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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. "
A Handbook of Politics for 1868 [to 1894] - Page 97
by Edward McPherson - 1872
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The American State Reports: Containing the Cases of General Value ..., Volume 35

Abraham Clark Freeman - Law reports, digests, etc - 1894 - 1028 pages
...this state no corporation has the power " to 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" (Cou•titution of Missouri, sec. 8, art. 7; Rev. Stats., 1889, sec. 2499) ; and five per cent at least...
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The Convention Manual, Volume 2, Part 2

New York (State). Constitutional Convention, George A. Glynn - Constitutional conventions - 1894 - 1120 pages
...the Legislature. Sec. G. 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...
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The Convention Manual, Volume 1, Part 2

New York (State). Constitutional Convention, George A. Glynn - Constitutional conventions - 1894 - 1518 pages
...privileges. Sec. 11. No corporation shall issue stock or bo, ids, except for money paid, labor done versies upon relation of any person on behalf of the people, concerning the rights, duti Le void. The stf-.-k and bonded indebtedness of corporations, shall not be increased, except in pursuance...
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Brightly's Purdon's Digest: A Digest of the Statute Law of the ..., Volume 1

Pennsylvania - Bill drafting - 1894 - 1326 pages
...business. 191. Xo corporation shall issue stocks or bonds, except for money, labor done. Art. 16. Sect, 7. or money or property actually received ; and all fictitious increase of stock or sto(.k and !oans indebtedness shall be void. The stock and indebtedness of corporations shall not Of...
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Cases on Constitutional Law: With Notes, Part 1

James Bradley Thayer - Constitutional law - 1894 - 470 pages
...State. SBC. 9. No corporation shall issue stocks or bonds, except for labor done, services performed, or money or property actually received, and all fictitious increase of stock and indebtedness shall be void. The stock of corporations shall not be increased except in pursuance...
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Report on the Building and Loan Associations of the State of California by ...

California Board of Commissioners of the Building and Loan Associations - Savings and loan associations - 1894 - 392 pages
...Diminishing Capital Stock. 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 is void. Every corporation may increase or diminish its capital stock, create or increase its bonded...
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Laws Passed by the ... Legislature of the State of Texas

Texas - Law - 1895 - 282 pages
...contracted for same: Provided, 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: And provided, further, all lands acquired by said corporation, except such as are used for the construction,...
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Constitution of the State of California

California - Constitutional history - 1895 - 532 pages
...privileges. SECTION 11. 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 vold. The stock and bonded indebtedness of corporations shall not be Increased except in pursuance...
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Commentaries on the Law of Private Corporations, Volume 2

Seymour Dwight Thompson - Corporation law - 1895 - 1136 pages
...law."4 ---- "No corporation shall issue stocks or bonds, except for labor done, services performed, or money or property actually received, and all fictitious increase of stock and indebtedness shall be void. The stock of corporations shall not be increased except in pursuance...
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The Government of the People of the State of North Dakota

Horace B. Woodworth - North Dakota - 1896 - 148 pages
...corporation shall engage in any business other than that expressly authorized in its charter. SEC. 138. No corporation shall issue stock or bonds except for...stock or indebtedness shall be void. The stock and indebtedness of corporations shall not be increased except in pursuance of general law, nor without...
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