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" No railroad corporation shall issue any stock or bonds, except for money, labor, or property actually received and applied to the purposes for which such corporation was created, and all stock, dividends, and other fictitious increase of the capital stock... "
Railway Law in Illinois: The Relations of Railroads to the People, as Set ... - Σελίδα 230
των Frank Gilbert - 1873 - 337 σελίδες
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Reports of Cases at Law and in Chancery Argued and Determined in ..., Τόμος 263

Illinois. Supreme Court - 1914 - 714 σελίδες
...bonds, except for money, labor or property actually received, and applied to the purposes for which such corporation was created ; and all stock dividends,...indebtedness of any such corporation, shall be void." It also set out section 22 of the Railroad Corporation act, which is substantially identical with the...

Reports of Cases at Law and in Chancery Argued and Determined in ..., Τόμος 269

Illinois. Supreme Court - 1916 - 710 σελίδες
...actually received and applied to the purpose for which such corporation was organized, and that all dividends and other fictitious increase of the capital stock or indebtedness of such corporation shall be void, and that the same constituted a fraud upon the People of the State...

Albany Law Journal, Τόμος 4

1871 - 396 σελίδες
...bonds, except for money, labor or property actually received and applied to the purposes for which such corporation was created ; and all stock dividends...indebtedness of any such corporation shall be void." undoubtedly correct and invincible in his position that the execution of such a lease cannot be restrained,...

Journal of the Constitutional Convention, of the State of Illinois: Convened ...

Illinois. Constitutional Convention - 1870 - 1074 σελίδες
...bonds, except for money, labor or property actually received and applied to the purposes for which such corporation was created ; and all stock dividends...or indebtedness of any such corporation, shall be Toid. Additional Sections : § 6. The exercise of the power and right of eminent domain shall never...

New Outlook, Τόμος 85

1907 - 1184 σελίδες
...purpose for which such corporation was created ; and all stock dividends and other fictitious increases of the capital stock or indebtedness of any such corporation shall be void. Possible Other testimony bore on _ rossl™ ,. the methods of acquisiFature Results . . , . n ... tion...

J.S. Lothrop's Champaign County Directory, 1870-1: With History of the Same ...

1871 - 464 σελίδες
...Railways heretofore constructed or that may hereafter be constructed which Such corporation w«8 Created I and all stock dividends, and other fictitious increase...upon giving sixty days public notice, in such manner fti may be provided by law. § 14. The exercise of the power and the right of eminent domain shall...

The North American Review, Τόμος 112

1871 - 494 σελίδες
...bonds, except for money, labor, or property, actually received and applied to the purposes for which such corporation was created ; and all stock dividends...indebtedness of any such corporation shall be void. . . . ." § 15. "The General Assembly shall pass laws to correct abuses, and prevent unjust discrimination...

Chapters of Erie: And Other Essays

Charles Francis Adams, Henry Adams - 1871 - 434 σελίδες
...bonds, except for money, labor, or property, actually received and applied to the purposes for which such corporation was created ; and all stock dividends...indebtedness of any such corporation shall be void " § 15. " The General Assembly shall pass laws to correct abuses, and prevent unjust discrimination...

The Government and the Railroad Corporations

Charles Francis Adams - 1871 - 40 σελίδες
...bonds, except for money, labor, or property, actually received and applied to the purposes for which such corporation was created ; and all stock dividends...indebtedness of any such corporation shall be void " § 15. "The General Assembly shall pass laws to correct abuses, and prevent unjust discrimination...

Chapters of Erie: And Other Essays

Charles Francis Adams, Henry Adams - 1871 - 446 σελίδες
...bonds, except for money, labor, or property, actually received and applied to the purposes for which such corporation was created; and all stock dividends...indebtedness of any such corporation shall be void " § 15. " The General Assembly shall pass laws to correct abuses, and prevent unjust discrimination...




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