 | Georgia - 1850 - 460 halaman
...SECTION 7. If the Directors of the said company shall declare and pay a dividend when the corporation is insolvent, or any dividend the payment of which would render it insolvent, knowing such corporation to be insolvent, or the payment of such dividend would render it so, the Directors... | |
 | New York (State) - 1867 - 1404 halaman
...corporation. $13. The directors to declare dividends annually, Dividend*, but if the directors of such company shall declare and pay any dividend when the company...dividend the payment of which would render it insolvent, or which would diminish the amount of its capital stock, they shall be jointly and severally liable... | |
 | 1848 - 966 halaman
...record the same in the office of the Secretary of State. Sec. 14. If the directors of any such company shall declare and pay any dividend, when the company...which would render it insolvent, they shall be jointly anil severally liable for all the debts of the company then existing, and for all that shall be thereafter... | |
 | New York (State). Legislature - 1848 - 672 halaman
...be contracted before such report shall be made. "rorUjpn 6 13. If the directors of any such company shall declare and pay any dividend when the company...dividend the payment of which would render it insolvent, or •which would reduce the amount of their capital, they shall be jointly and severally liable for... | |
 | 1848 - 688 halaman
...shall be contracted before snch report shall be made. Sec. 13. If the trustees of any such company shall declare and pay any dividend when the company...dividend, the payment of which would render it insolvent, or which would diminish the amount of its capital stock, they shall be jointly and severally liable... | |
 | James Philemon Holcombe - 1848 - 528 halaman
...paid when the company is insolvent. — If the directors of any such corporation declare and pay a dividend when the company is insolvent, or any dividend, the payment of which would render it insolvent, knowing said company to be insolvent, or that such dividend would render it so, the directors assenting... | |
 | Illinois - 1849 - 452 halaman
...§ J 3. If the trustees of any such company shall declare and сазе of inaoi- pay any (iiv¡(jemi when the company is insolvent, or any dividend the payment of which would render it insolvent, or which would diminish the amount of its capital stock, they shall be jointly and severally liable... | |
 | Tennessee - 1850 - 698 halaman
...shall be contracted before such report shall be made. SEC. 13. If the trustees of any such company shall declare and pay any dividend when the company...dividend, the payment of which would render it insolvent, or which would diminish the amount of its capital stock, they shall be jointly and severally liable... | |
 | Michigan - 1850 - 584 halaman
...county of Kent. Sec. 8. If said company shall declare and pay any dividend when Dividend*. • . . said company is insolvent, or any dividend, the payment of which would render it insolvent, or which would diminish the amount oi' iU capital stock, the stockholders shall be jointly and severally... | |
 | Michigan - 1850 - 964 halaman
...OF M1CIIIUAN. Dividend*. ^c- •"• 1' sa"l company shall declare and pay any dividend whc« said company is insolvent, or any dividend the payment of which •would render it insolvent, or which would diminish the amount of its capital stock, the stockholders shall be jointly and severally... | |
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If the directors of any such company shall declare and pay any dividend, when the company is insolvent, or any dividend, the payment of which would render it insolvent, or... 
