 | New Jersey. Court of Chancery - 1902 - 894 pages
...provisions of this act : and in the absence of actual fraud in the transaction the judgment of the directors as to the value of the property purchased shall be conclusive." Donald v. American Smelting, &c., Co. Under these provisions, after the property has been purchased... | |
 | New Jersey. Court of Chancery - 1907 - 930 pages
...the provisions of this act; and in the absence of actual fraud in the transaction the judgment of the directors as to the value of the property purchased shall be conclusive." .? liobliinx. See, Receiver, v. Heppenheimer. (This last clause is n6t found in the act governing the... | |
 | New York (State). Board of Railroad Commissioners - 1907 - 796 pages
...any of the provisions of this act; and iu the absence of fraud in the transaction the judgment of the directors as to the value of the property purchased shall be conclusive; and in all statements and reports of the corporation, by law required to be published or filed, this stock... | |
 | 1903 - 1116 pages
...provisions of this act; and in the absence of actual fraud in the transaction, the Judgment of the directors as to the value of the property purchased shall be conclusive; and in all statements and reports of the corporation to be published or filed this stock shall not be stated... | |
 | 1907 - 2136 pages
...provisions of this act; and In the absence of actual fraud in the transaction the Judgment of the dinctore as to the value of the property purchased shall be conclusive; and in all statements and reports of the corporation to be published or filed this stock shall not be stated... | |
 | 1908 - 1156 pages
...payment therefor ; and that, in the absence of actual fraud in the transaction, the judgment of the directors as to the value of the property purchased shall be conclusive. Section 50 (page 21)4) authorizes jesis, etc., companies to issue their capital stock for property... | |
 | 1913 - 1140 pages
...the provisions of this act; and in the absence of actual fraud In the transaction the judgment of the directors as to the value of the property purchased shall be conclusive." These sections have been so often construed by our highest court that their meaning is not open to... | |
 | 1909 - 672 pages
...non-assessable, and declaring that " in the absence of actual fraud in the transaction, the judgment of the directors as to the value of the property purchased shall be conclusive" Perhaps no judicial invention has given rise to as much discussion, or has more unsettled the law than... | |
 | 1911 - 1320 pages
...the holder thereof be liable for any further payment under any of the provisions of this chapter ; and in the absence of fraud In the transaction the Judgment of the directors as to the value of the property purchased shall be conclusive: and in all statements and... | |
 | 1915 - 1288 pages
...full-paid stock not liable to any further call, and that in the absence of fraud the judgment of the directors as to the value of the property purchased shall be conclusive. A new corporation was organized to take over the business of a lumber company, established about 50... | |
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... in the absence of fraud in the transaction the judgment of the directors as to the value of the property purchased shall be conclusive... 
