 | Nicholas Hill, New York (State). Supreme Court - 1845 - 726 σελίδες
...are as follows : " § 1. It shall not be lawful for the directors of any monied corporation, 1. To make dividends, except from the surplus profits, arising from the business of the corporation : 2. To divide, withdraw, or in any manner pay to the stockholders, or any of them,... | |
 | John Cleaveland - 1857 - 452 σελίδες
...tifttttd by thott ttaMei,—cxcepturith the provisions either of or the acts amending the same." 1. To make dividends, except from the surplus profits arising from the business of the corporation : 2. To divide, withdraw, or in any manner pay to the -t .ckholders, or any of them,... | |
 | Francis Edward Cornwell - 1859 - 702 σελίδες
...is as follows : " § 1. It shall not be lawful for the directors of any moneyed corporation, 1. To make dividends except from the surplus profits arising from the business of the corporation ; 2. To divide, withdraw, or in any manner pay to the stockholders, or any of them,... | |
 | New York (State) - 1863 - 1036 σελίδες
...shall not be lawful for the directors of any monied Re»tri* !• tions on corporation, monied 1. To make dividends, except from the surplus profits, arising from the business of the corporation : 2. To divide, withdraw, or in any manner pay to the stockholders, or any of them,... | |
 | Benjamin Vaughan Abbott, Austin Abbott - 1864 - 810 σελίδες
...MONEYED CORPORATIONS. 1. It shall not be lawful for the directors of any moneyed corporation — 1. To make dividends, except from the surplus profits arising from the business of the corporation ; 2. To divide, withdraw, or in any manner pay to the stockholders, or any of them,... | |
 | Lucius Quintius Cincinnatus Elmer, New Jersey - 1868 - 1198 σελίδες
...be lawful for the directors of any bank, or moneyed or manufacturing corporation in this state, to make dividends, except from the surplus profits arising from the business of the corporation, nor to divide, withdraw, or in any way pay to the stockholders, or any of them, any... | |
 | John Proffatt - 1876 - 252 σελίδες
...Note to Sec. 309. 309. Dividends to be made from surplus profits. The directors of corporations must not make dividends, except from the surplus profits arising from the business thereof; nor must they divide, withdraw, or pay to the stockholders, or any of them, any part of the... | |
 | 1906 - 2090 σελίδες
...amended, reads as follows : "Sec. 23. Liability of Directors for Making Unauthorized Dividends. — The directors of a stock corporation shall not make...from the surplus profits arising from the business of sucli corporation, nor divide, withdraw or in any way pay to the stockholders or any of them, any part... | |
 | New York (State) - 1883 - 342 σελίδες
...be not filed. SECTION 1. It shall not be lawful for the directors of any monyed corporation, ^ rpO make dividends, except from the surplus profits arising from the business of the corporation ; 2 . To divide, withdraw, or in any manner pay to the stockholders, or any of them,... | |
 | United States. Census Office. 10th Census, 1880 - 1885 - 742 σελίδες
...made when duly assembled, is valid as a corporate act. SEC. 309. The directors of corporations must ates Census Office. 10th Census, 1880 thereof ; nor must they divide, withdraw, or pay to the stockholders, or any of them, any part of the... | |
| |
... debts beyond their subscribed capital stock; nor must they divide, withdraw, or pay to the stockholders, or any of them, any part of the capital stock... 
