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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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Public Ownership: A Survey of Public Enterprises, Municipal, State, and ...

Carl Dean Thompson - 1925 - 520 páginas
...'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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The Federal Reporter, Volume 92

1899 - 1052 páginas
...art 11, § 5 (Consol. St. Neb. 1891, p. 72), which provides that a railroad company shall not issue stock or bonds except for money, labor, or property actually received, and that fictitious Issues of stock or bonds shall be void, because at the time of the exchange the cash...
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The South Western Reporter, Volume 277

1926 - 1216 páginas
...provides: "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 wns created, and neither labor nor property shall be received in payment of stock or bonds at a greater...
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The Central Law Journal, Volume 24

1887 - 652 páginas
...: "The latter part of the clause of the constitution in question, which declares that 'all stocks, dividends, and other fictitious increase of the capital stock or indebtedness of such corporation shall be void,' we think clearly points out the chief object which the constitutional...
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The Outlook, Volume 85

1907 - 1090 páginas
...dividend) was valid, 536 THE WEEK for the Constitution of that State has this provision : 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 increases...
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Constitution of Kentucky

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...
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Forms of Pleading in Actions for Legal Or Equitable Relief: Prepared with ...

Austin Abbott, Edwin M. Bohm - 1931 - 778 páginas
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Nebraska Blue Book

Nebraska. Legislature. Legislative Council - 1934 - 580 páginas
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Utility Corporations: Letters from the Chairman of the Federal ..., Edição 69

United States. Federal Trade Commission - 1934 - 936 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...
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The Northeastern Reporter, Volume 110

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...
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