Judah v. American Live Stock Insurance

On the 2d day of January, 1850, a public law was enacted, the first section of which declared— “ That all such persons as shall become stockholders to the capital stock hereinafter mentioned, their successors *335and assigns, shall be and are hereby constituted and made a body politic and corporate, by the name and style of The American Live Stock Insurance Company.”

The second section enacted that Hiram Decker, M. D., and seven other persons named, or a majority of them, should be commissioners to receive subscriptions of stock, and that when two hundred shares might be subscribed, a meeting of…