 | Illinois. Supreme Court - Law reports, digests, etc - 1914 - 714 pages
...information then sets out section 13 of article 11 of the constitution of Illinois, which reads as follows: "No railroad corporation shall issue any stock or...indebtedness of any such corporation, shall be void." It also set out section 22 of the Railroad Corporation act, which is substantially identical with the... | |
 | Illinois. Supreme Court - Law reports, digests, etc - 1916 - 710 pages
...device conceived with the fraudulent intent to evade the constitutional and statutory requirements that no railroad corporation shall issue any stock or bonds...labor or property actually received and applied to the purpose for which such corporation was organized, and that all dividends and other fictitious increase... | |
 | United States. Supreme Court - Law reports, digests, etc - 1874 - 726 pages
...in July, 1870, by the thirteenth section of the eleventh article of which it is declared as follows: "No railroad corporation shall issue any stock or...the purposes for which such corporation was created, mid all stock-dividends, and other fictitious increase of the capital stock, or indebtedness of any... | |
 | Law - 1871 - 396 pages
...for the transportation of passengers and freight on the different railroads in this State." § 13. " No railroad corporation shall issue any stock or bonds,...indebtedness of any such corporation shall be void." undoubtedly correct and invincible in his position that the execution of such a lease cannot be restrained,... | |
 | 1907 - 1184 pages
...thirty percent, stock dividend) was valid. for the Constitution of that State has this provision : No railroad corporation shall issue any stock or bonds...labor, or property actually received and applied to the purpose for which such corporation was created ; and all stock dividends and other fictitious increases... | |
 | Illinois. Constitutional Convention - Constitutional conventions - 1870 - 1074 pages
...franchises. § 6. No railroad or other corporation shall issue any stock, bonds, evidences of indebtedness, except for money, labor or property actually received...purposes for which such corporation was created ; and all steck dividends and other fictitious increase of the capital stock or indebtedness of any such corporation... | |
 | William B. Dana - Commerce - 1870 - 494 pages
...to stockholders, in such manner as nay be provided by law. No railroad corporation is permitted to issue any stock or bonds except for money, labor or property actually received and applied to the purpose for which such corporation was created ; all stock dividends and other fictitious increase... | |
 | Charles Francis Adams, Henry Adams - Erie railway - 1871 - 446 pages
...for the transportation of passengers and freight on the different railroads in this State." § 13. " No railroad corporation shall issue any stock or bonds,...indebtedness of any such corporation shall be void " § 15. " The General Assembly shall pass laws to correct abuses, and prevent unjust discrimination... | |
 | Charles Francis Adams - Railroads and state - 1871 - 40 pages
...for the transportation of passengers and freight on the different railroads in this State." § 13. "No railroad corporation shall issue any stock or...indebtedness of any such corporation shall be void " § 15. "The General Assembly shall pass laws to correct abuses, and prevent unjust discrimination... | |
 | North American review - 1871 - 494 pages
...for the transportation of passengers and freight on the different railroads in this State." § 13. "No railroad corporation shall issue any stock or...indebtedness of any such corporation shall be void. . . . ." § 15. "The General Assembly shall pass laws to correct abuses, and prevent unjust discrimination... | |
| |
No railroad corporation shall issue any stock or bonds, except for money, labor, or property actually received and applied to the purposes for which such corporation was created, and all stock, dividends, and other fictitious increase of the capital stock... 
