Law Governing Manufacturing and Mercantile Corporations and Corporations for Other Lawful Business, Under Act No. 232, P. A. of 1903: With Annotations

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Wynkoop, Hallenbeck, Crawford Company, state printers, 1915 - 38 páginas

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Página 18 - ... file in the office of the secretary of state, and also in the office of the clerk of the county in which the...
Página 31 - 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.
Página 37 - All specific State taxes, except those received from the mining companies of the Upper Peninsula, shall be applied in paying the interest upon the primary school, university, and other educational funds, and the interest and principal of the State debt, in the order herein recited, until the extinguishment of the State debt, other than the amounts due to educational funds, when such specific taxes shall be added to, and constitute a part of the primary school interest fund.
Página 33 - ... affairs, to dispose of and convey their property, and to divide their capital, but not for the purpose of continuing the business for which they were established.
Página 8 - 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...
Página 14 - Change of corporate status. of such corporation contracted during the period of such neglect or refusal, and shall also be liable to such corporation for any damages sustained by it by reason of such refusal or neglect.
Página 27 - To procure such certificate, every foreign corporation shall' file and record in the office of the secretary of state a certified copy of its charter or articles of incorporation...
Página 16 - Any corporation may purchase any property authorized by its certificate of incorporation, or necessary for the use and lawful purposes of such corporation, and may issue stock to the amount of the value thereof in payment therefor, and the stock so issued shall be full paid stock and not liable to any further call, neither shall the holder thereof be liable for any further payment under...
Página 29 - Provided, That no such foreign corporation shall be permitted to transact business in this state, unless it be incorporated in whole or in part for the purpose or object for which a corporation may be formed under the laws of Michigan, and then only for such purpose or object.
Página 4 - The articles of every such association shall be signed by the persons associating in the first instance, and acknowledged before some person authorized by the laws of this State to take acknowledgments of deeds, and shall state— First.

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