Liability of stockholder, limitation of..... of indebtedness of stock corporation... ...... .... .... ....... M. ...... ...... Meeting to increase or reduce stock.. Merger Monied corporations, article one not to apply to................ sale of rights and franchises... ...... ...... Officers, liability for false certificates, etc. ... .... ........ ...... ...... ...... ...... .... N. Necessaries of life, combinations affecting, when forbidden.......... of meeting to change capital stock.... 0. ... .... .... ..... .... .... .... ..... ...... .... .... ...... ............ ...... .... ........ .... ... .. .... ... .... .... ... Oaths of inspectors of election..... ............ ...... ...... ....... ...... .... .... .... .... ..... ...... ...... .. ..... .... ...... ..... .... ..... .... .... .... .... ..... .............. .... .... ........... SECTION. ..... 55 2 24 42 31 55 55 25 .50, 51 .... P. 49 29 29 31 for failure to make the proper entry in books. 53 52 .... 48 23, 24, 25, 48 54 .... ..... ...... to be filed, etc...... ...... ........ .. ........ .... ...... ...... 46 58 ...... ...... ...... .......................................................... President, directors to appoint...... ...... .... .... ........ ...... .... .... .... Qualification of directors...... of inspectors of election of persons as reorganizers.... R. Receiver, reorganization not to affect...... restrictions as to suits against.... to collect stock subscriptions. Reduction of capital stock.... of capital stock, when forbidden.... Refusal to keep books and afford access to, penalty for. Re-issue of forfeited stock....... .... .... ....... .... ...... ........ ...... ................ ...... .... .... ... .... .... ...... ......... .... Removal of officers and employes, by directors.... Report, annual, provisions as to Rights and liabilities on stock and of stockholders.. S. Sale of franchise and property..... ...... ...... .... ...... of rights and franchises under mortgage. Secretary, directors to appoint...... Security may be required of officers and employes... Services, liability of stockholder for....... Shares of stock, non-transferrable until all calls paid.. Statement, financial, to stockholders.. Stock, consideration for issue of, limited.... division into classes. forfeiture of..... increase or reduction of capital... issue and transfer of.... not to be issued less than par value...... reissue of forfeited...... ...... ...... ......... ...... .... ...... ..... ......... .... .... .................. .... ....... ..... .... ...... subscriptions to........ ...... ...... ...... ...... .... .. ................ .... ........ SECTION. 48 4 48 .... .... ...... .... .... ..... .... ... .... ...... ........ .... ... ...... .... .... ... ...... ...... ..... 4 47 27 39 48 48 4 8 5 6 30 7 .40-55 ... 2 20 28 3 43 43 44 4C 42 43 41 ... 41, 43 29 26 33 5 27 27 54 40 52 42 4 29 20 30 SECTION. 7 24 2 40 29 2 .... ........ .... ............ .................... 31 55 25 consent of to mortgage. 54 ........ 32 .............. ...... 48 55 6 49 41 .............. .... ...... 41, 43 21 52 ...... .... 23 when may assent to reorganization.......... ........... ...... ...... Stock, corporations, combination of forbidden. ...... ...... .............................. ........ ...... U. Unlawful restraint of trade, forbidden.... .... Wages, etc., liability of stockholders for... .... .... .... ............. ... .... ...... ..... .... ..... ...... ............ V. certificate by director, as to annual report.... transfer of stock, in contemplation of insolvency ........... ...... .... .... ..... .... ...... CHAP. 689. AN ACT in relation to banking corporations. APPROVED by the Governor May 18, 1892. Passed, three-fifths being present. The People of the State of New York, represented in Senate and Assembly, do enact as follows: CHAPTER XXXVII OF THE GENERAL LAWS. THE BANKING LAW. ARTICLE 1. General provisions (§§ 1-33). 2. Banks (SS 40-92). 3. Savings banks (§§ 100-135). 4. Trust companies (§§ 150-163). 5. Building and mutual loan corporations (§§ 170–175). 6. Co-operative loan associations (§§ 180-191). 7. Mortgage, loan and investment corporations (§§ 200-205). 8. Safe deposit companies (§§ 210-216). ARTICLE I. GENERAL PROVISIONS. SECTION 1. Short title. 2. Definitions. 3. The banking department; superintendent. 4. Official seal of superintendent of banks. 5. Deputy clerks and examiners of the bank department. 6. Rooms and furniture. 7. Expenses, how defrayed. 8. Powers of superintendent. 9. Examination of securities deposited. 10. Unclaimed balances. 11. Examiners. 12. Examination and certificate as to payment of capital. 13. Affidavit to be made before commencing business. 14. Deposit of bonds or mortgages with superintendent. 15. Exchange of securities. 16. Publication of report of examiners. 17. Impairment of capital. 18. Proceedings against delinquent corporations. 19. Examination by order of court. 20. Reports. 21. Penalties for failure to report. SECTION 23. Annual report of superintendent. 24. Reports presumptive evidence. 26. Calculation of profits. 27. Losses in excess of profits 28. Publication of unclaimed dividends and deposits. 29. Change of location. 30. Approval and certificate of superintendent upon incorporation. 31. Permission and certificate of superintendent in case of foreign corporation. 32. Appointment of superintendent as attorney for service of process. 33. Appointment of receiver. 34. Merger. 35 Submission of merger agreement to stockholders. 36. Rights of dissenting stockholders. 37. Effect of merger. 38. Rights of creditors of merged corporations. SECTION 1. Short title.-This chapter shall be known as the banking law, and shall be applicable to all corporations and individuals specified in the next section. New. § 2. Definitions.-The term bank, when used in this chapter means any monied corporation authorized by law to issue bills, notes or other evidences of debt for circulation as money, or to receive deposits of money and commercial paper and to make loans thereon, and to discount bills, notes or other commercial paper, and to buy and sell gold and silver bullion or foreign coins or bills of exchange. The term, individual banker, when so used, means a person who has complied with the requirements of law, and is authorized by the banking department to engage in the business of banking, and is subject to the supervision of the superintendent of banks and the banking law. The term savings bank, when so used, means a corporation only authorized by the laws of this state to receive money on deposit and pay such rates of interest thereon, and to invest the same in such securities and obligations, as may be prescribed by law. The term, trust company, when so used, means any domestic corporation formed for the purpose of taking, accepting and executing such trusts as may be lawfully committed to it and acting as trustee in the cases prescribed by law, and receiving deposits of moneys and other personal property, and issuing its obligations therefor, and of loaning money on real or personal securities. The term, building and mutual loan corporations or associations, when so used, means a corporation formed for the purpose of accumulating a fund for the purchase of real property, the erection of buildings, or the making of other improvements on lands, or to pay off incumbrances thereon, or to aid its members in acquiring real |
0 Opiniones Las opiniones no están verificadas, pero Google revisa que no haya contenido falso y lo quita si lo identifica Escribir un comentario |