 | J. C. Wells, Frank L. Wells, Edward Warren Hines, Horace C. Brannin, William Pope Duvall Bush, Findlay Ferguson Bush, William Cromwell, W. J. Chinn, Walter G. Chapman, R. G. Higdon, Thomas Robert McBeath - 1905 - 1408 sider
...reads as follows: "No corporation shall engage in business other than that expressly authorized by Its charter, or the law under which it may have been or hereafter may be organized, DIT ehall it hold any real estate, except such as may be proper and necessary... | |
 | Martha Uboe Overland - 1905 - 472 sider
...as trust companies. § 296; L. 1905, Chs. 103, 259, 279, 290, 392(2) Purpose for which it is formed. No corporation shall engage in any business other than that expressly authorized by its charter. Const., Art. XII, § 9. (3) Place where its principal business is to be transacted.... | |
 | 1905 - 332 sider
...the charter to the new constitution, and that instrument, in article xvi, section 6, provides that "no corporation shall engage in any business other than that expressly authorized by its charter." The charter does not and did not in express terms, confer any such power, but, as... | |
 | Harvey White Magee - 1906 - 864 sider
...Constitutions of the various States generally have a provision that no corporation shall engage in any other business other than that expressly authorized in its charter, or the law under which it may have been incorporated. 1 The National Banking Act expressly limits the exercise of the powers delegated to national... | |
 | William Lamartine Snyder - 1906 - 654 sider
...manufactures on its railroad or canal, not exceeding fifty miles in length." Const., Art. 17, § 5. " No corporation shall engage in any business other than that expressly authorized in its charter, nor shall it take and hold any real estate except such as may be necessary and proper for its legitimate... | |
 | William Lamartine Snyder - 1906 - 250 sider
...mamif acturies on its railroad or canal, not exceeding fifty miles in length." Const., Art. 17, § 5. " No corporation shall engage in any business other than that expressly authorized in its charter, nor shall it take and hold any real estate except such as may be necessary and proper for its legitimate... | |
 | California. Supreme Court - 1906 - 862 sider
...— The provision of section 9 of article XII of the constitution, that "no corporation shall . . . hold for a longer period than five years any real estate, except such us may be necessary for carrying on its business," though mandatory and prohibitory, does not provide... | |
 | 1906 - 534 sider
...amount of capital stock, but this does not apply to religious, benevolent, or educational corporations. No corporation shall engage in any business other than that expressly authorized by its charter, nor issue stock or bonds except for money, labor done, or money or property actually... | |
 | 1906 - 538 sider
...amount of capital stock, but this does not apply to religious, benevolent, or educational corporations. No corporation shall engage in any business other than that expressly authorized by its charter, nor issue stock or bonds except for money, labor done, or money or property actually... | |
 | Alabama - 1907 - 1132 sider
...power. — Southern Co. v. State, 133 Ala. 624. See, also, Phoenix Co. v. State, 118 Ala. 143. Sec. 5. No corporation shall engage in any business other than that expressly authorized in its charter. Sec. 6. No corporation shall issue stock or bonds except for money, labor done, or money or property... | |
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No corporation shall engage in any business other than that expressly authorized in its charter, nor shall it take or hold any real estate except such as may be necessary and proper for its legitimate business. 
