"Shareholder" is a word in LAW AND LEGAL, ENGLISH
In the strict sense of the term, a “shareholder” is a person who has agreed to become a member of a corpora-tion or company, and with respect to whom all the required formalities have been gone through; e. g., signing of deed of settlement, registration, or the like. A shareholder by estoppel is a person who has acted and been treated as a shareholder, and consequently has the same liubilities as lf be were an or-dlnary shareholder. Lindl. Partn. 130. See Beal v. Essex Sav. Bank, 67 Fed. 816, 15 C
One who holds or owns a share or shares in a joint
fund or property.
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In French law. A person who receives from a meetlug of shareholders a special authority, viz., that of checking and …
Read the complete definitionwhen a’committee, board of directors, meeting of shareholders, legis) a-tlve or other body of persons cannot nct un-less a certaln …
Read the complete definition