Page:Henry Osborn Taylor, A Treatise on the Law of Private Corporations (5th ed, 1905).djvu/979

 INDEX. 959 References are to tho Sections. SHARES OF STOCK— (continued). may be paid for in property, 522c. See Shareholders, Transfers, Subscriptions. SHARES OF STOCK IN ANOTHER COMPANY, power of one corpora- tion to purchase, 130, note, 161, 267, 309. a savings bank cannot purchase, 267. when a shareholder may restrain purchase, 556. SHAREHOLDERS: constitute body corporate, 48-50. not partners, 68, 100, 148, 716, 719. right of, to sue on behalf of corporation, 139-142. must be such at time of injury, unless shares devolve on them by operation of law, 140, note, 141, note, how incapacitated from acting when management vested in directors, 180-183. consent of, to mortgages, 185, 186. must act in corporate meetings, 184. agreements among, to control corporation management, when legal, 5596. cannot act individually for the corporation, 187. not legal owners of the corporate property, 187. have insurable interest, 187. notice to, not notice to corporation, 187, note, ratification by, 187, 203. of ultra vires acts, 270. relations to creditors, effect thereon of reservation by the state of the right to alter and repeal, 500, 501. relations of, to the state, 505. to the corporation, how occasioned, 509-512. "non-assessable" shares held by, 522. may enjoin consolidation, 536. may restrain improper and ultra vires acts on part of corporation or officers, 140, note, 553-556, 683, 684. may enjoin acceptance of amendment, 557. corporation must be managed in interests of as such, 558. may sue corporation for conspiracy, 560. for injuries to themselves individually, 561. cannot plead nul tiel corporation, 537-539, 738. liability of, to receiver, 542. may pay for shares in property, 522c, 701. cannot be released, 549-551, 780. right of, to dividends, 562-568. to subscribe for additional shares on increase of stock, 569. rights of, regarding meetings, 573-576. elections, 577-581. right of, to vote, 578-581. to vote in their own interest, 5596. to inspect corporate books, 585.