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" No corporation shall issue stock or bonds, except for money paid, labor done, or property actually received, and all fictitious increase of stock or indebtedness shall be void. "
The Federal Reporter - Halaman 344
1926
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General Laws of the State of Colorado: Comprising that Portion of the ...

Colorado - 1877 - 1182 halaman
...SEC. 9. No corporation shall issue stocks or bonds, except for labor done, service performed, or money or property actually received, and all fictitious increase of stock or indebtedness shall be void. The stock of corporations shall not be increased except in pursuance of general law, nor without the...
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Annual Report of the American Bar Association: Including ..., Volume 1

American Bar Association - 1878 - 820 halaman
...existing, or which shall hereafter exist, under the laws of the state. No corporation is authorized to issue stock or bonds except for money paid, labor...and all fictitious increase of stock or indebtedness is declared to be void. The cumulativn system of voting for directors of corporations is provided for...
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The Constitution of the United States and the Constitutions of California ...

California - 1879 - 216 halaman
...or incurred in the operation, use, or enjoyment of such franchise, or any of its privileges. § 11. No corporation shall issue stock or bonds, except...fictitious increase of stock or indebtedness shall be void. The stock and bonded indebtedness of corporations shall not be increased except in pursuance of general...
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The Constitution of the State of California Adopted in 1879: With References ...

California - 1879 - 442 halaman
...incurred in the operation, use, or enjoyment of such franchise, or any of its privileges. § 11. Ко corporation shall issue stock or bonds, except for...fictitious increase of stock or indebtedness shall be void. The stock and bonded indebtedness of corporations shall not be increased except in pursuance of general...
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Albany Law Journal, Volume 20

1879 - 582 halaman
...existing, or which shall hereafter exist, under the laws of the State. No corporation is authorized to issue stock or bonds except for money paid, labor...and all fictitious increase of stock or indebtedness is declared to be void. The cumulative system of voting for directors of corporations is provided for...
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Report of the ... Annual Meeting of the American Bar Association, Volume 7

American Bar Association - 1884 - 346 halaman
...with its provisions. The language used is clear and positive — " no corporation shall issue stocks or bonds except for money paid, labor done, or property actually received." It applies to every corporation, if general, and the words "no corporation shall" are a direct prohibition...
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The Little Lawyer; Or, The Farmers', Mechanics', Miners', Laborers', and ...

Henry A. Gaston - 1880 - 336 halaman
...incurred in the operation, use, or enjoyment of such franchise, or any of its privileges. SEC. 11. No corporation shall issue stock or bonds, except...fictitious increase of stock or indebtedness shall be void. The stock and bonded indebtedness of corporations shall not be increased except in pursuance of general...
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Debates and Proceedings of the Constitutional Convention of the ..., Volume 1

California, California. Constitutional Convention - 1880 - 648 halaman
...incurred in the operation, use, or enjoyment of such franchise, or any of its privileges. SEC. 11. No corporation shall issue stock or bonds, except...fictitious increase of stock or indebtedness shall be void. The stock and bonded indebtedness of corporations shall not be increased, except in pursuance of general...
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The Federal Reporter: Cases Argued and Determined in the ..., Volume 167-168

1909 - 2094 halaman
...agreement or plan was ultra vires the company and void because in violation of the provisions that "no corporation shall issue stock or bonds except...or property actually received, and all fictitious increases of stock or indebtedness shall be void." Of the justice and wisdom of this provision there...
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The Federal Reporter: Cases Argued and Determined in the ..., Volume 31-32

1887 - 1910 halaman
...Rep.' 120. ) ) Although the California constitution provides that no corporation shall issue stock, except for money paid, labor done, or property actually received, and all fictitious increase of stock shall be void, an increase of the capital stock of a company, and Hale' of such stock at the actual...
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