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No. 8.

Section 54. Certificate as to Payment of Capital Stock.

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We, the president and a majority of the directors of the Jones Manufacturing Company, a corporation duly organized under the "Business Corporation Law," of New York, and located and doing business at Albany N. Y., hereby certify,

that the whole

amount of capital stock of said corporation has been paid in.

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John Jones, Richard Roe, John Doe and Thomas Roe, being severally duly sworn, does each for himself say, that the said John Jones is the president of the Jones Manufacturing Company, and the said Richard Roe, John Doe and Thomas Roe are directors of said company, and a majority thereof; that he has read the foregoing certificate, subscribed by him and knows the contents thereof, and that the same is true.

(Jurat.)

(Add acknowledgment clause as in No. 1 of General Corporation Law.)

INDEX.

A.

SECTION.

Action against company, within what time brought, to hold stockholder......
Agents, directors to appoint.

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Amended certificate, for purchase or exchange of stock, etc., of other corporation....

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Annual report of stock corporation, provisions covering

Application to replace lost stock certificate...........

Assets, annual report to state....

Assets, final distribution of....

.... ....

B.

Banking cos., conveyance, etc., by restricted.............

...... ........

Banks, consent of superintendent to change number of directors.
Bondholders, proxy votes by, on reorganization....
Bonds, consideration for issue of limited...............

etc., of corporations, may be purchased by each other.
etc., proportion to capital stock....

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of domestic corporation, other corporation may guarantee...
to be issued for fair market value......
unauthorized, directors liable.....

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Certificate by director to relieve from liability for failure to file annual report.. 30

for reorganization......

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Change of number of directors, proceedings in to be filed....
Change of place of business....

City authorities, assent of, to reorganization.
Common stock, in reorganization....

issue of....

Competion, prevention of, forbidden.

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Comptroller, approval of reduction of capital stock
Conduct of meeting to increase or reduce stock.
Consent to transfer of stock, when refused..
Conversion of mortgage debt into stock....
Corporations in default, transfers by..

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SECTION. 21

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may buy and exchange each others stock.......
may guarantee bonds of other domestic corporation......

Creditor, damaged by false report, etc., officers liable
Creditors, when transfer of stock, valid against..........

D.

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Damages caused by illegal issues, directors liable for...
Damages, from failure, etc., to keep, etc., books, who liable....
Debts, annual report to state......

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must be in judgment, etc., before action against stockholder............

Deed of trust, sale of franchise, etc., under....

Directors, acts of, when void....

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may appoint officers, etc. ..............

may refuse consent to transfer stock.

of stock corporation, one-fourth to be elected annually..........
of stock corporation, selection of......
policy holders eligible as..

unauthorized dividend by, liability for.
when can not act as election inspectors...
and officers, general provisions as to..

Discounts, for stockholders forbidden.
Dissolution, distributing assets after.

Dissolution, voluntary......

Distribution, final, of assets

Dividends, confined to surplus profits... unauthorized, directors liable for. preferences in payment of...

Duties of officers, etc., how prescribed..

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Employes' wages, liability of stockholders for.
Exchange of, preferred for common stock....

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Exchange of stock, etc., by corporations with each other...........

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Executors, when liable as stockholders.....
Exhibition of books by transfer agent of foreign corporation.
Extension of business.

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Foreclosure, payment of mortgage debt by stockholders.................

Foreign corporation, exhibition of books by transfer agent of..........
Forfeiture of stock for non-payment of subscription....
Franchises, may be mortgaged

may be sold....

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Insurance, consent of superintendent, to change number of directors..

Issue of stock....

J.

Judgment creditors, access by, to stock book................

........

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Judgment, etc., must be obtained on debt, before suit against stockholder.......

L.

Liability for damages, for failure, etc., to keep, etc., books........
Liability of directors, for failure to file annual report................

of officers, for false certificates, etc.....

of directors, for illegal loans....

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of directors, for unauthorized bonds, etc.....
of directors, for unauthorized dividend.....................
of director, for unlawful transfers, etc.....
of owner, after increase or reduction of capital stock.

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