 | Kentucky - 1928 - 98 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... | |
 | United States. Federal Trade Commission - 1934 - 938 páginas
...504-2.) 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 cor]>oration was created, and neither labor nor property shall be received in payment of stock or bonds... | |
 | 1916 - 1096 páginas
...with the fraudulent intent to evade the constitutional and statutory requirements that no railroad corporation shall issue any stock or bonds except...labor, or property actually received and applied to the purpose for which such corporation was organized, and that all dividends and other fictitious increase... | |
 | 1914 - 1264 páginas
...STOCK — CONSTITUTIONAL PROVISIONS. While, under Const, art. 11, § 13, declaring that no railroad corporation shall issue 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... | |
 | Illinois State Bar Association - 1917 - 690 páginas
...of its adoption can hardly be understood at the present time. Section 13 provides: "That no railroad corporation shall issue any stock or bonds except...labor or property actually received and applied to the purpose for which said corporation was created; and all stock, dividends, and other fictitious increase... | |
 | Nebraska - 1885 - 504 páginas
...except for money, bonds , labor, or property actually received and applied to the purposes for Avhich such corporation was created, and all stock, dividends,...indebtedness of any such corporation shall be void. The capital stock of railroad corporations shall not be increased for any purpose, except after public... | |
 | 1923 - 894 páginas
...corporation may not be waived. Article 11, section 13, of the Constitution of 1870 reads: "No railroad corporation shall issue any stock or bonds, except...labor or property actually received and applied to the purpose for which such corporation was created; and all stock dividends, and other fictitious increase... | |
 | California. Supreme Court - 1906 - 858 páginas
...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 XII, section 11, contains a similar provision — omitting... | |
 | Claudia Goldin, Gary D. Libecap - 2008 - 324 páginas
...transportation of passengers and freight on the different railroads in this State. 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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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... 
