 ... if the directors of any such corporation shall knowingly declare and pay any dividend when the corporation is insolvent, or any dividend the payment of which would render it insolvent, or which would diminish the amount of its capital stock...  Acts Passed by the General Assembly of Georgia - Side 205av Georgia - 1850Uten tilgangsbegrensning - Om denne boken
 | Tennessee - 1852 - 824 sider
...contribute their proportional part of the sum paid by him as aforesaid. SEC. 7. if the directors of said company shall declare and pay a dividend when...insolvent, knowing such corporation to be insolvent, or that the payment would render it so, the directors assenting thereto, shr.ll be jointly and severally... | |
 | Michigan. Supreme Court, Randolph Manning, George C. Gibbs, Thomas McIntyre Cooley, Elijah W. Meddaugh, William Jennison, Hovey K. Clarke, Hoyt Post, Henry Allen Chaney, William Dudley Fuller, John Adams Brooks, Marquis B. Eaton, Herschel Bouton Lazell, James M. Reasoner, Richard W. Cooper - 1891 - 782 sider
...under which the corporation was organized provided that — " If the directors of any such corporation shall declare and pay a dividend when the corporation...insolvent, knowing such corporation to be insolvent, or that the payment of such dividend would render it BO, the directors assenting thereto shall be jointly... | |
 | 1854 - 826 sider
...proportional part of the sum paid by him as aforesaid. Sec. 216. If the directors of any such corporation shall declare and pay a dividend when the corporation...insolvent, knowing such corporation to be insolvent, or that such dividend would render it so, the directors assenting thereunto shall be jointly and severally... | |
 | Wisconsin - 1853 - 810 sider
...proportional part of the sum paid by him as aforesaid. SEC. 22. If the directors of any such corporation shall declare and pay a dividend when the corporation...would render it insolvent, knowing such corporation to he insolvent, or that such dividend would render it so, the directors assenting then-nnto shall be... | |
 | Wisconsin - 1853 - 156 sider
...proportional part of the sum paid by him as aforesaid. SEC. 22. If the directors of any such corporation shall declare and pay a dividend when the corporation...payment of which would render it insolvent, knowing such c >rporation to he insolvent, or that such dividend would render it so, the directors a-senting therennto... | |
 | Connecticut - 1853 - 250 sider
...added. SEC. 10. If the directors of any such corporation shall declare and pay a dividend when said corporation is insolvent, or any dividend, the payment...insolvent, knowing such corporation to be insolvent, or that such dividend would render it insolvent, the directors assenting thereto, shall be, jointly and... | |
 | Wisconsin - 1853 - 498 sider
...If the directors of any such corporation shall declare and j>ay a dividend when the corporation i$ insolvent, or any dividend, the payment of which would render it insolvent, knowing such c >rporation to he insolvent, or that such dividend would render it so, the directors a-senting thereunto... | |
 | California, Selucius Garfielde, Frederick A. Snyder - 1853 - 1108 sider
...State. , SEC. 23. If the Directors of the company shall declare and pay any dividend when the company is insolvent, or any dividend the payment of which would render it insolvent, they shall be jointly and severally liable for all the debts of the company then existing, and for... | |
 | 1854 - 756 sider
...proportional part of the sum paid by him as aforesaid. Sec. 215. If the directors of any such corporation shall declare and pay a dividend when the corporation...would render it insolvent, knowing such corporation to bo insolvent, or that such dividend would render it so, the directors assenting thereunto shall be... | |
 | New Hampshire - 1854 - 712 sider
...such notice shall be given : 4. If the directors of any such corporation shall declare and pay any dividend when the corporation is insolvent, or any...dividend the payment of which would render it insolvent, they shall be jointly and severally liable for all the debts of the corporation then existing, and... | |
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