Section 77-9-151 - Issuing stocks and bonds

To issue any part of its stock as preferred stock, and to fix the relative rights of common and preferred stock, and to issue such bonds and obligations as it may from time to time determine.Codes, 1892, § 3582; 1906, § 4084; Hemingway's 1917, § 6713; 1930, § 6077; 1942, § 7729.