39. Execution against stockholder.

No execution shall issue against any stockholder individually, until execution has been issued against the corporation and returned unsatisfied; and whenever a judgment shall be recovered against a stockholder individually, all the stockholders shall contribute a proportionate share of the amount paid by such stockholder on such judgment proportioned to the number of shares of stock owned by each of such stockholders, and such stockholder shall have a right of action against the other stockholders in such corporation, jointly or severally, to recover from them, and each of them, the proportion due by them and each of them of the amount, so paid on such judgment.

40. Payment of capital stock.

The capital stock of every such limited liability company shall be paid in, one half thereof within one year, and the other half thereof within two years from the incorporation of said company, or such corporation shall be dissolved. The directors of every such company, within thirty days after the payment of the last instalment of the capital stock, shall make a certificate stating the amount of the capital so paid in, which certificate shall be signed and sworn to by the president and a majority of the directors; and they shall, within the said thirty days, record the same in the office of the secretary of state, and of the county in which the principal business office of such corporation is situated.

41. Effect of dissolution,

§ 38. The dissolution, for any cause whatever, of any corporation created as aforesaid, shall not take away or impair any remedy given against such corporation, its stockholders or officers, for any liabilities incurred previous to its dissolution.

CAMP GROUNDS AND PARSONAGES.

1. Manner of formation.

(Laws of 1867, ch. 265.)

SECTION 1. The presiding elder and a majority of the district stewards, appointed according to the discipline of the Methodist Episcopal Church, residing in any ecclesiastical district in this state, erected by an annual conference of said church as a presiding elder's district, may make, sign and acknowledge, before some officer competent to take the acknowledgment of deeds, and file in the office of the clerk of any county in such district, and a duplicate thereof in the office of the secretary of state, a certificate in writing, in which shall be stated the corporate name of said corporation; the names, residences and official relation to the district of the persons signing such certificate; the number of trustees, not less than three nor more than nine, who shall manage the property and affairs of said corporation for the first year, and their names; and in which certificate it shall be further stated, in substance, that the object of such corporation is to secure the benefits of this act.

2. Certificate of incorporation.

$2. When such certificate shall be filed as aforesaid, the persons who shall have made, signed and acknowledged the same, and their successors, shall be and become a body politic and corporate, by the name stated in such certificate; and such corporation shall have succession, and possess the general powers conferred on corporations by the eighteenth chapter of the first part of the Revised Statutes of this state; and shall also have power to take, by gift, grant or purchase, any estate, real or personal, the annual income of which shall not exceed five thousand dollars, for the use of, and as a residence for the presid

ing elder for the time being, of said district; and shall also have power to take by gift, grant or purchase, any estate, real or personal, the annual income or value of which shall not exceed ten thousand dollars, for the use of the authorities of the said Methodist Episcopal Church representing said district, as a camp-ground for camp-meeting purposes; and from time to time to sell and convey the same, and to reinvest the proceeds thereof for a like purpose, as the trustees of such corporation, with the approval of the annual conference having jurisdiction over the district, may direct. And all the provisions of article seven, title eight, chapter twenty, part first of the Revised Statutes of this state, entitled "Of the disturbance of religious meetings," shall apply to all religious meetings held in pursuance of the provisions of this act, in accordance with the usages of the said Episcopal Methodist Church. And the trustees of any such camp-ground, appointed according to the provisions of the act hereby amended and for the purposes named in this act, and their successors in office, are hereby clothed with the same powers, as are conferred upon peace officers in and by said article seven. [Thus amended by Laws of 1868, ch. 784.]

3. Holding real estate.

§3. Any real estate heretofore conveyed for the use of, or as a residence for a presiding elder of any such district, and his successors in office, or for camp-meeting purposes, may be conveyed, by the trustees holding the title thereof, to a corporation formed as aforesaid for the district in which such estate is situated; whereupon the title thereto shall vest in such corporation for the purposes defined by this act. [Thus amended by Laws of 1868, ch. 784.]

4. Trustees, how appointed.

§ 4. The district stewards of any presiding elder's dis

trict, at their annual meeting, may appoint, from time to time, trustees for any such corporation within their district, to supply the places of those whose terms shall expire, and to fill any vacancies in the number of such trustees; and trustees of any such corporation shall respectively hold their offices for one year, and until others are appointed in their places.

5. Presiding elder and district stewards may make certificate; certificate, where filed; what to contain ; trustees, number of.

(Laws of 1874, ch. 26.)

SECTION 1. The presiding elder of any district, or the presiding elders of any number of districts, and a majority of the district stewards of any district or districts, appointed according to the discipline of the Methodist Episcopal Church, residing in any ecclesiastical district or districts in this state erected by an annual conference of said church as a presiding elder's district or districts, may make, sign and acknowledge, before some officer competent to take the acknowledgment of deeds, and file in the office of the clerk of any county in such district or districts, and a duplicate thereof in the office of the secretary of state, a certificate in writing, in which shall be stated the corporate name of said corporation; the names, residences and official relation to the district of the person signing such certificate, the number of trustees, not less than three nor more than nine, who shall manage the property and affairs of said corporation for the first year, and their names; and in which certificate it shall be further stated, in substance, that the object of such corporation is to secure the benefits of this act.

6. Trustees; constitution and rules; election of trustees; non-resident members; stewards to fill vacancies.

§ 2. Whenever in forming any corporation under this

act a greater number of trustees than nine shall be desired, the number of trustees shall be specified in the articles of incorporation, which shall be not less than nine nor more than twenty-one, and shall specify, in said articles, the names of the persons as trustees to manage the affairs of said corporation until others are elected in their places; said trustees shall be divided by lot into three classes, the first class to hold their office for one year; the second class to hold their office for two years; the third class to hold their office for the* years. The said corporation, when organized, and any camp-ground or camp-meeting association heretofore organized under the laws of the state of New York, shall have power to adopt a constitution, and to prescribe rules and regulations not inconsistent with the Constitution and laws of the state or of the United States, for the government thereof and for the election of trustees and its officers. One third of the trustees shall be annually elected and vacancies filled in such manner as the constitution of said corporation shall prescribe. When the camp-grounds proposed to be selected by such corporation shall be situated upon or near the borders of this state, persons residing out of the jurisdiction of this state may be permitted to join in and become members of said corporation, and shall be eligible to be elected officers thereof. When the number of trustees do not exceed nine, or no constitution is adopted by the corporation prescribing the mode of election of its trustees and officers, then the district stewards of any presiding elder's district, at their annual meeting, may appoint, from time to time, trustees for such corporation within their district to supply the places of those whose term of office shall expire and to fill vacancies in the number of trustees. And when two or more districts join in such corporation, then the district stewards of each district at their annual meeting, may appoint their equal propor* So in the original.