| 1903 - 1180 pages
...directly contrary to the provisions of section 42G5, 1 Ballinger's Codes & St., which make it unlawful to "in any way pay to the stockholders or any of them any part of the capital stock of the company." It is alleged that creditors held indebtedness against the corporation at the... | |
| William Irvin Brobeck - 1904 - 1434 pages
...the business of such corporation; and it shall not be lawful for the directors of any such company to divide, withdraw, or in any way pay to the stockholders or any of them, any part of the capital stock of such company, or to reduce the said capital stock without the consent of the legislature;... | |
| Horace La Fayette Wilgus - 1904 - 174 pages
...shall make or declare dividends, except from the surplus or net profits arising from its business, nor divide, withdraw, or in any way pay to the stockholders, or any of them, any part of its capital stock, or reduce its capital stock, except as provided in sections 44, and 95. (11.) Interpretation,—The... | |
| Joseph Henry Beale - 1904 - 1208 pages
...arising from its business, nor when its debts, whether due or not, shall exceed two-thirds of its assets, nor divide, withdraw, or in any way pay to the stockholders, or any of them, any part of its capital stock, or reduce its capital stock, except according to this act, and in case of any violation... | |
| Horace La Fayette Wilgus - 1904 - 148 pages
...out of its surplus earnings or net profits arising from its business ; but such corporation shall not divide, withdraw, or in any way pay to the stockholders, or any of them, any part of its capital or reduce its capital stock, except as provided in this Act. (2.) Reserve fund; division... | |
| Washington (State). Supreme Court, Arthur Remington, Solon Dickerson Williams - 1905 - 870 pages
...for the trustees to make any dividend except from the net profits arising from the business of the corporation, nor divide, withdraw, or in any way pay...stockholders, or any of them, any part of the capital stock of the company, nor to reduce the capital stock of the company unless in the manner prescribed... | |
| North Carolina, Thomas Brown Womack, Needham Y. Gulley, William R. Rodman - 1905 - 1412 pages
...arising from its business, nor when its debts, whether due or not, shall exceed two-thirds of its assets, itled to the possession thereof by virtue of a special property therein, the facts in re its capital stock, or reduce its capital stock, except according to this chapter, and in case of any... | |
| New Mexico - 1905 - 478 pages
...corporation shall make dividends, except from the surplus or net profits arising from its business, nor divide, withdraw, or in any way pay to the stockholders, or any of them, any part of its capital stock, or reduce its capital stock, except according to this act, and in case of any violation... | |
| Lawrence Robert Dicksee - 1905 - 398 pages
...corporation shall make dividends, except from the surplus or net profits arising from its business, nor divide, withdraw or in any way pay to the stockholders, or any of them, any part of its capital stock, or reduce its capital stock, except according to this act, and in case of any violation... | |
| Nevada - 1905 - 62 pages
...except from the net profits arising from the business of the corporation; nor to divide, withdraw, nor in any way pay to the stockholders, or any of them, any part of the capital stock of the company; nor to reduce the capital stock, unless in the manner prescribed in this Act,... | |
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