 ... director or stockholder when the corporation is insolvent or its insolvency is imminent, with the intent of giving a preference to any particular creditor over other creditors of the corporation shall be valid. Every person receiving by means of any...  The New York Supplement - Page 5151895Full view - About this book
 | New York (State) - 1829 - 826 pages
...by means of any such conveyance, assignment, transfer, lien, security or payment, any of the effects of the corporation, shall be bound to account therefor to its creditors or stockholders, or their trustees, as the case shall require. 5 10. Every director who shall violate, or be concerned... | |
 | Oliver Lorenzo Barbour, New York (State). Supreme Court - 1854 - 722 pages
...law; and every person receiving, by means of any such conveyance, assignment, &.c. any of the effects of the corporation, shall be bound to account therefor to its creditors or stockholders, or their trustees, as the case shall require." Morcboase v. Ballon. olution adopted by the directors they... | |
 | New York (State). Board of Railroad Commissioners - 1895 - 682 pages
...the intent of giving a preference to any particular creditor over other creditors of the corporati on shall be valid. Every person receiving by means of...to its creditors or stockholders or other trustees. No stockholder of any such corporation shall make any transfer or assignment of his stock therein to... | |
 | New York (State). Board of Railroad Commissioners - 1907 - 796 pages
...to the banking, insurance or railroad law shall make any assignment in contemplation of insolvency. Every person receiving by means of any such prohibited...to its creditors or stockholders or other trustees. No stockholder of any such corporation shall make any transfer or assignment of his stock therein to... | |
 | Oliver Lorenzo Barbour - 1862 - 714 pages
...provides, that every person receiving by means of assignment, or payment, any of the effects of such corporation, shall be bound to account therefor, to its creditors, or stockholders, or their trustees. * If the defendant could not lawfully receive his note, in satisfaction of his claim,... | |
 | New York (State) - 1863 - 1036 pages
...by means of any such conveyance, assignment, transfer, lien, security or payment, any of the effects of the corporation, shall be bound to account therefor to its creditors or stockholders/ or their trustees, as the case shall require. 15 NY, 9; 9N. Y., 591; 17 B., 316; 5 B.° 15, 185; 1 S.... | |
 | 1919 - 2026 pages
...other creditors out of the corporation assets In excess of valid prior liens or incumbrances. « » * Every person receiving by means of any such prohibited...account therefor to Its creditors or stockholders or '•'her trustees. * * * Every transfer or assignment or other act done in violation of the foregoing... | |
 | Alexander Mansfield Burrill - 1882 - 906 pages
...by means of any such conveyance, assignment, transfer, lien, security or payment, any of the effects of the corporation, shall be bound to account therefor to its creditors or stockholders, or their trustees, as the case shall require." 8 § 173. The language of the ninth section of the statute,... | |
 | New York (State) - 1882 - 806 pages
...by means of any such conveyance, assignment, transfer, lien, security or payment, any of the effects of- the corporation shall be bound to account therefor to its creditors or stockholders, or their trustees, as the case shall require; and whenever any incorporated company shall have refused... | |
 | New York (State) - 1883 - 342 pages
...by means of any such conveyance, assignment, transfer, lien, security or payment, any of the effects of the corporation, shall be bound to account therefor to its creditors or stockholders, or their trustees, as the case shall require. Leavitt v. Tylee, I Sandf. Ch. 207; Furniss v. Sherwood,... | |
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