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" The stock of such company shall be deemed personal estate, and shall be transferable in such manner as shall be prescribed by the by-laws of the company ; but no shares shall be transferable until all previous calls thereon shall have been fully paid... "
Statutory Revision of the Laws of New York Affecting Banks, Banking and ... - Page 39
edited by - 1898 - 444 pages
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Pennsylvania Acts of Assembly and Leading Court Opinions Applicable to Water ...

Francis Shunk Purviance - 1907 - 540 pages
...corporation created under the provisions of this statute shall be deemed personal property; and no shares shall be transferable until all previous calls thereon shall have been fully paid in, or shall have been declared forfeited for the non-payment of calls thereon. No note or obligation given...
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The Control of Public Utilities, Volume 1

William Mills Ivins, Herbert Delavan Mason - 1908 - 1242 pages
...personal estate, and shall be transferable in the manner prescribed by the by-laws of the company, but no share shall be transferable until all previous calls thereon shall have been fully paid in. § 2O. Increase or reduction of capital — Statement to be made and filed. — Any corporation formed...
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A Selection of Cases on the Law of Private Corporations

Leslie Jay Tompkins - 1908 - 1188 pages
...section then gives the power which was lacking in the case in 19 Wendell, supra, by further enacting that no share shall be transferable until all previous calls thereon shall have been fully paid in, or it shall have been declared forfeited for nonpayment of calls thereon. There is no express power...
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Report, Volume 1

New York (State). Public Service Commission. First District - 1908 - 838 pages
...personal estate, and shall be transferable in the manner prescribed by the by-laws of the company, but no share shall be transferable until all previous calls thereon shall have been fully paid in. (Laws 1891, oh. 4, § 19.) § 20. Any corporation formed under this act may increase or reduce its...
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Corporation Law of Maryland

Maryland - 1908 - 390 pages
...transferable on its books in such manner as may be prescribed by the stock certificate or the by-laws, but no share shall be transferable until all previous calls thereon shall have been paid in. Calls. 38. Unless otherwise payable by the subscription contract, the directors of any corporation...
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Report of the Commissioner of Corporations on Transportation by Water in the ...

United States. Bureau of Corporations - 1909 - 648 pages
...be transferable in such manner as shall be prescribed by the by-laws of such company, but no shares shall be transferable until all previous calls thereon shall have been fully paid in: and it shall not ne lawful for any such company to use any of its funds in the purchase of any stock...
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The Laws of the State of New York Relating to Banks, Banking, Trust ...

Willis Seaver Paine - 1910 - 874 pages
...directors and signed by the president or vice-president and secretary or treasurer and sealed with the seal of the corporation, and shall be transferable in the...previous calls thereon shall have been fully paid in. (L. 1890, ch. 564, § 40, as amended by L. 1892, oh. 688, § 40; L. 1902, ch. 601, § 1.) 1. The capital...
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New York Bar Examination Questions and Answers

Louis Applebome - 1910 - 468 pages
...paid up. Sec. 50 of the Stock Corp. Law (Consolidated Laws, chap. 59) provides in part as follows: "No share shall be transferable until all previous calls thereon shall have been fully paid in." If the stock has been fully paid and the corporation refuses a transfer on the books of the corporation...
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Laws of the State of Delaware

Delaware - 1911 - 862 pages
...personal estate and be transferable in the manner prescribed by the by-laws of the corporation, but no share shall be transferable until all previous calls thereon shall have been paid. Section 154. Whenever any corporation organized under this Act, for locating, building, constructing,...
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The National-bank Act, as Amended: With Other Laws Relating to National Banks

United States - 1911 - 184 pages
...1noV.*se^Tsa3manner as shall be prescribed by the by-laws of the com-3307stat. Lpany; but no shares shall be transferable until all previous calls thereon shall have been fully paid, and the said stock shall not be taxable in the hands of individual owners, the tax on the gross earnings...
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