 | Richard Spearman E. Farries - 1865 - 206 σελίδες
...(63.) The directors may, with the sanction of the company in general meeting, declare a dividend. (64.) No dividend shall be payable, except out of the profits arising from the business of the company. (66.) The directors may deduct from the dividends payable to any shareholder any sums of money due... | |
 | Alexander Montgomerie Bell - 1867 - 660 σελίδες
...paid. On this point the Act of 1862 simply proposes, as one of the regulations under Table A, that no dividend shall be payable, except out of the profits arising from the business of the company. But, although the Act of 1856 is now repealed, there can be no doubt that the law would enforce the... | |
 | Thomas Campbell Foster, William Francis Finlason - 1867 - 1150 σελίδες
...meeting, declare a dividend to be paid to the shareholders in proportion to their shares ; but (64) no dividend shall be payable except out of the profits arising from the business of the company. And as to accounts, it is provided that the directors shall cause true accounts to be kept of the stock... | |
 | Walter Monro Wilson - 1867 - 1162 σελίδες
...Ко dividend shall be payable except out of the profits arising from th* business of the company. 65. The directors may, before recommending any dividend, set aside out of the profits of the company euch sum as they think proper, as a reserved fund to meet contingencies, or for equalizing dividends,... | |
 | Samuel Orchart Beeton - 1872 - 1604 σελίδες
...general meeting, declare a dividend, to be paid to the members in proportion to their shares. 7268. No dividend shall be payable except out of the profits arising from the business of the company. 7269. The directors may, before recommending any dividend, set aside out of the profits of the company... | |
 | James Lorimer - 1873 - 576 σελίδες
...general meeting, may declare a dividend to be paid to the shareholders in proportion to their shares. No dividend shall be payable except out of the profits arising from the business of the company. (Table B., 63 and 64.) 1668. If the directors shall declare and pay any dividend when the company is... | |
 | Henry Burton Buckley (Baron Wrenbury), Burton H. Buckley - 1873 - 576 σελίδες
...general meeting, declare a dividend to be paid to the shareholders in proportion to tlieir shares. (Gl.) No dividend shall be payable except out of the profits arising from the business of the company. (03.) Tho directors may, before recommending any dividend, set aside ont of the profits of the company... | |
 | Victoria - 1875 - 926 σελίδες
...applicable to the payment of dividends does not amount to . pounds. 67. The directors may before declaring any dividend set aside out of the profits of the company such sum as they may think proper as a reserve fund to meet contingencies, or for equalizing dividends, or for repairing... | |
 | Henry Thring Baron Thring - 1875 - 918 σελίδες
...in general meeting, declare a dividend to be paid to the shareholders in proportion to their shares. No dividend shall be payable except out of the profits arising from tinbusiness of the company. ('JO.) The directors may, before recommending any dividend, set aside out... | |
 | Francis Beaufort Palmer - 1877 - 772 σελίδες
...such an interest by the board. See further, infra, Miscellaneous Clauses, notes to Form 26. (13.) They may, before recommending any dividend, set aside,...of the company, such sum as they think proper as a reserve fund to meet contingencies, or for equalising dividends, or for repairing, improving, and maintaining... | |
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The directors may. before recommending any dividend, set aside out of the profits of the company such sum as they think proper as a reserve fund to meet contingencies, or for equalising dividends, or for repairing or maintaining the works connected with... 
