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" Any corporation formed under this act may purchase mines, manufactories or other property necessary for its business, or the stock of any company or companies owning, mining, manufacturing or producing materials or other property necessary for its business,... "
The New York Supplement - Page 204
1895
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Acts of the General Assembly of the State of New Jersey

New Jersey - Law - 1868 - 1378 pages
...thousand dollars shall have been paid in, said company may purchase manufactories, real estate and other property necessary for their business, and issue stock...amount of the value thereof, in payment therefor, and the stock so issued shall be declared to be and taken to be full stock and not liable to any further...
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Laws of the State of New York, Volume 2

New York (State) - Law - 1867 - 1404 pages
...company may purchase lands, docks, water rights, lands under water with their improvements, and other property necessary for their business, and issue stock...the amount of the value thereof in payment therefor ; and the stock So issued shall be declared and taken to be full stock and not liable to any further...
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Reports of Cases Decided in the Court of Chancery of the State of ..., Volume 69

New Jersey. Court of Chancery - Law reports, digests, etc - 1907 - 930 pages
...under this act may purchase mines, manufactories or S Robbing. See, Receiver, v. Heppenheimer. other property necessary for their business * * * and issue...amount of the value thereof in payment therefor." There the word "property" must evidently be construed by its context which refers to something visible...
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Reports of Cases Decided in the Court of Chancery of the State of ..., Volume 62

New Jersey. Court of Chancery - Law reports, digests, etc - 1902 - 894 pages
...companies owning, mining, manufacturing or producing materials or other property necessary for its business, and issue stock to the amount of the value thereof in payment therefor." The meaning of section 48 is not questionable. The money must equal the face value of the stock. The...
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Documents

New York (N.Y.) - 1871 - 1374 pages
...or give any lien thereon. The trustees of such company may purchase mines, manufactories, and other property necessary for their business, and issue stock...the amount of the value thereof in payment therefor ; and the stock so issued shall be declared and taken to be full stock, and not liable to any further...
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Mining Magazine: Devoted to Mines, Mining Operations, Metallurgy & C

1853 - 688 pages
...carry on their business. § 2. The Trustees of such company may purchase mines, manufactories and other property necessary for their business, and issue stock...the amount of the value thereof, in payment therefor ; and the stock so issued shall be declared and taken to be full stock, and not liable to any further...
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Laws of the State of New York

New York (State) - Session laws - 1853 - 1390 pages
...may purchase mines, ^^ manufactories, and other property necessary for their busi- chaw? mine*, ness, and issue stock to the amount of the value thereof in payment therefor; and the stock so issued shall be declared and taken to be full stock, and not liable to any further...
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Annual Report of the Board of Railroad Commissioners of the State ..., Volume 3

New York (State). Board of Railroad Commissioners - Railroads - 1907 - 796 pages
...certificate of incorporation, or necessary for the use and lawful purposes of such corporation, and may issue stock to the amount of the value thereof in payment therefor, and the stock so issued shall be full paid stock and not liable to any further call, neither shall...
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Reports of Practice Cases, Determined in the Courts of the State ..., Volume 6

Austin Abbott - Civil procedure - 1858 - 610 pages
...of 1853 (Laws of 1853, 705) provided "that the trustees may purchase mines, manufactories, and other property necessary for their business, and issue stock...the amount of the value thereof in payment therefor, and the stock so issued shall be taken as full stock." It is to be reported not as cash paid into the...
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Laws of the State of New York

New York (State) - Session laws - 1858 - 812 pages
...act. The directors of such company may purchase such lands, real estate, buildings *«• "* and other property necessary for their business, and issue stock to the amount of the value therefor; and the stock so issued shall be declared and taken to be full stock, and not liable to any...
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