Cyclopedia of the Law of Private Corporations, Volume 6Callaghan, 1919 - Corporation law |
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Page 5992
... true owner . § 3846. Liability of transferee to corporation . § 3847. Liability of corporation to transferee . § 3848. Rights and liabilities of purchaser of new certificate . § 3849. Liability of person selling stock as broker or agent ...
... true owner . § 3846. Liability of transferee to corporation . § 3847. Liability of corporation to transferee . § 3848. Rights and liabilities of purchaser of new certificate . § 3849. Liability of person selling stock as broker or agent ...
Page 6018
... true in the case of ordinary preferred stock.33 " The relation of a holder of pre- ferred stock , " it was said in an Ohio. § 3630 . in no event be liable for the debts of the corporation beyond their stock . Chap . 110 of the Revised ...
... true in the case of ordinary preferred stock.33 " The relation of a holder of pre- ferred stock , " it was said in an Ohio. § 3630 . in no event be liable for the debts of the corporation beyond their stock . Chap . 110 of the Revised ...
Page 6019
... true under particular statutory provisions . The legislature may expressly authorize the issue Fed . 36 ; Spencer v . Smith , 201 Fed . 647 , rev'g 190 Fed . 105 ; Ellsworth v . Lyons , 181 Fed . 55 ; Guaranty Trust Co. v . Galveston ...
... true under particular statutory provisions . The legislature may expressly authorize the issue Fed . 36 ; Spencer v . Smith , 201 Fed . 647 , rev'g 190 Fed . 105 ; Ellsworth v . Lyons , 181 Fed . 55 ; Guaranty Trust Co. v . Galveston ...
Page 6067
... true though the change is made for the ostensible purpose of correcting a mistake in the by- laws.52 A stockholder cannot compel the payment of a declared dividend , where it would necessarily have to be paid out of capital and not out ...
... true though the change is made for the ostensible purpose of correcting a mistake in the by- laws.52 A stockholder cannot compel the payment of a declared dividend , where it would necessarily have to be paid out of capital and not out ...
Page 6068
... true where a fund has been set apart or deposited by the corporation out of which the dividend is to be paid.56 And it has been held to be true even though no such fund has been set aside or deposited , 57 although there is a dictum to ...
... true where a fund has been set apart or deposited by the corporation out of which the dividend is to be paid.56 And it has been held to be true even though no such fund has been set aside or deposited , 57 although there is a dictum to ...
Common terms and phrases
action aff'd aff'g agreement amount Ass'n assets assignment authority bona fide bona fide purchaser by-laws capital stock certificate of stock charter Colo Conn contract corporation court court of equity creditors debt declared delivery dends directors divi earnings entitled equity Estate fact ferred fraud held holders Illinois indorsed infra Iowa issued Jersey liability lien majority stockholders Mass Massachusetts ment Minn N. J. Eq N. Y. App N. Y. Misc N. Y. Supp notice Ohio St owner paid parties payment Pennsylvania person pledge pledgor poration power of attorney preferred stock profits provision purchaser remainderman rev'g rule sell seller shares of stock Smith statute stock dividend stockholders supra Tenn tion transfer Trust Utah valid W. R. Co Wash York
Popular passages
Page 6438 - The certificate has been transferred to a purchaser for value in good faith without notice of any facts making the transfer wrongful...
Page 6515 - All contracts for the sale of shares of the capital stock of any corporation or association, on margin or to be delivered at a future day, shall be void, and any money paid on such contracts may be recovered by the party paying it by suit in any Court of competent jurisdiction.
Page 6303 - The title of a transferee of a certificate under a power of attorney or assignment not written upon the certificate, and the title of any person claiming under such transferee shall cease and determine if, at any time prior to the surrender of the certificate to the corporation issuing it, another person, for value in good faith, and without notice of the prior transfer, shall purchase and obtain delivery of such certificate with the indorsement of the person appearing by the certificate to be the...
Page 6505 - And by the seventeenth section of the same statute it is enacted, that " no contract for the sale of any goods, wares and merchandizes, for the price of ten pounds sterling or upwards, shall be allowed to be good, except the buyer shall accept part of the goods so sold, and actually receive the same, or give something in earnest to bind the bargain, or in part...
Page 6505 - ... or any interest in or concerning them ; or upon any agreement that is not to be performed within the space of one year from the making thereof; unless the agreement upon which such action shall be brought, or some memorandum or note thereof, shall be in writing, and signed by the party to be charged therewith, or some other person thereunto...
Page 6303 - By delivery of the certificate and a separate document containing a written assignment of the certificate or a power of attorney to sell, assign, or transfer the same or the shares represented thereby, signed by the person appearing by the certificate to be the owner of the shares represented thereby.
Page 6096 - Theoretically, the expenses chargeable to earnings include the general expenses of keeping up the organization of the company, and all expenses incurred in operating the works and keeping them in good condition and repair; whilst expenses chargeable to capital include those which are incurred in the original construction of the works, and in the subsequent enlargement and improvement thereof.
Page 6335 - ... no transfer of stock shall be valid for any purpose whatever, except to render the person to whom it shall be transferred liable for the debts of the company, according to the provisions of this act, until it shall have been entered therein as required by this section, by an entry showing to and from whom transferred.
Page 6433 - The issue of a new certificate under an order of the court as provided in this section shall not relieve the corporation from liability in damages to a person to whom the original certificate has been or shall be transferred for value without notice of the proceedings or of the issuance of the new certificate.
Page 6186 - ... reserve part of the earnings of a prosperous year to make up for a possible lack of profits in future years; or it may retain portions of its earnings and allow them to accumulate, and then invest them in its...