 | Appellate courts - 1910 - 820 pages
...further payment under any of the provisions 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... | |
 | Oregon - 1920 - 136 pages
...paid stock and not liable to any assessment; 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 or leports of the corporation to be published or filed,... | |
 | Law reports, digests, etc - 1921 - 1116 pages
...absence of such evidence and in the absence of an entry in the minutes of the corporation setting forth the judgment of the directors as to the value of the property taken over, we cannot say that the trial court erred in malung finding No. 4. Upon the record before... | |
 | Thomas Conyngton, Robert Joseph Bennett, Paul Whittier Pinkerton - Corporation law - 1922 - 1722 pages
...Xew Jersey, where it \vas forme.Hy supposed 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" ' — and this with but little regard as to how this judgment was reached. Recent... | |
 | New York (State) - Session laws - 1923 - 1164 pages
...payment under any of the provisions of this chapter; 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... | |
 | United States - 1927 - 920 pages
...of the corporation, or in shares of stock of any other corporation owning such necessary property. The judgment of the directors as to the value of the property so purchased shall be conclusive in the absence of actual fraud. Shares issued in payment of property... | |
 | Law reports, digests, etc - 1906 - 1036 pages
...issue full-paid stock in payment for property necessary in its business, and that, in the absence of fraud, the judgment of the directors as to the value of the property shall be conclusive. A manufacturing corporation organized under such statute made a contract with... | |
 | George Folger Canfield, Isaac Maurice Wormser - Corporation law - 1925 - 960 pages
...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." Under these provisions, after the property has been purchased and the stock issued... | |
 | Law reviews - 1925 - 1182 pages
...the amount of the value thereof in payment therefor and in the absence of fraud in the transaction of judgment of the directors as to the value of the property purchased shall be conclusive;...." NY Stock Corp. Law (1923) §69. "Attenberg v. Grant (CC 6th Cir. 1898) 85... | |
 | Law - 1901 - 530 pages
...under the act may purchase property and Issue stock to the amount of the value of the property, and in the absence of actual fraud, the judgment of the...directors as to the value of the property purchased shall be conclusive. A corporation, capitalized for $05,000,000, proposed to issue $45,000,000 additlenal... | |
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... in the absence of fraud in the transaction the judgment of the directors as to the value of the property purchased shall be conclusive... 
