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" ... 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 205
av Georgia - 1850
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Acts of the State of Tennessee Passed at the General Assembly

Tennessee - 1852
...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...
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Michigan Reports: Cases Decided in the Supreme Court of Michigan, Volum 83

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...
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The Mining Magazine: Devoted to Mines, Mining Operations ..., Volum 2

1854 - 828 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...
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Wisconsin Session Laws

Wisconsin - 1853
...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...
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General Acts Passed by the Legislature of Wisconsin

Wisconsin - 1853
...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...
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Special Acts and Resolutions of the State of Connecticut...

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...
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Laws of the State of Wisconsin

Wisconsin - 1853 - 496 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...
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The Compiled Laws of the State of California: Containing All the Acts of the ...

California, F. A. Snyder, S. Garfielde - 1853 - 1106 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...
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Mining Magazine: Devoted to Mines, Mining Operations, Metallurgy & C

1854 - 752 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...
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The Compiled Statutes of the State of New Hampshire: To which are Prefixed ...

New Hampshire - 1854 - 679 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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