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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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Kentucky Directory for the Use of Courts, State and County Officials and ...

Frank K. Kavanaugh - 1916 - 298 páginas
...193. No corporation shall issue stock or bonds except for an equivalent in money paid or labor done, or property actually received and applied to the purposes for which such corporation was created, and neither labor nor property shall be received in payment of stock or bonds at a greater value than the...
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A Selection of Cases on Commercial Law

James Calvin Reed - 1917 - 652 páginas
...received and applied to the purposes for which such corporation was created, and all stock-dividends, and other fictitious increase of the capital stock,...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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Adjustment of Labor's Demands During Federal Control of Railroad Operation

Glenn Edward Plumb - 1918 - 20 páginas
...constitution in which it embodied the following provision: No railroad corporation shall issue its stock or bonds except for money, labor, or property actually received and applied to the purpose for which such corporation was created. Any stock dividend, or other fictitious increase of...
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Annals of the American Academy of Political and Social Science, Volume 76

1918
...constitution in which it embodied the following provision: No railroad corporation shall issue its stock or bonds except for money, labor, or property actually received and applied to the purpose for which such corporation was created. Any stock dividend, or other fictitious increase of...
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Constitution of the State of Illinois: Annotated, Comp. and Pub. by the ...

Illinois - 1919 - 319 páginas
...interurban electric railroad of less than the maximum rate of two cents per mile." Section 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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List of Suggestions for Constitutional Change Together with Texts of ...

Illinois. General Assembly. Legislative Reference Bureau - 1919 - 183 páginas
...transportation of passengers and freight on the different railroads in this State. SECTION i:i. 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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Constitution of the State of Illinois: Annotated

Illinois - 1919 - 340 páginas
...interurban electric railroad of less than the maximum rate of two cents per mile." Section 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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Bulletin, Edição 12

Public Ownership League of America - 1919
...Etc.," p. 17. Wm 1C.-'" >« stocks or bonds except for an equivalent in money paid, or labor* done, or property actually received and applied to the purposes for which such corporation was created; and neither labor nor property shall be received in payment of stocks or bonds at a greater value than...
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Extention of Tenure of Government Control of Railroads: Hearings...Wash. 1919

United States. Congress. Senate. Interstate Commerce Committee - 1919
..."that no corporation shall issue stocks or bonds except for an equivalent in money paid, or labor done, or property actually received and applied to the purposes for which such corporation was created ; and neither labor nor property shall be received in payment of stocks or bonds at a greater value than...
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Return of the Railroads to Private Ownership, Hearings Before ... Part 5. 66 ...

United States. Congress. House Interstate and Foreign Commerce - 1919 - 294 páginas
...constitutional provision in these words: No railroad corporation shall issue its stock or bonds except or money, labor, or property actually received and applied to the purposes for which the corporation was created; any stock dividend or other fictitious increase of capital stock or indebtedness...
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