 Any corporation may purchase any property authorized by its certificate of incorporation, or necessary for the use and lawful purposes of such corporation, and may issue stock to the amount of the value thereof in payment therefor, and the stock so issued...  Journal - Page 1458by Michigan. Legislature. House of Representatives - 1903Full view - About this book
 | New Jersey. Court of Chancery - 1907 - 930 pages
...of the value thereof in payment therefor, and the stock so issued shall be declared and be taken to be full paid stock and not liable to any further call,...shall the holder thereof be liable for any further payments under any of the provisions of this act : and said stock shall have legibly stamped upou the... | |
 | New Jersey. Court of Chancery - 1902 - 894 pages
...application of a different rule. In the words of the same section 49, "the stock so issued shall be full-paid stock, and not- liable to any further call, neither...holder thereof be liable for any further payment under the provisions of this act : and in the absence of actual fraud in the transaction the judgment of... | |
 | Michigan. Supreme Court, Randolph Manning, George C. Gibbs, Thomas McIntyre Cooley, Elijah W. Meddaugh, William Jennison, Hovey K. Clarke, Hoyt Post, Henry Allen Chaney, William Dudley Fuller, John Adams Brooks, Marquis B. Eaton, Herschel Bouton Lazell, James M. Reasoner, Richard W. Cooper - 1919 - 800 pages
...purpose, by a vote of two-thirds of the capital stock of the corporation." * * * Section 14 reads: "Every such corporation shall have power to purchase,...further call, neither shall the holder thereof be liable to any further payment under any of the provisions of this act, except the liability imposed by section... | |
 | New York (State). Board of Railroad Commissioners - 1907 - 796 pages
...such corporation, and may issue stock to the amount of the value thereof in payment therefor, and the stock so issued shall be full paid stock and not liable...further payment under any of the provisions of this act; and iu the absence of fraud in the transaction the judgment of the directors as to the value of... | |
 | New York (State) - 1869 - 1468 pages
...of said association, to issue stock to the amount of the value thereof in payment therefor, and the stock so issued shall be full paid stock and not liable to any further calls, and to mortgage or sell and convey the said real estate or any part thereof. Exhibitm™ fTM... | |
 | 1903 - 1116 pages
...to the amount of the value thereof in payment therefor, and the stock so Issued shall be full-paid stock and not liable to any further call, neither...further payment under any of the provisions of this act; and in the absence of actual fraud in the transaction, the Judgment of the directors as to the... | |
 | Delaware - 1883 - 706 pages
...amount of the value thereof in payment therefor; and the stock so issued shall be declared and taken to be full paid stock, and not liable to any further...shall the holder thereof be liable for any further payments under any of the provisions of this aft. officer* SECTION 31. If any certificate made, or... | |
 | Delaware - 1883 - 1240 pages
...amount of the value thereof in payment therefor; and the stock so issued shall be declared and taken to be full paid stock, and not liable to any further...shall the holder thereof be liable for any further payments under any of the provisions of this act. officers SECTION 31. If any certificate made, or... | |
 | 1905 - 1166 pages
...to the "amount and value thereof," and when so Issued "shall be declared and taken to be full-paid stock, and not liable to any further call; neither...shall the holder thereof, be liable for any further payments, under any of the provisions of this act, and said stock shall have legibly stamped upon the... | |
 | 1902 - 1196 pages
...amount of the value thereof In payment therefor and the stock so Issued shall be declared and taken to be full paid stock and not liable to any further call, neither shall the holders thereof be liable for any further payments under the provisions of section 470 of the Code:... | |
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