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" In case of any violation of the provisions of this section, the directors under whose administration the same may have happened, except... "
Annual Report of the Board of Railroad Commissioners of the State of New ... - Страница 74
по New York (State). Board of Railroad Commissioners - 1907
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Cyclopedia of the Law of Private Corporations, Том 4

William Meade Fletcher - 1918
...App. Div. — , 165 NY Supp. 872. In New York, section 28 of the Stock Corporation Law is as follows: "The directors of a stock corporation shall not make...withdraw or in any way pay to the stockholders or any of them(l any part of the capital of such corporation, or reduce its capital stock, except as authorized...

Accounting Theory and Practice: A Text-book for Colleges and Schools ..., Том 2

Roy Bernard Kester - 1918 - 796 страници
...surplus profits arising from 'J ' ^ the business of such corporation, nor divide, withdraw, or in ' rt i any way pay to the stockholders or any of them, any...its capital stock, except as authorized by law. In the case of any violation of the provisions of this section, the directors under whose administration...

The Financing of Public Service Corporations

Milton Berge Ignatius - 1918 - 508 страници
...declare, dividends except from the surplus profits arising from the business of such corporation, or to "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." To say that dividends...

United States Circuit Courts of Appeals Reports: With Key-number Annotations ...

1918
...1912, § 1169) provides that it shall not be lawful for the trustees or directors — "to divide or withdraw, or in any way pay to the stockholders, or any of them, any part of the capital stock of the company, nor to reduce the capital stock unless in the manner prescribed in this act,...

The New York Supplement

1920
...legally declared or paid. [2] Section 28 of the Stock Corporation Law (Consol. Laws, c. 59) provides : "The directors of a stock corporation shall not make...business of such corporation, nor divide, withdraw nor In any way pay to the stockholders, or any of them, any part of the capital of such corporation."...

Wisconsin Insurance Laws as Amended by the Legislative Session of 1921

Wisconsin - 1921 - 304 страници
...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...

Principles of Accounting

John Raymond Wildman - 1922 - 310 страници
...be paid at a price fixed by the board of directors, but otherwise the corporation shall not divide, or in any way pay to the stockholders, or any of them, any part of its capital stock." While the courts seem to have been liberal in defining surplus profits it is doubtful...

Controlling the Finances of a Business

James Oscar McKinsey, Stuart Putnam Meech - 1923 - 638 страници
...upon directors in this regard is provided by the following quotation from the statutes of New York: The directors of a stock corporation shall not make...its capital stock except as authorized by law. In the case of any violation of the provisions of this section, the directors under whose administration...

House Journal of the ... of the State of Washington

Washington (State). Legislature. House of Representatives - 1923
...for the trustees to make any dividend except from the net profits arising from the business of the corporation, nor divide, withdraw, or In any way pay...stockholders, or any of them, any part of the capital stock of the company, nor to reduce the capital stock of the company unless in the manner proscribed...

The New York Supplement

1924
...so far as material, is as follows : "Liability of Directort for Making Unauthorized, Dividends. — The directors of a stock corporation shall not make dividends, except from the surplus profits arsing from the business of such corporation, nor divide, withdraw or in any way pay to the stockholders...




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