 | Frank Greene Bates, Oliver Peter Field - 1928 - 606 páginas
...months from the time of the approval of this Constitution shall thereafter have no validity. SEC. 4. No corporation shall engage in any business other than that expressly authorized in its charter or by the law under which it may have been or may hereafter be organized. SEC. 5. No corporation organized... | |
 | Hascal Russel Brill - 1928 - 1242 páginas
...Bros. Const. Co. v. United States, 13 Ariz. 388, 114 Pac. 955. 2098. Limited to Business Specified. No corporation shall engage in any business other than that expressly authorized in its articles of incorporation or by the law under which it may have been or may hereafter be organized.... | |
 | William Burge - 1914 - 1174 páginas
...than $50,000 (I). In Pennsylvania the Constitution provides that no corporation shall take or hold real estate except such as may be necessary and proper for its legitimate business. The statutes have furthermore restricted the amount of lands which certain kinds of corporations may... | |
 | South Dakota Bar Association - 1897 - 526 páginas
...Among other wise provisions placed in our state constitution is Section XVII which reads as follows: "No corporation shall engage in any business other...necessary and proper for its legitimate business." No doubt it was the original intent of this section to restrict the ownership in lands by corporations.... | |
 | 1927 - 324 páginas
...South. 862, and cases there cited, as well as section 233 of the Constitution of 1901, and which says: "No corporation shall engage in any business other than that expressly authorized in its charter or articles of incorporation." This provision of our organic law has been given force and effect in... | |
 | Samuel Hazard, John Blair Linn, William Henry Egle, George Edward Reed, Thomas Lynch Montgomery, Gertrude MacKinney, Charles Francis Hoban - 1902 - 1144 páginas
...dividends." This is unwarranted, for the first clause of the section hereinbefore cited provided that "no corporation shall issue stocks or bonds except for money, labor done, or money or other property actually received." Further: It is provided, "that it shall be lawful * * * for any... | |
 | John Allen Finch - 1913 - 674 páginas
...Same — Same — Necessity of Suit: Under Sec. 192, Ky. Const., providing that corporations shall not hold any real estate, except such as may be necessary and proper for carrying on their legitimate business, for a period of more than five years under penalty of escheat,... | |
 | United States. Federal Trade Commission - 1934 - 938 páginas
...filing a certified copy of its articles of incorporation with its secretary of state (id., sec. 9). No corporation shall engage In any business other than that expressly authorized in its charter or articles of incorporation (id., sec. 10). c. Foreign corporation provisions. — No corporations... | |
 | Railroad Commission of Wisconsin - 1908 - 890 páginas
...constitutional provision of the state of Pennsylvania providing that no corporation shall issue stock or bonds except for money, labor done, or money or property actually received, and in connection therewith an act of the .cgislature passed to enforce this constitutional provision against... | |
 | U.S. Federal power commission, United States. Federal Power Commission - 1935 - 584 páginas
...subject to the provisions of the constitution of that State (art. XVI, sec. 7), which provides that: No corporation shall issue stocks or bonds except...labor done, or money or property actually received; ind all fictitious increase of stock or indebtedness shall be void. The licensee in claiming the par... | |
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No corporation shall engage in any business other than that expressly authorized in its charter, nor shall it take or hold any real estate, except such as may be necessary and proper for its legitimate business. 
