 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 capital stock...  The Government and the Railroad Corporations - Página 24por Charles Francis Adams - 1871 - 33 páginasVisualização integral - Acerca deste livro
 | Nebraska, Guy Ashton Brown - 1881 - 838 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,...purposes for which such corporation was created, and ah1 stock, dividends, and other fictitious increase of the capital stock or indebtedness of any such... | |
 | Nebraska, Guy Ashton Brown - 1881 - 842 páginas
...railroad corporations as common carriers shall never be limited. SEC. 5. [Increase of stock and bonds.]— No railroad corporation shall issue any stock or bonds,...for money, labor, or property actually received and appfied to the purposes for which such corporation was created, and all stock, dividends, and other... | |
 | 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... | |
 | California. Constitutional Convention - 1880 - 648 páginas
...hereafter to 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... | |
 | Edwin Corydon Crawford - 1882 - 128 páginas
...charges for the transportation of passengers and freight on the different railroads in this State. § 18. No railroad corporation shall issue any stock or bonds,...or property actually received, and applied to the purnoses for which such corporation was created; and all stock dividends, and other fictitious increase... | |
 | 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.... | |
 | 1884 - 1062 páginas
...following provision in the constitution of Illinois, and the statutes enacted to carry it into effect: "No railroad corporation shall issue any stock or...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,... | |
 | 1897 - 1158 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 12, | 11) contains a similar provision, omitting the clause... | |
 | Nebraska State Historical Society - 1905 - 598 páginas
...carriers shall never be limited, but the same shall be and remain as fixed by the common law. Sec. 5. No railroad corporation shall issue any stock or bonds...actually received and applied to the purposes for which said corporation was created; and all stock, dividends and other fictitious increase of the capital... | |
 | Illinois - 1885 - 290 páginas
...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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