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70. Upon reorganization company may issue bonds and stock to creditors.
Power of receiver to examine witnesses, etc.
71.
73.
Acts of majority of receivers or trustees valid; receivers may be
removed and others appointed
Inventory and report.
75. Court may limit time to present and make proof of claims.
76. Claims to be upon oath.
77. Trial by jury allowed at the circuit.
78. Persons aggrieved by proceedings may appeal to court of chancery.
79. Upon application receiver to be substituted as plaintiff in suits pend-
ing at time of appointment.
80. Actions not to abate by death of receiver.
81.
Court may order receiver to sell incumbered property in litigation
free of liens.
82. Receiver of railroad, public work, etc., may sell or lease principal
work, franchise, etc.
83. Laborers and workmen to have first lien on assets.
84.
Such lien to be prior to all other liens; exception.
85. Compensation of receivers.
86. Distribution; how made.
VIII.-Service of Process.
87. Process against corporations of this state.
87a. Service of declaration on corporation.
88. Process against foreign corporations.
89. When defendant in court.
90. Proceedings when summons not served; order for publication. Action a lien on land.
91.
92.
IX. Remedies Against Officers and Stockholders.
Action for liability imposed by act; remedy in chancery.
93. Stockholders, etc., who pay company's debts may recover.
94. Property of directors, etc., not to be sold for company's debt until
remedy against the company has been exhausted.
X.-Foreign Corporations.
95. Foreign corporation may hold and convey lands, etc.
96. Foreign corporations subject to this act.
97.
To file copy of charter, statement, etc., before commencing business.
98. Cannot maintain action until certificate of secretary of state is
99.
100.
obtained.
On death of agent another to be appointed; penalty for failure.
Unlawful to transact business until authority is obtained.
ΙΟΙ.
I02.
103.
To pay same taxes, etc., required of New Jersey corporations in
other states.
Service of prerogative writ against foreign corporation.
How writs may be enforced upon failure to make return, etc.
XI.-Merger of Corporations.
104. Corporations of this state may merge and consolidate.
105. How consolidation or merger shall be made.
106.
Corporations merged or consolidated shall be one corporation.
107. Upon merging or consolidating, rights, etc., to be vested in new
corporation.
108. Dissenting stockholder may petition court for appointment of
appraisers.
109. Consolidated corporation authorized to issue bonds and mortgage
property.
110.
XII. Taxation.
Real and personal property; how taxed.
XIII.-Lost Certificates of Stock.
III.
112.
113.
New certificates of stock may be issued for certificates lost or
destroyed.
Proceedings in case of refusal to issue new certificate of stock.
Court may proceed in summary manner.
XIV.-Fees on Filing Certificates; Sundry Provisions.
114.
Fees on filing certificates.
115. Surviving incorporators may designate others for organization.
116. Mutual association may create capital stock.
117. Secretary of state to compile and publish list of corporations.
118. Repealer; vested rights not impaired.
119. Corporations may extend corporate existence.
REORGANIZATION OF CORPORATIONS.
150. Property and franchises of certain corporations sold by order of
court, to be vested in purchasers; purchasers may become a new
151.
152.
Purchasers may meet and organize new corporation.
To adopt name and seal and fix capital stock.
153. May issue preferred stock.
154. May borrow money and provide for repayment.
Not to plead statute against usury.
155.
156.
Certificate to be filed in office of secretary of state.
200.
201.
202.
203.
204.
205.
FRANCHISE TAXES.
Certain corporations to pay annual license tax.
Officers to make annual report to state board of assessors.
Penalties for false statement or failure to make statement.
Amount of tax to be paid by corporations.
Duties and powers of state board of assessors.
Tax to be a debt; how collected; preferred debt in case of insol- vency.
206. Injunction against company in arrears for three months.
207.
208.
209.
210.
211.
212.
213.
214.
215.
Act not to apply to foreign fire insurance companies.
For failure for two years to pay state tax, charter void, unless gov-
ernor gives further time.
Comptroller to report list of delinquents. Governor to issue procla-
mation declaring repeal of charter.
Proclamation to be filed and published.
Penalty for exercising powers under charter after proclamation.
Attorney-general may proceed against corporations in arrears;
receiver may be appointed.
Governor may correct mistake where corporation inadvertently
reported.
Governor, with advice of attorney-general, may renew void charters.
Proceedings for readjustment of excessive or unjust assessment.
216. Right of appeal waived after three months.
217. Taxes illegally assessed to be refunded.
MISCELLANEOUS ACTS.
250. Expenses of investigating to be paid by delinquent corporations.
Certain words not to be part of name of corporation.
Corporations not to use said words by amendment.
251.
252.
253.
254.
Existing corporations not affected.
Liabilities created by statutes of other states nor enforceable in this
state.
255. Same subject.
256.
257.
258.
259.
Certain corporations required to pay employés wages at least every
two weeks.
Corporation may lease its property and franchises to another corpo-
ration.
Chancellor may summarily investigate complaints touching elec-
tions.
Errors and omissions in certificate of incorporation cured by amend-
ment.
260. Shares of stock may be taken and sold on execution.
261. Officer having custody of books to give certificate to sheriff.
262. Proceedings when such officer is a non-resident; notice of levy.
263. Non-resident officer to return statement and certificate, etc.; pen- alty for failure, etc.
CRIMES ACT.
167.
172.
Embezzlement.
Directors fraudulently appropriating property.
173. Keeping fraudulent accounts.
174.
175.
179.
Willful destruction, alteration, etc., of books, etc.
Publishing false statements.
Embezzlement by agents, etc.
Issuing false stock.
61.
CRIMINAL PROCEDURE ACT.
Summons against corporations, how issued and served.
62. Proceedings after return
served," etc.
21.
22.
ACKNOWLEDGMENT AND PROOF OF DEEDS, ETC.
What instruments may be acknowledged.
Acknowledgments taken in New Jersey.
23. Acknowledgments taken out of New Jersey and in United States.
24. Acknowledgments taken out of United States.
30. Appointment of foreign commissioners.
32.
Certain commissioners may reside in this state.
35. Foreign commissioners must use seal.
36. Fees.
I.
2.
GENERAL ASSIGNMENT ACT.
Assignments must be for equal benefit; preferences void.
Contents of assignment; acknowledgment and record.
3. Duty of assignee.
4.
5.
List of creditors filed by assignee with surrogate; court may extend
time.
Creditor must set forth in claim any pledge he may hold.
15
Powers of assignee as to disposition of estate.
16. Transfer of property within two months of assignment to give
17.
preference void; property may be recovered.
When court may appoint another assignee.
18. Inventory, etc.; surrogate's fees.
19. Compensation of assignee.
23.
Claims not exhibited within three months barred.
Rights of creditors not exhibiting claims.
Power of court to compel assignee's performance of duty.
24. Assignment by corporation.
25. Partnership assignment.
26. Compromise; action of court.
27. Appeal to prerogative court.
28.
29.
Time within which action may be brought against assignee.
Repealer; saving clause.
NOTES OF DECISIONS.
PRECEDENTS AND FORMS.
APPENDIX I.
Schedule of Fees and Taxes.
APPENDIX II.
Stamp Taxes.
INDEX TO FORMS.
GENERAL INDEX.