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" No corporations 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. "
Session Laws - Страница l
написао/ла South Dakota - 1893
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The Southwestern Reporter, Том 61

1901 - 1214 страница
...constitution is as follows: "No corporation shall issue stock or bonds, except for money paid, labor done or property actually received, and all fictitious...stock or Indebtedness shall be void. The stock and bonded Indebtedness of corporations shall not be Increased, except In pursuance of general law, nor...
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The Pacific Reporter, Том 12

1887 - 974 страница
...to reads as follows: "No corporation shall issue stock or bonds, except for money paid, labor done, or property actually received, and all fictitious...of stock or indebtedness shall be void. The stock or bonded indebtedness of corporations shall not be increased except in pursuance of general law, nor...
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Laws Enacted in the General Assembly of the Commonwealth of Pennsylvania ...

Pennsylvania. Laws, statutes, etc - 1887 - 692 страница
...provisions of section seven of article sixteen, of the Constitution, \vhich provides that no corporation shall issue stocks or bonds, except for money, labor done, or money or property actually received, was intended, among other things, to protect the public against the creation of fictitious capital,...
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The Southwestern Reporter, Том 231

1921 - 1206 страница
...which declares that — "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." Unless the indebtedness referred to In article 1165 was a general term used by the Legislature to include...
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The Southern Reporter, Том 9

1891 - 974 страница
...THOMAS Conns, Chancellor. Const. Ala. art. 14, § 6, provides that "no corporation shall issue stock or bonds except for money, labor done, or money or property actually received, and all flctltious increase of stock or indebtedness shall be void." Hargrove & Vande Gruaff, for appellant....
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The Southwestern Reporter, Том 114

1909 - 1362 страница
...Constitution provides: "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 not declare void stock issued without payment therefor. It is fictitious increase of stock that is...
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The American Commonwealth, Том 2

James Bryce Bryce (Viscount) - 1888 - 746 страница
...privileges. SEC. 11. No corporation shall issue stock or bonds, except for money paid, labour done, or property actually received, and all fictitious...stock or indebtedness shall be void. The stock and bonded indebtedness of corporations shall not be increased except in pursuance of general law, nor...
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A New History of Texas for Schools: Also for General Reading and for ...

Mrs. Percy V. Pennybacker - 1888 - 266 страница
...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...
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School Law of California

California - 1888 - 170 страница
...stock or bonds, except issuance of for money paid, labor done, or property actually received, stock ' and all fictitious increase of stock or indebtedness shall be void. The stock and bonded indebtedness of corporations shall not be increased except in pursuance of general law, nor...
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The American State Reports: Containing the Cases of General Value and ..., Том 8

Abraham Clark Freeman - 1889 - 1012 страница
...430, 431 ; nor is a clause of the constitution self-executing which provides that the capital stock of corporations " shall not be increased except in...pursuance of general law, " nor without the consent of stockholders "holding the larger amount in value of the stock, at a meeting called" upon notice, "as...
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