Fundamental
A Dictionary of Law · William C. Anderson · 1889
A Dictionary of Law
See Constitution. Alterations m a charter which are not "fundamental," and are authorized by the legislature, may be effectually accepted by a majority of the stockholders — a majority pei- capita or of the shares voted, as the case may require. Alterations which actually ' Ketchum v. City of Buffalo, 14 N. Y: 307, 3 Selden, J. 2 Nat. Exchange Bank v. Nat. Bank of North America, 138 Mass. 148 (1883). s See 1 Bl. Com. 331. 4 See Ketchum v. City of Buffalo, 14 N. Y. 367 (1866); Union Pacific E. Co. v. Buffalo County, 9 Neb. 463 change the nature and purposes of the corporation, or ol the enterprise for the prosecution of which it was created, are "fundamental."'