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" If the trustees of any such company shall declare and pay any dividend when the company is insolvent, or any dividend the payment of which would render it insolvent, or which would diminish the amount of its capital stock... "
Acts of the Legislature of the State of Michigan - Seite 352
von Michigan - 1855
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Reports of Cases in Law and Equity in the Supreme Court of the ..., Band 67

Oliver Lorenzo Barbour - 1889 - 728 Seiten
...any such company shall declare and pay any dividend when the company is insolvent, or any dividend the payment of which would render it insolvent, or...would diminish the amount of its capital stock, they shall be jointly and severally liable for all the debts of the company then existing, and for all that...
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An Abridgment of the Revised Statutes of the State of New York: Together ...

New York (State) - 1890 - 868 Seiten
...such corporation shall declare and pay any dividend when the corporation is insolvent, or any dividend itu the directors voting in favor of declaring such dividend shall be jointly and severally liable for...
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The New York Supplement, Band 17

1892 - 1078 Seiten
...declaring such dividend shall be jointly and severally liable for all the debts of the corporation "then existing, and for all that shall be thereafter...contracted while they shall respectively continue in ollice." Substitute for the latter phraseology that used in the section under consideration, namely,...
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New Cases: Selected Chiefly from Decisions of the Courts of the ..., Band 27

Austin Abbott - 1892 - 614 Seiten
...declaring such\ dividend shall be jointly and severally liable for all the debts of the corporation " then existing and for all that shall be thereafter contracted while they shall respectively continue in office." Substitute for the latter phraseology that used in the section under consideration —...
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Documents Relating to the Atchison, Topeka and Santa Fe Railroad Company ...

Atchison, Topeka, and Santa Fe Railroad Company - 1893 - 1072 Seiten
...corporation shall declare and pay any dividend when such corporation is insolvent, or any dividend the payment of which would render it insolvent, or...which would diminish the amount of its capital stock, all directors, trustees, agents or officers assenting thereto, shall be jointly and severally liable...
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Reports ... Proceedings of the Annual Meeting of the Association ...., Band 18

Ohio State Bar Association. Meeting - 1897 - 280 Seiten
...shall declare and pay any dividend when such corporation shall be insolvent, or when such dividend would render it insolvent, or which would diminish the amount of its capital stock, all such directors, officers or agents doing or assenting to such act shall be jointly and severally...
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The Corporation Laws of the State of Missouri: Revised Statutes of 1899, and ...

Missouri - 1900 - 328 Seiten
...corporation shall knowingly declare and pay any dividend when the corporation is insolvent, or any dividend the payment of which would render it insolvent, or...would diminish the amount of its capital stock, they shall be jointly and severally liable for all the debts of the corporation then existing, and for all...
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Supplement to the Revised Statutes of the United States ..., Band 2,Teil 2

United States - 1901 - 934 Seiten
...the amount of its capital stock, they shall be jointly and severally liable for. all the debts of the company then existing and for all that shall be thereafter contracted while they shall A i • • /c J respectively remain in office. SEC. 623. If any of the trustees shall object to declaring...
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The Code of Law for the District of Columbia: Enacted March 3, 1901; Amended ...

District of Columbia - 1902 - 400 Seiten
...the amount of ifa capital stock, they shall be jointly and severally liable for all the debts of the company then existing and for all that shall be thereafter contracted while they shall respectively remain in office. Sec. 623. If any of the trustees shall object to declaring such dividend or the pavment...
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Laws of Missouri Relating to Private Corporations: Other Than Railroad and ...

Millard Filmore Watts, Missouri - 1903 - 576 Seiten
...corporation shall knowingly declare and pay any dividend when the corporation is insolvent, or any dividend the payment of which would render it insolvent, or...would diminish the amount of its capital stock, they shall be jointly and severally liable for all the debts of the corporation then existing, and for all...
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