 No corporation shall issue stock or bonds except for an equivalent in money paid or labor done, or property actually received and applied to the purposes for which such corporation was created, and neither labor nor property shall be received in payment...  Bulletin - Página 88por Public Ownership League of America - 1919Visualização integral - Acerca deste livro
 | 1918 - 1212 páginas
...payment of stock or bonds at a greater value than the market price at the time the said labor was clone or property delivered, and all fictitious increase of stock or indebtedness shall be void.' The learned judge at the circuit held that the contract in this case wns for an illegal purpose., heeause... | |
 | Kentucky - 1891 - 84 páginas
...be received in payment of stock or bonds at a greater value than the market price at the time said labor was done or property delivered, and all fictitious increase of stock or indebtedness shall be void. SEC. 194. All corporations formed under the laws of this State, or carrying on business in this State,... | |
 | Railroad Commission of Kentucky - 1892 - 484 páginas
...be received in payment of stock or bonds at a greater value than the market price at the time said labor was done or property delivered, and all fictitious increase of stock or indebtedness shall be void. § 194. All corporations formed under the laws of this State, or carrying on business in this State,... | |
 | New York (State). Constitutional Convention - 1894 - 1436 páginas
...shall be received in payment of stock or bonds at a greater value than the marketprice at the time said ynn Sec. 194. All corporations formed under the laws of this State, or carrying on business in this State,... | |
 | Elizabeth Shelby Kinkead - 1896 - 302 páginas
...be received in payment of stock or bonds at a greater value than the market price at the time said labor was done or property delivered ; and all fictitious increase of stock or indebtedness shall be void. SEC. 195. The Commonwealth, in the exercise of the right of eminent domain, shall have and retain the... | |
 | Railroad Commission of Kentucky - 1896 - 420 páginas
...be received in payment of stock or bonds at a greater value than the market price at the time said labor was done or property delivered, and all fictitious increase of stock or indebtedness shall be void. § 194. All corporations formed under the laws of this State, or carrying on business in this State,... | |
 | Pauline Helm Hardin - 1900 - 242 páginas
...be received in payment of stocks or bonds at a greater value than the market price at the time said labor was done or property delivered, and all fictitious increase of stock or indebtedness shall be void. SEC. 194. All corporations formed under the laws of this State, or carrying on business in this State,... | |
 | William Warwick Thum, Fred P. Caldwell - 1905 - 976 páginas
...be received in payment of stock or bonds at a greater value than the market price at the time said labor was done or property delivered; and all fictitious Increase of stock shall be void. Acts 1891-93, ch. 171, §31, p. 624, became a law April 5, 1893. (Identical with §193... | |
 | E. Polk Johnson - 1912 - 654 páginas
...be received in payment of stock or bonds at a greater value than the market price at the time said labor was done or property delivered, and all fictitious increase of stock or indebtedness shall be void. Section 194. All corporations formed under the laws of this State, or carrying on business in this... | |
 | John Thomas Mulligan - 1913 - 616 páginas
...received exceeds the amount of the indebtedness assumed." value than the market price at the time the said labor was done or property delivered, and all fictitious...increase of stock or indebtedness shall be void." The Federal court has held that under this constitutional provision a corporation could issue stock... | |
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