 | 1916 - 1404 páginas
...paid stock and j not 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 • * * services rendered, shall be conclusive." Chapter 47, § 87: "The capital stock subscribed... | |
 | 1914 - 1304 páginas
...issued for the value of property purchased, and declares that such stock shall be fully paid, and, in the absence of fraud in the transaction, the judgment of the directors as to the value of such property purchased shall be conclusive. Section 55 of the Public Service Commissions Law (Consol. Laws,... | |
 | 1911 - 1320 páginas
...holder thereof be liable for any further payment under any of the provisions of this chapter ; 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... | |
 | 1915 - 1288 páginas
...holder thereof be liable for any further payment under any of the provisions of this chapter ; and in the absence of fraud in the transaction the judgment of the directors as to the vaue of the property purchased shall be conclusive." In Lorillard v. Clyde, 86 NY 384, the court said:... | |
 | New York (State). Supreme Court. Appellate Division - 1910 - 1160 páginas
...corporation, but permit a corporation to purchase property and to issue stock for the value thereof, and, in the absence of fraud in the transaction, the judgment of the directors as to the value of the property purchased is conclusive. Under this statute many corporations issue securities in exchange... | |
 | William John Tossell - 1906 - 924 páginas
...fullpaid stock and not 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. The truth of the allegations... | |
 | New Jersey - 1896 - 474 páginas
...liable for any further pay-ment under any of the provisions of this act; and in the absence of actual fraud in the transaction, the judg-ment of the directors as to the value of the property purchased shall be conclusive; and in all statements and reports of the corporation to... | |
 | Franklin Harvey Head - 1899 - 672 páginas
...cash, property or services. Seventh, stock may be issued in compensation for services rendered, and in the absence of fraud in the transaction, the judgment of the directors as to the value of such services is conclusive. (In New Jersey authority is given to issue stock for property, but not for... | |
 | New Jersey - 1899 - 422 páginas
...liable for any further 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... | |
 | Thomas Conyngton - 1900 - 214 páginas
...said labor was done, or property delivered, or title acquired." (State Constitution, Art. IX, Sec. 3.) "When any corporation shall issue stock for labor...directors as to the value of such labor, property, real estate or leases shall be conclusive. (§ 137.) The first paragraph is from the State Constitution;... | |
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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... 
