 | Michigan. Legislature. House of Representatives - 1903 - 750 páginas
...except the liability imposed by Section 29; and in the absence of actual fraud in the transaction, the judgment of the directors as to the value of the property shall be conclusive. And in addition to the powers hereinbefore enumerated, every corporation organized... | |
 | New York (State). Board of Railroad Commissioners - 1904 - 1516 páginas
...further payment under any of the pro visions of this act; and in the absence of fraud in the transaction the judgment of the directors as to the value of the property purchased shall be conclusive; and in all statements and reports of the corporation, by law required to be published... | |
 | Joseph Henry Beale - 1904 - 1208 páginas
...payment under any of the provisions of this act; and in the absence of actual fraud in the transaction, the judgment of the directors as to the value of the property purchased shall be conclusive; and in all statements and reports of the corporation to be published or filed... | |
 | Ohio. Circuit Court - 1905 - 726 páginas
...liable to any further call or payment thereon; and in the absence of actual fraud in the transaction, the judgment of the directors as to the value of the property purchased, or services rendered, shall be conclusive" (Section 50). 1904-5.] Cuyahoga County. The truth of the... | |
 | Martha Uboe Overland - 1905 - 484 páginas
...payment under any of the provisions of this act; and in the absence of actual fraud in the transaction, the judgment of the directors as to the value of the property purchased shall be conclusive. § 48; Plaquemines TF Co. v. Buck, 52 NJ Eq. 219 (1893). When capital stock is... | |
 | William Austen Carney - 1905 - 292 páginas
...become and be fully paid up and non-assessable, and in the absence of actual fraud in the transaction, the judgment of the Directors as to the value of the property purchased shall be conclusive. Fourth. The time of the commencement of this corporation shall be the date of... | |
 | New Mexico - 1905 - 478 páginas
...payment under any of the provisions of this act; and in the absence of actual fraud in the transaction, the judgment of the directors as to the value of the property purchased shall be conclusive; and in all statements and reports of the corporation to be published or filed... | |
 | John Joseph Rahill - 1905 - 466 páginas
...money, the amount must be equal to the par of the stock; the same applies when issued for property, but, "the judgment of the directors as to the value of the property purchased shall be conclusive," 1 (presuming of course that the trade is not fraudulent), the courts having held... | |
 | M. Jezabek, M. Praszałowicz - 1906 - 476 páginas
...even prior to the enactment of Chapter 185, Section 49 of the laws of 1896, the law of New Jersey was that "in the absence of actual fraud, the judgment...directors as to the value of the property purchased shall be conclusive" upon all parties. In other words, the statute was merely declaratory of the common... | |
 | New York (State). Legislature. Senate - 1906 - 1380 páginas
...further payment under any of the provisions of this act; and in the absence of fraud in the transaction the judgment of the directors as to the value of the property purchased shall be conclusive; and in all statements and reports of the corporation, by law required to be published... | |
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... in the absence of fraud in the transaction the judgment of the directors as to the value of the property purchased shall be conclusive... 
