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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... "
Reports of Cases Decided in the Appellate Courts of the State of Illinois - Σελίδα 441
των Illinois. Appellate Court, Edwin Burritt Smith, Martin L. Newell - 1891
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Reports of Cases at Law and in Chancery Argued and Determined in ..., Τόμος 269

Illinois. Supreme Court - 1916 - 710 σελίδες
...device conceived with the fraudulent intent to evade the constitutional and statutory requirements that no railroad corporation shall issue any stock...applied to the purpose for which such corporation was organized, and that all dividends and other fictitious increase of the capital stock or indebtedness...

Reports of Cases at Law and in Chancery Argued and Determined in ..., Τόμος 263

Illinois. Supreme Court - 1914 - 714 σελίδες
...information then sets out section 13 of article 11 of the constitution of Illinois, which reads as follows: "No railroad corporation shall issue any stock or...or property actually received, and applied to the purposes for which such corporation was created ; and all stock dividends, and other fictitious increase...

Cases Argued and Adjudged in the Supreme Court of the United States, Τόμος 18

United States. Supreme Court - 1874 - 726 σελίδες
...in July, 1870, by the thirteenth section of the eleventh article of which it is declared as follows: "No railroad corporation shall issue any stock or...labor, or property actually received and applied to the purposes for which such corporation was created, mid all stock-dividends, and other fictitious increase...

New Outlook, Τόμος 85

1907 - 1184 σελίδες
...thirty percent, stock dividend) was valid. for the Constitution of that State has this provision : No railroad corporation shall issue any stock or bonds...purpose for which such corporation was created ; and all stock dividends and other fictitious increases of the capital stock or indebtedness of any such...

The Merchants' Magazine and Commercial Review, Τόμος 62

William B. Dana - 1870 - 494 σελίδες
...to stockholders, in such manner as nay be provided by law. No railroad corporation is permitted to issue any stock or bonds except for money, labor or...the purpose for which such corporation was created ; all stock dividends and other fictitious increase of the capital stock or indebtedness of any such...

Albany Law Journal, Τόμος 4

1871 - 396 σελίδες
...for the transportation of passengers and freight on the different railroads in this State." § 13. " No railroad corporation shall issue any stock or bonds,...labor or property actually received and applied to the purposes for which such corporation was created ; and all stock dividends and other fictitious increase...

The Constitution of the State of Illinois: As Adopted in Convention, May 13 ...

Illinois, Illinois. Constitutional Convention - 1870 - 64 σελίδες
...charges for the transportation of passengers and freight on the different railroads in this State. § 13. No railroad corporation shall issue any stock or bonds,...labor or property actually received and applied to the purposes for which such corporation was created; and all stock dividends, and other fictitious increase...

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

Illinois. Constitutional Convention - 1870 - 1074 σελίδες
...penalties, and may provide for a forfeiture of their p"' perty and franchises. § 5. No railroad or other corporation shall issue any stock or bonds, except...labor or property actually received and applied to the purposes for which such corporation was created ; and all stock dividends and other fictitious increase...

Chapters of Erie: And Other Essays

Charles Francis Adams, Henry Adams - 1871 - 446 σελίδες
...for the transportation of passengers and freight on the different railroads in this State." § 13. " No railroad corporation shall issue any stock or bonds,...or property, actually received and applied to the purposes for which such corporation was created; and all stock dividends and other fictitious increase...

The American Annual Cyclopædia and Register of Important Events ...

1871 - 822 σελίδες
...for the transportation of passengers and freight on tho different railroads in this State. SEC. 18. No railroad corporation shall issue any stock or bonds,...labor, or property actually received and applied to the purposes for which euch corporation was created ; and all stock dividends, and other fictitious increase...




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