Georgia Life Insurance v. Bell
Supreme Court of Georgia
Injunction. Before Judge Matbews. Bibb superior court. October 13, 1913. In April, 1909, a certificate of charter was issued by the secretary of State, incorporating the Georgia Life Insurance Company. The capital stock authorized to be issued was $1,000,000, divided into 10,000 shares of the par value of $100 each. The corporation was authorized to carry on a general life and accident insur anee business.
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Injunction. Before Judge Matbews. Bibb superior court. October 13, 1913. In April, 1909, a certificate of charter was issued by the secretary of State, incorporating the Georgia Life Insurance Company. The capital stock authorized to be issued was $1,000,000, divided into 10,000 shares of the par value of $100 each. The corporation was authorized to carry on a general life and accident insur anee business. One thousand one hundred and- twenty-nine shares of the stock were subscribed and paid for by twenty-one persons, severally, in different amounts. The company desired to engage in more…
1Opinion of the CourtAtkinson, J.
1. The proposed amendment was sought under the provisions of the general law as embodied in the Civil Code, § 2201. It is there declared, “Any banking, railroad, insurance, express, telegraph, canal, or navigation company in this State, whether incorporated by special act of the General Assembly or by the secretary of State under the general law, may have its corporate •name, or its principal office, or the face value of each share of .its capital stock, or the number of its board of directors, or the amount of its capital stock changed in the following manner, to wit: The *506company desiring to…
2Cases cited4 opinions
- South Dakota v. North CarolinaSupreme Court of the United States · 1904
- Spear v. CrawfordNew York Supreme Court · 1835
- Reed & McCormick v. GoldSupreme Court of Virginia · 1903
- Cotter v. Butte & Ruby Valley Smelting Co.Montana Supreme Court · 1904
3Cited by2 opinions
- First Jewelers, Inc. v. RosenCourt of Appeals of Georgia · 1969
- Haas v. KoskeyCourt of Appeals of Georgia · 1976