Page:United States Statutes at Large Volume 47 Part 1.djvu/1171

 72d C ONGRESS. SESS. IL CH. 128 . FEBRUARY 27, 1933 . S E C. 169c. SUSPENSION of POWER OF GUARDIAN. - T he power of a guardian appointed by a court, is suspended only One. By order of the court ; or Two. If the appointment was made solely because of the ward's minority, by his attaining majority ; or Three. The guar dian ship over the person of the ward, by the marriage of the ward. SEC. 169d. RE LEASE BY wARD .-After a ward has come to his majority, he may settle accounts with his guardian, and give him a release, which is valid if obtained fairly and without undue influence. SEC. 169e. GUARDIAN'S DISCRARGE .-A guardian appointed by a court is not entitled to his discharge until one year after the ward's majo rity. C HAPT ER 10 .-FOREIGN CORPORATIONS GENERALLY 1147 Suspension of power of guardian. Release by ward. Guardian's discharge. FOREIGN COR- P ORAT IONS OEN- REALLY . Caoss REFmENCES In respect to corporations engaged in the sale of securities, see sections 180 Post, p. 1149. et seq. Fraudulent insolvencies by corporations and other frauds in their manage- ment, see sections 396 to 409 of the Criminal Code. SWIION 170 . APPLICATION FOR LICENSE TO DO BUSINESS ; AECOM- nessApplicatiolicensen for bus t PANTING PAPERS ; PROCESS AGENT ; FILING .e .-No corporation organ- Accompanying pa- ined under the laws of any State or Territory of the United States p ens processagent . or of any foreign country shall do business in the Canal Zone or maintain an office therein until it shall have filed with the executive secretary oˆ the Panama Canal : (a) An application for a license setting forth the name of the corporation, the names of its officers and directors, and a statement showing the general nature of the business in which it desires to engage in the Canal Zone ; (bJ A certified copy of its articles of incorporation, or of its char- ter, or of the statute or statutes or legislative or executive or govern- mental acts creating it, in cases where it has been created by .charter or statute or legislative or executive or governmental act, duly certified by the Secretary of State or other officer authorized by law to certify such copy ; (c) An affidavit sworn to by any authorized officer of such corpo- ration which shall state the amount of its authorized capital stock at or within sixty days prior to such filing ; (d) Every corporation must, at the time of filing its application, file in the office of the Executive Secretary a designation of some person residing within the Canal Zone and the place of business or residence of such person upon whom process issued by authority of or under any law of the Canal Zone may be served . With such designation shall be submitted a certified copy of the minutes of the board of directors of such corporation authorizing such designation. Process may be served on the person so designated, or, in the event that such person can not be found at the place designated or in the event that no such person is designated, then on the Executive Secretary of the Panama Canal, or his successor in office, and such service shall be a valid service on such corporation. When the Executive Secretary shall have been served with process as provided herein he shall without delay communicate the same to the corporation concerned at its last known address and no default judg- ment shall be entered against such corporation in any action in which process is served on the Executive Secretary until at le,i~i tiO days after the date of such service ;
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