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" Any corporation formed under this act may purchase mines, manufactories or other property necessary for its business, or the stock of any company or companies owning, mining, manufacturing or producing materials or other property necessary for its business,... "
Maine Corporation Law: The Statutes of Maine Relating to Business ... - Page 30
by Maine - 1909 - 274 pages
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Acts of the General Assembly of the State of New Jersey

New Jersey - 1868 - 1378 pages
...paid in, said company may purchase manufactories, real estate and other property necessary for their business, and issue stock to the amount of the value thereof, in payment therefor, and the stock so issued shall be declared to be and taken to be full stock and not liable to any further...
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Laws of the State of New York, Volume 2

New York (State) - 1867 - 1404 pages
...docks, water rights, lands under water with their improvements, and other property necessary for their business, and issue stock to the amount of the value thereof in payment therefor ; and the stock So issued shall be declared and taken to be full stock and not liable to any further calls...
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Reports of Cases Decided in the Court of Chancery of the State of ..., Volume 62

New Jersey. Court of Chancery - 1902 - 894 pages
...formed under this act may purchase mines, manufactories or other property necessary for its business, or the stock of any company or companies owning, mining,...amount of the value thereof in payment therefor." The meaning of section 48 is not questionable. The money must equal the face value of the stock. The...
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Reports of Cases Decided in the Court of Chancery of the State of ..., Volume 69

New Jersey. Court of Chancery - 1907 - 930 pages
...mines, manufactories or S Robbing. See, Receiver, v. Heppenheimer. other property necessary for their business * * * and issue stock to the amount of the value thereof in payment therefor." There the word "property" must evidently be construed by its context which refers to something visible...
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Documents

1871 - 1374 pages
...trustees of such company may purchase mines, manufactories, and other property necessary for their business, and issue stock to the amount of the value thereof in payment therefor ; and the stock so issued shall be declared and taken to be full stock, and not liable to any further calls...
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Michigan Reports: Cases Decided in the Supreme Court of Michigan, Volume 204

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
...may purchase real or personal property necessary for its business, and issue its authorized capital stock to the amount of the value thereof in payment therefor, and the capital stock so issued shall be full paid stock, and not liable to any further call, neither shall...
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The Mining Magazine: Devoted to Mines, Mining Operations ..., Volume 1

1853 - 690 pages
...The Trustees of such company may purchase mines, manufactories and other property necessary for their business, and issue stock to the amount of the value thereof, in payment therefor ; and the stock so issued shall be declared and taken to be full stock, and not liable to any further calls,...
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Laws of the State of New York

New York (State) - 1853 - 1390 pages
...may purchase mines, ^^ manufactories, and other property necessary for their busi- chaw? mine*, ness, and issue stock to the amount of the value thereof in payment therefor; and the stock so issued shall be declared and taken to be full stock, and not liable to any further calls...
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Annual Report of the Board of Railroad Commissioners of the State ..., Volume 3

New York (State). Board of Railroad Commissioners - 1907 - 796 pages
...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 shall be full paid stock and not liable to any further call, neither shall the...
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Reports of Practice Cases, Determined in the Courts of the State ..., Volume 6

Austin Abbott - 1858 - 610 pages
...provided "that the trustees may purchase mines, manufactories, and other property necessary for their business, and issue stock to the amount of the value thereof in payment therefor, and the stock so issued shall be taken as full stock." It is to be reported not as cash paid into the company,...
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