 | 1885 - 544 pages
...provides that ' ' no corporation shall issue stocks or bonds except for money, labor done, or money or property actually received; and all fictitious increase of stock or indebtedness shall be void." An incorporated railroad company of that State entered into a construction contract... | |
 | Pennsylvania. Constitutional Convention - 1873 - 746 pages
...seventh and eighth : "SECTION 7. No corporation shall issue stocks or bonds except for money, labor or property actually received ; and all fictitious increase of stock or indebtedness shall be void ; the stock and indebtedness of corporations shall not be increased except in pursuance... | |
 | Edward McPherson - 1872
...and proper for its legitimate business. No corporation shall issue stocks or bonds except for money, labor done, or property actually received; and all fictitious increase of stock or indebtedness shall be void. The stock of corporations shall not be increased, except in pursuance of general law,... | |
 | Edward McPherson - 1874 - 268 pages
...and proper for its legitimate business. No corporation shall issue stocks or bonds except for money, labor done, or property actually received; and all fictitious increase of stock or indebtedness shall be void. The stock of corporations shall not be increased, except in pursuance of general law,... | |
 | Michigan. Legislature. Senate - 1874 - 284 pages
...be served. SEC. 7. No corporation shall issue stocks or bonds except for money, labor done, or money or property actually received; and all fictitious increase of stock or indebtedness shall be void. The stock and indebtedness of corporations shall not be increased except in pursuance... | |
 | 1896 - 644 pages
...attorney- general. "No corporation shall issue stocks or bonds except for money, labor done or money or property actually received, and all fictitious increase of stock or indebtedness shall be void." The Act of May 7, 1887, PL 94, is entitled, ' 'An Act to enforce against railroads... | |
 | Pennsylvania. Laws, statutes, etc - 1876 - 288 pages
...therefor; no such corporation shall issue either bonds or stock except for money, labor done or money or property actually received, and all fictitious increase of stock or indebtedness in any form shall be void; every such corporation may provide for the issue of deferred stock in payment... | |
 | Utah. Supreme Court, Albert Hagan, John Augustine Marshall, John Maxcy Zane, James A. Williams, Joseph M. Tanner, George L. Nye, John Walcott Thompson, August B. Edler, Alonzo Blair Irvine, Harmel L. Pratt, William S. Dalton, H. Arnold Rich - 1912 - 686 pages
...and that all fictitious increase of stock, or indebtedness, shall be void. Section 11 provides that no corporation shall issue stock or bonds, except...money paid, labor done, or property actually received. Comp. Laws 1907, sec. 316, provides that property may be received in payment for stock, but if so,... | |
 | Colorado - 1877 - 1182 pages
...SEC. 9. No corporation shall issue stocks or bonds, except for labor done, service performed, or money or property actually received, and all fictitious increase of stock or indebtedness shall be void. The stock of corporations shall not be increased except in pursuance of general law,... | |
 | Benjamin Perley Poore - 1877 - 1054 pages
...charter. SEC. 6. No corporation shall issue stock or bonds, except for money, labor done, or money Benjamin Pe 3 0 shall be void. The stock and bonded indebtedness of corporations shall not be increased, except in... | |
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No corporation shall issue stock or bonds, except for money paid, labor done, or property actually received, and all fictitious increase of stock or indebtedness shall be void. 
