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" No corporation shall issue stock or bonds, except for money paid, labor done, or property actually received, and all fictitious increase of stock or indebtedness shall be void. "
Digest of the Reports of the Supreme Court of California: Volumes One ... - Página 101
por James Henry Deering - 1896 - 561 páginas
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Reports of Cases Argued and Determined in the Supreme Court of ..., Volume 116

Alabama. Supreme Court - 1898 - 878 páginas
...planants and McClellan & Scheerer was void as being made in contravention of the Constitution of the State which provides that: "No corporation shall issue stock or bonds except for money, labor done, or money er property actually received and all fictitious increase of stock or indebtedness...
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Reports of Cases Determined in the Supreme Court of the Territory ..., Volume 37

Utah. Supreme Court, Albert Hagan, John Augustine Marshall, John Maxcy Zane, James A. Williams, Joseph M. Tanner, George L. Nye, John Walcott Thompson, August B. Edler, Alonzo Blair Irvine, Harmel L. Pratt, William S. Dalton, H. Arnold Rich - 1912 - 686 páginas
...554.) 2. CORPORATIONS ISSUE OF BONDS "FlCTTTIOCS INCREASE OF INDEBTEDNESS." Const., art. 12, sec. 11, provides that no corporation shall issue stock or bonds, except for money paid or labor done, or property actually received, and that all fictitious increase of stock or indebtedness...
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Annual Report of the American Bar Association: Including ..., Volume 1

American Bar Association - 1878 - 820 páginas
...existing, or which shall hereafter exist, under the laws of the state. No corporation is authorized to issue stock or bonds except for money paid, labor done, or property actually received ; and all fictitious increase of stock or indebtedness is declared to be void. The cumulativn system...
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The Constitution of the United States and the Constitutions of California ...

California - 1879 - 216 páginas
...or incurred in the operation, use, or enjoyment of such franchise, or any of its privileges. § 11. No corporation shall issue stock or bonds, except...money paid, labor done, or property actually received, and all fictitious increase of stock or indebtedness shall be void. The stock and bonded indebtedness...
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Report of the ... Annual Meeting of the American Bar Association, Volume 7

American Bar Association - 1884 - 346 páginas
...states, that it will answer for the examination of the principles involved in them all. It is as follows: "No corporation shall issue stock or bonds except...money paid, labor done, or property actually received; and all fictitious increase of stock or indebtedness shall be void. The stock and bonded indebtedness...
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The Constitution of the State of California Adopted in 1879: With References ...

California - 1879 - 442 páginas
...incurred in the operation, use, or enjoyment of such franchise, or any of its privileges. § 11. Ко corporation shall issue stock or bonds, except for...money paid, labor done, or property actually received, and all fictitious increase of stock or indebtedness shall be void. The stock and bonded indebtedness...
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Albany Law Journal, Volume 20

1879 - 582 páginas
...existing, or which shall hereafter exist, under the laws of the State. No corporation is authorized to issue stock or bonds except for money paid, labor done or property actually received ; and all fictitious increase of stock or indebtedness is declared to be void. The cumulative system...
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The Federal Reporter: Cases Argued and Determined in the ..., Volumes 167-168

1909 - 2094 páginas
...this agreement or plan was ultra vires the company and void because in violation of the provisions that "no corporation shall issue stock or bonds except...money paid, labor done, or property actually received, and all fictitious increases of stock or indebtedness shall be void." Of the justice and wisdom of...
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The Little Lawyer; Or, The Farmers', Mechanics', Miners', Laborers', and ...

Henry A. Gaston - 1880 - 336 páginas
...incurred in the operation, use, or enjoyment of such franchise, or any of its privileges. SEC. 11. No corporation shall issue stock or bonds, except...money paid, labor done, or property actually received, and all fictitious increase of stock or indebtedness shall be void. The stock and bonded indebtedness...
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Debates and Proceedings of the Constitutional Convention of the ..., Volume 1

California, California. Constitutional Convention - 1880 - 648 páginas
...incurred in the operation, use, or enjoyment of such franchise, or any of its privileges. SEC. 11. No corporation shall issue stock or bonds, except...money paid, labor done, or property actually received, and all fictitious increase of stock or indebtedness shall be void. The stock and bonded indebtedness...
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