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" In case of any violation of the provisions of this section, the directors under whose administration the same may have happened, except... "
Annual Report of the Board of Railroad Commissioners of the State of New ... - Page 74
by New York (State). Board of Railroad Commissioners - 1907
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The Law of Combinations Embracing Monopolies, Trusts, and ..., Volume 2

Arthur Jerome Eddy - Antitrust law - 1901 - 892 pages
...corporation shall make dividends, except from the surplus or net profits arising from its business, nor divide, withdraw, or in any way pay to the stockholders, or any of them, any part of its capital stock, or reduce its capital stock, except according to this act; and in case of any violation...
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At a General Assembly Begun at Dover, in the Delaware State ..., Volume 22

Delaware - Law - 1901 - 1104 pages
...business. Dividends may be paid in cash or capital stock at par, but otherwise the corporation shall not divide, withdraw, or in any way pay to the stockholders, or any of them, any part of its capital stock, or reduce its capital stock, except according to this Act, and in case Reduction...
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Congressional Serial Set

United States - 1902 - 984 pages
...stockholders any part of its capital stock or reduce its capital stock except in accordance with this Act, and in case of any violation of the provisions of this...directors under whose administration the same may happen shall b<-, jointly and severally liable at any time within six years after paying such dividend...
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Cases on the General Principles of the Law of Private Corporations, Volume 2

Horace La Fayette Wilgus - Corporation law - 1902 - 1056 pages
...except from surplus profits. It is further provided that the directors of any corporation shall not divide, withdraw or in any way pay to the stockholders, or any of them, any part of the capital stock of such company, or to reduce the capital stock without the consent of the legislature. These...
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Road Laws of the State of Washington: Including Laws Passed at the Session ...

Washington (State) - 1903 - 1326 pages
...for the trustees to make any dividend except from the net profits arising from the business of the corporation, nor divide, withdraw, or in any way pay...stockholders, or any of them, any part of the capital stock of the company, nor to reduce the capital stock of the company unless in the manner prescribed...
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Report to the Secretary of the Interior

Alaska. Governor - Alaska - 1903 - 110 pages
...make any dividend, except from the net profits arising from the business of the corporation, or to divide, withdraw, or in any way pay to the stockholders, or any of them, any part of the capital stock of the corporation, or to reduce the capital stock of the corporation unless in the manner prescribed...
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The New York Supplement, Volume 83

Law reports, digests, etc - 1903 - 1220 pages
...them, any part of its capital stock, or reduce its capital stock, except according to this act, and in case of any violation of the provisions of this...directors under whose administration the same may happen shall be jointly and severally liable, at any time within six years after paying such dividends...
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The General Corporation Act of New Jersey

New Jersey - Corporation law - 1903 - 290 pages
...corporation shall make dividends, except from the surplus or net profits arising from its business, nor divide, withdraw, or in any way pay to the stockholders, or any of them, any part of its capital stock, or reduce its capital stock, except according to this act, and in case of any violation...
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Reports of Cases Heard and Determined in the Appellate Division ..., Volume 85

New York (State). Supreme Court. Appellate Division - Law reports, digests, etc - 1903 - 758 pages
...corporation shall make dividends except from the surplus or net profits arising from its business, nor divide, withdraw, or in any way pay to the stockholders, or any of them, any part of its capital stock, or reduce its capital stock, except according to this act, and in case of any violation...
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Laws of the State of Delaware

Delaware - Law - 1903 - 568 pages
...business. Dividends may be paid in cash or capital stock at par, but otherwise the corporation shall not divide, withdraw, or in any way pay to the stockholders, or any of them, any part of its capital stock, or reduce its capital stock, except according to this Act, and in case Reduction...
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