Filing of petition for incorporation; contents of petition; filing fee

Issuance of certificate of incorporation. Maintenance by Secretary of State of files and books regarding canal companies. Time of commencement of corporate existence; duration of corporate existence. Petitioners as constituting first board of directors; election of officers; prescription of rules and bylaws; opening books of subscription for capital stock. Publication of notice upon subscription for all of capital stock and payment of 10 percent thereof; authorization for commencing transaction of business; personal liability of directors and stockholders. Location of principal office. Sec. 52-4-8. 52-4-9. 52-4-10. 52-4-11. 52-4-12. 52-4-13. 52-4-14.