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tions, investment companies, or associations, whether organized in this state or represented by agents, doing a savings and loan or investment business, and which are not under the direct supervision of the bank commissioners or the insurance commissioner, and whether issuing certificates of stock which mature at a time fixed in advance or not, and shall also include any association or company which is based on the plan of building and loan associations, and which contains features similar to such associations; and said commissioners are hereby vested with the power of determining whether such association or associations contain such features as are based on plans similar to those of building and loan associations, and whether they properly come within the purview of this act. [Amendment approved March 26, 1895; Stats. 1895, 105.]
Sec. 21. All acts or parts of acts in conflict with the provisions of this act are hereby repealed.
Sec. 22. This act shall take effect and be in force from and
after its passage.
An act to provide the manner of execution of deeds by cemetery
[Approved March 26, 1895; Stats. 1895, 75.]
§ 1. Execution of deeds and conveyances.
Section 1. All deeds or conveyances executed by cemetery associations or incorporations within this state, shall be executed in the name of the corporation or association, under the seal thereof, by the president, or vice-president, and secretary thereof. Sec. 2. All acts and parts of acts in conflict with this statute,
. in so far as they conflict with the same, are hereby repealed.
Sec. 3. This act shall take effect and be in force from and after its passage.
Act authorizing incorporation of rural cemetery corporations: See act of April 28, 1859; Stats. 1859, p. 281; and amendments 186364, p. 12; 1891, p. 264. See, also, act of March 2, 1899, Stats. 1899, 36, supplemental to the act of April 28, 1859.
CHAMBERS OF COMMERCE. An act to provide for the formation of chambers of commerce, boards
of trade, mechanic institutes, and other kindred protective asso
ciations. [Approved March 31, 1866; Stats. 1865-66, 469. Amended, Stats.
1867-68, 5; Stats. 1885, 76.]
§ 1. Corporations may be formed.
Section 1. That corporations for the formation and organization of chambers of commerce, boards of trade, mechanic institutes, and other associations for the extension and promotion of trade and commerce, or the advancement, protection, and improvement of the mechanic arts and sciences, may be formed and organized according to the provisions of this act, and such corporations and the members thereof shall be subject to the liabilities herein imposed, and to none other.
Sec. 2. Any twenty or more persons who may desire to form à corporation for either of the purposes specified in the preceding section shall make, sign, and acknowledge, before some officer competent to take acknowledgment of deeds, and file in the office of the county clerk of the county in which the principal place of business of the company is intended to be located, and a certified copy thereof in the office of the Secretary of State, a certificate in writing, in which shall be stated the corporate name of the corporation, the object for which the corporation shall be formed, the time of its existence, not to exceed fifty years, and the name of the city or town, and county, in which the principal place of business of the corporation is to be located.
Sec. 3. A copy of any certificate of incorporation filed in pursuance of this act, and certified by the county clerk of the county in which it is filed, or his deputy, or by the Secretary of State, shall be received in all courts, actions, proceedings, and places, as presumptive evidence of the facts therein stated.
Sec. 4. When the certificate provided for in section two of this act shall have been filed as therein provided, the persons who shall have signed and acknowledged the same, and such persons as shall thereafter become their associates or successors, shall be a body politic and corporate, and by their corporate name have succession for the period limited and power:
1. To sue and be sued in any court;
2. To make and use a common seal, and to alter the same at pleasure;
3. To leaze, purchase, hold, sell, mortgage, convey in trust, convey, release from trust or mortgage, such real and personal estate as hereinafter provided in this act;
4. To elect or appoint such officers, agents, and servants as the business of the corporation shall require;
5. To make by-laws, not inconsistent with the laws of this state, providing for the organization of the corporation and the management of its affairs.
Sec. 5. Corporations formed under this act may have a capital stock, and may issue certificates to represent shares of such capital stock; provided, that the certificate directed in the second section of this act to be executed and filed shall contain a statement of the amount of such capital stock and the number of shares into which it is divided; and provided, further, that the rights and privileges to be accorded to stockholders, as distinct from those to be accorded to members at large of the corporation, and the obligations to be imposed upon stockholders in the same relation, shall be fixed and established in the by-laws of each of such corporations.
Sec. 6. Corporations formed under this act may confer upon a board of trustees or directors, or upon a body to be styled the executive committee of the corporation, the right to exercise all or any portion of the corporate powers of the corporations; provided, that the certificate directed by the second section of this act to be executed and filed in those cases in which the right to exercise the corporate powers is confined to a board of trustees or directors, or to a body to be styled the executive committee of the corporation, shall state the fact, and also whether the right is limited or otherwise; and in such corporations the said certificate shall also state the number of such trustees or directors, or committee, and the names of those who shall have been selected to manage the affairs of the corporations for the first six months.
Sec. 7. Corporations formed under the provisions of this act shall be capable in law to lease, purchase, have,
hold, use, take possession of, and enjoy, in fee simple or otherwise, any personal or real estate within this state necessary for the uses and purposes of such corporation, and the same to sell, lease, deed in trust, alien, and dispose of at their pleasure. All real estate owned by the corporation shall be held in the name of the same, and all conveyances made by such corporation shall be signed by the president and secretary, and attested by the corporate seal; provided, that no corporation formed under this act shall engage in any mercantile, commercial, or mechanical business. (Amendment approved March 10, 1885; Statutes and amendments 1885, 76; took effect from passage; repealed conflicting acts.]
See note under sec. 12, post.
[Act to legalize defective acknowledgments taken under this act: See ante, Statutes at Large, title “Acknowledgments.'']
Sec. 8. The by-laws of all corporations formed under the provisions of this act without capital stock shall prescribe how members of the corporation shall be admitted, and how expelled, and how officers, agents, and servants shall be elected or appointed; and such provisions in the by-laws of any such corporation shall have full force and effect as between private parties and said corporation,
Sec. 9. Corporations formed under the provisions of this act shall determine by their by-laws the manner of calling and conducting their meetings, the number of members that shall constitute a quorum, the manner of levying and collecting assessments, the officers of the same, and the manner of their election or appointment, and their tenure of office; and may prescribe suitable penalties for the violation of their by-laws, not exceeding in any case one hundred dollars for any one offense.
Sec. 10. Corporations formed under the provisions of this act having no board of trustees, or directors, or executive committee, shall have power to levy and collect from the members thereof, for the purpose of paying the proper and legal expenses of such corporation, assessments in the manner which may be prescribed by the by-laws of such corporation, and not otherwise.
Sec. 11. Any existing corporation, association, or institution formed for either of the purposes contemplated by this act, may, by a vote of a majority of the members voting at a meeting called specially for the purpose, become entitled to the benefit of this act on filing the certificate required by this act; provided, a notice of the meeting and its object shall be published in a paper of general circulation in the county in which the principal place of business of such corporation, association, or institution is located, for at least ten days previous to the day on which such meeting is to be held; and provided, further, that the cer
tificate herein provided to be filed shall be signed and acknowledged by at least five of the members of such corporation, association, or institution, and contain a list of the members who desire to become members of the corporation. And upon the filing of such certificate as provided by this act, the persons signing and acknowledging the same, and those named therein, and such persons as shall thereafter become their associates or successors, shall be a body politic and corporate, with all the powers and privileges conferred by this act, and shall thereupon succeed and become entitled to all the rights, franchises, and property of such corporation, association, or institution.
Sec. 12. This act shall be in force from and after its passage; and all corporations formed under it are hereby exempted from the operation of all laws and parts of laws inconsistent with its provisions.
Section 7 of the above act contained a proviso originally limiting the amount of realty that could be held by incorporations under this statute to two hundred and fifty thousand dollars. This section was amended in 1868 by an act approved January 14, 1868, enlarging the amount to three hundred and fifty thousand dollars. The amendment of 1885 removes the limit altogether.
This act came within the provisions of the repealing clause in section 288, Civil Code. It was, however, amended by the act of 1885, page 76, and is therefore set out in full.
An act to limit the meaning of the word “conspiracy,” and also
the use of "restraining orders” and “injunctions," as applied to disputes between employers and employees in the state of California.
[Approved March 20, 1903; Stats. 1903, 289.]
§ 1. Limiting definition of term “conspiracy.”
Section 1. No agreement, combination, or contract by or between two or more persons to do or procure to be done, or not to do or procure not to be done, any act in contemplation or furtherance of any trade dispute between employers and employees in the state of California shall be deemed criminal, nor shall those engaged therein be indictable or otherwise punish