 | New York (State). Courts, Francis Blaine Delehanty (Reporter), Austin B. Griffin (Reporter), Robert George Scherer (Reporter), Edward Jordan Dimock (Reporter), Joseph Albert Lawson (Reporter), Charles Cook Lester (Reporter), William Van Rensselaer Erving (Reporter), Louis J. Rezzemini (Reporter) - 1905 - 760 sider
...this court has jurisdiction, because section 23 of the Stock Corporation Law of this State provides: "The directors of a stock corporation shall not make dividends, except from the surplus profits arisingfrom the business of such corporation ; nor divide, withdraw or in any way pay to the stockholders,... | |
 | Leslie Jay Tompkins - 1908 - 1188 sider
...except from surplus profits. It is further provided that the directors of any corporation shall not divide, withdraw or in any way pay to the stockholders, or any of them, any part of the capital stock of such company, or to reduce the capital stock without the consent of the legislature. These... | |
 | North Carolina - 1908 - 1486 sider
...arising from its business, nor when its debts, whether due or not, shall exceed two-thirds of its assets, nor divide, withdraw, or in any way pay to the stockholders, or any of them, any part of its capital stock, or reduce its capital stock, except according to this chapter, and in case of any... | |
 | Lawrence Robert Dicksee - 1909 - 612 sider
...is similar to the New York statute. Section 23 of the (New York) Stock Corporation Law provides : " The directors of a stock corporation shall not make...as authorized by law. In case of any violation of th« provisions of this section, the directors under whose administration the same may have happened,... | |
 | Wisconsin - 1909 - 242 sider
...corporation shall not make any dividend, except from the surplus profits arising from their business, nor divide, withdraw or in any way pay to the stockholders or any of them any part of its capital or reduce the net surplus of the corporation to an amount less than ten per cent, of its... | |
 | Willis Seaver Paine - 1910 - 874 sider
...held to be fraudulent and void. § 28. Liability of directors for making unauthorized dividends. — The directors of a stock corporation shall not make...part of the capital of such corporation, or reduce ite capital stock, except as authorized by law. In case of any violation of the provisions of this... | |
 | James Brooks Dill - 1910 - 312 sider
...from its surplus, or from the net profits arising from the business of such corporation, nor shall it divide, withdraw, or in any way pay to the stockholders or any of them, any part of the capital stock of such corporation, or reduce its capital stock except as authorized by law; in case of any... | |
 | Leo Greendlinger - 1911 - 466 sider
...directors are liable. Answer. Section 28 of the Stock Corporation Law of the State of New York provides : " The directors of a stock corporation shall not make...In case of any violation of the provisions of this section, directors, under whose administration the same may have happened, except those who may have... | |
 | New York (State). Courts - 1911 - 748 sider
...Stock Corporation Law, which so Supreme Court, June, 1911. [Vol. 72. far as applicable provides: " The directors of a stock corporation shall not make...its capital stock, except as authorized by law.'' The term " capital stock " as used in the statute similar to the one above quoted has been construed... | |
 | James Brooks Dill - 1911 - 860 sider
...from its surplus, or from the net profits arising from the business of such corporation, nor shall it divide, withdraw, or in any way pay to the stockholders or any of them, any part of the capital stock of such corporation, or reduce its capital stock except as authorized by law; in case of any... | |
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