the board of directors of said company duly adopted, and the same is payable to the treasurer of the company on or before the day of, 19—.

Secretary.

Form 3188.

Notice of Assessment of Capital Stock.

Notice is hereby given that at a meeting of the directors of the Northern Fire & Marine Insurance Company, held on the day of 19-, an assessment of $10.00 per share was levied upon the capital stock of the corporation, pursuant to notice received from the commissioner of insurance of the state of North Dakota, that the capital of said company was impaired. and would have to be made good.

Further, said assessment is made payable on the day of, 19—, to the treasurer of said corporation at its office. in the city of Grand Forks, State of North Dakota, and any stock upon which this assessment is not paid within sixty days after the 19, shall be forfeitable and may be canceled by a vote of the directors, and new shares issued to make up the deficiency.

day of

Dated this

day of

19-.

(Signature.)

Secretary of the Northern Fire & Marine Insurance Company, Grand Forks, North Dakota.

(Construed in Porter v. Northern Fire & Marine Ins. Co., 36 N. Dak. 199, 161 N. W. 1012.)

Form 3189.

Assessment of Stock by Referee in Bankruptcy.

And now, to wit, this

day of

A. D. 19-, on the petition of the trustee in bankruptcy of the estate of said bankrupt, and on the order to show cause dated signed by referee in bankruptcy, why

should not be assessed in the sum of $

19

and

on each share

of stock of the said bankrupt company subscribed to by them, and it appearing that personal service of said order to show

cause has been made on said, and that he has subscribed and not paid for 750 shares of stock of said bankrupt, and an answer having been filed and testimony having been taken, and after hearing, Esq., for the petition, and opposition, and after due deliberation had,

Esq., in

is liable in the sum of

It is ordered and decreed that $ on each of 750 shares of the stock of said Eureka Furniture Company, Ltd., subscribed for by him, and that each share of stock subscribed for by him be assessed in said sum, and that he is liable in the sum of $- on his said subscription to the trustee of the estate of said Eureka Furniture Company, Inc., bankrupt, in said sum, and that he make payment thereof to trustee in bankruptcy of the Eureka Furniture Company, Inc., bankrupt, at his office within one week from the date of this order, and on or before the day of A. D. 19—; said subscription when paid and collected to become part of the assets of the said bankrupt estate, and to be accounted for and distributed under the orders of said court. In default of such payment,, trustee of the estate of said bankrupt, is hereby authorized and directed to institute such proceedings against said as are necessary to recover the said sum due by him on said stock either at law or in equity.

(Signed.)

(Involved in In re Eureka Furniture Co., 170 Fed. 485.)

Referee.

Form 3190.

Waiver of Notice of Assessment.

The undersigned, subscribers to the capital stock of the Company, a corporation created under the laws of the state of

do hereby waive all legal notice, by publication or otherwise, of the time and place and manner of making payment of our several subscriptions, and of the meeting to determine the same, and we hereby severally agree to pay any part or all of the same at such time or times, and in such amounts, as the board of directors may in its discretion designate. Witness our signatures, this

day of

19-.

Witness:

Form 3191.

Making Calls-Resolution.

Resolved, That a call be and is hereby made of

dollars

per share on the unpaid capital stock of this company, and that the same be payable to the treasurer of this company at the office of the company on or before the

day of

19-.

Form 3192.

Making Calls-Resolution-Another Form.

On motion the following preamble and resolutions were unanimously adopted:

Whereas, the subscriptions to the capital stock of this company are payable at such times and on such terms as the board of directors may determine; and

Whereas, the law requires at least per cent. of said capital stock to be paid within months after the incorporation; and

Whereas, this company is in need of funds with which to start and carry on its business,

Therefore, Be It Resolved, That the subscribers to the capital stock of this company be and they are hereby required to pay their subscriptions as follows:

Twenty-five per cent. thereof to be paid on or before the first Monday of July, 19

Twenty-five per cent. to be paid on or before the first Monday of October, 19—.

Twenty-five per cent. to be paid on or before the first Monday of January, 19—.

Twenty-five per cent. to be paid on or before the first Monday of April, 19.

That said sums be paid to the treasurer at the office of this company, No. 200 Main street, in the city of, county of State of

And. Be It Further Resolved, That the secretary of this company notify each of the subscribers to the capital stock of this company of the time and place of the payment of said calls.

Form 3193.

Directors' Resolution-Forfeiting Stock.

Resolved, That the capital stock upon which assessments levied have not been paid be, and the same is, hereby declared forfeited: Provided, however, that the secretary notify each stockholder who has failed to pay his assessments to do so, with interest, within thirty days after such notification, which notification shall be sent by mail to last known address of said stockholder; otherwise his stock is forfeited, and the capital stock of each stockholder complying with such notification is exempt from forfeiture.

(Construed in Crissey v. Cook, 67 Kans. 20, 72 Pac. 541.

Form 3194.

Declaring Forfeiture of Stock and Order of Sale.

Whereas, the board of directors of the Ice Company did, on the day of day of, 19—, by resolution duly adopted, make an assessment and call upon all the capital stock of this company of twenty-five per cent., the same being $25.00 per share on each and every share of the capital stock of said company, and which said call and assessment was by said resolution made payable on the

day of

19—; and

Notice of assessment.

Whereas, this corporation did on the said —

day of

19, give notice of said assessment and call to L M, a stockholder in said— Ice Company, as provided by the by-laws of said company; and which said notice was duly served on the said L M on the said 19-, by delivering a copy thereof to him, and which said notice is in these words and figures: (here insert notice as Forms 3606, 3607); and

day of

Lapse of time.

Whereas, more than thirty days have elapsed since the time set for the payment of such assessments and calls and from the time they were due and payable as required by the said resolution and notice so given as aforesaid; and

Amount due.

Whereas, there is now due and unpaid from the said L M as such stockholder to this company upon such assessment and call

day of

the sum of $250.00 on his ten shares of the capital stock of this company, as evidenced by certificate numbered 15, issued and dated on the 19, to the said L M, at the par together with interest thereon since 19-; and

value of $100.00 per share, the said

day of

Default.

Whereas, the said L M has failed, neglected and refused to pay said assessment and call, and the said sum of $250.00, with interest thereon;

Order of forfeiture.

Now, therefore, it is hereby ordered by the board of directors of the said Ice Company, that the said ten shares of the capital stock of this company, as evidenced by certificate numbered 15, issued and dated on the day of, 19—, to the said L M, and so owned by said L M, be, and they hereby are forfeited for the failure to pay said assessment and call and for failure to pay the said sum of $250.00, with interest due thereon; and it is hereby ordered by this board, that the title of the said L M in and to the said ten shares of stock so owned by him shall be and it is now hereby forfeited to this company; and it is ordered that the said L M, by reason of said delinquency, forfeit to this company all his right, title and interest in and to the said ten shares of the capital stock of this company.

Order of sale.

It is further hereby ordered by the board of directors that such ten shares of stock or such part thereof, or so many shares thereof as may be necessary to pay and satisfy the said sum of $250.00, with accrued interest, and the costs and expenses of said sale, be sold at public auction at the office of this company, No. 200 West Main Street, in the city of Jersey City, State of New Jersey, on the day of 19-.

Notice of forfeiture.

It is further ordered that the secretary of this company give due and proper notice of the forfeiture of said stock and of the time and place of the sale thereof.

Manner of sale.

It is further ordered that the treasurer of this corporation shall make the sale of said stock at public auction at the time and place as herein fixed and pursuant to notice duly given, and that he sell the said shares of stock, or so many of said shares