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ARTICLE IX.
ATTACHMENTS.
SECTION
2 Domestic corporation without resident agent is subject to at-
tachment as a non-resident...
18 Shares of stock subject to.....
ARTICLE XI.
BANKS AND TRUST COMPANIES.
BANK COMMISSIONER.
1 Appointment of Bank Commissioner.
2 Deputy and additional clerks..
3 Seal of office....
4 Shall not examine institution in which interested.
6 Deputy to act in absence or vacancy....
PAGE
7 Supervision of banking institutions other than national banks. 11
8 Examinations—Administration of oath-Penalty for obstruct-
ing
9 Capital found impaired, may order restored.
10 Powers of Commissioner..
11
12
13
14
15
16
BANKS.
25 Certificate from Commissioner before commencing business...
Directors and officers-Notice of annual meeting of stockhold-
26
ers
27 Reorganization as national bank..
28
29
Reorganization of national bank as State bank..
May issue circulation upon removal of Federal Tax.
30 Savings department may be conducted by State bank.
SAVINGS INSTITUTIONS.
31
Procedure on organization.
32 No capital stock......
33 Deposits and loans..
34 Guarantee fund and dividends or interest.
35 Fund for dividends or interest.
36 Report of Bank Commissioner.
37 Publication of statement.....
38 Report of unclaimed deposits.
39 Penalty for failure to report unclaimed deposits.
40 Rest ictions as to use of words "Savings Bank".
41 Applicability of savings bank provisions..
17
18
19
20
21
22
24
255
25
TRUST COMPANIES.
42 Articles of incorporation-Capital stock.
43 Execution and filing of articles....
44 Approval of articles by Commissioner.
45 Examination by Commissioner and issuance of certificates.
46 Powers of corporation....
47 Court appointments as fiduciary and selection as depository...
48 Bond not required when acting as fiduciary-Trusts preferred
claims upon dissolution...
49 Official oath not required when qualifying as fiduciary.
50 Directors-Qualification and oath..
51 Applicability of Act-saving clause..
27
30
32
GENERAL REGULATIONS.
52 Definition of "Banking Institution"....
53 Inspector of stock book-Voting by proxy permitted.
54 Amendment of charter-Changes in capital stock..
58 Penalties for false statements or entries and for accepting de- posits when institution insolvent..
61 Banking institution may voluntarily place affairs in hands of
62A Carrving of bills payable regulated.
63 Failure to keep reserves.
64 Limitations upon loans.
65 Loans to officers.....
66
Certification of checks.
67 Surplus and dividends.
68 Improper dividends
69 Double liability of stockholders.
70 Shares of stock deemed personal property and transfer regu-
lated
71 Deposit by minors or married women, and withdrawal.
35
36
37
38
39
40
41
Stock voting-Oath if demanded-Pledged stock..
43
77 Penalty for maliciously circulating false reports concerning
solvency
44
78 Appointment of attorney and compensation.
79 Inconsistent provisions and Acts repealed--Charters of institu-
tions not organized by January, 1914, repealed...
ARTICLE XVI.
CHANCERY.
JURISDICTION.
111 Educational or charitable corporations may be compelled to
comply with conditions of gift. etc.
112 By whom p oceeding may be instituted.
113 The above not an interpretation of existing law.
45
46
NON-RESIDENTS.
128 On what corporations process may be served by publication.... 46
PLEADING AND PRACTICE.
215 Corporations in pleadings need not use seal..
RECEIVER'S BOND.
230 Bonds with corporate surety required to be only for amount of
value of property.....
ARTICLE XIX.
COMPTROLLER.
SUPERVISION OF EXPENDITURES OF CORPORATIONS RECEIVING APPROPRIA-
PRIATIONS FROM THE STATE.
41 State-aided institutions must report to Comptroller.......
42 State appropriation not for land or building, unless expressly
so provided
Affiavit before payment of State appropriation...
44 No State appropriation to corporations for building without
mortgage to State to cover appropriation.....
ARTICLE XXI.
CONVEYANCING.
47
48
CONVEYANCES IN GENERAL.
1
When deed necessary to pass title.....
2 Acknowledgment where land lies..
3 Acknowledgment in State, but not in county or city where
MISCELLANEOUS.
91 Provisions concerning recording title to railroad rolling stock.. 52
ARTICLE XXIII.
CORPORATIONS.
1 Application of Act-Definition-Principal office..
PROVISIONS FOR FORMATION.
2 Purposes of incorporation.....
3 Who may be incorporators-Number-Certificate.
4 Execution of certificate-Recording and fees..
5 When corporate existence begins-Evidence of existence of cor-
6 Amendments by incorporators permitted..
7 Powers of corporations formed under general laws.
8 Board of Directors-how chosen-quorum...
8A Resident agent required of domestic corporation..
Officers-one person filling more than one office...
9
10 Powers of Directors-election of executive committee.
11 Classification of Directors-annual election-by-laws.
12 Provisions in by-laws....
13 Evidence of by-laws.
MEETINGS.
14 How annual meeting warned....
15 How extraordinary meetings called..
16 Meetings called upon request-notice-removal of officers.
17 Meetings to be held in State-quorum-special provisions for
ce tain corporations
18 Corporation voting own shares and stock in another corpora-
21 Effect of failure to elect on designated day.
22 Voting by fiduciaries....
23 Notice of meeting waived.
AMENDMENTS AFTER ORGANIZATION.
61
62
63
24 In what particulars charter may be amended and by what vote 67
25 How amendment made-when effective-evidence..
28 Decrease in number of shares.
29 Consolidation of corporations-procedure conditions-certifi- cate...
31 How dissenting stockholder may proceed.
32 Disposal of entire assets of corporation-rights of dissenting
stockholder
68
69
70
71
75
76
CAPITAL STOCK.
33 Stock certificates and contents.....
34 Classes of stock-rights of preferred stockholders.
34A May issue stock without par value.....
35 Manner of issuing stock at less than par or for property or for
service
36 Penalty for issuing stock in violation of Section 35.
37 Repealed by Acts 1s16, Chapter 596, Section 11..
UNIFORM STOCK TRANSFER PROVISIONS.
38 Transfer of stock certificate....
39 Provisions not construed to enlarge powers of infant or fidu- ciary
40 Provisions not construed to prohibit corporation to recognize and hold registered owner.
Title of bona fide holder superior to transferee under power not
on certificate
42 Delivery by one without authority.
43 When endorsement effectual, although induced to make through
fraud
44 When Court will specifically enforce right to reclaim certificate 85
45 When transfer valid, although prior transfer set aside....
86
49
50
Holder for security does not warrant genuineness..
Attachment of shares of stock....
51
52
53
87
Legal and equitable remedies open to attaching creditor.
Certificate must state liens and restrictions on transfer.
Alterations in certificate...
54 Cases not cove ed by Act..
55 Interpretation and construction to make law uniform.
56 When is certificate endorsed......
57 Who appears to be owner and when this ceases.
Definitions
59 Provisions apply to certificates issued after July 1, 1910.. Citation
62 How calls collected or enforced-method of sale-notice..
63 Liability of stockholder--fiduciary as stockholder...
65 Exclusive remedy of creditors to enforce stockholders' liability
by bill in equity..
Amount of liability.
88
89
64 Liability of stockholders for unpaid subscription-proceeding to
enforce ...
67 Lost or destroyed certificates......
67A Lost certificates of fiduciaries or agents..
Procedure in attaching or executing on shares of stock.
69 Penalty for refusal to transfer new certificate issued under
preceding section
70 When writ issued by justice of peace, power vested by preced-
ing sections exercised by appellate court..
71 Execution or attachment shall affect only interest defendant
had at time of delivery of notice...
72
Right of stockholders to have statement of affairs of corpora-
tion
100
73 Right to inspect books of corporation and a'so stock book..
74 Corporation shall keep full and fair accounts-annual state-
ment
101
75 Unea. ned dividenus-loan to stockholder or director.
77A Decree of dissolution to be filed with State Tax Commission.. 103
78 Suit by stockholder or creditor to dissolve corporation deter-
mined by legal proceedings to be insolvent..
104
79 After decree of dissolution, power of receivers..
80 Dissolution otherwise than by judicial proceedings-powers of
directors ....
105
81 Legal consequences of dissolution.
106
81A Stockholder of insolvent corporation right to plead defenses... 106
82 Proceeding to forfeit charter..
107
83
Trial ....
84 If corporation fails to answer, ex parte proceeding..
108
85 Suspension of judgment and order to remedy grievance.