 | New Jersey. Court of Chancery - Law reports, digests, etc - 1907 - 930 pages
...neither shall the holder thereof be, liable for any further payment under the provisions of this act; and in the absence of actual fraud in the transaction the judgment of the directors as to the value of the property purchased shall be conclusive." .? liobliinx. See, Receiver, v. Heppenheimer. (This last... | |
 | New Jersey. Court of Chancery - Law reports, digests, etc - 1902 - 894 pages
...neither shall the holder thereof be liable for any further payment under the provisions of this act : and in the absence of actual fraud in the transaction the judgment of the directors as to the value of the property purchased shall be conclusive." Donald v. American Smelting, &c., Co. Under these provisions,... | |
 | Michigan. Supreme Court, Randolph Manning, George C. Gibbs, Thomas McIntyre Cooley, Elijah W. Meddaugh, William Jennison, Hovey K. Clarke, Hoyt Post, Henry Allen Chaney, William Dudley Fuller, John Adams Brooks, Marquis B. Eaton, Herschel Bouton Lazell, James M. Reasoner, Richard W. Cooper - Law reports, digests, etc - 1919 - 800 pages
...payment under any of the provisions of this act, except the liability imposed by section twenty-nine; and in the absence of actual fraud in the transaction, the judgment of the directors as to the value of the property shall be conclusive. And in addition to the powers hereinbefore enumerated, every corporation... | |
 | New York (State). Board of Railroad Commissioners - Railroads - 1907 - 796 pages
...thereof be liable for any further payment under any of the provisions of this act; and iu the absence of fraud in the transaction the judgment of the directors as to the value of the property purchased shall be conclusive; and in all statements and reports of the corporation, by... | |
 | Law reports, digests, etc - 1903 - 1116 pages
...shall the holder thereof be liable for any further payment under any of the provisions of this act; and in the absence of actual fraud in the transaction, the Judgment of the directors as to the value of the property purchased shall be conclusive; and in all statements and reports of the corporation to... | |
 | Law reports, digests, etc - 1913 - 1140 pages
...shall the holders thereof be liable for any further payment under any of the provisions of this act; and in the absence of actual fraud In the transaction the judgment of the directors as to the value of the property purchased shall be conclusive." These sections have been so often construed by our highest... | |
 | Law reports, digests, etc - 1908 - 1156 pages
...for its business, and issue stock to the amount of the value thereof in payment therefor ; and that, in the absence of actual fraud in the transaction, the judgment of the directors as to the value of the property purchased shall be conclusive. Section 50 (page 21)4) authorizes jesis, etc., companies... | |
 | Law reports, digests, etc - 1924 - 1208 pages
...wholly or partly, by cash, by labor done, by personal property, or by real property or leases thereof," and, "in the absence of actual fraud in the transaction,...property, real estate, or leases, shall be conclusive." Appellees pleaded this provision of the law, as well as the constitutional provision of that state... | |
 | Electronic journals - 1909 - 672 pages
...shall the holder thereof be liable for any further payment under any of the provisions of this act; and in the absence of actual fraud in the transaction, the judgment of the directors as to the value of the property purchased shall be conclusive." In Donald v. American Smelting Co- 2 the Court of Errors... | |
 | Law reports, digests, etc - 1916 - 1404 pages
...stock so issued shall be full paid stock and j not liable to any further call or payment thereon ; and in- the absence of actual fraud in the transaction, the judgment of the directors as to the value of the • * * services rendered, shall be conclusive." Chapter 47, § 87: "The capital stock subscribed... | |
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... in the absence of actual fraud in the transaction, the judgment of the directors as to the value of the property purchased shall be conclusive... 
