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Source or Prior Law:

G.S. 1868, ch. 23, § 10; L. 1870, ch. 52, § 1.

CASE ANNOTATIONS

1. Corporate existence not altered by attempt, but failure, to abolish. Kurtz v. Paola Town Co., 20 Kan. 397.

2. When building association has valid corporate existence. Massey v. Building Association, 22 Kan. 624, 631.

3. Copy of charter as provided by law evidence of creation; when stock subscribers cannot collaterally question corporate existence. Mining Co. v. Adams, 35 Kan. 193, 10 P. 468.

4. Corporate existence can only be attacked in a direct proceeding. C. K. & W. Rld. Co. v. Comm'rs Stafford Co., 36 Kan. 121, 129, 12 P. 593.

5. Corporate existence dates from time of filing charter. St. L., Ft. S. & W. Rld. Co. v. Tiernan, 37 Kan. 606, 629, 15 P. 544; S. K. & P. Rld. Co. v. Towner, 41 Kan. 72, 78, 21 P. 221.

6. Subscription of stock not a condition precedent to corporate existence. Murdock v. Lamb, 92 Kan. 857, 142 P. 961.

7. Cannot commence business until fifth of capital stock paid up. Steele v. Telephone Association, 95 Kan. 580, 588, 148 P. 661; Wickham v. Bank, 96 Kan. 350, 352, 150 P. 513.

8. Act did not diminish the duration of corporation already formed. The State, ex rel., v. Cogley, 109 Kan. 427, 430, 198 P. 939.

9. Corporation can commence business before entire capitalization subscribe and paid up. In re Inland Pipe Line Co., 143 Kan. 820, 823, 57 P.2d 65.

10. Stockholder compelled to pay subscription although entire capital not subscribed. Norton v. Lamb, 144 Kan. 665, 667, 62 P.2d 1311.

11. Company held de facto corporation notwithstanding failure to file certificate. Kraemer v. Graf, 105 F.2d 117.