The Law Magazine and Review: A Quarterly Review of Jurisprudence, Volumes 7-8Saunders and Benning, 1859 - Law |
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Page 86
... dividends on which are payable 2 1 See Grant's Law of Bankers and Banking , p . 5 - the cases collected . * See Evidence , & c . , pp . 286 , 287 , 288 . in Ireland . An incorporated body , the trustees of 86 Principles and Law of Banking .
... dividends on which are payable 2 1 See Grant's Law of Bankers and Banking , p . 5 - the cases collected . * See Evidence , & c . , pp . 286 , 287 , 288 . in Ireland . An incorporated body , the trustees of 86 Principles and Law of Banking .
Page 98
... dividend when the company is in an insolvent state , or any dividend which would to their knowledge render it insolvent , shall be liable for all the then debts of the company , and for all that shall be con- tracted thereafter during ...
... dividend when the company is in an insolvent state , or any dividend which would to their knowledge render it insolvent , shall be liable for all the then debts of the company , and for all that shall be con- tracted thereafter during ...
Page 99
... dividend for a considerable time past , and now pays nine per cent . , which the proprietors do not consider a high rate of dividend ; they would be frightened , it is said , if too high a rate were paid them , just as prudent persons ...
... dividend for a considerable time past , and now pays nine per cent . , which the proprietors do not consider a high rate of dividend ; they would be frightened , it is said , if too high a rate were paid them , just as prudent persons ...
Page 100
... dividends of 10 per cent . to its shareholders . For on what is that dividend paid ? Only on the capital paid up . The fallacy , or the mistake , or misunderstanding , lies in confounding dividend and profit . A bank may divide 20 per ...
... dividends of 10 per cent . to its shareholders . For on what is that dividend paid ? Only on the capital paid up . The fallacy , or the mistake , or misunderstanding , lies in confounding dividend and profit . A bank may divide 20 per ...
Page 101
... dividends may be safely declared and paid at very high rates of per centage on the paid - up capital of the shareholders . These considerations show how easily mistakes are made on this subject of banking ; and , withal , how easily ...
... dividends may be safely declared and paid at very high rates of per centage on the paid - up capital of the shareholders . These considerations show how easily mistakes are made on this subject of banking ; and , withal , how easily ...
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