376.060. Stock companies--content of charter. - Missouri Statutes

Stock companies--content of charter.

376.060. When such corporators propose to form a joint stockcompany for the purposes designated in section 376.010, thecharter comprised in the declaration mentioned in section 376.050shall set forth

(1) The name assumed by such corporation and by which itshall be known;

(2) The place where the principal office for the transactionof its business shall be located;

(3) The specific kind or kinds of business which it proposesto transact;

(4) The amount of its capital stock, and the number ofshares into which it shall be divided, and the manner in which itshall be paid up or secured;

(5) The manner in which the corporate powers granted bysections 376.010 to 376.670 shall be exercised, showing thenumber of directors, which shall not be less than nine or morethan twenty-one, their powers and duties, the manner of electingthem, the mode of filling vacancies, and such other particularsas may be necessary to make manifest the objects and purposes ofthe corporation, and the manner in which it is to be conducted.

(RSMo 1939 § 5804, A.L. 1943 p. 609)

Prior revisions: 1929 § 5694; 1919 § 6105; 1909 § 6899