77-9-111 - Filing of statement showing date of organization, amount of entire capital stock, and shares into which divided.
§ 77-9-111. Filing of statement showing date of organization, amount of entire capital stock, and shares into which divided.
When organized, the board of directors shall file in the office of the secretary of state a statement, in writing, signed by the directors and sworn to by one of them, showing the date of the organization, the amount of the entire capital stock, and the shares into which divided. The secretary of state shall file and record the statement and certify the fact under the great seal. Thereupon the company so organized shall be a body corporate under the name specified, and may exercise its powers as such, but before so doing in any county, the said certificate, or a certified copy of it, with the application and governor's proclamation, shall be recorded in the record of deeds thereof.
Sources: Codes, 1892, § 3576; 1906, § 4077; Hemingway's 1917, § 6706; 1930, § 6070; 1942, § 7721.