Tag: transfer of shares of stock

— Mercantile Law —

53 FREQUENTLY ASKED PROVISIONS OF THE CORPORATION CODE

December 4, 2017

53 FREQUENTLY ASKED IN CORPO CODE    53 FREQUENTLY ASKED PROVISIONS OF THE CORPORATION CODE Section 2. Corporation defined. – A corporation is an artificial being created by operation of law, having the right of succession and the powers, attributes and properties expressly authorized by law or incident to its existence. Section 43. Power to declare… Read More 53 FREQUENTLY ASKED PROVISIONS OF THE CORPORATION CODE

— Mercantile Law —

FLEISCHER vs. BOTICA NOLASCO CO., INC G.R. No. 23241 March 14, 1925 Corporation Law, Shares of stock, Transfer of shares of stock

October 14, 2017

FACTS: Manuel Gonzalez was the original owner of the five shares of stock in question, of the Botica Nolasco, Inc. He assigned and delivered said five shares to the plaintiff, Henry Fleischer, in consideration of a large sum of money owed by Gonzalez to Fleischer In his amended complaint, plaintiff, Fleischer prayed for defendant to… Read More FLEISCHER vs. BOTICA NOLASCO CO., INC G.R. No. 23241 March 14, 1925 Corporation Law, Shares of stock, Transfer of shares of stock