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Unauthorized use of names in prospectus.

§ 559. Every person who, without being authorized so to do, subscribes the name of another to or inserts the name of another in any prospectus, circular, or other advertisement or announcement of any corporation or joint stock association, existing or intended to be formed, with intent to permit the same to be published, and thereby to lead persons to believe that the person whose name is so subscribed is an officer, agent, member, or promoter of such corporation or association, is guilty of a misdemeanor.

Enacted February 14, 1872.

See, also, "Fraudulent Reports," statutes at large, Appendix. Persons engaged in banking must show true name: Civ. C. $ 582.

See, also, Pen. C. § 558.

Misconduct of directors of stock corporations.

§ 560. Every director of any stock corporation who concurs in any vote or act of the directors of such corporation or any of them, by which it is intended, either—

1. To make any dividend, except from the surplus profits arising from the business of the corporation, and in the cases and manner allowed by law; or,

2. To divide, withdraw, or in any manner, except as provided by law, pay to the stockholders, or any of them, any part of the capital stock of the corporation; or,

3. To discount or receive any note or other evidence of debt in payment of any installment actually called in and required to be paid, or with the intent to provide the means of making such payment; or,

4. To receive or discount any note or other evidence of debt, with the intent to enable any stockholder to withdraw any part of the money paid in by him, or his stock; or,

5. To receive from any other stock corporation, in exchange for the shares, notes, bonds, or other evidences of debt of their own corporation, shares of the capital stock of such other corporation, or notes, bonds, or other evidences of debt issued by such other corporation;

-is guilty of a misdemeanor. Enacted February 14, 1872.

72 Cal. 56; 116 Cal. 415.

Dividends to be made from surplus profits: Civ. C. § 309. Bank officer advertising or making statement of capital stock without showing amount paid up: Civ. C. § 583a.

Bank officers making illegal loans or investments: Civ. C. § 581.

Officer of savings bank overdrawing account.

§ 561. Every officer, agent, teller, or clerk of any savings bank, who knowingly overdraws his account with such bank, and thereby wrongfully obtains the money, note, or funds of such bank, is guilty of a misdemeanor.

Enacted February 14, 1872.

Receiving deposits in insolvent banks.

§ 562. Every officer, agent, teller, or clerk of any bank, and every individual banker, or agent, teller, or clerk of any individual banker, who receives any deposits, knowing that such bank, or association, or banker is insolvent, is guilty of a misdemeanor.

Enacted February 14, 1872.

Frauds in keeping accounts in books of corporations.

§ 563. Every director, officer, or agent of any corporation or joint stock association, who knowingly receives or possesses himself of any property of such corporation or association, otherwise than in payment of a just demand, and who, with intent to defraud, omits to make, or to cause or direct to be made, a full and true entry thereof in the books or accounts of such corporation or association, and every director, officer, agent, or member of any corporation or joint stock association who, with intent to defraud, destroys, alters, mutilates, or falsifies any of the books, papers, writings, or securities belonging to such corporation or association, or makes, or concurs in making, any false entries, or omits, or concurs in omitting to make any material entry in any book of accounts, or other record or document kept by such corporation or association, is punishable by imprisonment in the state prison not less than three nor more than ten years, or by imprisonment in a county jail not exceeding one year, and a fine not exceeding five hundred dollars, or by both such fine and imprisonment.

Enacted February 14, 1872.

53 Cal. 615; 103 Cal. 202; VIII Cal. App. Dec. 522. See, also, Pen. C. § 558.

Officer of corporation publishing false reports.

§ 564. Every director, officer, or agent of any corporation or joint stock association, who knowingly concurs in making, publishing, or posting either generally or privately to the stockholders or other persons, any written report, exhibit, or statement of its affairs or pecuniary condition, or book or notice containing any material statement which is false, or any untrue or willfully or fraudulently exaggerated report, prospectus, account, statement of operations, values, business, profits, expenditures, or prospects, or any other paper or document intended to produce or give, or having a tendency to produce or give, the shares of stock in such corporation a greater value or a less apparent or market value than they really possess, or refuses to make any book or post any notice required by law, in the manner required by law, is guilty of a felony.

Amended March 21, 1905; stats. 1905, p. 683.

53 Cal. 648.

NOTE.- 564. The amendment incorporates in the section such provisions of the statute of 1877-8, page 695, as are not already sufficiently expressed therein. The statute, however, is limited to corporations whose stock is listed on the stock board or exchange. The amendment omits this limitation, for the reason that its constitutionality is doubtful.

See, also, Appendix, heading "Fraudulent Reports."

See, also, Pen. C. § 558, and Civ. C. § 316.

Officer must permit inspection of books.

§ 565. Every officer or agent of any corporation, having or keeping an office within this state, who has in his custody or control any book, paper, or document of such corporation, and who refuses to give to a stockholder or member of such corporation, lawfully demanding, during office hours, to inspect or take a copy of the same, or of any part thereof, a reasonable opportunity so to do, is guilty of a misdemeanor.

Enacted February 14, 1872.

Records of corporation: Civ. C. §§ 377, 378, 382, 383.

Contracting debt of railway.

$566. Every officer, agent, or stockholder of any railroad company, who knowingly assents to, or has any agency in contracting any debt by or on behalf of such company, unauthorized by a special law for the purpose, the amount of which debt, with other debts of the company, exceeds its available means for the

payment of its debts, in its possession, under its control, and belonging to it at the time such debt is contracted, including its bona fide and available stock subscriptions, and exclusive of its real estate, is guilty of a misdemeanor.

Enacted February 14, 1872.

See, also, Civ. C. §§ 309, 456, 457.

Same.

§ 567. The last section does not affect the validity of a debt created in violation of its provisions, as against the company. Enacted February 14, 1872.

Directors presumed to know condition of corporation.

§ 568. Every director of a corporation or joint stock association is deemed to possess such a knowledge of the affairs of his corporation as to enable him to determine whether any act, proceeding, or omission of its directors is a violation of this chapter. Enacted February 14, 1872.

Director present at meeting, when presumed to assent.

§ 569. Every director of a corporation or joint stock associa tion, who is present at a meeting of the directors at which any act, proceeding, or omission of such directors, in violation of this chapter, occurs, is deemed to have concurred therein, unless he at the time causes, or in writing requires, his dissent therefrom to be entered in the minutes of the directors.

Enacted February 14, 1872.

See, also, Civ. C. §§ 309, 377.

Director when absent, when presumed to assent.

§ 570. Every director of a corporation or joint stock association, although not present at a meeting of the directors at which any act, proceeding, or omission of such directors, in violation of this chapter, occurs, is deemed to have concurred therein, if the facts constituting such violation appear on the records or minutes of the proceedings of the board of directors, and he remains a director of the same company for six months thereafter, and does not within that time cause, or in writing require, his dissent from such illegality to be entered in the minutes of the directors.

Enacted February 14, 1872.

Foreign, doing business in this state.

§ 571. It is no defense to a prosecution for a violation of the provisions of this chapter, that the corporation was one created by the laws of another state, government, or country, if it was one carrying on business or keeping an office therefor within this state.

Enacted February 14, 1872.

Director defined.

§ 572. The term "director," as used in this chapter, embraces any of the persons having by law the direction or management of the affairs of a corporation, by whatever name such persons are described in its charter or known by law. Enacted February 14, 1872.

TITLE XV.

Miscellaneous Crimes.

CHAPTER I.

VIOLATION OF THE LAWS FOR THE PRESERVATION OF FISH AND GAME.

SEC. 627a. Unlawful carrying of deer and other game.

6276. Limit as to shipment of certain game.

629. Screen over canal, ditch, mill race, etc.

631a. Penalty for violation.

637. Fishways. Fish commissioners to examine dams.
637d. Transportation of nongame birds.

637e. Certificates giving right to take birds.

Unlawful carrying of deer and other game.

§ 627a. Every railroad company, express company, transportation company, or other common carrier, its officers, agents, and servants, and every other person who transports, carries or takes out of this state, or who receives for the purpose of transporting from this state, any deer, deerskin, buck, doe or fawn, or any quail, partridge, pheasant, grouse, or sage hen or prairie chicken, dove, wild pigeon, or any wild duck, rail, snipe, ibis, curlew, plover, or other shore birds (Limicolae) except for the purpose of propagation or scientific purposes, under a permit, in writing, first obtained from the board of fish commissioners of

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