 | Illinois. Supreme Court - Law reports, digests, etc - 1914 - 714 pages
...construction placed upon the constitution. The court said : "The prohibition against the issuing of stocks or bonds except for money or property actually received or labor done, and against the fictitious increase of stock or indebtedness, was intended to protect stockholders against... | |
 | Law - 1885 - 550 pages
...constitutional provision is contained iu article 12, and declares: " No private corporation shall issue stock or bonds except for money or property actually received...increase of stock or indebtedness shall be void." As the bouds and stock issued by this corporation were issued for property actually received, viz.,... | |
 | United States. Congress. Senate - United States - 1875 - 1032 pages
...of this State; in such manner, however, that no injustice, shall be done to the corporators. SEC. 8. No private corporation shall issue stocks or bonds,...actually received or labor done; and all fictitious in crease of stock or indebtedness shall be void: nor shall the stock or bonded indebtedness of any... | |
 | Benjamin Perley Poore - Constitutional law - 1877 - 1054 pages
...stockholder in, or subscribe to, or be interested in, the stock of any corporation or association. SEC. 8. No private corporation shall issue stocks or bonds,...the persons holding the larger amount, in value, of stock shall be obtained at a meeting held after notice given, for a period not less than sixty days,... | |
 | Law reports, digests, etc - 1918 - 2060 pages
...liabilities can arise thereon. The section of the Constitution above referred to reads as follows : "No private corporation shall Issue stocks or bonds,...or labor done, and all fictitious increase of stock shall be void." The increase of the capital stock of the corporation seems to have been regularly made... | |
 | Law reports, digests, etc - 1899 - 2058 pages
...constitution of Arkansas (article 12, ยง 8) provided that "no private corporation shall issue stock or bonds, except for money or property actually received,...increase of stock or indebtedness shall be void." The court held that this provision ''did not necessarily indicate a purpose to make the validity of... | |
 | Law reports, digests, etc - 1908 - 1118 pages
...Dow, 120 US 298, 7 Sup. Ct. 487, 30 L. Ed. 595, says: "The prohibition against the issuing of stock or bonds, except for money or property actually received, or labor done, and against the fictitious increase of stock or indebtedness, was intended to protect stockholders against... | |
 | Florida. Constitutional Convention - Constitutional conventions - 1885 - 634 pages
...manner with a company owning or controlling a parallel or competing line within this State. SEC. 10. No corporation shall issue stocks or bonds except for...fictitious increase of stock or indebtedness shall be void. The capital stock of corporations may be increased by giving at least sixty days public notice pursuant... | |
 | United States. Circuit Court (2nd Circuit) - Law reports, digests, etc - 1885 - 646 pages
...constitutional provision is contained in article XII, and declares : "No private corporation shall issue stock or bonds except for money or property actually received,...increase of stock or indebtedness shall be void." As the bonds and stock issued by this corporation were issued for property actually received, viz.,... | |
 | Law - 1885 - 548 pages
...constitutional provision is contained in article 12, and declares: "No private corporation shall issue stock or bonds except for money or property actually received...fictitious increase of stock or indebtedness shall bo void." As the bonds and stock issued by this corporation were issued for property actually received,... | |
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... bonded indebtedness of any private corporation be increased, except in pursuance of general laws, nor until the consent of the persons holding the larger amount in value of stock shall be obtained at a meeting held after notice given for a period... 
