 | Maryland - 1904 - 1280 σελίδες
...sec. 62. 75. If the trustees, managers or directors of any such corporation shall declare and pay any dividend when the corporation is insolvent, or any...dividend, the payment of which would render it insolvent, or would diminish the amount of the capital stock, they shall be jointly and severally liable for all... | |
 | Joseph Henry Beale - 1904 - 1208 σελίδες
...constitutional provision alone. "If the directors of any corporation shall knowingly declare and pay any dividend when the corporation is insolvent, or any...dividend the payment of which would render it insolvent, they shall be jointly and severally liable for all the debts of the corporation then existing, and... | |
 | William Irvin Brobeck - 1904 - 1434 σελίδες
...company. Sec. 56. If the directors of such company shall declare and p«T any dividend when the. company is insolvent, or any dividend, the payment of which would render it insolvent, they shall be jointly and severally liable for all the debts of the conrpany then existing, and for... | |
 | 1904 - 702 σελίδες
...of any corporation shall declare and pay any dividend when such corporation is known by them to be insolvent, or any dividend the payment of which would render it insolvent, or which would diminish the amount of its capital stock, all directors, officers or agents knowingly... | |
 | 1904 - 698 σελίδες
...of any corporation shall declare and pay any dividend when such corporation is known by them to be insolvent, or any dividend the payment of which would render it insolvent, or which would diminish the amount of its capital stock, all directors, officers or agents knowingly... | |
 | William Warwick Thum, Fred P. Caldwell - 1905 - 976 σελίδες
...liable for debts of corporation. If the directors of any incorporated company shall declare and pay any dividend when the corporation is insolvent, or any...dividend the payment of which would render It insolvent, or which would diminish the amount of its capital stock, they shall be Jointly and severally individually... | |
 | Thomas Gold Frost - 1906 - 736 σελίδες
...debts of the corporation then existing or thereafter contracted when they declare and pay any dividends when the corporation is insolvent or any dividend the payment of which would render the corporation insolvent or which diminishes the amount of its capital stock-; also for assuming to... | |
 | Thomas Gold Frost - 1908 - 944 σελίδες
...declaration and payment of a dividend when the corporation is insolvent or the payment of which renders it insolvent, knowing such corporation to be insolvent...that the payment of such dividend would render it so ; also for debts of the corporation contracted during the period when they shall neglect or refuse... | |
 | Maryland - 1908 - 390 σελίδες
...50. First: If the trustees, managers or directors of any such corporation shall declare and pay any dividend when the corporation is insolvent, or any...dividend, the payment of which would render it insolvent, or would diminish the amount of the capital stock, they shall be jointly and severally liable to the... | |
 | Albert H. Putney - 1908 - 408 σελίδες
...directors, or other officers or agents of any stock corporation shall declare and pay any dividend when such corporation is insolvent, or any dividend the payment of which would render it insolvent, or which would diminish the amount of its capital stock, all directors, officers, or agents assenting... | |
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If the directors of any such company shall declare and pay any dividend, when the company is insolvent, or any dividend, the payment of which would render it insolvent, or... 
