Search Images Maps Play YouTube News Gmail Drive More »
Sign in
Books Books
" ... in the absence of fraud in the transaction the judgment of the directors as to the value of the property purchased shall be conclusive... "
The Oklahoma Law Journal - Page 136
1907
Full view - About this book

Journal, Volume 2

Michigan. Legislature. House of Representatives - Michigan - 1903
...except the liability imposed by Section 29; 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 organized...
Full view - About this book

The Law of Foreign Corporations and Taxation of Corporations Both Foreign ...

Joseph Henry Beale - Corporation law - 1904 - 1149 pages
...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 be published or filed...
Full view - About this book

Annual Report, Volume 1

New York (State). Board of Railroad Commissioners - Railroads - 1904
...further payment under any of the pro visions of this act; and in 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 required to be published...
Full view - About this book

Corporation Accounting and Corporation Law: A Manual of Corporate ...

John Joseph Rahill - Corporation law - 1905 - 443 pages
...money, the amount must be equal to the par of the stock; the same applies when issued for property, but, "the judgment of the directors as to the value of the property purchased shall be conclusive," 1 (presuming of course that the trade is not fraudulent), the courts having held...
Full view - About this book

New Secretary's Manual: A Compendium of Forms, Instruction and Legal ...

William Austen Carney - Corporation law - 1905 - 266 pages
...become and be fully paid up and non-assessable, 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. Fourth. The time of the commencement of this corporation shall be the date of...
Full view - About this book

Acts of the Legislative Assembly of the Territory of New Mexico, Session...

New Mexico - 1905 - 459 pages
...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 be published or filed...
Full view - About this book

A Manual of Statutory Corporation Law: Classified Corporation Laws of All ...

Martha Uboe Overland - Corporation law - 1905 - 450 pages
...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. § 48; Plaquemines TF Co. v. Buck, 52 NJ Eq. 219 (1893). When capital stock is...
Full view - About this book

Ohio Circuit Court Reports: New Series, Volume 5

Ohio. Circuit Court - Law reports, digests, etc - 1905
...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 property purchased, or services rendered, shall be conclusive" (Section 50). 1904-5.] Cuyahoga County. The truth of the...
Full view - About this book

Workshop on Skyrmions and Anomalies: Kraków, Poland, 20-24 February 1987

M. Jeźabek, M. Praszałowicz - Broken symmetry (Physics) - 1906 - 531 pages
...even prior to the enactment of Chapter 185, Section 49 of the laws of 1896, the law of New Jersey was that "in the absence of actual fraud, the judgment...directors as to the value of the property purchased shall be conclusive" upon all parties. In other words, the statute was merely declaratory of the common...
Full view - About this book

A Treatise on the Incorporation and Organization of Corporations: Created ...

Thomas Gold Frost - Corporation law - 1906 - 698 pages
...the stock so issued shall be full-paid stock and not liable to any further call. In the absence of fraud the judgment of the directors as to the value of the property so taken shall be conclusive. Upon the payment in full of each instalment of capital stock a certificate...
Full view - About this book




  1. My library
  2. Help
  3. Advanced Book Search
  4. Download EPUB
  5. Download PDF