Page:United States Statutes at Large Volume 71.djvu/605

 71

STAT.]

PUBLIC LAW 85-254-SEPT. 2, 1957

569

Public Law 85-254 AN ACT To amend the District of Columbia Business Corporation Act. Be it enacted by the Senate and House of Representatives of the United /States of America in Congress assembled, That section 7(a) of the District of Columbia Business Corporation Act, as amended, is amended by striking the word "authorized" in the second sei^tence. SEC. 2. Section 9 of said Act is amended as follows: I n subsection (a)(3) after the words "proposing to reincorporate," insert the words "or incorporate". SEC. 3. Section 11(b) of said Act is amended as follows: (1) Insert "in duplicate" after "executed". (2) A t the end of subsection (b), strike "file such statement.", insert in lieu thereof a colon, and add— "(1) endorse on each of such duplicate originals the word 'Filed', and the month, day, and year of the filing thereof; "(2) file one of such duplicate originals in their office; "(3) return the other duplicate original to the corporation or its representative." SEC. 4. Section 14 of said Act is amended as follows: (1) At the end of subsection (e)(2), strike the period, insert in lieu thereof a semicolon, and a d d: "(3) return the other duplicate original to the corporation or its representative". (2) Strike subsection (f^. (3) Reletter subsection (g) as subsection (f). SEC. 5. Section 20 of said Act is amended as follows: Add a new subsection numbered " (f) " to read as follows: " (f) As to corporations availing themselves of the provisions of section 141 of this Act, the provisions of this section 20 shall be applicable only to the shares of such corporations issued subsequent to such reincorporation or incorporation." SEC. 6. The first sentence of section 26 of said Act is amended to read as follows: "Except as provided in section 134 hereof, written or printed notice stating the place, day, and hour of the meeting, and, in case of a special meeting, the purpose or purposes for which the meeting is called, shall be delivered not less than ten nor more than fifty days before the date of the meeting, either personally or by mail, by or at the direction of the president, the secretary, or the officer or person calling the meeting, to each shareholder of record entitled to vote at such meeting." SEC. 7. The first sentence of section 39 of said Act is amended to read as follows: "Except as provided in section 134 hereof, meetings of the board of directors shall be held upon such notice as is prescribed in the bylaws." SEC. 8. Section 48(b) of said Act is amended by striking "recorded by the Commissioners in the office of the Recorder of Deeds" and inserting in lieu thereof "delivered to the incorporators or their representative". SEC. 9. Section 52(m) of said Act is amended by striking "share" and inserting in lieu thereof "shares", SEC. 10. Section 53 of said Act is amended as follows: In subsection (a), strike "Amendments to the articles of incorporation" and insert in lieu thereof "Amended articles of incorporation" and strike "by the Commissioners" and insert in lieu thereof "with the Commissioners". Subsection (b)(3) is amended by striking "the other duplicate original shall be recorded in the office of the Recorder of Deeds" and

September 2, 1957 [S. 2438]

D. C. B u s i n e s s Corporation Act, amendments. 68 Stat. 182. D. C. C o d e 29905. D. C. C o d e 29906a. D. C. C o d e 2990 7a.

D. C. C o d e 29908a.

D. C. C o d e 29908g.

D. C. C o d e 29952.

D. C. C o d e 29910 A. D. C. C o d e 29945.

D. C. C o d e 29916g. D. C. C o d e 29945. D. C. C o d e 29921b.

D. C. C o d e 299 2 If. D. C. C o d e 29921g.

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