The Massachusetts Business Corporation Law of 1903: Covering Private Business Corporations Excepting Financial, Insurance and Public Service Corporations

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W.J. Nagel, 1908 - Corporation law - 631 pages

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Page 113 - ... [the name of the corporation], for the purpose [the purpose declared in the agreement of association], with a capital of [the amount of capital fixed in the agreement of association], and have complied with the provisions of the statutes of this commonwealth...
Page 62 - The sale, transfer or assignment, in bulk, of any part or the whole of a stock of merchandise, or merchandise and the fixtures pertaining to the conducting of said business, otherwise than in the ordinary course of trade and in the regular and usual prosecution of the business of the seller, transferor or assignor, shall be void as against the creditors of the seller, transferor, assignor, unless the seller.
Page 535 - Now, therefore, to all whom it may concern, be it known that, for and in consideration of the sum of — — dollars to me in hand paid...
Page 449 - ... that any lawful process against it which is served on said attorney shall be of the same legal force and validity as if served upon the society, and that the authority shall continue in force so long as any liability remains outstanding in this state.
Page 294 - ... the directors of the corporation shall be jointly and severally liable for all debts of the corporation contracted before the filing of the...
Page 307 - ... every shareholder of his shares, and the issue to him in lieu thereof of a decreased number of shares, or by the purchase at not above par of certain shares for retirement, or by retiring shares owned by the corporation or by reducing the par value of shares...
Page 413 - ... with interest thereon at the rate of twelve per cent per annum from the date of sale to such redemption.
Page 106 - And if the object of the statute is regarded, by which it is required that the first meeting shall be called by a majority of the persons named in the act of incorporation, it...
Page 474 - ... Any corporation may purchase, hold, sell, assign, transfer, mortgage, pledge or otherwise dispose of the shares of the capital stock of, or any bonds, securities or evidences of indebtedness created by any other corporation or corporations of this or any other state, and while owner of such stock may exercise all the rights, powers and privileges of ownership, including the right to vote thereon.
Page 30 - ... it shall be the duty of legislatures and magistrates, in all future periods of this commonwealth, to cherish the interests of literature and the sciences, and all seminaries of them; especially the university at Cambridge, public schools and grammar schools in the towns...

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