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" Any corporation formed under this act may purchase mines, manufactories or other property necessary for its business, or the stock of any company or companies owning, mining, manufacturing or producing materials, or other property necessary for its business,... "
Laws of the State of New York - Page 1191
by New York (State) - 1859
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Acts of the General Assembly of the State of New Jersey

New Jersey - 1868 - 1378 pages
...hundred thousand dollars shall have been paid in, said company may purchase manufactories, real estate and other property necessary for their business, and...therefor, and the stock so issued shall be declared to be and taken to be full stock and not liable to any further calls, and that it shall be lawful for...
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Reports of Cases Decided in the Court of Chancery of the State of ..., Volume 69

New Jersey. Court of Chancery - 1907 - 930 pages
...incorporated under this act may purchase mines, manufactories or S Robbing. See, Receiver, v. Heppenheimer. other property necessary for their business * * *...amount of the value thereof in payment therefor." There the word "property" must evidently be construed by its context which refers to something visible...
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Reports of Cases Decided in the Court of Chancery of the State of ..., Volume 62

New Jersey. Court of Chancery - 1902 - 894 pages
...companies owning, mining, manufacturing or producing materials or other property necessary for its business, and issue stock to the amount of the value thereof in payment therefor." The meaning of section 48 is not questionable. The money must equal the face value of the stock. The...
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Documents

1871 - 1374 pages
...the same or give any lien thereon. The trustees of such company may purchase mines, manufactories, and other property necessary for their business, and...holders thereof be liable for any further payments under the provisions of the tenth section of the said act ; but in all statements and reports of the...
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Michigan Reports: Cases Decided in the Supreme Court of Michigan, Volume 204

Michigan. Supreme Court, Randolph Manning, George C. Gibbs, Thomas McIntyre Cooley, Elijah W. Meddaugh, William Jennison, Hovey K. Clarke, Hoyt Post, Henry Allen Chaney, William Dudley Fuller, John Adams Brooks, Marquis B. Eaton, Herschel Bouton Lazell, James M. Reasoner, Richard W. Cooper - 1919 - 800 pages
...may purchase real or personal property necessary for its business, and issue its authorized capital stock to the amount of the value thereof in payment therefor, and the capital stock so issued shall be full paid stock, and not liable to any further call, neither shall...
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Mining Magazine: Devoted to Mines, Mining Operations, Metallurgy & C

1853 - 688 pages
...company may carry on their business. § 2. The Trustees of such company may purchase mines, manufactories and other property necessary for their business, and...holders thereof be liable for any further payments, under the provisions of the tenth section of the said act ; but in all statements and reports of the...
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The Mining Magazine: Devoted to Mines, Mining Operations ..., Volume 1

1853 - 690 pages
...company may carry on their business. § 2. The Trustees of such company may purchase mines, manufactories and other property necessary for their business, and...calls, neither shall the holders thereof be liable for an}' further payments, under the provisions of the tenth section of the said act ; but in all statements...
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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 pages
...certificate of incorporation, or necessary for the use and lawful purposes of such corporation, and may issue stock to the amount of the value thereof in payment therefor, and the stock so issued shall be full paid stock and not liable to any further call, neither shall the holder thereof be liable for...
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Acts and Resolutions of the General Assembly of the State of Florida

Florida - 1857 - 104 pages
...concessions, grants and privileges, may desire for the prosecution of their enterprise, and to issue stock in payment therefor, and the stock so issued shall be declared and Restriction P rov lded ^at all such concessions, grants and privileges shall be netaken to be full...
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Reports of Practice Cases, Determined in the Courts of the State ..., Volume 6

Austin Abbott - 1858 - 610 pages
...The act of 1853 (Laws of 1853, 705) provided "that the trustees may purchase mines, manufactories, and other property necessary for their business, and...payment therefor, and the stock so issued shall be taken as full stock." It is to be reported not as cash paid into the company, but according to the...
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