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West Virginia, Luwt, statutit, etc. Eorpio cation, and

inia,

Compliments of
Bandolph Stalnaker, Ji

Secretary of State,

W: Va.

ANIES,

Manufacturing, Mining, Insuring, Banking, natrvuu, Telegraph,
Telephone, Express, Educational, Literary, Scientific, Benevolent,

Medical, Mercantile, Gymnastic, and other purposes.

IN FORCE JUNE I, 1883.

WITH AN APPENDIX:

Containing a list of the Executive and Judicial Officers of the State, with the time for holding the Courts; Representatives in Congress; Commissioners of Deeds in other States ; Sheriffs; Clerks of Courts; Population by Counties ; Vote for Governor, 1880; Vote for Supreme Judge and Congress, 1882; and the assessed value of the Real and Personal Property in the several Counties of the State, as returned, for the years 1871 and 1882.

RANDOLPH STALNAKER, Jr.

SECRETARY OF STATE.

ERRATA.

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Wet Viiginia, Lawr, atatutis, ate. Ere per intentand

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Manufacturing, Mining, Insuring, Banking, Railroad, Telegraph,
Telephone, Express, Educational, Literary, Scientific, Benevolent,

Medical, Mercantile, Gymnastic, and other purposes.

IN FORCE JUNE I, 1883.

WITH AN APPENDIX:

Containing a list of the Executive and Judicial Officers of the State, with the time for holding the Courts; Representatives in Congress; Commissioners of Deeds in other States; Sheriffs; Clerks of Courts; Population by Counties ; Vote for Governor, 1880; Vote for Supreme Judge and Congress, 1882; and the assessed value of the Real and Personal Property in the several Counties of the State, as returned, for the years 1871 and 1882.

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OF CORPORATIONS GENERALLY.

General powers of corporations.-Every corporation as such shall have succession by its corporate name for the time limited in its charter or by law; and if no time be limited, perpetually. It shall have a common seal, and may renew or alter the same at pleasure. It may sue and be sued; plead and be impleaded, contract and be contracted with by simple contract or specialty ; purchase, hold, use and grant estate, real and personal; appoint officers and agents, prescribe their powers, duties and liabilities, take bond and security from any of them, and fix and pay their compensation ; and make ordinances, by-laws and regulations for the government of its council, board, officers and agents, and the management and regulation of its property and business. [Code, ch. 52 § 1.)

Restrictions on corporate powers.—The powers mentioned in the preceding section, or otherwise granted to any corporation, shall be limited by the purposes for which it is incorporated, and no corporations shall engage in transactions or business not proper for those purposes; nor shall corporate powers be exercised in violation of any law of the state. [Code, ch. 52, § 2.]

Cannot purchase real estate in order to resell.-Unless specially authorized, no corporation shall purchase real estate in order to sell the same for profit, or hold more real estate than is proper for the purposes for which it is incorporated, subscribe for or purchase the stock, bonds or securities of any joint stock company, or become surety or guarantee for the debt or default of such company. [Code, ch. 52, $ 3, amended Acts 1871, ch. 86. Re enacied Acts 1872, ch. 163.]

Certain corporations may lay out towns.-Nevertheless, a mining, manufacturing, oil, salt or internal improvement company may lay out a town not to include more than six hundred and forty acres, at

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