 | New York (State) - 1829 - 826 páginas
...him, on his stock : 5. To apply any portion of the funds of their corporation except surplus profits, directly or indirectly to the purchase of shares of its own stock : 0. To receive any sucli shares in payment or satisfaction of any debt due to their corporation, except... | |
 | T. M. Lalor, New York (State). Supreme Court - 1833 - 712 páginas
...the directors of any monied corporation to apply any portion of their funds, except surplus profits, directly or indirectly to the purchase of shares of its own stock. This provision was not in the statute of one thousand eight hundred and twentyfive. It is perhaps unfortunate... | |
 | United States. Congress. House - 1841 - 624 páginas
...way or manner, reduce the capital stock of the said corporation, without the consent of Congress ; nor shall the said directors apply, or suffer to be...receive, as a security for any loan or discount . or in any payment or satisfaction of any debt due to the said corporation, except in the necessary course... | |
 | Samuel Hazard - 1841 - 440 páginas
...evidence Hi" debt, with intent of enabling any stockholder to 116 in withdraw any part of the money paid in by him on his stock; nor shall the said directors...directly or indirectly, to the purchase of shares ot its own Btock ; nor shall the said directors, or any of them, receive as a security for any loan... | |
 | Nicholas Hill, New York (State). Supreme Court - 1845 - 726 páginas
...in by him, on his Slock: 5. To apply any of the funds of their corporation, except surplus profits, directly or indirectly, to the purchase of shares of its own stock : 6. To receive any such shares in payment or satisfaction of any debt due to their corporation, except... | |
 | Samuel Owen - 1848 - 488 páginas
...monied corporation, to apply any portion of the funds of their corporation, except surplus profits, directly or indirectly, to the purchase of shares of its own stock," (1 RS 589, § 1, sub. 5, 1 ed.) and, second, that which declares that " no conveyance, assignment or... | |
 | New York (State). Court of Appeals, George Franklin Comstock, Henry Rogers Selden, Francis Kernan, Erasmus Peshine Smith, Joel Tiffany, Samuel Hand, Hiram Edward Sickels, Edward Jordan Dimock, Edmund Hamilton Smith, Edwin Augustus Bedell, Louis J. Rezzemini, Alvah S. Newcomb, James Newton Fiero - 1850 - 614 páginas
...legislature ;" or " to apply any portion of the funds of their corporation, except surplus profits, directly or indirectly, to the purchase of shares of its own stock." (1 RS 589, § 1.) The case falls so plainly within these prohibitions that no question is made on the... | |
 | John Cleaveland - 1857 - 452 páginas
...him, on his stock : 5. To apply any portion of the funds of their corporation, except surplus profits, directly or indirectly, to the purchase of shares of its own stock : 6. To receive any such shares in payment or satisfaction of any debt due to their corporation, except... | |
 | Francis Edward Cornwell - 1859 - 702 páginas
...him on his stock ; 5. To apply any portion of the funds of the incorporation, except surplus profits, directly or indirectly, to the purchase of shares of its own stock ; 6. To receive any such shares in payment or satisfaction of any debt due to their corporation, except... | |
 | New York (State) - 1863 - 1036 páginas
...him, on his stock: 5. To apply any portion of the funds of their corporation except surplus profits, directly or indirectly to the purchase of shares of its own stock: e. To receive any such shares in payment or satisfaction of any debt due to their corporation, except... | |
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To apply any portion of the funds of such corporation, except surplus profits, directly or indirectly, to the purchase of shares of its own stock ; or 6. 
