 | Illinois. Supreme Court - Law reports, digests, etc - 1914 - 714 pages
...out section 13 of article 11 of the constitution of Illinois, which reads as follows: "No railroad corporation shall issue any stock or bonds, except...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
...with the fraudulent intent to evade the constitutional and statutory requirements that no railroad corporation shall issue any stock or bonds except...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
...by the thirteenth section of the eleventh article of which it is declared as follows: "No railroad corporation shall issue any stock or bonds, except...the purposes for which such corporation was created, mid all stock-dividends, and other fictitious increase of the capital stock, or indebtedness of any... | |
 | Illinois, Illinois. Constitutional Convention - Constitutional history - 1870 - 64 pages
...transportation of passengers and freight on the different railroads in this State. § 13. No railroad corporation shall issue any stock or bonds, except...indebtedness of any such corporation, shall be void. The capital stock of no railroad corporation shall be increased for any purpose, except upon giving... | |
 | Law - 1871 - 396 pages
...transportation of passengers and freight on the different railroads in this State." § 13. " No railroad corporation shall issue any stock or bonds, except...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,... | |
 | 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... | |
 | 1907 - 1184 pages
...percent, stock dividend) was valid. for the Constitution of that State has this provision : No railroad corporation shall issue any stock or bonds except...labor, or property actually received and applied to the purpose for which such corporation was created ; and all stock dividends and other fictitious increases... | |
 | 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... | |
 | The North American Review.VOL.CXII. - 1871 - 506 pages
...transportation of passengers and freight on the different railroads in this State." § 13. "No raifroad corporation shall issue any stock or bonds, except...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, Henry Adams - Literary Criticism - 1871 - 448 pages
...transportation of passengers and freight on the different railroads in this State." § 13. " No railroad corporation shall issue any stock or bonds, except...indebtedness of any such corporation shall be void " § 15. " The General Assembly shall pass laws to correct abuses, and prevent unjust discrimination... | |
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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... 
