direct proceeding instituted for that purpose.