Mississippi Ratification of Sale of Stock is a legal document that pertains to the process of confirming or approving the sale of corporate stocks in the state of Mississippi. This document is crucial in finalizing the sale of stocks and ensuring compliance with state laws and regulations. The Mississippi Ratification of Sale of Stock is designed to protect the interests of both the buyer and the seller, as well as the corporation itself. It serves as a formal acknowledgment and acceptance of the sale, ensuring that all necessary legal procedures have been followed. This document typically includes important information such as the names of the parties involved, the number of shares sold, the purchase price, and any relevant conditions or contingencies. It may also outline the terms of payment, including whether it is a cash transaction or involves other forms of consideration. There are different types of Mississippi Ratification of Sale of Stock, depending on the specific circumstances of the sale. Some common variations include: 1. Mississippi Ratification of Sale of Common Stock: This type of ratification is used when the stocks being sold are common stocks, which represent ownership in a corporation and typically come with voting rights. 2. Mississippi Ratification of Sale of Preferred Stock: Preferred stocks carry certain privileges and priorities over common stocks, such as receiving dividends before common stockholders. This type of ratification is utilized when selling preferred stocks. 3. Mississippi Ratification of Sale of Restricted Stock: Restricted stocks are issued with certain restrictions on their transferability or sale. This type of ratification is applicable when selling restricted stocks and may involve additional legal considerations. 4. Mississippi Ratification of Sale of Treasury Stock: Treasury stocks are stocks that a corporation has repurchased or never issued to the public. When selling treasury stocks, this type of ratification is used to finalize the sale. Regardless of the type, the Mississippi Ratification of Sale of Stock serves as a legal confirmation, formalizing the sale and protecting the rights of all parties involved. It is highly advisable to consult with a qualified attorney or legal professional to ensure compliance with all relevant laws and to draft a comprehensive and accurate ratification document. Failure to do so may lead to complications or disputes in the future.
Mississippi Ratification of Sale of Stock
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Mississippi was one of four states that rejected ratification of the 13th amendment, along with New Jersey, Delaware, and Kentucky. The amendment passed without Mississippi's support anyway, and all the other no-voting states symbolically ratified the amendment in the following years.
Finally, in December 1865, Georgia became the 27th state to ratify the amendment, fulfilling the requirement that three-quarters of the states approve of a Constitutional amendment. Download a high-resolution version of the 13th Amendment from the National Archives' online catalog.
After much delay by the former Confederate states, it was ratified by the minimum of twenty-seven of the thirty-six states on December 6, 1865. Texas did not formally ratify the 13th Amendment until February 18, 1870.
Article 12, Section 241 of the Mississippi Constitution provides that a person convicted of the following crimes is disqualified from voting: murder, rape, bribery, theft, Page 2 arson, obtaining money or goods under false pretense, perjury, forgery, embezzlement or bigamy.
It came down to a group of four Southern, former Confederate states, to ensure the 13th Amendment's passage. Two Union states, Delaware and New Jersey, had already rejected the 13th Amendment, as had two Southern states, Kentucky and Mississippi.
Prominent politicians and other public figures harshly criticized President Lincoln and members of Congress, and the Kentucky legislature expressed their disapproval of the amendment's adoption by politically siding with the former Confederacy throughout the post-Civil War era.
Mississippi was the last holdout of the 36 states. The state rejected the Amendment on December 5, 1865 because lawmakers were unhappy they had not been reimbursed for the value of freed slaves. It took 130 years for them to go back and tie up that loose end.
15, § 273. (1) Amendments to this Constitution may be proposed by the Legislature or by initiative of the people. (3) The people reserve unto themselves the power to propose and enact constitutional amendments by initiative.
