 | Albert Hutchinson Putney - 1908 - 416 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... | |
 | United States. Bureau of Corporations - 1909 - 648 σελίδες
...13. That if the directors of any such company shall declare and pay any dividend when such company 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 liable... | |
 | Iowa - 1909 - 192 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... | |
 | New York (State). Legislature. Senate - 1910 - 380 σελίδες
...whatever than to accomplish the legitimate objects of its creation. If the directors shall declare and pay a dividend when the corporation is insolvent...dividend the payment of which would render it insolvent, they shall be jointly and severally liable for all of the debts of the corporation then existing, and... | |
 | Rodolphus Waite Joslyn - 1910 - 646 σελίδες
...compel such declaration. Statute as to — Chap. 32. shall declare and pay any dividends 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... | |
 | Abraham Clark Freeman - 1911 - 1228 σελίδες
...of any such neglect or refusal." "Sec. 862. If the directors of any such corporation shall declare and pay a dividend when the corporation is insolvent,...any dividend the payment of which would render it so, the directors assenting thereunto shall be jointly and severally liable in an action founded on... | |
 | Leo Greendlinger - 1911 - 466 σελίδες
...good." The general statutes of Florida provide : " If the directors 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 the debts of the corporation then existing to the extent... | |
 | Joseph Chalmers France - 1914 - 512 σελίδες
...: "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... | |
 | 1896 - 1644 σελίδες
...under provisions of the statute. If the directors of a corporation declare or pay a dividend when it is insolvent, or any dividend the payment of which would render it insolvent, knowing the same, the directors assenting thereto are liable for the debts due at the time of the declaration... | |
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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... 
