West Virginia Legislature
Code of West Virginia, 1931
Official Recodification - Enacted December 31, 1930 - Effective January 1, 1931
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6,321 of 6,321 sections
Showing 3,101–3,150 of 6,321 sections
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31-2-4 Ch. 31 — CORPORATIONS Railroad Companies Right to Dispose of Surplus Electricity, Power, Etc Any such railroad company, owning and operating any plant in this State for the production of electricity and power primarily for its own use, may sell and disp… Proofed
31-2-5 Ch. 31 — CORPORATIONS Railroad Companies Purchase or Transportation of Coal and Coke by Railroad Companies It shall be unlawful for any railroad corporation to engage, directly or indirectly, in the business of buying, and selling coal or coke, or to promise, pledge … Proofed
31-2-6 Ch. 31 — CORPORATIONS Railroad Companies Charter to Show Principal Cities and Towns Reached and Served by Railroad Any charter issued under article one of this chapter incorporating any railroad company for the purpose of constructing a railroad in the State of West Virginia… Proofed
31-2-7 Ch. 31 — CORPORATIONS Railroad Companies Filing Map of Railroad Every railroad corporation shall, within a reasonable time after its railroad is located in this State, cause to be made a map and profile thereof, with the nam… Proofed
31-2-8 Ch. 31 — CORPORATIONS Railroad Companies Warning of Approach of Train; Crossing A bell or steam whistle shall be placed on each locomotive engine, which shall be rung or whistled by the engineer or fireman, at a distance of at least sixty r… Proofed
31-2-9 Ch. 31 — CORPORATIONS Railroad Companies Notice of Danger at Crossings Every railroad company shall, at every place where a road or street crosses its railroad on the same level, erect and maintain suitable sign boards or notices o… Proofed
31-2-10 Ch. 31 — CORPORATIONS Railroad Companies Watering Troughs for Live Stock All railroads maintaining stations that are shipping points for live stock, where there are as many as one thousand head shipped in any one year, shall wherever… Proofed
31-2-11 Ch. 31 — CORPORATIONS Railroad Companies Consolidation of Railroad Properties Any railroad company in this State may, with the assent and approval of the public service commission, consolidate its properties and franchises with the proper… Proofed
31-2-12 Ch. 31 — CORPORATIONS Railroad Companies Passing Into Other States The railroad or any extension or lateral or branch line of any railroad company may pass out of this State into any other state, with the assent of such state, … Proofed
31-2-13 Ch. 31 — CORPORATIONS Railroad Companies Certain Enumerated Powers In furtherance, and not in limitation, of the general or other powers of any railroad company, every such railroad company shall have the following powers, it b… Proofed
31-2-14 Ch. 31 — CORPORATIONS Railroad Companies Sale of Railroad Company If a sale shall be made under a trust deed or mortgage executed by a railroad corporation on all its works and property, or if the sale of such property shall b… Proofed
31-2-15 Ch. 31 — CORPORATIONS Railroad Companies Effect of Such Sale The corporation created by or in consequence of such sale and conveyance shall succeed to all such franchises, rights and privileges, but not immunity from taxa… Proofed
31-3-1 Ch. 31 — CORPORATIONS Boom Companies Consent of State for Construction of Booms The consent of the State is given for the construction of a boom or booms, by corporations incorporated for the purpose, with or with out piers, dam or dams, in… Proofed
31-3-2 Ch. 31 — CORPORATIONS Boom Companies Powers; Boomage; Lien; Sale for Tolls; Free Passage of Logs Every such corporation shall, after erecting its boom, have the exclusive privilege of maintaining a suitable boom or booms, with or without piers, dam or dams,… Proofed
31-3-3 Ch. 31 — CORPORATIONS Boom Companies Injuries to Property If any person or persons shall willfully and maliciously injure or destroy any of such booms or piers or other works connected therewith, or shall remove, alter… Proofed
31-3-4 Ch. 31 — CORPORATIONS Boom Companies Measurement of Timber in Boom If the parties interested shall not agree as to the measurement of the timber in such boom, it shall be done by commissioners, appointed by the circuit court or… Proofed
31-3-5 Ch. 31 — CORPORATIONS Boom Companies Removal of Timber Lodging on Lands; Damages; Taking or Carrying Away If any logs, timber, or other lumber, while floating down any stream, be lodged upon any improved lands or inclosure of another, it shall be the duty of the own… Proofed
31-3-6 Ch. 31 — CORPORATIONS Boom Companies Obstruction of Stream If the owner of logs or other lumber placed in a stream above a boom erected thereon shall unreasonably delay driving such logs or lumber into such boom, so tha… Proofed
31-3-7 Ch. 31 — CORPORATIONS Boom Companies Liability for Timber Within Boom Such corporation shall be liable for all logs, timber and other floatables which may come into its boom, except when they sink in deep water, or are carried awa… Unreviewed
31-3-8 Ch. 31 — CORPORATIONS Boom Companies Meaning of “Logs or Timber.’’ Wherever the words “logs or timber’’ occur in this article, they shall be taken to mean logs and timber of every kind and description manufactured or unmanufact… Proofed
31-3-9 Ch. 31 — CORPORATIONS Boom Companies Injury to Mill Property Nothing in this article shall be so construed as to deprive the owners of mill property, and other proprietors on such river and branches thereof from recoverin… Proofed
31-3-10 Ch. 31 — CORPORATIONS Boom Companies Filing Marks and Brands Before the persons driving logs shall put their logs in any of such streams for the purpose of driving them, they shall file a memorandum with the clerk of the … Proofed
31-3-11 Ch. 31 — CORPORATIONS Boom Companies Obstruction of Public Roads No company incorporated under the provisions of this act shall so exercise its corporate privileges, as to materially obstruct any public road or ford across an… Proofed
31-4-1 Ch. 31 — CORPORATIONS Banking Institutions Banking Institutions Defined The term “banking institution” shall include every company chartered under this chapter and authorized to do business in the State of West Virginia under the pr… Proofed
31-4-2 Ch. 31 — CORPORATIONS Banking Institutions Improper Use of Term “Bank,” “Banker,” “Banking Company” or “Trust Company” Made Unlawful; Penalties No person, persons, corporation or corporations doing business in this State, except a banking institution chartered and organized under the provisions of this … Unreviewed
31-4-3 Ch. 31 — CORPORATIONS Banking Institutions Banking Institution; Issue or Amendment of Charter; Approval of Banking Commissioner No charter shall issue in this State for any banking institution, nor shall there be any increase or reduction in the capital stock, or amendment of the charter… Proofed
31-4-4 Ch. 31 — CORPORATIONS Banking Institutions Minimum Capital Stock; Par Value No banking institution shall hereafter be incorporated unless it shall have a bona fide subscribed capital stock of at least twenty-five thousand dollars if the… Proofed
31-4-5 Ch. 31 — CORPORATIONS Banking Institutions Payment for Stock Before Engaging in Business; Permit All of the capital stock of every banking institution, chartered under the laws of this State, shall be paid in before it shall be authorized to engage in busin… Proofed
31-4-6 Ch. 31 — CORPORATIONS Banking Institutions Powers of Banking Institutions Defined Any banking institution, organized under this chapter, shall have and exercise all of the powers necessary for, or incidental to, the business of banking, and, … Proofed
31-4-7 Ch. 31 — CORPORATIONS Banking Institutions Banking Institutions; Trust Powers Every banking institution organized under the provisions of this chapter and authorized to engage in the business of a trust company shall have and exercise the… Proofed
31-4-8 Ch. 31 — CORPORATIONS Banking Institutions Certificate to be Filed With Secretary of State Before Exercising Trust Powers No banking institution shall exercise any of the trust powers mentioned in the preceding section until it shall have filed with the secretary of state a duly au… Proofed
31-4-9 Ch. 31 — CORPORATIONS Banking Institutions Branch Banks Forbidden; Bank Not to Sign Indemnity Contract or Pledge Its Assets to Indemnify a Surety No banking institution chartered and authorized to engage in business under the laws of this State, shall hereafter install or maintain any branch bank, or enga… Proofed
31-4-10 Ch. 31 — CORPORATIONS Banking Institutions Trust Funds Every banking institution, authorized to engage in the business of a trust company, shall keep all trust funds and investments separate and distinct from the as… Proofed
31-4-11 Ch. 31 — CORPORATIONS Banking Institutions Oath as Fiduciary Whenever any court, or the clerk thereof, shall appoint any banking institution, exercising trust powers, as trustee, receiver, assignee, guardian, executor, ad… Proofed
31-4-12 Ch. 31 — CORPORATIONS Banking Institutions Capital as Security for Fiduciary Whenever any banking institution authorized to exercise trust powers, and having complied with the requirements of this article, shall be appointed trustee, ass… Proofed
31-4-13 Ch. 31 — CORPORATIONS Banking Institutions Directors; Qualifications; Oaths For every banking institution subject to the provisions of this chapter there shall be a board of at least five directors, who shall meet at least once each mon… Proofed
31-4-14 Ch. 31 — CORPORATIONS Banking Institutions Oaths of Officers and Bonds of Officers and Employees The board of directors shall require the cashier and other accounting officers of a banking institution to take an oath and shall require such officers and all … Proofed
31-4-15 Ch. 31 — CORPORATIONS Banking Institutions List of Stockholders The president, cashier, or other executive officer of every banking institution shall cause to be kept at all times a full and correct list of the names and pos… Proofed
31-4-16 Ch. 31 — CORPORATIONS Banking Institutions Liability of Stockholders Each stockholder of any banking institution, organized under the laws of this State, in addition to the liability imposed upon him as a stockholder of a corpora… Proofed
31-4-17 Ch. 31 — CORPORATIONS Banking Institutions Provisions Applicable to Banking Institutions Heretofore Organized; Banking Institutions Organized Under the Laws of Other States Not to Engage in Business in This State All of the provisions of this article shall apply to banking institutions heretofore organized and created under the laws of the State of West Virginia, or whic… Proofed
31-4-18 Ch. 31 — CORPORATIONS Banking Institutions Unlawful for Certain Companies and Persons to Engage in the Business of Banking; Penalties No corporation chartered under the laws of this State, or of any other state, territory or sovereignty, except banking associations chartered under the laws of … Proofed
31-4-19 Ch. 31 — CORPORATIONS Banking Institutions General Penalty Any violation of any provision of this article, for which a penalty is not herein elsewhere specified, shall be a misdemeanor, and any person or corporation con… Proofed
31-4-20 Ch. 31 — CORPORATIONS Banking Institutions Interest Allowed in Certain Cases In addition to the interest rate provided in the article dealing with money and interest in chapter forty-seven of this Code, a banking institution may charge a… Proofed
31-5-1 Ch. 31 — CORPORATIONS Indemnity Companies Definitions The words ‘‘indemnity company,” when used in this article, shall include every corporation organized under article one of this chapter, or under the laws of any… Proofed
31-5-2 Ch. 31 — CORPORATIONS Indemnity Companies Corporate Name or Title Every indemnity company shall have as a part of its corporate name or title, indicative of its business, one or more of the following words, namely, “indemnity … Proofed
31-5-3 Ch. 31 — CORPORATIONS Indemnity Companies Charter, When to Issue; License No charter incorporating an indemnity company shall be issued, or no amendment of an existing charter made, until the application therefor shall have been submi… Proofed
31-5-4 Ch. 31 — CORPORATIONS Indemnity Companies Minimum Capital; Classes of Stock No indemnity company shall be licensed to engage or continue in business in this State unless it shall have an unimpaired, paid up capital of at least six hundr… Proofed
31-5-5 Ch. 31 — CORPORATIONS Indemnity Companies General Powers An indemnity company organized under the provisions of this chapter, or organized under the laws of any other state and having a license to do business in this … Proofed
31-5-6 Ch. 31 — CORPORATIONS Indemnity Companies Investigation of Indemnity Company; New Bond Whenever any indemnity company, wherever incorporated, is offered as surety to any court, or the clerk thereof, or to any board upon which is devolved by law th… Proofed
31-5-7 Ch. 31 — CORPORATIONS Indemnity Companies Certificate and Statements to be Filed by Indemnity Company No indemnity company shall exercise any power or right mentioned in this article until there has been filed with the insurance commissioner a duly authenticated… Proofed
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