Section IX-1: Corporation - Company - Charter - License.

  As used in this article, the term "corporation" or "company"
shall include all associations and joint stock companies having
any power or privileges, not possessed by individuals, and
exclude all municipal corporations and public institutions owned
or controlled by the State; the term "charter" shall mean the
charter of incorporation, by or under which any corporation is
formed.  The term "license" shall mean the authority under which
all foreign corporations are permitted to transact business in
this State.