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O.C.G.A. § 52-4-5 — Petitioners as constituting first board of directors; election of officers; prescription of rules and bylaws; opening books of subscription for capital stock | Georgia Code

O.C.G.A. § 52-4-5 (2018) Copy Cite Official Site Syfertize CourtListener Scholar Amendments

TITLE 52 WATERS OF THE STATE, PORTS, AND WATERCRAFT

Section 4. Canal Companies, 52-4-1 through 52-4-16.

ARTICLE 2 RIGHT OF PASSAGE

52-4-5. Petitioners as constituting first board of directors; election of officers; prescription of rules and bylaws; opening books of subscription for capital stock.

The petitioners shall constitute the first board of directors; they shall organize by electing one of their number president and such other officers as may be necessary, prescribe rules and bylaws, and open books of subscription for the capital stock.

(Ga. L. 1893, p. 81, § 2; Civil Code 1895, § 1988; Civil Code 1910, § 2369; Code 1933, § 17-104.)

RESEARCH REFERENCES

Am. Jur. 2d.

- 18 Am. Jur. 2d, Corporations, §§ 9, 38, 39, 46, 47, 51, 52, 62, 63, 65, 66, 69, 82, 86. 18A Am. Jur. 2d, Corporations, § 931.

C.J.S.

- 18 C.J.S., Corporations, §§ 82, 91, 93 et seq., 110, 225, 256, 260, 329. 19 C.J.S., Corporations, § 796 et seq.

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This Georgia Code resource is curated by Graham W. Syfert, a personal injury and workers' compensation attorney admitted in Georgia (State Bar of Georgia No. 881027, since 2006) and Florida. For legal consultation, call 904-383-7448.