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" In case of any violation of the provisions of this section, the directors under whose administration the same may have happened, except... "
Annual Report of the Board of Railroad Commissioners of the State of New ... - Σελίδα 74
των New York (State). Board of Railroad Commissioners - 1907
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Public Laws and Resolutions of the State of North Carolina Passed by the ...

North Carolina - 1901
...them, any part of its capital stock, or reduce dts capital stock, except according to this act, and in case of any violation of the provisions of this...directors under whose administration the same may happen, shall be jointly and severally liable, at any time within six years after paying such dividend,...

The Cornell Law Quarterly, Τόμος 6

1921
...469. 1Section 28 Stock Corporation Law: (NY) "The directors of a stock corporation shall not make any dividends except from the surplus profits arising...stockholders, or any of them, any part of the capital of such corporat1on. had been profits out of which they could have been paid, and now that the winding up has...

The United States Mining Laws and Regulations Thereunder: And ..., Τόμος 880

United States. Census Office - 1991 - 705 σελίδες
...for the trustees to make any dividend, except from the net profits arising from the business of the corporation, nor divide, withdraw, or in any way pay...stockholders, or any of them, any part of the capital stock of the company, nor to reduce the capital stock of the company, unless in the manner prescribed...

Reports of Cases Determined in the Supreme Court of the State of ..., Τόμος 135

California. Supreme Court - 1906
...use. ... If this be not a violation of that provision of the statute which forbids the trustees "to divide, withdraw, or in any way pay to the stockholders, or any of them, any part of the capital stock of the company,' we arc unable to conceive a case which would." Kohl v. Lilienthal, 81 Cal. 378,...

Reports of Cases Determined in the Supreme Court of the State of ..., Τόμος 38

California. Supreme Court - 1906
..." the surplus profits arising from the business of the corporation," and it shall not be lawful "to divide, withdraw, or in any way pay to the stockholders, or any of them, any part of the capital stock of the company," except after payment of all its debts, on a dissolution of the corporation....

Revision of the Statutes of New Jersey

New Jersey - 2005 - 1555 σελίδες
...dividends, except from the surplus or net profits arisingfrom the business of the corporation, nor to said shall not have been actually committed it shall be sufficient stock of the said corporation, or to reduce the said capital stock, except according to this act, without...
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Accounting Lectures, 1911-14

Homer St. Clair Pace - 1913
...violating its provisions. It is as follows: " Liability of directors for making unauthorized dividends — The directors of a stock corporation shall not make...stock, except as authorized by law. In case of any violations of the provisions of this section, the directors under whose administration the same may...

The New York Supplement

1911
...section 28 of the stock corporation law (Consol. Laws 1909, c. 59), which so far as applicable provides : "The directors of a stock corporation shall not make...such corporation, or reduce its capital stock, except us authorized by law." The term "capital stock," as used in the statute similar to the one above quoted,...

The New York Supplement

1922
...to this defendant corporation, sets a limit to the powers of such management, and reads as follows : "The directors of a stock corporation shall not make...part of the capital of such corporation, or reduce Us capital stock, except as authorized by law. In case of any violation of the provisions of this section,...

The New York Supplement

1897
...directors of a stock corporation shall not make dividends except from the surplus profits arisini; from the business of such corporation, nor divide,...stockholders, or any of them, any part of the capital stock of such corporation or reduce its capital stock, except as authorized hy law. In case of violation...




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