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 capital stock... Chapters of Erie: And Other Essays - Página 423por Charles Francis Adams, Henry Adams - 1871 - 429 páginasVisualização integral - Acerca deste livro
| 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... | |
| 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... | |
| 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... | |
| 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... | |
| 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... | |
| 1871 - 816 páginas
...charges for the transportation of passengers and freight on tho different railroads in this State. SEO. 13. No railroad corporation shall issue any stock...actually received and applied to the purposes for whim such corporation was created ; and all stock dividends, and other fictitious increase of the capital... | |
| 1871 - 822 páginas
...for the transportation of passengers and freight on tho different railroads in this State. SEC. 18. No railroad corporation shall issue any stock or bonds,...actually received and applied to the purposes for which euch corporation was created ; and all stock dividends, and other fictitious increase of tho capital... | |
| Illinois - 1872 - 944 páginas
...property of individuals. i»ae of stock § 21. No such corporation shall issue any stock or and bond* bonds, except for money, labor or property actually...applied to the purposes for which such corporation was organized. All stock dividends and other fictitious increase of the capital stock or indebtedness of... | |
| Pennsylvania. Constitutional Convention - 1873 - 830 páginas
...Legislature shall provide by law for the proper enforcement of this section. SECTION 11. No railroad or canal corporation shall issue any stock or bonds, except...corporation was created ; and all stock dividends and other flcti fions Increase of the capital stock or indebtedness of any such corporations, shall be void.... | |
| Pennsylvania. Constitutional Convention - 1873 - 850 páginas
...notice, given of at least sixty days, to all stockholders in such manner as may be provided by law. No railroad corporation shall issue any stock or bonds...property actually received and applied to the purposes /or which such corporation was created, and all stock dividends and other fictitious increase of .the... | |
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