Costello v. Thomas Cusack Co.

After the memorandum of October 6th, instant, had been forwarded to counsel, a re-argument was asked on two points, viz.: (1) Whether, under article 7 of section 8 of the Corporation act, the power to file an amended certificate in the form therein set forth is in conflict with the Corporation act? (2) On the question of reasonableness, and the power of the court to determine what was reasonable or unreasonable.

1. The seventh article of section 8 is as follows:

"VII. The certificate of incorporation may also contain any provision which the incorporators may choose to insert, for the regulation…