 | New Jersey. Court of Chancery - 1907 - 930 страници
...thereof be, liable for any further payment under the provisions of this act; and in the absence of actual fraud in the transaction the judgment of the directors as to the value of the property purchased shall be conclusive." .? liobliinx. See, Receiver, v. Heppenheimer. (This last... | |
 | New Jersey. Court of Chancery - 1902 - 894 страници
...thereof be liable for any further payment under the provisions of this act : and in the absence of actual fraud in the transaction the judgment of the directors as to the value of the property purchased shall be conclusive." Donald v. American Smelting, &c., Co. Under these provisions,... | |
 | 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 - 1919 - 800 страници
...provisions of this act, except the liability imposed by section twenty-nine; and in the absence of actual fraud in the transaction, the judgment of the directors as to the value of the property shall be conclusive. And in addition to the powers hereinbefore enumerated, every corporation... | |
 | New York (State). Board of Railroad Commissioners - 1907 - 796 страници
...the holder thereof be liable for any further payment under any of the provisions of this act; and iu the absence of fraud in the transaction the judgment of the directors as to the value of the property purchased shall be conclusive; and in all statements and reports of the corporation, by... | |
 | 1923 - 1092 страници
...liable for any further payments under the provisions of this chapter. And in the absence of actual fraud In the transaction, the Judgment of the directors...property, real estate or leases, shall be conclusive." Kev. Code 1015, § 1928. Butler ; $62,000 of the notes, along with an equal amount of this stock in... | |
 | 1903 - 1116 страници
...liable for any further payment under any of the provisions of this act; and in the absence of actual fraud in the transaction, the Judgment of the directors as to the value of the property purchased shall be conclusive; and in all statements and reports of the corporation to... | |
 | 1908 - 1156 страници
...issue stock to the amount of the value thereof in payment therefor ; and that, in the absence of actual fraud in the transaction, the judgment of the directors as to the value of the property purchased shall be conclusive. Section 50 (page 21)4) authorizes jesis, etc., companies... | |
 | 1913 - 1140 страници
...liable for any further payment under any of the provisions of this act; and in the absence of actual fraud In the transaction the judgment of the directors as to the value of the property purchased shall be conclusive." These sections have been so often construed by our highest... | |
 | 1917 - 1170 страници
...said shareholders ; that capital stock may be issued for property purchased by such corporation and, in the absence of fraud In the transaction, the judgment of the board of directors as to the value of the property purchased shall be conclusive; and further that,... | |
 | 1924 - 1208 страници
...done, by personal property, or by real property or leases thereof," and, "in the absence of actual fraud in the transaction, the judgment of the directors,...property, real estate, or leases, shall be conclusive." Appellees pleaded this provision of the law, as well as the constitutional provision of that state... | |
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... in the absence of fraud in the transaction the judgment of the directors as to the value of the property purchased shall be conclusive... 
