Putnam's Handy Law Book for the Layman - BestLightNovel.com
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4. The existence of this corporation shall commence on the first day of ________, A.D., 19__, and continue during the period of ________ years.
5. The business of said corporation shall be conducted by a board of directors not to exceed five in number, to be elected by the stockholders; such election to take place at such time and be conducted in such manner as shall be prescribed by the by-laws of said corporation.
6. The officers of said corporation shall be a president, secretary and treasurer, who shall be chosen by the board of directors, and shall hold their office for the period of one year, and until their successors shall be elected and qualified.
7. The highest amount of indebtedness to which said corporation shall at any time subject itself shall be not more than ________ thousand dollars.
8. The manner of holding the meetings of stockholders for the election of officers, and the method of conducting the business of the corporation, shall be as provided by the by-laws, adopted by the board of directors.
In witness whereof, the undersigned have hereunto set their hand this ____ day of ________ A.D., 19__.
________, ________, ________ ________, ________, ________
State of ________} ________ County. }
On this ____ day of ________, 19__, before me, A.B., a justice of the peace, in and for the said county, personally appeared the above named ________, ________, ________, ________, who are personally known to me to be the identical persons whose names are affixed to the above articles, as parties thereto, and they severally acknowledged the instrument to be their voluntary act and deed.
Witness my hand the date aforesaid.
A.B.
Justice of the Peace.
