People v. Ford

The Fifty-first General Assembly passed an act in relation to corporations for pecuniary profit, known as the General Corporation act, which was approved on June 28, and became effective July 1, 1919. (Laws of 1919, p. 316.) Section 4 provides that “whenever three or more adult persons, citizens of the United States of America, at least one of whom shall be a citizen of this State, shall desire to form a corporation under this act, they shall sign, seal and acknowledge before some officer, competent to take acknowledgment of deeds, a statement of incorporation setting forth the following(Here…