CORPORATIONS, ASSOCIATIONS, AND PROPRIETORS OF COMMON LANDS
Capital Stock and Shares
296:6 Payment; Certificate.
If any such corporation shall so vote, it shall thereupon cause to be filed in the office of the clerk of the town in which its principal place of business is located, and in the office of the secretary of state, a certified copy of the vote and a certificate under oath, signed by its treasurer and a majority of its directors, stating the total amount of capital stock which the corporation is authorized to issue, the total amount which it has voted to issue and that the whole amount of capital stock which the corporation has so voted to issue has been paid in in cash or property at a fair valuation.
Source. 1915, 80:1. PL 227:6. RL 276:6.