Page:United States Statutes at Large Volume 31.djvu/1340

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12 88 FIFTY-SIXTH CONGRESS. Sess. II. Ch. 854. 1901. I“SP°°‘·i°*‘°*b°°k“· Sec. 631. INsrEG·r1oN or BooKs.—Every officer or agent of any com any who shall neglect to make any proper entry in such book, or shall) refuse or neglect to exhibit the same, or allow the same to be insgectedémd extrapts to ble taken there§rolp1, as herein prplyided, shgl be eeme ui ty 0 a mis emeanor, an the company s a pay to the party injurgd a penalty of fifty dollars for any such neglect or refusal, Hmm, for mmm and all amages resulting therefrom. _ ,0 keep {mk Open ,0 Sec. 632, Every company that shall neglect to keep such book open i¤spe¤¤i¤¤. for inspection, as provided in section six hundred and twenty-eight, shall forfeit to the United States the sum -0f fifty dollars for every day it sliallleo neglect, to be sued for and recovere in the supreme court cf the istrict. t,gj;§,°g§(j;g’{f d““i““‘ Sec. 633. INCREASE on 1>1M1NU:r1oN or STOCK.-·ADy company which may be formed under this subchapter may increase or diminish its capital stock, by complying with the provisions of this subchapter, to any amount which may be deemed sufficient and proper for the purposes of the corporation, and may also extend its business to any other business authorized hereby, subject to the provisions and liabilities of this subcha ter.

ggg;}f“°“ °* di’“*‘ Sec. 634.?Before any corporation shall be entitled to dirniiiishthe

alrpepnt of capital sttoek, iflttlfe amlpuplt 1ts debtel 2.11% habiihtigs s a excee eamoun o ca 1a ow 10 1 IS ro ose 0 ere uce , such amount of debts and lialgilities shall be satisiidd and reduced so as not to exceed such diminished amount of capital. C lI_€,§,§§,§"§,Q‘;°,§§;§fé Sec. 635. Whenever any company shall esire to call a meeting of

 the stockholders for the purpose of increasing or diminishing the

amount of its ca ital stock, or for extending or changing its business, it shall be the dlhty of the trustees or directors to publish a notice, signed by a majority of them, in a newspaper in the District, at least three successive weeks, and to deposit a notice thereof in the postoflice addressed to each stockholder at his usual place of residence, at least three weeks prelvioiis to tpe bday fixed upgn lfor holding spch meetin s eci rin the 0 `ect 0 the meetin an the time an p ace when agiill gvherg suih meeting shall be held. g gtgzogggjgggggeghafes Sec. 636. If, at any time and place speciBed in the notice provided for in the preceding section, stockholders shall appear by proxy or in person representing not less than two-thirds of all the shares of stock of the corporation, they shall organize and proceed to a vote of those present or by proxy. S . _ gggggggete <>f we SES. 63’Z. Ii, on canvessing tpe votes,_it shalllappeaiiltliattelsufficieujjs num er or vo es are in avor o increas1n or 1m1n1s ID e amoun of capital, or extending or changing the gbusiness of the? company, a certificate of the proceedings, showing a compliance with the provisions of this subchapter, tihedamoeint of capjtallecpually paid the business to which it is exten e or c an ed, thew o e amount 0 ebts and liabilities of the company, and the amount to which the capital shall be increased or diminished, shall be made out, signed, and verified by the affidavit of the ehairman, and be countersigned by the secretary. Hg§k¤;e**2&dgm¢¤t· Sec. 638. Such cert1Bcate shall be acknowledged by the chairman, g ’and Bled as required by section six hundred and six, and when so Bled the capital stock of such corporation shall be increased or diminished to the amount speciBed ixathle certiBcate, eine? tlge businiegs extelnded or chan ed accordin l ; an the company s a e entitle to the privi- _ legesgand provisiolilslf and be subject to the liabilities of this subchapter. 0fg§;§€QfH;;*§Sg;§;fdS fSec. 639. A igoiie if at least twogthirds of all the s(l11ares otf the eteplk 0 a com any s a e necessary o an increase or 1m1nu 1on 0 e amount olf its capital stock or the extension or change of its business. tggrgvgeyggtiicsts Sec. 640. Corr OF CERTIFICATE TO BE EVIDENQE.——A copy of any ` certificate of incorporation Bled in pursuance of this subchapter, cert1- Bed by the recorder of deeds to be a true copy and the whole of such