The book Massachusetts Ecclesiastical Law was written by author Edward Buck Here you can read free online of Massachusetts Ecclesiastical Law book, rate and share your impressions in comments. If you don't know what to write, just answer the question: Why is Massachusetts Ecclesiastical Law a good or bad book?
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The purpose of such corporation, and the place within which it is established or located, shall be distinctly speci- fied in its articles of association ; which articles, and all amend- ments thereto, shall be recorded in the office of the register of deeds for the county or district wherein such place is situated ; and such corporation shall appropriate its funds to no other pur- pose. Sect. 3. Corporations organized under this chapter shall have the powers and privileges, and be subject to th...e duties, liabilities, and restrictions, set forth in chapter sixty-eight, so far as the same may be applicable. Sect. 4. Such corporations may hold real and personal estate, necessary for the purposes of their organization, to an amount not exceeding one hundred thousand dollars. Sect. 5. Their estate shall not be exempted from taxation in any case where part of their income or profits of their business is divided among members or stockholders, or where any portion of such estate is used or appropriated for other than educational, charitable, or religious purposes.
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