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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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Compilation of the Statutes of West Virginia Relating to the Formation of ...

West Virginia - 1883 - 155 páginas
...applied and invested in and for the purposes of the corporation. All other stock dividends, and all fictitious increase of the capital stock, or indebtedness of any such corporation, shall be void. [Code, ch. 54, § 52, as amended by Acts 1881, ch. 17, and Acts 1882, ch. 97.] Extension of line beyond...
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Federal Decisions: Cases Argued and Determined in the Supreme ..., Volume 10

1884
...provision in the constitution of Illinois, and the statutes enacted to carry it into effect: "No railroad corporation shall issue any stock or bonds, except...purposes for which such corporation was created, and all stock-dividends and other fictitious increase of the capital stock, or indebtedness of any such corporation,...
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The Pacific Reporter, Volume 49

1897
...Tex. 629. 3. By the constitution of Illinois it Is provided that no railroad corporation shall Issue stock or bonds except for money, labor, or property...the purposes for which such corporation was created. The constitution of this state (article 12, | 11) contains a similar provision, omitting the clause...
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The Compiled Statutes of the State of Nebraska, 1881: With Amendments 1882 ...

Nebraska, Guy Ashton Brown - 1885 - 918 páginas
...corporations as common carriers shall never be limited. SEC. 5. [Increase of stock and bonds.] — No railroad ivision ; Provided, That all stockholders in either of such corporations snch corporation shall be void. The capital stock of railroad corporations shall not be increased for...
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Laws, Joint Resolutions, and Memorials, Passed at the ... Session of the ...

Nebraska - 1885
...limited. SEC. 5. No railroad corporation shall issue] any stock or bonds, except for money, bondslabor, or property actually received and applied to the purposes...indebtedness of any such corporation shall be void. The capital stock of railroad corporations shall not be increased for any purpose, except after i>...
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Laws

Illinois - 1885
...of new shares may be authorized, shall think fit: Provided, that no stock or bonds shall be issued, except for money, labor or property actually received...the purposes for which such corporation was created; nor shall the capital stock be increased for any purpose except upon giving sixty days' public notice...
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The Northeastern Reporter, Volume 105

1914
...I'ROVISIONS. While, under Const, art. 11, § 13, declaring that no railroad corporation shall issTie any stock or bonds except for money, labor, or property actually received, and that all stock dividends and other fictitious increases of capital stock shall be void, a railroad...
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A Treatise on the Law of Private Corporations, Volume 2

Victor Morawetz - 1886 - 1173 páginas
...Securities. — By the Constitution and Revised Statutes of Illinois, it was provided that " no railroad corporation shall issue any stock or bonds except...purposes for which such corporation was created ; and all stocks, dividends, and other fictitious increase of the capital stock or indebtedness of any such corporation,...
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Our "Remedy in the Laws."

Charles L. Bonney - 1887 - 39 páginas
...transportation of passengers and freight on the different railroads in this state. | 13. 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: Embracing All Laws of a ...

Illinois - 1887 - 1821 páginas
...transportation of passengers and freight on the different railroads in this Slate. § 13. 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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