stockholders may be legally modified, and how provision may be made for such contingencies without injurious effect upon the permanency and fixedness of corporate securities.
The question is thoroughly dealt with in the important case of Berger v. United States Steel Corporation (53 Atl. Rep., 68).
Following, in point of time, that important decision of the English Courts, Allen v. Gold Reefs of West Africa (1 Ch. 656), which established the doctrine that Articles of Association may be altered by Special Resolutions to the prejudice of an individual or a class, the opinion of the Court of Errors and Appeals of New Jersey in the Berger case is a valuable and vigorous commentary on the history of the law of New Jersey corporations, interesting not alone to the student of New Jersey jurisprudence, but to corporation lawyers generally.
The Purpose of this Pamphlet. It is neither practicable nor within the scope of this pamphlet edition to attempt to cover in extenso either the Case or Statutory Law relating to business companies under the laws of New Jersey.
The department of Corporation Precedents, which the author believes to be most important and instructive, the limited extent of this pamphlet permits only to be outlined.
The purpose of this publication is to afford a hand-book, in compact form, useful to those interested in the preliminary questions involved in the organization and maintenance of business companies under the laws of New Jersey.
The Case Law, the Statutory Law and the Corporation Precedents, the latter as practical demonstrations of corporate propositions, are all more fully dealt with in the author's treatise on "New Jersey Corporations."