INTRODUCTORY NOTE. This report deals with the statutory corporation law of the several States and Territories with regard to the following specific matters, viz: I. The amount of the authorized capital stock. II. The organization tax or license fee. III. The precise method of paying in the capital stock, whether cash, property, or no payment necessary. IV. The amount of the stockholders' liability for debts of the corporation. V. The statutory powers and limitations of corporations. (a) Their power to consolidate with other corporations. (b) Their power to lease or contract with other corporations. (c) Their power to own the stock of other corporations. (d) Limitations on character of business the corporation is permitted to carry on. Only such laws and enactments as apply to ordinary business corporations organized for pecuniary profit are included. The laws with regard to foreign, municipal, charitable, insurance, and banking corporations, loan associations and trust companies, and public or quasi-public corporations, such as railroads, express, canal, telephone, telegraph, gas, and electric-light companies are not given unless expressly so stated; and the terms "any corporation" and "other corporations" wherever used are to be understood as restricted to the field covered by this report. This report is complete down to and including all the published laws of 1899. 269 TABLE OF CITATIONS. Citations are made from the following codes and compilations in the various States and Territories: Alabama: Code of Alabama, 1896. Arizona: Revised Statutes of Arizona, 1887. Arkansas: Sandel and Hill's Digest of the Statutes of Arkansas, 1894. California: Deering's Annotated Codes and Statutes of California, 1885. Colorado: Mills's Annotated Statutes of Colorado, 1891. Connecticut: General Statutes of Connecticut, 1888. District of Columbia: Compiled Statutes of the District of Columbia, 1894. Florida: Revised Statutes, 1892. Georgia: Code of Georgia, 1895. Idaho: Revised Statutes of Idaho, 1887. Illinois: Starr and Curtis's Annotated Illinois Statutes, 1896. Indiana: Indiana Statutes, 1894. Indian Territory: Indian Territory Statutes, 1899. Iowa: McClain's Annotated Code of Iowa, 1888. Kansas: General Statutes of Kansas, 1889. Kentucky: Kentucky Statutes, 1894. Louisiana: Revised Laws of Louisiana, 1897. Maine: Revised Statutes of Maine, 1884. Maryland: Public General Laws of Maryland, 1888. Massachusetts: Public Statutes of Massachusetts, 1882. Michigan: Howell's Annotated Statutes and Supplement, 1890. Minnesota: Statutes of Minnesota, 1894. Mississippi: Annotated Code of Mississippi, 1892. Missouri: Revised Statutes of Missouri, 1889. Montana: Montana Civil Code, 1895. Nebraska: Compiled Statutes of Nebraska, 1895. Nevada: General Statutes of Nevada, 1885. New Hampshire: Public Statutes of New Hampshire, 1891. New Mexico: Compiled Laws of New Mexico, 1897. New York: General Laws of New York, 1896. North Carolina: Code of North Carolina, 1883. North Dakota: Revised Code of North Dakota, 1895. Ohio: Annotated Statutes of Ohio, 1897. Oklahoma: Statutes of Oklahoma, 1893. Oregon: Hill's Annotated Laws of Oregon, 1892. Pennsylvania: Pepper and Lewis Digest of the Laws of Pennsylvania (cited by topics), 1894. |