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" To divide, withdraw, or in any manner pay to the stockholders, or any of them, any part of the capital stock of the corporation ; or to reduce such capital stock without the consent of the legislature ; or 3. "
Cases on Private Corporations - Page 532
by George Folger Canfield, Isaac Maurice Wormser - 1925 - 933 pages
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Laws of the State of New York

New York (State) - Session laws - 1825 - 538 pages
...and it shall not be lawful for the directors of the said company to divide, withdraw, or in any way pay to the stockholders, or any of them, any part...; and it shall not be lawful for the directors of said company to discount or receive any note or other evidence of debt in payment of any instalment,...
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The Revised Statutes of the State of New-York: Passed During the ..., Volume 1

New York (State) - Law - 1829 - 826 pages
...surplus profits, arising from the business of the corporation : 2. To divide, withdraw, or in any manner pay to the stockholders, or any of them, any part of the capital stock of the corporation ; or to reduce such capital stock, without the consent of the legislature : 3. To discount...
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Reports of Cases Decided in the Court of Chancery of the State of ..., Volume 38

New Jersey. Court of Chancery - Law reports, digests, etc - 1884 - 736 pages
...or net profits arising from the business of the corporation, nor 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 except according to that act, without the consent of...
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Reports of Cases Argued and Determined in the Superior Court of the City of ...

New York (State). Superior Court (New York), Jonathan Prescott Hall - Law reports, digests, etc - 1831 - 718 pages
...provided, that it shall not be lawful for the directors of any bank " to divide, with" draw, or in any way pay to the stockholders, or any of them, " any part of the capital stock, or to reduce the same without the '• consent of the Legislature;" and that in case of any violation...
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Reports of Cases Argued and Determined in the Court of Chancery of ..., Volume 2

New York (State). Court of Chancery, Alonzo Christopher Paige - Equity - 1839 - 692 pages
...directors of any incorporated company to divide, withdraw, or in any way to pay to the stockholders, or to any of them, any part of the capital stock of such...capital stock, without the consent of the legislature. A corporation cannot take a transfer of its stock, and keep it alive a such. The capital stock is the...
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Journal: 1st-13th Congress . Repr. 14th Congress, 1st Session ..., Volume 1

United States. Congress. House - United States - 1841 - 624 pages
...profits arising from the business of the corporation, and shall not, at any time, or in any manner, pay to the stockholders, or any of them, any part of the capital stock of the said corporation ; nor shall they, at any time, or in any way or manner, reduce the capital stock...
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Acts of the General Assembly of the State of New Jersey

New Jersey - Session laws - 1842 - 1396 pages
...profits stock, arising from the business of the corporation, nor to divide, withdraw, or in any way pay to the stockholders, or any of them, any part of the capital stock of the said corporation, nor to reduce the said capital stock without the consent of the legislature ;...
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Hazard's United States Commercial and Statistical Register, Volume 5

Samuel Hazard - Banks and banking - 1841 - 440 pages
...profits arising from the business of the corporation, and shall not at any time, or in any manner, pay to the stockholders, or any of them, any part of the capital stock of the said corporation; nor shall they at any time, or in any way or manner, reduce the capital stock...
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Reports of Cases Argued and Determined in the Supreme Court of the ..., Volume 6

Nicholas Hill, New York (State). Supreme Court - Law reports, digests, etc - 1845 - 726 pages
...surplus profits, arising from the business of the corporation : 2. To divide, withdraw, or in any manner pay to the stockholders, or any of them, any part of the capital stock of the corporation ; or to reduce such capital stock, without the consent of the legislature : 3. To discount...
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Reports of Cases Argued and Determined in the Court of Chancery of ..., Volume 3

New York (State). Court of Chancery, Oliver Lorenzo Barbour - Equity - 1849 - 730 pages
...shall not be lawful for the directors of any moneyed corporation to divide, withdraw, or in any manner pay to the stockholders or any of them, any part of the capital stock of the corporation, or to reduce such capital stock, without the consent of the legislature, or to receive...
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