Subject to the rights of persons, if any, entitled to shares with special rights as to dividends, all dividends shall be declared and paid according to the amounts paid on the shares... Trade Promotion Series - Page 1411933Full view - About this book
| Frederick Pollock - Law - 1906 - 618 pages
...justified by the profits of the company. 97. No dividend shall be paid otherwise than out of profits. 98. Subject to the rights of persons, if any, entitled to shares with special rights as to dividend, all dividends shall be declared and paid »wording to the amounts paid on the shares, but... | |
| Accounting - 1906 - 964 pages
...the profits of the company. gj. — No dividend shall be paid otherwise than out of profits. 98. — Subject to the rights of persons, if any, entitled to shares with special rights as to dividend, all dividends shall be declared and paid according to the amounts paid on the shares, but... | |
| Alfred Nixon, J. H. Stagg - Accounting - 1907 - 498 pages
...justified by the profits of the company. 97. No dividend shall be paid otherwise than out of profits. 98. Subject to the rights of persons (if any) entitled to shares with special rights as to dividend, all dividends shall be declared and paid according to the amounts paid on the shares ; but... | |
| Lawrence Robert Dicksee - Auditing - 1907 - 936 pages
...the profits of the company. 97. — No dividend shall be paid otherwise than out of profits. 98.— Subject to the rights of persons, if any, entitled to shares with special rights as to dividend, all dividends shall be declared and paid according to the amounts paid on the shares, but... | |
| George Lisle - Accounting - 1907 - 526 pages
...justified by the profits of the company. 97. No dividend shall be paid otherwise than out of profits. 98. Subject to the rights of persons, if any, entitled to shares with special rights as to dividend, all dividends shall be declared and paid according to the amounts paid on the shares, but... | |
| Alfred Nixon - Commercial law - 1907 - 336 pages
...justified by the profits of the company. "No dividend shall be paid otherwise than out of profits. " Subject to the rights of persons (if any) entitled to shares with special rights as to dividend, all dividends shall be declared and paid according to the amounts paid on the shares ; but... | |
| Ernest Evan Spicer - Auditing - 1911 - 796 pages
...(Lagunas Nitrate Co. v. Schrosder, 1901, 85 LT 22.) Clause 98 of the present Table " A " pro Abides that subject to the rights of persons, if any, entitled...paid according to the amounts paid on the Shares. Previously, unless the Articles provided otherwise, DiATidends were payable in proportion to the nominal... | |
| Prince Edward Island - Law - 1914 - 724 pages
...justified by the profits of the company. 97. No dividend shall be paid otherwise than out of profits. 98. Subject to the rights of persons (if any) entitled...dividends shall be declared and paid according to the amount paid on the shares ; but, if and so long as nothing is paid up on any of the shares in the company,... | |
| British Columbia - Law - 1914 - 900 pages
...otherwise than out of profits, and no dividend shall be at a rate In excess of six per cent, per annum. 36. All dividends shall be declared and paid according to the amounts paid on the shares. 37. The directors may, before recommending any dividend, set aside out of the profits of the association... | |
| Arthur Stiebel - Corporation law - 1920 - 1152 pages
...issued on special terms all dividends shall be paid to the members in proportion to their shares (m). Subject to the rights of persons if any entitled to...shares but if and so long as nothing is paid up on anyone or more of the issued shares in the company dividends may be declared and paid according to... | |
| |