Bunker Hill School of Aeronautics, Inc. Hearings ... Feb. 6, March 1, 8, 14, April 11, 18, May 10, June 24 and 25, 1951, Volumes 7-13
1951 - 832 pages
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agency agreement aircraft airplane amount answer approval Assets Administration authorized BANK base believe BONNER BROWNSON buildings Bunker Hill Corp Bunker Hill School certification Chairman checks committee copy corporation correct course CURRAN CURTIS Department directors disposal DOLLARS DONOHUE DUKE HARRAH educational engines equipment EXHIBIT expense fact Factors Federal follows further give going Government Gwin HARRAH HEATH HEDDLESTON HOFFMAN incorporated Indiana institution interested June knew knowledge Ladd LANTAFF lease letter material matter McCOMB mean meeting Michigan move Navy never Office operation organization paid Pemberton personally present purchased question reason received record referred request School of Aeronautics Seymour SHEPLER SHORT signed sold statement subcommittee surplus property talking tell thing told transfer trying understand United War Assets
Page 173 - ... which have been held exempt from taxation under section 101 (6) of the Internal Revenue Code.
Page 459 - ... for as many persons as there are directors or managers to be elected, or to cumulate said shares, and give one candidate as many votes as the number of directors, multiplied by the number of his shares of stock, shall equal, or to distribute them on the same principle among as many candidates as he shall think fit...
Page 310 - The act of a majority of the Directors present at a meeting at which a quorum is present shall be the act of the Board of Directors unless the act of a greater number is required by law or by these By-Laws.
Page 461 - ... in the absence of actual fraud in the transaction, the Judgment of the directors as to the value of the property purchased shall be conclusive...
Page 422 - Contractor, was then of said Corporation; that said Contract was duly signed for and in behalf of said Corporation by authority of its governing body, and is within the scope of its corporate powers.
Page 311 - Any two or more offices may be held by the same person, except the offices of president and secretary.
Page 694 - Nothing, however, herein contained shall be construed to extend to any incorporated company...
Page 461 - The corporation shall be entitled to treat the holder of record of any share or shares of stock as the holder in fact thereof and accordingly shall not be bound to recognize any equitable or other claim to or interest in such shares on the part of any other person...
Page 461 - Nothing in this act shall be construed as forbidding a corporation, (a) To recognize the exclusive right of a person registered on its books as the owner of shares...
Page 537 - Which is a religious organization described in section 501 (c) (3); or (2) Which is an educational organization described in section 501(c)(3), if such organization normally maintains a regular faculty and curriculum and normally has a regularly organized body of pupils or students in attendance at the place where its educational activities are regularly carried on...