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" No corporation shall issue stock or bonds, except for money paid, labor done, or property actually received, and all fictitious increase of stock or indebtedness shall be void. "
Proceedings of a National Convention of Railroad Commissioners - Σελίδα 107
1900
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Reports of Cases Determined in the Supreme Court of the Territory ..., Τόμος 37

Utah. Supreme Court, Albert Hagan, John Augustine Marshall, John Maxcy Zane, James A. Williams, Joseph M. Tanner, George L. Nye, John Walcott Thompson, August B. Edler, Alonzo Blair Irvine, Harmel L. Pratt, William S. Dalton, H. Arnold Rich - 1912 - 686 σελίδες
...CORPORATIONS ISSUE OF BONDS "FlCTTTIOCS INCREASE OF INDEBTEDNESS." Const., art. 12, sec. 11, provides that no corporation shall issue stock or bonds, except for money paid or labor done, or property actually received, and that all fictitious increase of stock or indebtedness...

Annual Report of the American Bar Association: Including ..., Τόμος 1

American Bar Association - 1878 - 820 σελίδες
...existing, or which shall hereafter exist, under the laws of the state. No corporation is authorized to issue stock or bonds except for money paid, labor done, or property actually received ; and all fictitious increase of stock or indebtedness is declared to be void. The cumulativn system of voting...

The Constitution of the United States and the Constitutions of California ...

California - 1879 - 216 σελίδες
...or incurred in the operation, use, or enjoyment of such franchise, or any of its privileges. § 11. No corporation shall issue stock or bonds, except...paid, labor done, or property actually received, and all fictitious increase of stock or indebtedness shall be void. The stock and bonded indebtedness of...

The Constitution of the State of California Adopted in 1879: With References ...

California - 1879 - 442 σελίδες
...incurred in the operation, use, or enjoyment of such franchise, or any of its privileges. § 11. Ко corporation shall issue stock or bonds, except for...paid, labor done, or property actually received, and all fictitious increase of stock or indebtedness shall be void. The stock and bonded indebtedness of...

Albany Law Journal, Τόμος 20

1879 - 582 σελίδες
...existing, or which shall hereafter exist, under the laws of the State. No corporation is authorized to issue stock or bonds except for money paid, labor done or property actually received ; and all fictitious increase of stock or indebtedness is declared to be void. The cumulative system of voting...

Report of the ... Annual Meeting of the American Bar Association, Τόμος 7

American Bar Association - 1884 - 346 σελίδες
...with its provisions. The language used is clear and positive — " no corporation shall issue stocks or bonds except for money paid, labor done, or property actually received." It applies to every corporation, if general, and the words "no corporation shall" are a direct prohibition...

The Federal Reporter: Cases Argued and Determined in the ..., Τόμοι 167-168

1909 - 2094 σελίδες
...this agreement or plan was ultra vires the company and void because in violation of the provisions that "no corporation shall issue stock or bonds except...paid, labor done, or property actually received, and all fictitious increases of stock or indebtedness shall be void." Of the justice and wisdom of this...

The Little Lawyer; Or, The Farmers', Mechanics', Miners', Laborers', and ...

Henry A. Gaston - 1880 - 336 σελίδες
...incurred in the operation, use, or enjoyment of such franchise, or any of its privileges. SEC. 11. No corporation shall issue stock or bonds, except...paid, labor done, or property actually received, and all fictitious increase of stock or indebtedness shall be void. The stock and bonded indebtedness of...

Debates and Proceedings of the Constitutional Convention of the ..., Τόμος 1

California, California. Constitutional Convention - 1880 - 648 σελίδες
...incurred in the operation, use, or enjoyment of such franchise, or any of its privileges. SEC. 11. No corporation shall issue stock or bonds, except...paid, labor done, or property actually received, and all fictitious increase of stock or indebtedness shall be void. The stock and bonded indebtedness of...

History of Ray County, Mo

1881 - 864 σελίδες
...years, except such as may be necessary and proper for carrying on its legitimate business. SEC. S. No corporation shall issue stock or bonds, except...paid, labor done or property actually received, and all fictitious increase of stock or indebtedness shall be void. The stock and bonded indebtedness of...




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