Page:United States Statutes at Large Volume 71.djvu/610

From Wikisource
Jump to navigation Jump to search
This page needs to be proofread.
[71 Stat. 574]
PUBLIC LAW 000—MMMM. DD, 1957
[71 Stat. 574]

674

PUBLIC LAW 85-254-SEPT. 2, 1957

[71 S T A T.

shares, unless two or more classes of shares are issued in which event it shall be adopted upon receiving the affirmative vote of a majority of the outstanding shares of each class issued. " (b) Upon such approval being given by the shareholders, a statement of incorporation shall be executed in duplicate by the corporation by its president or a vice president, and verified by him, and the corporate seal shall be thereto affixed, attested by its secretary or an assistant secretary, and shall set forth— "(1) the name of the corporation, which shall contain the word 'corporation', 'company', 'incorporated', or 'limited', or shall end with an abbreviation of one of said words; "(2) the address, including street and number, if any, of its registered office in the District of Columbia, and the name of its registered agent at such address; "(3) the purpose or purposes for which the corporation was organized and which it will hereafter carry on; " (4) the aggregate number of shares which the corporation was authorized to issue and, if said shares were of one class only, the par value of each of such shares, or a statement that all were without par value, as the case may he; or if said shares were divided into classes, the number of shares of each class and a statement of the par value of each share of each such class or that such shares were without par value; "(5) if the shares were divided into classes, the designation of each class and a statement of the preferences, qualifications, limitations, restrictions, and the special or relative rights in respect of the shares of each class and whether the shares of any class have full, limited, or no voting power; "(6) a statement that the corporation elects to avail itself of the provisions of this Act and become incorporated thereunder; "(7) the number of directors of the corporation, and a statement that the board of directors adopted a resolution declaring it advisable in the judgment of the board that the corporation should elect to avail itself of the provisions of this Act and become incorporated hereunder; " (8) the aggregate number of shares outstanding of each class; and "(9) the number of shares of each class voted for and against such incorporation. "(c) I t shall not be necessary to set forth in the statement of incorporation any of the corporate powers enumerated in this Act. " (d) Duplicate originals of the statement of incorporation shall be delivered to the Commissioners, together with a copy of the corporation's charter or articles or certificate of incorporation then in effect, certified by the secretary of the corporation. If the Commissioners find that the statement of incorporation conforms to law, they shall, when all fees and charges have been paid as in this Act prescribed— "(1) endorse on each of such duplicate originals the word 'Filed' and the month, day, and year of the filing thereof; " (2) file one of such duplicate originals in their office, together with said copy of the corporation's charter or articles or certificate of incorporation as then in effect; "(3) issue a certificate of incorporation to which they shall affix the other duplicate originals; and "(4) deliver such certificate of incorporation and other duplicate original to the corporation or its representative." D. c. Code 29SEC. 34. Section 142 of said Act is amended by striking the title ^^^^ and inserting in lieu thereof the following title: "Effect of Issuance of Certificate of Reincorporation or Incorporation." Said section is