A Manual of Corporate Organization, Containing Information, Directions And Suggestions Relating to the Incorporation of Enterprises
A Manual of Corporate Organization, Containing Information, Directions And Suggestions Relating to the Incorporation of Enterprises
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In our eReader you can find the full English version of the book. Read A Manual of Corporate Organization, Containing Information, Directions And Suggestions Relating to the Incorporation of Enterprises Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book A Manual of Corporate Organization, Containing Information, Directions And Suggestions Relating to the Incorporation of Enterprises
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Frequently a form of stock certificate will have been selected and possibly printed or engraved before the time of the first board meeting. Even if this be so, the selected form 200 ORGANIZATION OF CORPORATION.
should be formally adopted and either the secretary be author- ized and instructed to procure the necessary books of stock certificates, or, if the books have already been procured, such action be ratified and the books as presented be accepted. The resolution by which this is effected s...hould also authorize the secretary to provide a seal, minute book and such other cor- porate books and stationery as may be required.
The form of seal is customarily determined in the by- laws which have already been adopted by the stockholders.
If this is not the case the form of seal should be selected and adopted by the directors. (See Forms, Chapter XLVIII.) § 201. Acceptance of Subscriptions.
Subscriptions made by the incorporators of a new com- pany need no formal acceptance. The mere fact of their having executed the charter, in which their subscriptions usually appear, and of having participated in the organiza- tion meetings obviates the necessity of acceptance.
What to read after A Manual of Corporate Organization, Containing Information, Directions And Suggestions Relating to the Incorporation of Enterprises?
You can find similar books in the "Read Also" column, or choose other free books by Conyngton, Thomas, B. 1855 to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
Frequently a form of stock certificate will have been selected and possibly printed or engraved before the time of the first board meeting. Even if this be so, the selected form 200 ORGANIZATION OF CORPORATION.
should be formally adopted and either the secretary be author- ized and instructed to procure the necessary books of stock certificates, or, if the books have already been procured, such action be ratified and the books as presented be accepted. The resolution by which this is effected s...hould also authorize the secretary to provide a seal, minute book and such other cor- porate books and stationery as may be required.
The form of seal is customarily determined in the by- laws which have already been adopted by the stockholders.
If this is not the case the form of seal should be selected and adopted by the directors. (See Forms, Chapter XLVIII.) § 201. Acceptance of Subscriptions.
Subscriptions made by the incorporators of a new com- pany need no formal acceptance. The mere fact of their having executed the charter, in which their subscriptions usually appear, and of having participated in the organiza- tion meetings obviates the necessity of acceptance.
What to read after A Manual of Corporate Organization, Containing Information, Directions And Suggestions Relating to the Incorporation of Enterprises?
You can find similar books in the "Read Also" column, or choose other free books by Conyngton, Thomas, B. 1855 to read onlineMoreLess
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