 | 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,... | |
 | 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... | |
 | 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 - 1923 - 1092 pages
...nor shall the holder thereof be liable for any further payments under the provisions of this chapter. And in the absence of actual fraud In the transaction,...property, real estate or leases, shall be conclusive." Kev. Code 1015, ยง 1928. Butler ; $62,000 of the notes, along with an equal amount of this stock in... | |
 | 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 - 1907 - 2136 pages
...shall the holder thereof be liable to 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 dinctore as to the value of the property purchased shall be conclusive; and in all statements and reports... | |
 | 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... | |
 | 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... | |
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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... 
