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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... "
Debates of the Convention to Amend the Constitution of Pennsylvania ... - Página 153
por Pennsylvania. Constitutional Convention - 1873
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Laws of the State of Illinois Enacted by the General Assembly

Illinois - 1872
...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...
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The Lakeside Monthly, Volume 9

Francis Fisher Broune - 1873
...on the different railroads in this State. "No railroad corporation shall issue any stock or bonos, except for money, labor, or property actually received...indebtedness of any such corporation, shall be void. The capital stock of no railroad corporation shall be increased for any purpose, except upon sixty...
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Journal of the Convention to Amend the Constitution of Pensylvania ..., Parte 1

Pennsylvania. Constitutional Convention - 1873 - 1424 páginas
...transportation of passengers and freight on the different railroads and canals of this State. SECTION — . No railroad or canal corporation shall issue any stock...labor or property actually received and applied to the purjwses for which such corporation was created ; and all stock, dividends and other fictitious increase...
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Official Report of the Proceedings and Debates of the Third Constitutional ...

Ohio. Constitutional Convention - 1873
...and companies transporting thereon, in furnishing cars or motive power. SEC. 11. No railroad company shall issue any stock or bonds except for money, labor...received and applied to the purposes for which such company was created, and all stock dividends and other fictitious increase of the capital stock or...
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The Lakeside Monthly, Volume 9

1873
...the transportation of passengers and freight on the different railroads in this State. " No railroad corporation shall issue' any stock or bonds, except...property actually received and applied to the purposes fur which such corporation was created; and all stock dii idenils, and other fictitious increase of...
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Railway Law in Illinois: The Relations of Railroads to the People, as Set ...

Frank Gilbert - 1873 - 337 páginas
...railway facts might show, railway law is very plain on this point. § 56. No stock or bonds may be issued except for money, labor or property actually received and applied to the purposes for which the company was organized. This is the constitutional law.5 No stock dividends or 1 Peake v. Wabasli...
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The Groundswell: A History of the Origin, Aims, and Progress of the Farmers ...

Jonathan Periam - 1874 - 576 páginas
...Section 13, prohibits any railroad company from issuing watered stock, in these words: "No railroad corporation shall issue any stock or bonds except...indebtedness of any such corporation shall be void. The capital stock of no railroad corporation shall be increased for any purpose, except upon giving...
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The Revised Statutes of the State of Illinois: A. D. 1874

Illinois - 1874 - 1235 páginas
...transportation of passengers and freight on the different railroads in this state. § 13. No railroad llinois journal company The capital stock of no railroad corporation shall be increased for any purpose, except upon giving...
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Annual Report of the Railroad Commissioners of the State of Wisconsin, Parte 1

Wisconsin. Railroad Commissioners' Department - 1874
...transportation of passengers and freight on the different railroads of the state." Sixth, That " no corporation shall issue any stock or bonds, except...purposes for which such corporation was created;" that "all stock dividends and other fictitious increase of the capital stock or indebtedness of any...
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Public Documents of the State of Wisconsin: Being the Reports of ..., Volume 2

Wisconsin - 1875
...transportation of passengers and freight on the different railroads of the state." Sixth, That "no corporation shall issue any stock or bonds, except...purposes for which such corporation was created;" that "all stock dividends and other fictitious increase of the capital stock or indebtedness of any...
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