»  L.  1890,  c.  388,  §  2.  «  L.  1890,  c.  388,  §  3.
PAUT  II.
MANUFACTURING  CORPORATIONS.
CHAPTER  XVI.
MANUFACTURING  CORPORATIONS— PRELIMI-
NARY.
ACTS  GOVERNING — INCORPORATION — TRUSTEES — NEGLECT —
DISSOLUTION — STOCK — NON-PAYMENT — POWER  OP  TRUS-
TEES— STOCK — TRANSFER — EVIDENCE  OP  INCORPORATION
MANUFACTURERS  OP  CLAY  AND  EARTH — MAKING  BY-
LAWS— APPOINTING  FIREMEN — ARTICLES  EXEMPT  FROM —
DISTRESS — PIN  MANUFACTORIES — LEATHER  MANUFACTO-
RIES— MORTGAGES  BY,

Sec.  254.  Manufacturing  corporations — Acts  governing.
Sec.  255.  Same — Incorporation  of  Companies.
Sec.  256.  Same — To  be  bodies  corporate  and  politic.
Sec.  257.  Same — Trustees  to  be  annually  elected — Vacancy  in  the  office  of
trustees,  bow  filled — Number  not  to  exceed  nine.
Sec.  258.  Same — Company  not  dissolved  by  neglect  to  elect.
Sec.  259.  Same — Capital  stock — Shares  forfeited  for  non-payment.
Sec.  260.  Same — Powers  of  trustees.
Sec.  261.  Same — Stock  deemed  personal  estate  and  how  transferable — Stock-
holders responsible — Restriction  on  the  funds.
Sec.  262.  Same — Evidence  of  Incorporation.
Sec.  26.3.  Same — Manufacturers  of  clay  or  earth.
Sec.  264.  Same — Making  by-laws — Appointing  firemen.
Sec.  265.  Same — Certain  articles  to  be  exempt  from  distress  and  sale.
Sec.  266.  Same — Pin  manufactories  and  others  may  be  established.
Sec.  267.  Same — Manufactories  of  Morocco  and  other  leather.
Sec.  268.  Same — Power  to  give  mortgages — Doubts  having  existed.
Sec.  269.  Same — Act  continued  in  force.
Sec.  270.  Same — Act  revived.
Sec.  271.  Same — Act  amended.
Sec.    254.    Mannfacturing  Corporations— Acts  goyern-


556  INCORPORATION  OF  COMPANIES.
