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" To divide, withdraw, or in any manner pay to the stockholders, or any of them, any part of the capital stock of the corporation; or to reduce such capital stock without the consent of the legislature; or 3. "
Revised Laws of the State of California: In Four Codes : Political, Civil ... - Side 72
av California, California. Commission to Revise the Laws of California - 1871
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Penal Code of the State of New York as Amended To, and Including, 1894: With ...

New York (State) - 1894 - 254 sider
...corporation, and in the cases and manner allowed by law ; or 2 To divide, withdraw, or in any manner pay to the stockholders, or any of them, any part of the capital stock of the corporation ; or to reduce such capital stock without the consent of the legislature ; or 3....
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The Pacific Reporter, Volum 207

1922 - 1148 sider
...directors of corporations must not make dividends, eicept from the surplus profits arising from the business thereof; nor must they divide, withdraw or pay to the stockholders, or алу of them, any part of the capital stock; nor must they create debts beyond their subscribed capital...
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The Civil Code of the State of California: In Four Divisions, Compiled from ...

California - 1923 - 588 sider
...majority of the directo forming such board, made when duly assembled, is valid as a corpo ate act. draw, or pay to the stockholders, or any of them, any part of the capital stock, except as hereinafter provided, nor reduce or increase the capital stock, except as provided in section...
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Lawyers Statute Penal Code: Penal Code of California ... Compiled from the ...

California - 1923 - 424 sider
...and manner allowed by law; or, 2. To divide, withdraw, or in any manner, except as provided by law, pay to the stockholders, or any of them, any part of the capital stock of the corporation; or, 3. To discount or receive any note or other evidence of debt in payment of...
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House Journal of the ... of the State of Washington

Washington (State). Legislature. House of Representatives - 1923 - 756 sider
...from the net profits arising from the business of the corporation, nor divide, withdraw, or In any way pay to the stockholders, or any of them, any part of the capital stock of the company, nor to reduce the capital stock of the company unless in the manner proscribed in this...
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Penal Code Unannotated: With an Appendix of 842 Questions and Answers on ...

California, James Manford Kerr - 1923 - 680 sider
...and manner allowed by law; or, 2. To divide, withdraw, or in- any manner, except as provided by law, pay to the stockholders, or any of them, any part of the capital stock of the corporation; or, 3. To discount or receive any note "or other evidence of debt in payment of...
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The Business Law Journal, Volum 12

1928 - 516 sider
...of NewYork. This section provides that any director who acts "to divide, withdraw, or in any manner pay to the stockholders or any of them, any part of the capital stock of the corporation," shall be guilty of a misdemeanor. It was held that payments made by the defendants...
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The Business Law Journal, Volum 11

1928 - 516 sider
...corporations were prohibited by statute except as specially provided from dividing, withdrawing or paying to the stockholders or any of them any part of the capital stock of the corporation except such part as remained after payment of all its debts upon its dissolution...
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Controlling the Finances of a Business

James Oscar McKinsey, Stuart Putnam Meech - 1923 - 658 sider
...surplus profits arising from the business of such corporation, nor divide, withdraw, or in any way pay to the stockholders or any of them, any part of the capital of such corporation or reduce its capital stock except as authorized by law. In the case of any violation...
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Elements of Accounting

Frederick Wells Woodbridge - 1925 - 726 sider
...the surplus profits arising from the business of such corporation, nor divide, withdraw or in any way pay to the stockholders or any of them, any part of the capital of such corporation, or reduce its capital stock, except as authorized by law. In event dividends are...
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