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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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The Federal Reporter: Cases Argued and Determined in the ..., Volume 21-22

1884 - 1902 halaman
...Pennsylvania provides that "no corporation shall issue stocks or bonds except for money, lalior done, or money or property actually received ; and all fictitious increase of stock or indebtedness shall be void." An incorporated railroad company of that stale entered into a construction contract whereby the contractor...
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The Federal Reporter, Volume 119

1903 - 1116 halaman
...the corporation was organized (Rev. St. Mo. § 962) declared that stock in such corporations should "be issued only for money paid, labor done, or money or property actually received" ; and that by reason of these facts the other stockholders of the company were greatly damaged. It...
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How to Manage Building Associations: A Director's Guide and Secretary's ...

Edmund Wrigley - 1880 - 252 halaman
...fact. No such corporation shall issue either bonds or stock except for money, labor done, or money or property actually received, and all fictitious increase of stock or indebtedness in any form shall be void ; every such corporation may provide for the issue of deferred stock in payment...
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School Law of California

California - 1881 - 126 halaman
...than five years any real estate except such as may be necessary for carrying on its business. 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 SEC. 10. The Legislature...
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History of Ray County, Mo

1881 - 864 halaman
...years, except such as may be necessary and proper for carrying on its legitimate business. SEC. S. 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 History of Pettis County, Missouri: Including an Authentic History of ...

1882 - 1152 halaman
...years, except such as may be necessary and proper for carrying on its legitimate business. SEC. 8. No corporation shall issue stock or bonds, except...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 Supreme Court Reporter, Volume 14

1894 - 1266 halaman
...granted. Reference la made to section в of article 12 of the constitution of Texas, which provides: "No corporation shall issue stock or bonds except...increase of stock or Indebtedness shall be void." But if this section be In any way applicable, and could be regarded as Invalidating so much of the...
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The Statutes of California and amendments to the codes, passed at the twenty ...

California - 1883 - 490 halaman
...or incurred in the operation, use, or enIoyment of such franchise or any of its privileges. Sw. 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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A Pictorial History of Texas: From the Earliest Visits of European ...

Homer S. Thrall - 1883 - 910 halaman
...wharfage shall at all times be subject to amendment, modification, or repeal by the Legislature. SEC. 6. No corporation shall issue stock or bonds except for...fictitious increase of stock or indebtedness shall be void. SEC. 7. Nothing in this Article shall be construed to divest or affect rights guaranteed by any existing...
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Annual Report of the American Bar Association: Including ..., Volume 5

American Bar Association - 1883 - 1094 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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