 No corporation shall issue stock or bonds, except for money paid, labor done, or property actually received, and all fictitious increase of stock or indebtedness shall be void.  Cases on Private Corporations - Page 600by George Folger Canfield, Isaac Maurice Wormser - 1925 - 933 lehteFull view - About this book
 | Alabama. Supreme Court - 1898 - 878 lehte
...provides that: "No corporation shall issue stock or bonds except for money, labor done, or money er property actually received and all fictitious increase of stock or indebtedness shall, be void."— Const., Art. XIV, § 6. 5. If the bonds when delivered to complainants could not be enforced in their... | |
 | 1885 - 544 lehte
...provides that ' ' no corporation shall issue stocks or bonds except for money, labor done, or money or property actually received; and all fictitious increase of stock or indebtedness shall be void." An incorporated railroad company of that State entered into a construction contract whereby the contractor... | |
 | Pennsylvania. Constitutional Convention - 1873 - 746 lehte
...seventh and eighth : "SECTION 7. No corporation shall issue stocks or bonds except for money, labor or property actually received ; and all fictitious...increase of stock or indebtedness shall be void ; the stock and indebtedness of corporations shall not be increased except in pursuance of general law, nor... | |
 | Edward McPherson - 1872
...and proper for its legitimate business. No corporation shall issue stocks or bonds except for money, labor done, or property actually received; and all...increase of stock or indebtedness shall be void. The stock of corporations shall not be increased, except in pursuance of general law, nor without the consent... | |
 | Edward McPherson - 1874 - 268 lehte
...and proper for its legitimate business. No corporation shall issue stocks or bonds except for money, labor done, or property actually received; and all...increase of stock or indebtedness shall be void. The stock of corporations shall not be increased, except in pursuance of general law, nor without the consent... | |
 | Michigan. Legislature. Senate - 1874 - 284 lehte
...be served. SEC. 7. No corporation shall issue stocks or bonds except for money, labor done, or money or property actually received; and all fictitious...increase of stock or indebtedness shall be void. The stock and indebtedness of corporations shall not be increased except in pursuance of general law, nor... | |
 | 1896 - 644 lehte
...attorney- general. "No corporation shall issue stocks or bonds except for money, labor done or money or property actually received, and all fictitious...increase of stock or indebtedness shall be void." The Act of May 7, 1887, PL 94, is entitled, ' 'An Act to enforce against railroads and corporations the... | |
 | Pennsylvania. Laws, statutes, etc - 1876 - 288 lehte
...therefor; no such corporation shall issue either bonds or stock except for money, labor done or money or property actually received, and all fictitious increase of stock or indebtedness in any form shall be void; every such corporation may provide for the issue of deferred stock in payment... | |
 | Colorado - 1877 - 1182 lehte
...SEC. 9. No corporation shall issue stocks or bonds, except for labor done, service performed, or money or property actually received, and all fictitious...increase of stock or indebtedness shall be void. The stock of corporations shall not be increased except in pursuance of general law, nor without the consent... | |
 | Benjamin Perley Poore - 1877 - 1054 lehte
...charter. SEC. 6. No corporation shall issue stock or bonds, except for money, labor done, or money Benjamin Pe 3 0 stock and bonded indebtedness of corporations shall not be increased, except in pursuance of general... | |
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