...equal to the par value thereof, nor any bonds, or other evidence of indebtedness, except for money, labor or property, estimated at its true money value, actually received by it, equal to seventy-five per cent, of the par value thereof, and all stocks and Stock quoted in market. bonds issued...

...equal to the par value thereof, nor any bonds, or other evidence of indebtedness, except for money, labor or property, estimated at its true money value, actually received by it, equal to seventy-five per cent, of the par value thereof, and all stocks and In market. bonds issued contrary...

...could not have been intended by the framers of the Constitution." 1 In Wisconsin, it was enacted that " no corporation shall issue any stock, or certificate...true money value actually received by it, equal to seventy-five per cent of the par value thereof ; and all stocks and bonds issued contrary to the provisions...

...amended shall read as follows: "Section 1753. No corporation shall issue any >tock x>r certificates of stock except in consideration of money, or labor or property estimated ;it its true money value, actually received by it, equal to the par value thereof, nor any bonds <>r...

...shall not be issued, nor any bond, or other evidence of Indebtedness, except in consideration of money, de bene ease, or upon reasonable notice to the adverse parly, or upon int the corporation, and equal to the par value of such stocks, bonds, etc., and all stocks and bonds issued...

...organized, and the stock newly issued, under a statute which forbade the issue of stock by any corporation "except in consideration of money, or labor, or property...actually received by it, -equal to the par value thereof" (Rev. St. Wis. § 1753), there might arise a presumption, in the absence of contrary evidence, that...

...the twenty per centum was paid In cash." But the statute expressly authorized such stock to be Issued "In consideration of money or labor or property estimated at Its true money value." Section 1753, Rev. St. 189S. as amended by chapter 193, Laws 1899. The two sections of the statutes...

...certificate. Sec. 1753, and sec. 1, ch. 193, Laws of 1899, provides Pietsch v. Krause, 116 Wis. 844. that "no corporation shall Issue any stock or certificate...actually received by It, equal to the par value thereof, and that "all stocks . . . issued" contrary to that section shall be void. Sec. 1773 contemplates that...

...the twenty per centum was paid in cash." But the statute expressly authorized such stock to be issued "in consideration of money or labor or property estimated at its true money value." Sec. 1753, Stats. 1898, as amended by ch. 193, Laws of 1899. The two sections of the statutes cited...

...indorsement and delivery of the certificate. Section 1753 (Laws ]8!>9, c. 103, § 1) provides that "uo corporation shall issue any stock or certificate of stock'' except in consideration for money, labor, or property actually received, equal to the par value thereof, ami that "all stocks...