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" No railroad corporation shall issue any stock or bonds, except for money, labor, or property actually received and applied to the purposes for which such corporation was created, and all stock, dividends, and other fictitious increase of the capital stock... "
The Groundswell: A History of the Origin, Aims, and Progress of the Farmers ... - Página 288
por Jonathan Periam - 1874 - 576 páginas
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Reports of Cases at Law and in Chancery Argued and Determined in ..., Volume 263

Illinois. Supreme Court - 1914 - 714 páginas
...information then sets out section 13 of article 11 of the constitution of Illinois, which reads as follows: "No railroad corporation shall issue any stock or...indebtedness of any such corporation, shall be void." It also set out section 22 of the Railroad Corporation act, which is substantially identical with the...
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Reports of Cases at Law and in Chancery Argued and Determined in ..., Volume 269

Illinois. Supreme Court - 1916 - 710 páginas
...device conceived with the fraudulent intent to evade the constitutional and statutory requirements that no railroad corporation shall issue any stock or bonds...labor or property actually received and applied to the purpose for which such corporation was organized, and that all dividends and other fictitious increase...
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Cases Argued and Adjudged in the Supreme Court of the United States, Volume 18

United States. Supreme Court - 1874 - 726 páginas
...in July, 1870, by the thirteenth section of the eleventh article of which it is declared as follows: "No railroad corporation shall issue any stock or...the purposes for which such corporation was created, mid all stock-dividends, and other fictitious increase of the capital stock, or indebtedness of any...
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Albany Law Journal, Volume 4

1871 - 396 páginas
...for the transportation of passengers and freight on the different railroads in this State." § 13. " No railroad corporation shall issue any stock or bonds,...indebtedness of any such corporation shall be void." undoubtedly correct and invincible in his position that the execution of such a lease cannot be restrained,...
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New Outlook, Volume 85

1907 - 1184 páginas
...thirty percent, stock dividend) was valid. for the Constitution of that State has this provision : No railroad corporation shall issue any stock or bonds...labor, or property actually received and applied to the purpose for which such corporation was created ; and all stock dividends and other fictitious increases...
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Journal of the Constitutional Convention, of the State of Illinois: Convened ...

Illinois. Constitutional Convention - 1870 - 1074 páginas
...franchises. § 6. No railroad or other corporation shall issue any stock, bonds, evidences of indebtedness, except for money, labor or property actually received...purposes for which such corporation was created ; and all steck dividends and other fictitious increase of the capital stock or indebtedness of any such corporation...
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The Merchants' Magazine and Commercial Review, Volume 62

William B. Dana - 1870 - 494 páginas
...to stockholders, in such manner as nay be provided by law. No railroad corporation is permitted to issue any stock or bonds except for money, labor or property actually received and applied to the purpose for which such corporation was created ; all stock dividends and other fictitious increase...
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Chapters of Erie: And Other Essays

Charles Francis Adams, Henry Adams - 1871 - 446 páginas
...for the transportation of passengers and freight on the different railroads in this State." § 13. " No railroad corporation shall issue any stock or bonds,...indebtedness of any such corporation shall be void " § 15. " The General Assembly shall pass laws to correct abuses, and prevent unjust discrimination...
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The Government and the Railroad Corporations

Charles Francis Adams - 1871 - 40 páginas
...for the transportation of passengers and freight on the different railroads in this State." § 13. "No railroad corporation shall issue any stock or...indebtedness of any such corporation shall be void " § 15. "The General Assembly shall pass laws to correct abuses, and prevent unjust discrimination...
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The North American Review, Volume 112

1871 - 494 páginas
...for the transportation of passengers and freight on the different railroads in this State." § 13. "No railroad corporation shall issue any stock or...indebtedness of any such corporation shall be void. . . . ." § 15. "The General Assembly shall pass laws to correct abuses, and prevent unjust discrimination...
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