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" If the directors of any such company shall declare and pay any dividend, when the company is insolvent, or any dividend, the payment of which would render it insolvent, or... "
Public Acts and Joint and Concurrent Resolutions of the Legislature of the ... - Σελίδα 350
των Michigan - 1885
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Acts Passed by the General Assembly of Georgia

Georgia - 1850
...aforesaid. SECTION 6. And be it further enacted, That if the Directors of the said company shall declare and pay a dividend when the corporation is insolvent,...insolvent, knowing such corporation to be insolvent, or the payment of such dividend would render it so, the Directors assenting thereto shall be jointly and...

Laws of the State of New York, Τόμος 2

New York (State) - 1867
...Dividend*, but if the directors of such company shall declare and pay any dividend when the company is insolvent, or any dividend the payment of which would render it insolvent, or which would diminish the amount of its capital stock, they shall be jointly and severally liable...

The Law of Debtor and Creditor in the United States and Canada: Adapted to ...

James Philemon Holcombe - 1848 - 508 σελίδες
...contracted before such notice is given. 4th. If the directors of any such corporation declare and pay any dividend when the corporation is insolvent, or any...dividend the payment of which would render it insolvent, they will be jointly and severally liable for all the debts of the corporation then existing, and....

Laws of the State of New York Passed at the Sessions of the Legislature

New York (State). Legislature - 1848
...All the directors of said corporation who shall consent to declare and pay any dividend when the said corporation is insolvent, or any dividend the payment of which would render it insolvent, shall be jointly and severally liable for all the debts of the company then existing, and for all that...

The Merchants' Magazine and Commercial Review, Τόμος 18

1848
...made. Sec. 13. If the trustees of any such company shall declare and pay any dividend when the company is insolvent, or any dividend, the payment of which would render it insolvent, or which would diminish the amount of its capital stock, they shall be jointly and severally liable...

Journal of the Franklin Institute

1848
...Sec. 14. If the directors of any such company shall declare and pay any dividend, when the company is insolvent, or any dividend, the payment of which would render it insolvent, they shall be jointly anil severally liable for all the debts of the company then existing, and for...

The Western Journal, of Agriculture, Manufactures, Mechanic Arts ..., Τόμος 1

1848
...made. Sec. 13. If the trustees of any such company shall declare and pay any dividend when the company is insolvent, or any dividend, the payment of which would render it insolvent, or which would diminish the amount of its capital stock, they shall be jointly and severally liable...

Laws

Illinois - 1849
...trustees of any such company shall declare and сазе of inaoi- pay any (iiv¡(jemi when the company is insolvent, or any dividend the payment of which would render it insolvent, or which would diminish the amount of its capital stock, they shall be jointly and severally liable...

Acts of the state of tennessee passed by the general assembly

1850
...made. SEC. 13. If the trustees of any such company shall declare and pay any dividend when the company is insolvent, or any dividend, the payment of which would render it insolvent, or which would diminish the amount of its capital stock, they shall be jointly and severally liable...

Acts of the Legislature of the State of Michigan, Τόμος 1

Michigan - 1850
...M1CIIIUAN. Dividend*. ^c- •"• 1' sa"l company shall declare and pay any dividend whc« said company is insolvent, or any dividend the payment of which •would render it insolvent, or which would diminish the amount of its capital stock, the stockholders shall be jointly and severally...




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