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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... "
Bulletin - Página 88
por Public Ownership League of America - 1919
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Commentaries on the Law of Private Corporations: Whether with Or ..., Volume 2

Charles Fisk Beach - 1891 - 886 páginas
...constitution against the issue, by railway corporations, of " stock or bonds, except for money, la.bor, or property actually received and applied to the purposes for which such corporation was created," is not intended to interfere with the usual methods of raising money for legitimate purposes, as for...
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Constitution of the Commonwealth of Kentucky: Adopted September 28, 1891

Kentucky - 1892 - 244 páginas
...longer period than five years, under penalty of escheat. SEC. 198. No corporation shall issue stock or bonds except for an equivalent in money paid or...labor nor property shall 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...
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Report

Railroad Commission of Kentucky - 1892 - 484 páginas
...a longer period than five years, under penalty of escheat. § 193. No corporation shall issue stock or bonds, except for an equivalent in money paid or...labor nor property shall 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...
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The Compiled Statutes of the State of Nebraska: 1881 (6th Ed.), with ...

Nebraska, Guy Ashton Brown, Hiland Hill Wheeler - 1893 - 1370 páginas
...stock and bonds.] — 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 or indebtedness of any such...
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American Constitutions: Comprising the Declaration of Independence ..., Volume 1

New York (State). Constitutional Convention - 1894 - 1436 páginas
...Constitution, shall thereafter be void and of no effect. Sec. 193. No corporation shall issue stock m m m>i m@ ,, applkjd to the purposes for which such corporation was created, and neither labor nor property shall...
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The Convention Manual, Volume 1,Parte 2

New York (State). Constitutional Convention, George A. Glynn - 1894 - 1518 páginas
...State. >>-c. 13. No railroad corporation shall issue any stock or l«mds, except for money, labor, sB , 4FO ̗T- 8 M猆 * q s! 9 U u... 2 "72 WW HeBm x )@ %t : Z R all such dividends, and other fictitious increase of '•npital stock or indebtedness of any such corporation,...
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Reports of Cases in the Supreme Court of Nebraska, Volume 38

Nebraska. Supreme Court, David Allen Campbell, Guy Ashton Brown, Lorenzo Crounse, Walter Alber Leese, Lee Herdmen, Henry Clay Lindsay, Henry Paxon Stoddart - 1894 - 1068 páginas
...constitution prohibits railroad corporations from issuing any stock or bonds except for money, labor, or property actually received and applied to the purposes for which such corporation was created. The articles of incorporation of the Beatrice road fix the capital stock at one million dollars. The...
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Report

Railroad Commission of Kentucky - 1895 - 368 páginas
...a longer period than five years, under pe<nlty of escheat. § 193. No corporation shall issue stock or bonds, except for an equivalent in money paid or...labor nor property shall 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...
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Report

Railroad Commission of Kentucky - 1896 - 420 páginas
...a longer period than five years, under penalty of escheat. § 193. No corporation shall issue stock or bonds, except for an equivalent in money paid or...labor nor property shall 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...
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A History of Kentucky

Elizabeth Shelby Kinkead - 1896 - 302 páginas
...longer period than five years, under penalty of escheat. SEC. 193. No corporation shall issue stock or bonds except for an equivalent in money paid or...labor nor property shall 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...
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