New Jersey Statutes 16:1-28. Saving of rights under charters granted by Great Britain
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Terms Used In New Jersey Statutes 16:1-28
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
Rev.1877, p. 960, s. 12 (C.S. p. 4311, s. 12), being section twelve of an act entitled “An act to incorporate the trustees of religious societies,” approved April ninth, one thousand eight hundred and seventy-five, saved from repeal. [This section vested property held under charters of incorporation granted by Great Britain in corporation created in place thereof.]