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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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The Federal Reporter: Cases Argued and Determined in the ..., Τόμοι 145-146

1906
...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...

The Federal Reporter: Cases Argued and Determined in the ..., Τόμοι 245-246

1918
...1912, § 1169) provides that it shall not be lawful for the trustees or directors — "to divide or withdraw, or in any way pay to the stockholders, or any of them, any part of the capital stock of the company, nor to reduce the capital stock unless in the manner prescribed in this act,...

Howard's Practice Reports in the Supreme Court and Court of ..., Τόμος 61

Nathan Howard (Jr.), Rowland M. Stover, New York (State). Supreme Court - 1881
...Telegraph Company. corporation ; and it shall not be lawful for the directors of any such company to divide, withdraw or in any way pay to the stockholders, or any of them, any part of the capital stock of such company, or to reduce the capital stock without the consent of the legislature " (2 Rev....

The Doctrine of Ultra Vires: Illustrated and Explained by Selected Cases ...

George Washington Field - 1881 - 600 σελίδες
...make any dividend 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 part of the capital stock of the company, nor to reduce the capital stock, unless in the manner prescribed in this act;...

General Insurance Statutes of the State of New York: Including Alterations ...

New York (State) - 1883 - 319 σελίδες
...corporaCapital not ti°ni an<i it shall not be lawful for the directors of any such duced"6" company to divide, withdraw, or in any way pay to the stockholders, or any of them, any part of the capital stock of such company, or to reduce the said capital stock, without the [6O2] consent of the legislature...

At a General Assembly Begun at Dover, in the Delaware State, ... the ...

Delaware - 1883
...dividends, except from the surplus or net 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 part of the capital stock of the said corporation, or to reduce the said capital stock, except according to this act, without...

Reports of Cases Argued and Determined in the Superior Court of ..., Τόμος 48

New York (State). Superior Court (New York), James Clark Spencer, Samuel Jones - 1883
...business of s,uch corporation ; and it shall ngt be lawful for the directors of any such company to divide, withdraw, or in any way pay to the stockholders, or any of them, any part of the capital stock of such company, or to reduce the said capital stock, without the consent of the legislature,...

The Pacific Reporter, Τόμος 148

1915
...for the trustees to make any dividend except from the net profits arising from tbe 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...

A Treatise on the Public Land System of the United States: With References ...

George W. Spaulding - 1884 - 523 σελίδες
...manner prescribed by law, is in 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, and is void as to any creditor of the corporation, either prior or subsequent,...

The Pacific Reporter, Τόμος 7

1885
...incorporated. Section 3543 of the Compiled Laws provides: "It shall not be lawful for the directors to divide, withdraw, or in any way pay to the stockholders, or any of them, any part of the capital stock, nor to reduce the amount of the same. " Other provisions of the laws upon the subject of corporations...




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