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" The directors may. before recommending any dividend, set aside out of the profits of the company such sum as they think proper as a reserve fund to meet contingencies, or for equalising dividends, or for repairing or maintaining the works connected with... "
The Shareholders' and Directors' Companion: A Manual of Every-day Law and ... - Σελίδα 103
των Sir Francis Beaufort Palmer - 1880 - 122 σελίδες
Πλήρης προβολή - Σχετικά με αυτό το βιβλίο

Queensland agricultural journal Volume 5, Τόμος 5

1800 - 608 σελίδες
...The directors may declare a dividend to be paid to the shareholders in proportion to tlieir shares. No dividend shall be payable except out of the profits arising from the business of the association. 23. The directors may deduct from any dividend coming due any moneys owing by a participating...

The Law Journal for the Year 1832-1949: Comprising Reports of Cases in the ...

1856
...General Meeting, declare a Dividend to be paid to the Shareholders in Proportion to their Shares. (64.) No Dividend shall be payable except out of the Profits arising from the Business of the Company; (66.) The Directors may, before recommending any Dividend, set aside out of the Profits of the Company...

The Legal Observer, and Solicitors' Journal, Τόμος 52

1856
...general meeting, declare a dividend to be paid to the shareholders in proportion to their shares. 64. No dividend shall be payable except out of the profits' arising from the business of the company. 65. The directors may, before recommending any dividend, set aside out of the profits of the company...

Practical Directions for Forming and Managing Joint-stock Companies: With ...

John Duncan (solicitor at law.) - 1856 - 150 σελίδες
...general meeting, declare a dividend to be paid to the shareholders in proportion to their shares. (64.) No dividend shall be payable except out of the profits arising from the business of the company. (66.) The directors may deduct from the dividends payable to any shareholder all such sums of money...

Statutes at Large ...: (37 v.) A collection of the public general statutes ...

Great Britain - 1856
...General Meeting, declare a Dividend to be paid to the Shareholders in proportion to their Shares. (64.) No Dividend shall be payable except out of the Profits arising from the Business of the Company. (65.) The Directors may,beforc recommending any Dividend, set aside out of the Profits of the Company...

The New Joint Stock Company Law (of 1856, 1857, and 1858) with All the ...

Great Britain, Charles Favell Forth Wordsworth - 1859 - 110 σελίδες
...general meeting, declare a dividend1 to be paid to the shareholders in proportion to their shares. (04.) No dividend shall be payable except out of the profits arising from the business of the company.2 (05.) The directors may, before recommending any dividend, set aside out of the profits of...

A Hand-book of the Law of Scotland

James Lorimer - 1862 - 508 σελίδες
...general meeting, may declare a dividend to be paid to the shareholders in proportion to their shares. No dividend shall be payable except out of the profits arising from the business of the company. (Table B., 63 and 64.) 1668. If the directors shah1. declare and pay any dividend when the company...

A Hand-book of the Law of Scotland

James Lorimer - 1862 - 508 σελίδες
...general meeting, may declare a dividend to be paid to the shareholders in proportion to their shares. No dividend shall be payable except out of the profits arising from the business of the company. (Table B., 63 and 64.) 1668. If the directors shall declare and pay any dividend when the company is...

The Law of Joint Stock Companies: Containing the Companies Act, 1862, and ...

Leonard Shelford - 1863 - 568 σελίδες
...declare a dividend to be paid to the shareholders in proportion to their shares. (o) See post. (64.) No dividend shall be payable except out of the profits arising from the business of the company. (65.) The directors may, before recommending any dividend, set aside out of the profits of the company...

The Companies Act, 1862, with Analytical References and Copious Index ...

Anthony Pulbrook - 1865 - 217 σελίδες
...general meeting, declare a dividend to be paid to the shareholders in proportion to their shares. 64. No dividend shall be payable except out of the profits arising from the business of the company. 65. The directors may, before recommending any dividend, set aside out of the profits of the company...




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