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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... "
Trusts and Miscellaneous - Страница 505
1900
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The Statute and Case Law of the State of New Jersey: Relating to Business ...

James Brooks Dill - 1910 - 312 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.' Under these provisions, after the property has been purchased...

Reports of Cases Heard and Determined in the Appellate Division of ..., Том 140

New York (State). Supreme Court. Appellate Division - 1911 - 1148 страници
...shall the holder thereof be liable for any further payment under any of the provisions of this act ; and in 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,...

The Corporation Bulletin ..., Том 6, Брой 2

1909 - 124 страници
...property, which stock should be full paid and non-assessable, and declaring 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." Perhaps no judicial invention has given rise to as much...

The New York Supplement, Том 129

1911 - 1276 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; and in all statements and reports of the corporation to...

Reports of Cases Heard and Determined in the Appellate Division of ..., Том 144

New York (State). Supreme Court. Appellate Division - 1911 - 1098 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...

The Statutory and Case Law Applicable to Private Companies, with Special ...

James Brooks Dill - 1911 - 860 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...

Revised Laws of Nevada: Containing State Statutes of a General Nature ..., Том 1

Nevada - 1912 - 1448 страници
...of this state may issue stock for labor done or personal property or real estate or leases thereof; ruptcy by or against such person shall be dissolved by the adjudication of such person to be a ba labor, property, real estate or leases shall be conclusive. 115H. Stock so issued is paid. SEC. 55....

Extemporaneous Speaking

Paul Martin Pearson, Philip Marshall Hicks - 1912 - 406 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." This section enables any board of directors, so disposed,...

Documents of the Senate of the State of New York, Том 26

New York (State). Legislature. Senate - 1913 - 892 страници
...of the property. It is not understood that the applicant claims that the provision in section 55, " in the absence of fraud in the transaction the judgment of the directors as to the value of the property purchased shall be conclusive," is applicable to this case and binding upon this Commission....

Reports of Decisions, Том 3

New York (State). Public Service Commission. Second District - 1913 - 892 страници
...of the property. It is not understood that the applicant claims that the provision in section 55, " in the absence of fraud in the transaction the judgment of the directors as to the value of the property purchased shall be conclusive," is applicable to this case and binding upon this Commission....




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