 | New York (State) - Law - 1829 - 826 pages
...the directors of any monied corpo- Ructions OD monied inr.iMull, corporation* 1. To made dividends, except from the 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... | |
 | Michigan. Legislative Council - 1832 - 398 pages
...And by adding to the thirteenth section, the following. " Provided that no dividend shall be paid, except from the surplus profits arising from the business of the corporation, and it shall not be lawful to divide, withdraw, or in any way reduce the capital stock, or any part thereof,... | |
 | Michigan - Law - 1835 - 558 pages
...directors, conditioned for the faithful discharge of their duties: Provide d, That no dividend shall be paid except from the surplus profits arising from the business of the corporation, and it shall not be lawful to divide, withdraw, or in any way reduce the capital stock or any part thereof,... | |
 | Nicholas Hill, New York (State). Supreme Court - Law reports, digests, etc - 1845 - 726 pages
...: " § 1. It shall not be lawful for the directors of any monied corporation, 1. To make dividends, except from the 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... | |
 | Samuel Owen - Law - 1849 - 404 pages
...all of these monied corporations (1 RS 591, sects.) prohibits them from making any dividends at all, except from the surplus profits arising from the business of the corporation; and that this same statute prohibits the directors from permitting any of the capital stock from being... | |
 | 1853 - 688 pages
...and vote accordingly as a stockholder. Sec. 13. It shall not be lawful for the trustees to make any dividend, except from the surplus 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... | |
 | California, Selucius Garfielde, Frederick A. Snyder - Law - 1853 - 1108 pages
...and vote accordingly as a stockholder. SEC. 13. It shall not be lawful for the Trustees to make any dividend except from the surplus 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... | |
 | Jesse B. Hart - Civil procedure - 1853 - 334 pages
...meetings, and vote accordingly as a stockholder. It shall not be lawful for the trustees to make any dividend except from the surplus 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... | |
 | New York (State). Board of Railroad Commissioners - Railroads - 1907 - 796 pages
...§ 594. A director of a stock corporation, who concurs in any vote or act of the directors of such corporation, or any of them, by which it is intended,...corporation, and in the cases and manner allowed by law; or, 2. To divide, withdraw, or in any manner pay to the stockholders or any of them, any part... | |
 | John Cleaveland - Banking law - 1857 - 452 pages
...ttaMei,—cxcepturith the provisions either of or the acts amending the same." 1. To make dividends, except from the surplus profits arising from the business of the corporation : 2. To divide, withdraw, or in any manner pay to the -t .ckholders, or any of them, any part of the... | |
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... 1. To make a dividend, except from the surplus profits arising from the business of the corporation, and in the cases and manner allowed by law ; or. 2. To divide, withdraw, or in any manner... 
