The Organization and Management of Business Corporations

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West publishing Company, 1905 - 246 pages

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Page 65 - We, the undersigned, in order to form a corporation for the purposes hereinafter stated, under and pursuant to the provisions of the Act of the Legislature of the State of New Jersey, entitled "An Act concerning corporations (Revision of 1896)," and the acts amendatory thereof and supplemental thereto, do hereby certify as follows: I.
Page 120 - A majority of the board of directors shall constitute a quorum for the transaction of business ; but if at any meeting of the board...
Page 75 - ... for as many persons as there are directors or managers to be elected, or to cumulate said shares, and give one candidate as many votes as the number of directors, multiplied by the number of his shares of stock, shall equal, or to distribute them on the same principle among as many candidates as he shall think fit...
Page 117 - Directors, a majority in interest of the stockholders present in person or by proxy may adjourn, from time to time, without notice other than by announcement at the meeting until holders of the amount of stock requisite to constitute a quorum shall attend. At any such adjourned meeting at which a quorum shall be present any business may be transacted which might have been transacted at the meeting as originally notified.
Page 124 - The vice president shall perform such other duties as from time to time may be assigned to him by the president or by the board of directors.
Page 71 - The directors shall from time to time determine whether and to what extent and at what times and places and under what conditions...
Page 70 - Any officer elected or appointed by the board of directors may be removed at any time by the affirmative vote of a majority of the whole board of directors.
Page 69 - In case of any vacancy in any class of directors through death, resignation, disqualification or other cause, the remaining directors, by affirmative vote of a majority of the board of directors, may elect a successor to hold office for the unexpired portion of the term of the director whose place shall be vacant, and until the election of a successor.
Page 65 - County of Hudson. The name of the agent therein, and in charge thereof, upon whom process against the corporation may be served, is Hudson Trust Company.
Page 128 - ... after reserving over and above its capital stock paid in, as a working capital for said corporation, such sum, if any, as shall have been fixed by the stockholders! declare a dividend among its stockholders of the whole\ of its accumulated profits exceeding the amount so reserved...

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