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" 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. "
Constitution, State of Alabama: As Adopted by the Constitutional Convention ... - Halaman 49
oleh Alabama - 1901 - 72 halaman
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Reports of Cases Argued and Determined in the Supreme Court of ..., Volume 116

Alabama. Supreme Court - 1898 - 878 halaman
...provides that: "No corporation shall issue stock or bonds except for money, labor done, or money er property actually received and all fictitious increase of stock or indebtedness shall, be void."— Const., Art. XIV, § 6. 5. If the bonds when delivered to complainants could not be enforced in their...
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Annual Report, Volume 1

New York (State). Board of Railroad Commissioners - 1895 - 682 halaman
...such payment. § 42. Consideration for issue of stock and bonds. — No corporation shall issue either stock or bonds except for money, labor done or property actually received for the use and lawful purposes of such corporation. No such stock shall be issued for less than its...
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Albany Law Journal, Volume 31

1885 - 544 halaman
...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 whereby the contractor...
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Journal of the Convention to Amend the Constitution of Pensylvania ..., Bagian 2

Pennsylvania. Constitutional Convention - 1873 - 746 halaman
...seventh and eighth : "SECTION 7. No corporation shall issue stocks or bonds except for money, labor or property actually received ; and all fictitious...stock or indebtedness shall be void ; the stock and indebtedness of corporations shall not be increased except in pursuance of general law, nor without...
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A Handbook of Politics for 1868 [to 1894]

Edward McPherson - 1872
...such as may be necessary and proper for its legitimate business. No corporation shall issue stocks or bonds except for money, labor done, or property...of stock or indebtedness shall be void. The stock of corporations shall not be increased, except in pursuance of general law, nor without the consent...
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A Hand-book of Politics for 1874: Being a Record of Important Political ...

Edward McPherson - 1874 - 268 halaman
...such as may be necessary and proper for its legitimate business. No corporation shall issue stocks or bonds except for money, labor done, or property...of stock or indebtedness shall be void. The stock of corporations shall not be increased, except in pursuance of general law, nor without the consent...
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Documents Accompanying the Journal

Michigan. Legislature. Senate - 1874 - 284 halaman
...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...stock or indebtedness shall be void. The stock and indebtedness of corporations shall not be increased except in pursuance of general law, nor without...
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Weekly Notes of Cases Argued and Determined in the Supreme Court ..., Volume 38

1896 - 644 halaman
...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 and corporations the...
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Smull's Legislative Hand Book: Rules and Decisions ... Legislative Directory

1875 - 724 halaman
...shall issue stocks or bonds except for money, labor done, or money or property actually received ; anil all fictitious increase of stock or indebtedness shall be void. The stock and indebtedness of corporations shall not be increased except in pursuance of general law, nor without...
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A Handbook of Politics for 1868 [to 1894]

Edward McPherson - 1872
...the State shall be appropriated to or used for the support of any sectarian or denominational school. No corporation shall issue stock or bonds, except for money, labor done, or money or property actually received; and all fictitious increase of stock or indebtedness shall be...
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