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" Provided, That at no time shall more than one-half of the funds in the treasury of the corporation be applicable to the demands of withdrawing stockholders, without the consent of the board of directors, and that no stockholder shall be entitled to withdraw,... "
Miscellaneous Reports. Cases Decided in the Courts of Record of the State of ... - Page 736
by New York (State). Courts - 1900
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Acts Passed at the ... Session of the General Assembly for the Commonwealth ...

Kentucky - 1918 - 808 pages
...determine, less all fines, expenses and proportionate part of any unadjusted loss: Provided, however, That at no time shall more than one-half of the funds in the treasury of the association be applicable to the demand of withdrawing members or payment of matured shares,...
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Public Documents of Massachusetts, Volume 11

Massachusetts - 1898 - 1286 pages
...the funds of the corporation two hundred dollars : provided, that at no lime shall more than one half of the funds In the treasury be applicable to the payment of such matured shares without the consent of the directors; and provided, further, that when any scries...
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Public Documents of Massachusetts, Volume 6, Part 2

Massachusetts - 1894 - 304 pages
...the shares as the by-laws may provide, and such shareholders shall be paid the balance : provided, that at no time shall more than one-half of the funds in the treasury be applicable to the demands of withdrawing members without the consent of the directors. The directors may, at their discretion,...
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The Working Man's Way to Wealth: A Practical Treatise on Building ...

Edmund Wrigley - 1874 - 124 pages
...such portion of the profits as the By-Laws may determine, less all fines and other charges. Provided that at no time shall more than one-half of the funds in the Treasury be applicable to the demands of withdrawing Stockholders, without the consent of the Board of Directors, and that no Stockholder...
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The Working Man's Way to Wealth: A Practical Treatise on Building ...

Edmund Wrigley - 1874 - 128 pages
...proportion of the profits as the By-Laws may determine, less all fines and other charges : Provided, that at no time shall more than one-half of the funds in the treasury of the corporation be applicable to the demands of withdrawing stockholders, without the consent of...
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Laws Enacted in the General Assembly of the Commonwealth of Pennsylvania ...

Pennsylvania. Laws, statutes, etc - 1874 - 682 pages
...series, such stockholder shall be entitled, in addition thereto, to legal interest thereon : Provi.ded, That at no time shall more than one-half of the funds in ihe treasury of the corporation be applicable to the demands of withdrawing stockholders without the...
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Acts and Resolves Passed by the General Court of Massachusetts

Massachusetts - 1877 - 496 pages
...other charges accrued subsequent to said next preceding assessment and adjustment: provided, however, that at no time shall more than one-half of the funds in the treasury be applicable to the demands of withdrawing shareholders without the consent of the board of directors ; KD/&. further,...
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How to Manage Building Associations: A Director's Guide and Secretary's ...

Edmund Wrigley - 1880 - 252 pages
...proportion of the profits as the By-Laws may determine. less all fines and other charges: Provided, that at no time shall more than one-half of the funds in the treasury of the corporation be applicable to the demands of withdrawing stockholders, without the consent of...
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Acts and Resolves Passed by the General Court of Massachusetts

Massachusetts - 1881 - 524 pages
...per cent, per annum on the sum so due and payable : provided, however, that at no time rrovt«o«. shall more than one-half of the funds in the treasury be applicable to the payment of such matured shares without the consent of the directors ; and provided, further, that the directors...
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Weekly Notes of Cases Argued and Determined in the Supreme Court ..., Volume 10

1881 - 628 pages
...proportion of the profits as the by-laws may determine, less all fines and other charges : provided, that at no time shall more than one-half of the funds in the treasury of the corporation be applicable to the demands of the withdrawing stockholders without the consent...
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