...use. ... If this be not a violation of that provision of the statute which forbids the trustees "to divide, withdraw, or in any way pay to the stockholders, or any of them, any part of the capital stock of the company,' we arc unable to conceive a case which would." Kohl v. Lilienthal, 81 Cal. 378,...

..." the surplus profits arising from the business of the corporation," and it shall not be lawful "to divide, withdraw, or in any way pay to the stockholders, or any of them, any part of the capital stock of the company," except after payment of all its debts, on a dissolution of the corporation....

...dividends, except from the surplus or net profits arisingfrom the business of the corporation, nor to said shall not have been actually committed it shall be sufficient stock of the said corporation, or to reduce the said capital stock, except according to this act, without...

...violating its provisions. It is as follows: " Liability of directors for making unauthorized dividends — The directors of a stock corporation shall not make...stock, except as authorized by law. In case of any violations of the provisions of this section, the directors under whose administration the same may...

...section 28 of the stock corporation law (Consol. Laws 1909, c. 59), which so far as applicable provides : "The directors of a stock corporation shall not make...such corporation, or reduce its capital stock, except us authorized by law." The term "capital stock," as used in the statute similar to the one above quoted,...

...to this defendant corporation, sets a limit to the powers of such management, and reads as follows : "The directors of a stock corporation shall not make...part of the capital of such corporation, or reduce Us capital stock, except as authorized by law. In case of any violation of the provisions of this section,...

...directors of a stock corporation shall not make dividends except from the surplus profits arisini; from the business of such corporation, nor divide,...stockholders, or any of them, any part of the capital stock of such corporation or reduce its capital stock, except as authorized hy law. In case of violation...

...trustees to make any dividend except from the net n*t profltsprofits 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 prescribed...

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...directors of a corporation shall not make dividends except as provided in i 48-211, nor shall they divide, withdraw or in any way pay to the stockholders or any of them any part of the capital of the corporation or decrease its capital except as provided by this chapter ; * * * None of the above...