Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1901-02-26

fining, limiting and regulating the
powers of the corporation, the directors
and the stockholders, or any class or
classes of stockholders; provided such
provision be not inconsistent with the
law of this State.
II such corporation desire to hold
more than ten thousand acres of land
in this State, the agreement shall set
forth the maximum number OF acres
it desires to hold. If the corporation
thereafter desire to increase such mix
imum number it shall proceed in the
manner prescribed in section twenty
n of this chapter.
For each and every acre of land in
excess of ten thousand acres, and for
each acre IN excess of the original
number in case of increase of maxi
mum number, the Secretary of State
shall collect at the time of issuing the
certificate of incorporation or the GER
tihcate of increase, the sum of five
cents, which AMOUNT he shall report
and pay into the State treasury accord
ing to section ninety-two Of chapter
thirty-two of the Code.
IOEHH vi
The parties desiring to become a cor
poration for any purpose or business
designated in the second section, ex-
cept for railroad purposes, shall file
with the secretary of State an agree
ment to the following effect:
First. The undersigned agree to be-
ONE a corporation by the name.
Second. The principal place of bust
ness of said corporation shall be To-
Gated there insert town or city and
street and number, if any in the coun-
ty of ........, and State of. .........
and its chief works shall be located in
the (here insert district and county, ~
in tbs State: and if not in this State,
then insert State, Territory or county
in which chief works are located.)
Third. The object and purposes for
which this corporation is formed are
as follows: (here insert fully the OBJ
jeets and purposes for which the cor
poration is formed, the kind and char
acter of business in which it is to n
gage, and if it desires to hold more
real estate within this State than ten
thousand acres, the number of acres
desired.)
Fourth. The moun of the total au-
thorized capital stock of said corpora
ton shall be (here insert maximum
amount of capital stock. which shall
he divided into ........ shares of the
par value of ........ dollars each, of
which said authorized capital the
amount of .......... dollars has been
paid. OF more than one class of stock
is desired, here insert description of
the different kinds or classes and the
terms and sonditions upon which each
is to be issued.)
Fifth. The names and p~ostoffice ad-
dresses of the incorporators and the
number of shares of stock subscribed
for by each, are as follows: (Here in
sert the names and p~ostoffice addresses
of the incorporators and the number
of shares subscribed by each.)
Sixth. This corporation is to expire
o nthe ............ Gnsert date of ex-
piration desired, as provided in section
eleven.)
Seventh. (The incorporators may
here insert any provision desired for
the regulation of the business and
conduct of the affairs of the corpora
ton; and any provision creating, de-
filming, limiting and regulating the
powers thereof, and of the directors
a stockholders, or any class or
classes of stockholders, not inconsist-
ent with the laws Of this State.)
Given under our hands this ........
Uncorporators sign here.)
That section ten of chapter ffty-four
of the Code be and the same is hereby
amended and re-enacted so as to read
as follows:
Certificate of Corporation.
10. When a certificate of ~incorpora-
ton shall be issued by the Secretary
of State, pursuant to this chapter, the
incorporators named in the agreement
recited therein and who have signed
the same, and their successors and
their assigns shall, from the date of
the said certificate until the time des-
ignated in the said agreement for the
expiration thereof, unless sooner dis
solved according to Law. be a corpora
ton by the name and for the purpose
and business therein specified. And the
said certificate of Incorporation shall
be received as evidence of the existence
OF the corporation as aforesaid. ANY
6Gorporation, except railroad compa-
MES, may agree to and adept a new
agreement, so as to enlarge or dimin-
ish the objects and purposes for which
it was Incorporated, by signing and
acknowledging a new agreement. in
all respects as the original agreement
was signed and acknowledged. Such
new agreement must be signed and ac-
knowledged by the holders of a major
ity Of the stock Of the corporation. and
a resolution showing that such new
agreement has been made must be
spread upon the minutes OF the stock
holders meeting, and concurred in BY
the holders of a majority of the stock.
When such new agreement is made the
same and a certified copy of such reso-
luton under the hand Of the presi-
dent Of the corporation and the seal
of the corporation, shall re delivered
to the Secretary of State. and the Sec
rotary of Sta.e shall issue his certif-
cate in the form prescribed in the ninth
section of this chapter. so far as the
name may be found applicable: and
from .nence such Incorporation shall be
subject to such new agreement and
certificate. And all the provisions of
this chapter shall apply to such new
certificates and to the corporations re-
ceiving the same, In like name as
| to original agreements and certificates