 The directors may, before recommending any dividend, set aside out 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...  Encyclopædia of Accounting - Page 47redigeeritud poolt - 1906Full view - About this book
 | Richard Jordan - 1874 - 82 lehte
...company in general meeting, declare a dividend to be paid to the members in proportion to their shares. 73. No dividend shall be payable except out of the...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... | |
 | Victoria - 1875 - 926 lehte
...applicable to the payment of dividends does not amount to . pounds. 67. The directors may before declaring any dividend set aside out of the profits of the company such sum as they may think proper as a reserve fund to meet contingencies, or for equalizing dividends, or for repairing... | |
 | Henry Thring Baron Thring - 1875 - 918 lehte
...in general meeting, declare a dividend to be paid to the shareholders in proportion to their shares. No dividend shall be payable except out of the profits arising from tinbusiness of the company. ('JO.) The directors may, before recommending any dividend, set aside out... | |
 | Francis Beaufort Palmer - 1877 - 772 lehte
...company in general meeting, declare a dividend to be paid to the members in proportion to their shares. (73.) No dividend shall be payable except out of the...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... | |
 | Utah. Supreme Court, Albert Hagan, John Augustine Marshall, John Maxcy Zane, James A. Williams, Joseph M. Tanner, George L. Nye, John Walcott Thompson, August B. Edler, Alonzo Blair Irvine, Harmel L. Pratt, William S. Dalton, H. Arnold Rich - 1881 - 678 lehte
...called the " Company's Acts." By these acts, this corporation is prohibited from declaring any dividends "except out of the profits arising from the business of the company." Dividends paid out of borrowed money were not paid out of " profits." Thus the company had no grant... | |
 | Francis Beaufort Palmer - 1878 - 136 lehte
...meeting, declare a dividend to be paid to the members in proportion to their shares. (Supra, p. 54.) (73.) No dividend shall be payable except out of the...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... | |
 | Great Britain - 1878 - 1320 lehte
...company in general meeting, declare a dividend to be paid to the members in proportion to their shares. (73.) No dividend shall be payable except out of the...of the company such sum as they think proper as a reserved fund to meet contingencies, or for equalizing dividends, or for repairing or maintaining the... | |
 | Charles Davidson - 1878 - 830 lehte
...Company in general meeting, declare a dividend to be paid to the members in proportion to their shares. (73.) No dividend shall be payable except out of the profits arising APPRNDIX. from the business of the Company. (74.) The Directors may, before recommending any dividend,... | |
 | Sir Francis Beaufort Palmer - 1880 - 134 lehte
...meeting, declare a dividend to be paid to the members iu proportion to their shares. (Supra, p. 54.) (73.) No dividend shall be payable except out of the...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... | |
 | South Australia - 1881 - 616 lehte
...dividend shall be payable except out of the profits arising from the business of the company. 138. The directors may, before recommending any dividend,...out of the profits of the company such sum as they may think proper as a reserve fund to meet contingencies or for equalising dividends, and the directors... | |
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