(610 ILCS 5/4) (from Ch. 114, par. 4)
Sec. 4.
When the articles shall have been filed and recorded in the office
of the Secretary of State, as aforesaid, the persons named as corporators
therein shall thereupon become and be deemed a body corporate, and shall
thereupon be authorized to proceed to carry into effect the objects set
forth in such articles in accordance with the provisions of this Act. As
such body corporate they shall have succession, and in their corporate name
may sue and be sued, plead and be impleaded. The said corporation may have
and use a common seal, which it may alter at pleasure; may declare the
interests of its stockholders transferable; establish by-laws, and make all
rules and regulations deemed necessary for the management of its affairs in
accordance with law. A copy of any articles of incorporation filed and
recorded in pursuance with this Act, or of the record thereof, and
certified to be a copy by the Secretary of State, or his deputy, shall be
presumptive evidence of the incorporation of such company, and of the facts
therein stated.
(Source: Laws 1933, p. 858.)
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