No corporation shall issue
stocks or bonds, except for labor done, services performed, or money or property
actually received; and all fictitious increase of stock or indebtedness shall be void.
The stock of corporations shall not be increased except in pursuance of general law,
nor without the consent of the persons, holding a majority of the stock of the class
to be increased, first obtained at a meeting, held pursuant to such notice as is
provided by the legislature.