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" The stock of every company formed under this act shall be deemed personal estate, and shall be transferable in the manner prescribed by the by-laws of the company, but no shares shall be transferable until all previous calls thereon shall have been fully... "
Statutes at Large of the State of New York: Comprising the Revised Statutes ... - Page 220
by New York (State) - 1882
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A Selection of Cases on the Law of Private Corporations

Leslie Jay Tompkins - 1908 - 1188 pages
...section then gives the power which was lacking in the case in 19 Wendell, supra, by further enacting that no share shall be transferable until all previous calls thereon shall have been fully paid in, or it shall have been declared forfeited for nonpayment of calls thereon. There is no express power...
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Partnership. Private corporations. Public corporations

Albert Hutchinson Putney - 1908 - 416 pages
...corporation, and shall be transferable in the manner prescribed in this chapter and in the by-laws. No share shall be transferable until all previous calls thereon shall have been fully paid in. Any stock corporation, domestic or foreign, now existing or hereafter organized except monied corporations,...
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Popular Law Library, Putney...

Albert H. Putney - 1908 - 408 pages
...corporation, and shall be transferable in the manner prescribed in this chapter and in the by-laws. No share shall be transferable until all previous calls thereon shall have been fully paid in. Any stock corporation, domestic or foreign, now existing or hereafter organized except monied corporations,...
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Corporation Law of Maryland

Maryland - 1908 - 390 pages
...transferable on its books in such manner as may be prescribed by the stock certificate or the by-laws, but no share shall be transferable until all previous calls thereon shall have been paid in. Calls. 38. Unless otherwise payable by the subscription contract, the directors of any corporation...
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Report of the Commissioner of Corporations on Transportation by Water in the ...

United States. Bureau of Corporations - 1909 - 648 pages
...less than fiftv dollars nor more than one hundred dollars each, and shall be deemed personal property, and shall be transferable in the manner prescribed...transferable until all previous calls thereon shall liavo been fully paid or the share has been forfeited for the nonpayment of calls thereon. 5415. (4108.)...
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The Laws of the State of New York Relating to Banks, Banking, Trust ...

Willis Seaver Paine - 1910 - 874 pages
...corporation, and shall be transferable in the manner prescribed in this chapter and in the by-laws. No share shall be transferable until all previous calls thereon shall have been fully paid in. (L. 1890, ch. 564, § 40, as amended by L. 1892, oh. 688, § 40; L. 1902, ch. 601, § 1.) 1. The capital...
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New York Bar Examination Questions and Answers

Louis Applebome - 1910 - 468 pages
...paid up. Sec. 50 of the Stock Corp. Law (Consolidated Laws, chap. 59) provides in part as follows: "No share shall be transferable until all previous calls thereon shall have been fully paid in." If the stock has been fully paid and the corporation refuses a transfer on the books of the corporation...
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The Law of Illinois Corporations: Including Decisions, Statutes and Forms ...

Rodolphus Waite Joslyn - 1910 - 646 pages
...14. Stock personalty — Transfer of — Use of funds.) § 14. The stock of such corporation shall be deemed personal estate and shall be transferable in the manner prescribed by the by-laws of such corporation. But no shares shall be transferable until all previous calls thereon shall have been...
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Laws of the State of Delaware

Delaware - 1911 - 862 pages
...deemed personal estate and be transferable in the manner prescribed by the by-laws of the corporation, but no share shall be transferable until all previous calls thereon shall have been paid. Section 154. Whenever any corporation organized under this Act, for locating, building, constructing,...
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Banking Law of New York: Chapter 2 of Consolidated Laws, Chapter 369, Laws ...

George Wilson Morgan, Amasa Junius Parker - 1914 - 562 pages
...corporation, and shall be transferable in the manner prescribed in this chapter and in the by-laws. No share shall be transferable until all previous calls thereon shall have been fully paid in. § 51. Transfers of stock by stockholder indebted to corporation. If a stockholder shall be indebted...
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