organization of corporation

organization of corporation
The process of forming and arranging into suitable disposition the parts of the body to be created and of defining the objects of such body. A process stopping short of the conferring of a franchise to be a corporation or charter. Hughes Co. v Farmers' Union Produce Co. 110 Neb 736, 194 NW 872, 37 ALR 1314, 1318. A process completed when the first meeting has been called, the act of incorporation accepted, officers elected, and bylaws providing for future meetings adopted. Roosevelt v Hamblin, 199 Mass 127, 85 NE 98.

Ballentine's law dictionary. . 1998.

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