 | Alabama. Supreme Court - Law reports, digests, etc - 1898 - 878 pages
...provides that: "No corporation shall issue stock or bonds except for money, labor done, or money er property actually received and all fictitious increase...stock or indebtedness shall, be void."— Const., Art. XIV, § 6. 5. If the bonds when delivered to complainants could not be enforced in their hands by a... | |
 | New York (State). Board of Railroad Commissioners - Railroads - 1895 - 682 pages
...such payment. § 42. Consideration for issue of stock and bonds. — No corporation shall issue either stock or bonds except for money, labor done or property actually received for the use and lawful purposes of such corporation. No such stock shall be issued for less than its... | |
 | Law - 1885 - 544 pages
...provides that ' ' no corporation shall issue stocks or bonds except for money, labor done, or money or property actually received; and all fictitious increase of stock or indebtedness shall be void." An incorporated railroad company of that State entered into a construction contract whereby the contractor... | |
 | Pennsylvania. Constitutional Convention - Constitutional conventions - 1873 - 746 pages
...seventh and eighth : "SECTION 7. No corporation shall issue stocks or bonds except for money, labor or property actually received ; and all fictitious increase of stock or indebtedness shall be void ; the stock and indebtedness of corporations shall not be increased except in pursuance of general... | |
 | Edward McPherson - United States - 1872
...such as may be necessary and proper for its legitimate business. No corporation shall issue stocks or bonds except for money, labor done, or property...fictitious increase of stock or indebtedness shall be void. The stock of corporations shall not be increased, except in pursuance of general law, nor without the... | |
 | Edward McPherson - United States - 1874 - 268 pages
...such as may be necessary and proper for its legitimate business. No corporation shall issue stocks or bonds except for money, labor done, or property...fictitious increase of stock or indebtedness shall be void. The stock of corporations shall not be increased, except in pursuance of general law, nor without the... | |
 | Michigan. Legislature. Senate - Michigan - 1874 - 284 pages
...be served. SEC. 7. No corporation shall issue stocks or bonds except for money, labor done, or money or property actually received; and all fictitious increase of stock or indebtedness shall be void. The stock and indebtedness of corporations shall not be increased except in pursuance of general law,... | |
 | Law reports, digests, etc - 1896 - 644 pages
...attorney- general. "No corporation shall issue stocks or bonds except for money, labor done or money or property actually received, and all fictitious increase of stock or indebtedness shall be void." The Act of May 7, 1887, PL 94, is entitled, ' 'An Act to enforce against railroads and corporations... | |
 | Edward McPherson - United States - 1872
...the State shall be appropriated to or used for the support of any sectarian or denominational school. No corporation shall issue stock or bonds, except for money, labor done, or money or property actually received; and all fictitious increase of stock or indebtedness shall be... | |
 | Pennsylvania. Laws, statutes, etc - Law - 1876 - 288 pages
...therefor; no such corporation shall issue either bonds or stock except for money, labor done or money or property actually received, and all fictitious increase of stock or indebtedness in any form shall be void; every such corporation may provide for the issue of deferred stock in payment... | |
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No corporation shall issue stocks or bonds except for money, labor done, or money or property actually received; and all fictitious increase of stock or indebtedness shall be void. 
