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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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The Compiled Statutes of the State of Nebraska: Comprising All Laws of a ...

Nebraska, Guy Ashton Brown - 1881 - 806 páginas
...corporations as common carriers shall never be limited. SEC. 5. [Increase of stock and bonds.] — No railroad corporation shall issue any stock or bonds, except...purposes for which such corporation was created, and ah1 stock, dividends, and other fictitious increase of the capital stock or indebtedness of any such...
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Laws, Joint Resolutions, and Memorials, Passed at the ... Session of the ...

Nebraska - 1881
...labor, or bonds property actually received and applied to the purposes for which such corporations was created, and all stock, dividends, and other fictitious...indebtedness of any such corporation shall be void. The capital stock of railroad corporations shall not be increased for any purpose, except after public...
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General Railroad Laws of Michigan: And Digest of [railway] Decisions of the ...

Michigan - 1881 - 156 páginas
...pledged, and the shares for which such certificates are to be issued shall have been fully paid, nor issue any stock or bonds except for money, labor, or property actually received, and applied to the purpose for which such corporation was created; and all fictitious stock dividends and other fictitious...
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The Compiled Statutes of the State of Nebraska: Comprising All Laws of a ...

Nebraska, Guy Ashton Brown - 1881 - 806 páginas
...corporations as common carriers shall never be limited. SEC. 5. [Increase of stock and bonds.]— No railroad corporation shall issue any stock or bonds, except...for money, labor, or property actually received and appfied to the purposes for which such corporation was created, and all stock, dividends, and other...
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Debates and Proceedings of the Constitutional Convention of the ..., Volume 1

California. Constitutional Convention, California - 1880 - 648 páginas
...be incorporated by the laws of this State, shall be citizens and residents of thU State. No railroad corporation shall issue any stock or bonds, except for money, labor, or property actually reserved and applied to the purposes for which such corporation was created, and all dividends and...
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Session Laws

West Virginia - 1881
...and for the purpose for which such corporation was organized. All stock divistnck dirideuds ¿ends, and other fictitious increase of the capital stock or indebtedness of any such incorporations, shall bo void. Consolidation of Stock idth Other Roads, etc.—Leasing, etc. parallel...
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Civil Government of Illinois and of the United States

Edwin Corydon Crawford - 1882 - 104 páginas
...transportation of passengers and freight on the different railroads in this State. § 18. No railroad corporation shall issue any stock or bonds, except...or property actually received, and applied to the purnoses for which such corporation was created; and all stock dividends, and other fictitious increase...
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The American and English Railroad Cases: A Collection of All Cases in the ...

Lawrence Lewis, Adelbert Hamilton, John Houston Merrill, William Mark McKinney, James Manford Kerr, John Crawford Thomson - 1882 - 736 páginas
...bonds in question are void, the company, under the constitution and law, having no power to issue them except for " money, labor or property actually received and applied to the purpose for which the corporation was created." Const. 1870, art. 11, sec. 13 ; Kev. Stat. 1874, chap....
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Laws, Joint Resolutions, and Memorials, Passed at the ... Session of the ...

Nebraska - 1883
...The liability of railroad corporations as common carriers shall never be limited. SEC. 5. No railroad corporation shall issue any stock or bonds, except...indebtedness of any such corporation shall be void. The capital stock of railroad corporations shall not be increased for any purpose, except after public...
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Laws Passed by the Legislature of the State of Nebraska

Nebraska - 1883
...The liability of railroad corporations as common carriers shall never be limited. SEO. 5. No railroad corporation shall issue any stock or bonds, except...indebtedness of any such corporation shall be void. The capital stock of railroad corporations shall not be increased for any purpose, except after public...
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