Bunker Hill School of Aeronautics, Inc. Hearings ... Feb. 6, March 1, 8, 14, April 11, 18, May 10, June 24 and 25, 1951, Volúmenes7-13

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Página 171 - ... which have been held exempt from taxation under section 101 (6) of the Internal Revenue Code.
Página 457 - ... for as many persons as there are directors or managers to be elected, or to cumulate said shares, and give one candidate as many votes as the number of directors, multiplied by the number of his shares of stock, shall equal, or to distribute them on the same principle among as many candidates as he shall think fit...
Página 308 - The act of a majority of the Directors present at a meeting at which a quorum is present shall be the act of the Board of Directors unless the act of a greater number is required by law or by these By-Laws.
Página 459 - ... in the absence of actual fraud in the transaction, the Judgment of the directors as to the value of the property purchased shall be conclusive...
Página 420 - Contractor, was then of said Corporation; that said Contract was duly signed for and in behalf of said Corporation by authority of its governing body, and is within the scope of its corporate powers.
Página 309 - Any two or more offices may be held by the same person, except the offices of president and secretary.
Página 692 - Nothing, however, herein contained shall be construed to extend to any incorporated company...
Página 459 - The corporation shall be entitled to treat the holder of record of any share or shares of stock as the holder in fact thereof and accordingly shall not be bound to recognize any equitable or other claim to or interest in such shares on the part of any other person...
Página 459 - Nothing in this act shall be construed as forbidding a corporation, (a) To recognize the exclusive right of a person registered on its books as the owner of shares...
Página 535 - Which is a religious organization described in section 501 (c) (3); or (2) Which is an educational organization described in section 501(c)(3), if such organization normally maintains a regular faculty and curriculum and normally has a regularly organized body of pupils or students in attendance at the place where its educational activities are regularly carried on...

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