 | Alabama - 1903 - 658 pages
...heretofore authorized by this article. Neither stock nor bond shall be issued by any private corporation except for money, labor done, or money or property...actually received, and all fictitious increase of stock nr indebtedness shall be void. Approved March 20, 11)03. No. 116.) AN ACT (S. 135. Authorizing railroad... | |
 | 1885 - 544 pages
...Constitution of the State of Pennsylvania provides that ' ' no corporation shall issue stocks or bonds except for money, labor done, or money or property...and all fictitious increase of stock or indebtedness shall be void." An incorporated railroad company of that State entered into a construction contract... | |
 | Pennsylvania. Constitutional Convention - 1873 - 746 pages
...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... | |
 | Edward McPherson - 1874 - 268 pages
...may be necessary and proper for its legitimate business. No corporation shall issue stocks or bonds except for money, labor done, or money or property...and all fictitious increase of stock or indebtedness shall be void ; the stock and indebtedness of corporations shall not be increased except in pursuance... | |
 | Edward McPherson - 1872
...may be necessary and proper for its legitimate business. No corporation shall issue stocks or bonds except for money, labor done, or money or property...and all fictitious increase of stock or indebtedness shall be void ; the stock and 'indebtedness of corporations shall not be increased except in pursuance... | |
 | Michigan. Legislature. Senate - 1874 - 284 pages
...agents in the same, upon whom process may be served. SEC. 7. No corporation shall issue stocks or bonds except for money, labor done, or money or property...and all fictitious increase of stock or indebtedness shall be void. The stock and indebtedness of corporations shall not be increased except in pursuance... | |
 | Pennsylvania. Laws, statutes, etc - 1874 - 682 pages
...™а£7>г'1™Л'"г cither bonds or stock except for money, labor done, or money 1ю»1'к fori-uw«-». ••r 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 Deferred nocís may payment... | |
 | 1896 - 644 pages
...Landis fr>r tnanrlamns Hirprted to the attorney- general. "No corporation shall issue stocks or bonds except for money, labor done or money or property...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... | |
 | New York (State) - 1875 - 966 pages
...property actually received for the use and legitimate purposes of such corporation at its fair value, and all fictitious increase of stock or indebtedness in any form shall be void. § 15. The capital stock of any corporation organized under this act may be increased to an amount... | |
 | Pennsylvania. Laws, statutes, etc - 1876 - 288 pages
...having jurisdiction of their accounts, for the faithful application of the stock received therefor; no such corporation shall issue either bonds or stock...increase of stock or indebtedness in any form shall be void; every such corporation may provide for the issue of deferred stock in payment for such real or... | |
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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. 
