The Massachusetts Business Corporation Law of 1903: Covering Private Business Corporations Excepting Financial, Insurance and Public Service Corporations |
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Page xiii
... Receivers .... 322 a . When a receiver may be appointed . 323 b . Effect of appointment .... 326 c . Suits by and against receivers .. 328 d . Duties and powers ... 331 e . Liability of receivers .. 333 f . Compensation of receivers ...
... Receivers .... 322 a . When a receiver may be appointed . 323 b . Effect of appointment .... 326 c . Suits by and against receivers .. 328 d . Duties and powers ... 331 e . Liability of receivers .. 333 f . Compensation of receivers ...
Page 2
... receiver , and the form of by - laws , was regu- lated in substantially the same language as is found in the present law . ( R. L. , chapter 109 , sections 4 , 5 , 13 , 15 , 16 , 54 and 55. ) Chapter 133 of the Acts of 1851 marks the ...
... receiver , and the form of by - laws , was regu- lated in substantially the same language as is found in the present law . ( R. L. , chapter 109 , sections 4 , 5 , 13 , 15 , 16 , 54 and 55. ) Chapter 133 of the Acts of 1851 marks the ...
Page 62
... receivers , assignees under a voluntary assignment for the benefit of creditors , trustees in bankruptcy , or by any public officer under judicial process . " 174 " The statutory test is whether the sale was made in the usual way in ...
... receivers , assignees under a voluntary assignment for the benefit of creditors , trustees in bankruptcy , or by any public officer under judicial process . " 174 " The statutory test is whether the sale was made in the usual way in ...
Page 78
... receiver to take possession of the property of such corporation , association or organization , and to close up the busi- ness subject to the order of the court . " 270 These two sections are a reasonable exercise of the police power ...
... receiver to take possession of the property of such corporation , association or organization , and to close up the busi- ness subject to the order of the court . " 270 These two sections are a reasonable exercise of the police power ...
Page 162
... receivers of the corporation are not concluded by the acceptance by the directors of fictitious entries made by the treasurer.782 So , if a treasurer wrongfully lends funds of a corporation to a third person , a suit against the third ...
... receivers of the corporation are not concluded by the acceptance by the directors of fictitious entries made by the treasurer.782 So , if a treasurer wrongfully lends funds of a corporation to a third person , a suit against the third ...
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The Massachusetts Business Corporation Law of 1903: Covering Private ... Prescott Farnsworth Hall No preview available - 2017 |
Common terms and phrases
11 Cush 12 Allen 15 Gray 23 Pick 9 Cush 99 Mass action agent amount Anglo-Saxon Anglo-Saxon Petroleum appointed assessed Atlas Bank attorney Attorney-General Atty.-Gen authority bill Blue Hill Turnpike bonds by-laws capital stock certificate charter Citations clerk commissioner of corporations Commonwealth Company contract corporation County Com'rs court creditors debts directors dividend duly election entitled equity execution filed foreign corporation franchise Gas Light held Hingham holders infra International Trust Co issued judgment liable Lowell Manuf manufacturing Massachusetts meeting Mills mortgage N. E. Rep N. J. Eq National Bank notice number of shares officers Old Colony organization paid party payment person plaintiff poration preferred stock present act president provisions purchase quo warranto real estate receiver Revised Laws Savings Bank Scottish Clans seal sell statute stockholders subscriber subscription supra thereof tion transfer treasurer Trustee ultra vires vote Worcester
Popular passages
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...