Compilation of the Corporation Laws of West Virginia: Embracing the Full Text of the Statutes of the State Relating to the Formation and Regulation of All Classes of Corporations and Joint Stock Companies, in Force January 1, 1896
M.W. Donnally, 1896 - 165 páginas
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accept aforesaid agents agreement amended amount annual application appoint assessed association auditor authorized bank bonds boom boxed by-laws capital stock cause cents certificate chapter charge clerk Code commissioners compensation construction contract copy corporation county court deemed deposit distance district dollars duty effect election evidence examination exceeding fifty miles filed five formed four given held hereafter heretofore hold holders hundred incorporated interest issued land least less levies liabilities logs manner measure meeting miles months necessary notice operating organized otherwise owner paid payment person petroleum poration preceding prescribed president principal proper published purchase railroad real estate reasonable received recorded remain resolution road seal secretary shares stockholders taken therein thereof thousand timber tion transportation trustees unless vote
Página 47 - ... public notice, as may be provided by law. SEC. 12. In all elections for directors or managers of corporations every stockholder shall have the right to vote, in person or by proxy, the number of shares of stock owned by him for as many persons as there are directors or managers to be elected...
Página 43 - ... to its former state, or to such state as not unnecessarily to have impaired its usefulness.
Página 79 - To exercise by its board of directors, or duly authorized officers or agents, subject to law, all such incidental powers as shall be necessary to carry on the business of banking; by discounting and negotiating promissory notes, drafts, bills of exchange, and other evidences of debt; by receiving deposits; by buying and selling exchange, coin and bullion; by loaning money on personal security; and by obtaining, issuing and circulating notes according to the provisions of this Title.
Página 39 - State for the transaction of its business, where transfers of stock shall be made, and in which shall be kept for public inspection, books in which shall be recorded the amount of capital stock subscribed, and by whom: the names of the owners of its stock, and the amounts owned by them respectively: the amount of stock paid in.
Página 79 - Each director, when appointed or elected, shall take an oath that he will, so far as the duty devolves on him, diligently and honestly administer the affairs of such association...
Página 92 - ... notice; and that if he fails to make the same, his stock, and all previous payments thereon, will be forfeited for the use of the company ; which notice shall be served as aforesaid, at least sixty days previous to the day on which such payment is required to be made.
Página 34 - June twenty-ninth, eighteen hundred and eighty-eight, shall, on conviction thereof, be fined not less than five hundred dollars nor more than one thousand dollars, and be Imprisoned not less than six months nor more than one year.
Página 40 - ... company; but the person pledging such stock shall be considered as holding the same, and shall be liable as a stockholder accordingly, and the...
Página 47 - Assembly shall provide, by law, that in all elections for directors or managers of incorporated companies, every stockholder shall have the right to vote, in person or by proxy, for the number of shares of stock owned by him, 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...