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" To make any dividend, except from the surplus profits arising from the business of the corporation, and in the cases and manner allowed by law; or, 2. To divide, withdraw, or in any manner... "
Journal of the Legislative Council of the Territory of Michigan - Página 128
por Michigan. Legislative Council - 1832
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The Revised Statutes of the State of New-York: Passed During the ..., Volume 1

New York (State) - 1829 - 826 páginas
...the directors of any monied corpo- Ructions OD monied inr.iMull, corporation* 1. To made dividends, except from the surplus profits, arising from the business of the corporation : 2. To divide, withdraw, or in any manner pay to the stockholders, or any of them, any part of the...
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Acts of the Legislature of the State of Michigan

Michigan - 1835 - 558 páginas
...securities to the satisfaction of the directors, conditioned for the faithful discharge of their duties : Provided, That no dividend shall be paid except from...or in any way reduce the capital stock, or any part 'hereof, without the consent of the legislature. SEC. 11. No president, or other officer, shall be...
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Reports of Cases Argued and Determined in the Supreme Court of the ..., Volume 6

Nicholas Hill, New York (State). Supreme Court - 1845 - 726 páginas
...: " § 1. It shall not be lawful for the directors of any monied corporation, 1. To make dividends, except from the surplus profits, arising from the business of the corporation : 2. To divide, withdraw, or in any manner pay to the stockholders, or any of them, any part of the...
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The New-York Legal Observer, Volume 7

Samuel Owen - 1849 - 404 páginas
...all of these monied corporations (1 RS 591, sects.) prohibits them from making any dividends at all, except from the surplus profits arising from the business of the corporation; and that this same statute prohibits the directors from permitting any of the capital stock from being...
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Mining Magazine: Devoted to Mines, Mining Operations, Metallurgy & C

1853 - 688 páginas
...accordingly as a stockholder. Sec. 13. It shall not be lawful for the trustees to make any dividend, except from the surplus profits arising from the business of the corporation ; nor to divide, withdraw, or in any way pay to the stockholders, or any of them, any part of the capital...
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Compiled Laws of the State of California: Containing All the Acts of the ...

California, Selucius Garfielde, Frederick A. Snyder - 1853 - 1108 páginas
...accordingly as a stockholder. SEC. 13. It shall not be lawful for the Trustees to make any dividend except from the surplus profits arising from the business of the corporation ; nor to divide, withdraw, or in any way pay to the stockholders, or any of them, any part of the capital...
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A Treatise on the Practice of the Courts of the State of California ...

Jesse B. Hart - 1853 - 334 páginas
...and vote accordingly as a stockholder. It shall not be lawful for the trustees to make any dividend except from the surplus profits arising from the business of the corporation ; nor to divide, withdraw, or in any way pay to the stockholders, or any of them, any part of the capital...
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Annual Report of the Board of Railroad Commissioners of the State ..., Volume 3

New York (State). Board of Railroad Commissioners - 1907 - 796 páginas
...the directors of such corporation, or any of them, by which it is intended, 1. To make a dividend, except from the surplus profits arising from the business of the corporation, and in the cases and manner allowed by law; or, 2. To divide, withdraw, or in any manner pay to the stockholders...
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The Banking System of the State of New York: With Notes and References to ...

John Cleaveland - 1857 - 452 páginas
...ttaMei,—cxcepturith the provisions either of or the acts amending the same." 1. To make dividends, except from the surplus profits arising from the business of the corporation : 2. To divide, withdraw, or in any manner pay to the -t .ckholders, or any of them, any part of the...
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Digest of Cases in Law and Equity, Argued and Determined in the Court of ...

Francis Edward Cornwell - 1859 - 702 páginas
...: " § 1. It shall not be lawful for the directors of any moneyed corporation, 1. To make dividends except from the surplus profits arising from the business of the corporation ; 2. To divide, withdraw, or in any manner pay to the stockholders, or any of them, any part of the...
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