 | Alabama - Law - 1891 - 1634 pages
...meeting; avd provided further, that neither stock nor bonds shall be issued by any private corporation except for money, labor done, or money or property...received, and all fictitious increase of stock or indebedness shall be void. But no increase shall be made to a sum exceeding ten million dollars. Approved... | |
 | Montana - Law - 1891 - 446 pages
...No corporation shall issue stocks or bonds, except for labor done, services performed, or money and property actually received; and all fictitious increase...of stock or indebtedness shall be void. The stock of corporations shall not be increased except in pursuance of general law, nor without the consent... | |
 | Montana - Law - 1895 - 864 pages
...No corporation shall issue stocks or bonds, except for labor done, services performed, or money and property actually received; and all fictitious increase...of stock or indebtedness shall be void. The stock of corporations shall not be increased except in pursuance of general law, nor without the consent... | |
 | South Dakota - Session laws - 1891 - 392 pages
...as may be necessary and proper for its legitimate business. \ 8. No corporation shall issue stocks or bonds except for money, labor done, or money or property actually received; and all ficticious increase of stock or indebtedness shall be void. The stock and indebtedness of corporations... | |
 | Abraham Clark Freeman - Law reports, digests, etc - 1892 - 1038 pages
...they are members, and to the creditors thereof. By the constitution of 1875, it was provided that " no corporation shall issue stock or bonds except for...increase of stock or indebtedness shall be void," and that " dues from private corporations shall be secured by such means as may be prescribed by law,... | |
 | Charles Andrew Ray - Antitrust law - 1892 - 580 pages
...illegal and void under Ala. Stat. 1875, art. 14, ยง 6, providing that no corporation shall issue stock except for money, labor done, or money or property...increase of stock or indebtedness shall be void.' The same doctrine has been applied to the directors of a private corporation, charged with duties of a... | |
 | Texas. Legislature. Senate - Legislative journals - 1892 - 304 pages
...constitution provides that "no corporation shall issue bonds or stocks except for money paid, labor done, or property actually received, and all fictitious increase of stock or indebtedness shall be void," and while statutes have been passed substantially in the same language, yet no method has been prescribed... | |
 | Texas - Constitutional conventions - 1892 - 90 pages
...the legislature. SEC. 6. No corporation shall issue stock or bonds except for money paid, labor done, or property actually received, and all fictitious increase of stock or indebtedness shall be void. SEC. 7. Nothing in this article shall be construed to divest or affect rights guaranteed by any existing... | |
 | Texas. Legislature. House, Texas. Legislature. House of Representatives - Law - 1892 - 318 pages
..."no corporation shall issue bonds or stocks except for money paid, labor done, or property actuaily received, and all fictitious increase of stock or indebtedness shall be void," and while statutes have been passed substantially in the same language, yet no method lias been prescribed... | |
 | Thomas Carl Spelling - Corporation law - 1892 - 812 pages
...only voidable. It has been so held even under constitutional provisions that stock shall not be issued except for money, labor done, or money or property actually received, and that all fictitious increase of stock shall be void. Such provisions are held to have the effect to... | |
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No corporation shall issue stocks or bonds except for money, labor done, or money or property actually received, and all fictitious increase of stock or indebtedness shall be void. 
