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Texas Vernon's Texas Civil Statutes - Article 6262. Articles Of Incorporation

Legal Research Home > Texas Lawyer > Vernon's Texas Civil Statutes > Texas Vernon's Texas Civil Statutes - Article 6262. Articles Of Incorporation

Art. 6262. [6408] [4352] [4101] ARTICLES OF INCORPORATION. The persons proposing to form a railroad corporation shall adopt and sign articles of incorporation, which shall contain: 1. The name of the proposed corporation. 2. The places from and to which it is intended to construct the proposed railroad, and the intermediate counties through which it is proposed to construct the same. Local suburban railways may be constructed for any distance less than ten miles from the corporate limits of any city or town, in addition to such mileage as they may have within the same; and in such case the general direction shall be given from the beginning point. 3. The place at which shall be established and maintained the principal business office of the proposed corporation. 4. The time of the commencement and the period of the continuation of the proposed corporation. 5. The amount of the capital stock of the corporation. 6. The names and places of residence of the several persons forming the association for incorporation. 7. The names of the members of the first board of directors, and in what officers or persons the government of the proposed corporation and the management of its affairs shall be vested. 8. The number and amount of shares in the capital stock of the proposed corporation. Acts 1889, p. 17; G.L. vol. 9, p. 1045.

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