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" The directors may. before recommending any dividend, set aside out of the profits of the company such sum as they think proper as a reserve fund to meet contingencies, or for equalising dividends, or for repairing or maintaining the works connected with... "
The New Joint Stock Company Law (of 1856, 1857, and 1858) with All the ... - Page 57
by Great Britain, Charles Favell Forth Wordsworth - 1859 - 110 lehte
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The Legal Observer, and Solicitors' Journal, 52. köide

1856 - 604 lehte
...dividend shall be payable except out of the profits' arising from the business of the company. 65. The directors may, before recommending any dividend,...proper as a reserved fund to meet contingencies, or for equalising dividends, or for repairing, or maintaining, the works connected with the business of the...
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Practical Directions for Forming and Managing Joint-stock ..., 911. osa

John Duncan (solicitor at law.) - 1856 - 166 lehte
...all such sums of money as may be due from him to the company on account of calls or otherwise. (65.) The directors may, before recommending any dividend,...proper as a reserved fund to meet contingencies, or for equalising dividends, or for repairing, or maintaining, the works connected with the business of the...
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Statutes at Large ...: (37 v.) A collection of the public general statutes ...

Great Britain - 1856 - 850 lehte
...except out of the Profits arising from the Business of the Company. (65.) The Directors may,beforc recommending any Dividend, set aside out of the Profits of the Company such Sum as l they think proper as a reserved Fund to meet contin- / jjencics, or for equalizing Dividends, or...
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The Law of Joint Stock Companies: Containing the Companies Act, 1862, and ...

Leonard Shelford - 1863 - 680 lehte
...they think fit. 120. The directors may from time to time apply such portion as they think fit of the reserved fund to meet contingencies, or for equalizing dividends, or for repairing or maintaining the buildings and premises connected witn the business of the company or any part thereof, or for any other...
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Joint Stock Companies: Being a Practical Treatise on Their Formation ...

Richard Spearman E. Farries - 1865 - 206 lehte
...dividend shall be payable except out of the profits arising from the business of the company. (74.) The directors may, before recommending any dividend,...proper as a reserved fund to meet contingencies, or for equalising dividends, or for repairing or maintaining the works connected with 'the business of the...
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A Manual on the Winding Up of Companies by the Court of Chancery: Under the ...

Joseph Smith Taylor - 1865 - 518 lehte
...dividend shall be payable except out of the profits arising from the business of the Company. (74). The directors may, before recommending any dividend,...sum as they think proper as a reserved fund to meet contigencies, or for equalizing dividends, or for repairing or maintaining the works connected with...
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A Treatise on the Law of Partnership and Joint-stock Companies ..., 2. köide

Francis William Clark - 1866 - 606 lehte
...dividend shall be payable except out of the profits arising from the business of the company. (74.) The directors may, before recommending any dividend,...proper as a reserved fund to meet contingencies, or for equalising dividends, or for repairing or maintaining the works connected with the business of the...
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Practical Statutes of New Zealand

Walter Monro Wilson - 1867 - 1162 lehte
...Ко dividend shall be payable except out of the profits arising from th* business of the company. 65. The directors may, before recommending any dividend, set aside out of the profits of the company euch sum as they think proper, as a reserved fund to meet contingencies, or for equalizing dividends,...
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Beeton's Law Book: A Practical Compendium of the General Principles of ...

Samuel Orchart Beeton - 1872 - 1604 lehte
...dividend shall be payable except out of the profits arising from the business of the company. 7269. The directors may, before recommending any dividend,...of the company such sum as they think proper as a reserve fund to meet contingencies, or for equalizing dividends, or for repairin; or maintaining the...
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The Law and Practice Under the Companies Acts: 1862, 1867, 1870, and the ...

Henry Burton Buckley (Baron Wrenbury), Burton H. Buckley - 1873 - 576 lehte
...the business of the company. (03.) Tho directors may, before recommending any dividend, set aside ont of the profits of the company such sum as they think...proper as a reserved fund to meet contingencies, or for equalising dividends, or for repairing, or maintaining, the works connected with the business of the...
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