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" The directors of a stock corporation shall not make dividends, except from the surplus profits arising from the business of such corporation, nor divide, withdraw or in any way pay to the stockholders or any of them, any part of the capital of such corporation,... "
A National Incorporation Law - 116. lappuse
autors: Horace La Fayette Wilgus - 1904 - 134 lapas
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The Law of Foreign Corporations and Taxation of Corporations Both Foreign ...

Joseph Henry Beale - 1904 - 1218 lapas
...its surplus, or from the net profits arising from the business of such corporations, nor shall they 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; in...
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Miscellaneous Reports. Cases Decided in the Courts of Record of ..., 45. sējums

New York (State). Courts, Francis Blaine Delehanty (Reporter), Austin B. Griffin (Reporter), Robert George Scherer (Reporter), Edward Jordan Dimock (Reporter), Joseph Albert Lawson (Reporter), Charles Cook Lester (Reporter), William Van Rensselaer Erving (Reporter), Louis J. Rezzemini (Reporter) - 1905 - 760 lapas
...corporation shall make dividends, except from the surplus or net profits arising from its business, nor divide, withdraw or in any way pay to the stockholders, or any of them, any part of its capital stock, or reduce its capital stock, except according to this act, and in case of any violation of the...
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Acts of the Legislative Assembly of the Territory of New Mexico, Session...

New Mexico - 1905 - 478 lapas
...corporation shall make dividends, except from the surplus or net profits arising from its business, nor divide, withdraw, or in any way pay to the stockholders, or any of them, any part of its capital stock, or reduce its capital stock, except according to this act, and in case of any violation of the...
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Revisal of 1905 of North Carolina: Prepared Under Chapter Three ..., 1. sējums

North Carolina, Thomas Brown Womack, Needham Y. Gulley, William R. Rodman - 1905 - 1412 lapas
...from its business, nor when its debts, whether due or not, shall exceed two-thirds of its assets, nor d to the possession thereof by virtue of a special property therein, the facts in respect to whi stock, or reduce its capital stock, except according to this chapter, and in case of any violation...
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Auditing: A Practical Manual for Auditors

Lawrence Robert Dicksee - 1905 - 398 lapas
...make dividends, except from the surplus profits arising from the business of such corporation ; nor divide, withdraw or in any way pay to the stockholders, or any of them, any part of the capital of such corporation, or reduce its capital stock, except as authorized by law. In case...
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Cases Determined in the Supreme Court of Washington, 37. sējums

Washington (State). Supreme Court, Arthur Remington, Solon Dickerson Williams - 1905 - 870 lapas
...manner provided by law, was in 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, and was void as to any creditors of the corporation, either prior...
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General Corporation Law: As Amended, 1905

Nevada - 1905 - 62 lapas
...except from the net profits arising from the business of the corporation; nor to divide, withdraw, nor 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...
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Documents of the Senate of the State of New York, 2. sējums

New York (State). Legislature. Senate - 1906 - 1380 lapas
...make dividends, except from the surplus profits arising from the business of such corporation, nor divide, withdraw or in any way pay to the stockholders or any of them, any part of the capital of such corporation, or reduce its capital stock, except as authorized by law. In case...
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Arnold's Guide for Business Corporations in the State of New York ...

Joseph Alfred Arnold - 1907 - 238 lapas
...make dividends, except from the surplus profits arising from the business of such corporation, nor divide, withdraw or in any way pay to the stockholders or any of them, any part of the capital of such corporation, or reduce its capital stock, except as authorized by law. In case...
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A Selection of Cases on the Law of Private Corporations

Leslie Jay Tompkins - 1908 - 1188 lapas
...dividends of property except from surplus profits. It is further provided that the directors of any corporation shall not divide, withdraw or in any way...pay to the stockholders, or any of them, any part of the capital stock of such company, or to reduce the capital stock without the consent of the legislature....
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