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" The directors may. before recommending any dividend, set aside out of the profits of the company such sum as they think proper as a reserve fund to meet contingencies, or for equalising dividends, or for repairing or maintaining the works connected with... "
Practical Directions for Forming and Managing Joint-stock Companies: With ... - Side 82
av John Duncan (solicitor at law.) - 1856 - 150 sider
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The Law Journal for the Year 1832-1949: Comprising Reports of Cases in the ...

1856 - 532 sider
...Dividend shall be payable except out of the Profits arising from the Business of the Company; (66.) The Directors may, before recommending any Dividend,...proper as a reserved Fund to meet Contingencies, or for equalizing Dividends, or for repairing, or maintaining, the Works connected with the Business of the...
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Statutes at Large ...: (37 v.) A collection of the public general statutes ...

Great Britain - 1856 - 850 sider
...except out of the Profits arising from the Business of the Company. (65.) The Directors may,beforc recommending any Dividend, set aside out of the Profits of the Company such Sum as l they think proper as a reserved Fund to meet contin- / jjencics, or for equalizing Dividends, or...
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The New Joint Stock Company Law (of 1856, 1857, and 1858) with All the ...

Great Britain, Charles Favell Forth Wordsworth - 1859 - 172 sider
...dividend shall be payable except out of the profits arising from the business of the company.2 (05.) The directors may, before recommending any dividend,...proper as a reserved fund to meet contingencies, or for equalizing dividends, or for repairing, or maintaining the works connected with the business of the...
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The Law of Joint Stock Companies: Containing the Companies Act, 1862, and ...

Leonard Shelford - 1863 - 680 sider
...(64.) No dividend shall be payable except out of the profits arising from the business of the company. (65.) The directors may, before recommending any dividend,...proper as a reserved fund to meet contingencies, or for equalizing dividends, or for repairing or maintaining the works connected with the business of the...
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The Companies Act, 1862, with Analytical References and Copious Index ...

Anthony Pulbrook - 1865 - 238 sider
...64. No dividend shall be payable except out of the profits arising from the business of the company. 65. The directors may, before recommending any dividend,...proper as a reserved fund to meet contingencies, or for equalizing dividends, or for repairing or maintaining the works connected with the business of the...
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A Manual on the Winding Up of Companies by the Court of Chancery: Under the ...

Joseph Smith Taylor - 1865 - 518 sider
...dividend shall be payable except out of the profits arising from the business of the Company. (74). The directors may, before recommending any dividend,...sum as they think proper as a reserved fund to meet contigencies, or for equalizing dividends, or for repairing or maintaining the works connected with...
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Ordinances of Hongkong 1844-65

Hong Kong. Legislative Council - 1866 - 626 sider
...Dividend shall be payable except out of the Profits arising from the Business of the Company. (74.) The Directors may, before recommending any Dividend,...proper as a reserved Fund to meet Contingencies, or for equalizing Dividends, or for repairing or maintaining the Works connected with the Business of the...
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Practical Statutes of New Zealand

Walter Monro Wilson - 1867 - 1162 sider
...Ко dividend shall be payable except out of the profits arising from th* business of the company. 65. The directors may, before recommending any dividend, set aside out of the profits of the company euch sum as they think proper, as a reserved fund to meet contingencies, or for equalizing dividends,...
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Parliamentary Papers, Volum 49

Great Britain. Parliament. House of Commons - 1868 - 724 sider
...Application of reserved 115. The directors may from time to time apply such portion as they think fit of the reserved fund to meet contingencies, or for equalising dividends, or for repairing or maintaining the buildings and premises connected with the ousiness of the company, or any part thereof, or for any...
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Beeton's Law Book: A Practical Compendium of the General Principles of ...

Samuel Orchart Beeton - 1872 - 1604 sider
...dividend shall be payable except out of the profits arising from the business of the company. 7269. The directors may, before recommending any dividend,...of the company such sum as they think proper as a reserve fund to meet contingencies, or for equalizing dividends, or for repairin; or maintaining the...
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