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" To divide, withdraw, or in any manner pay to the stockholders, or any of them, any part of the capital stock of the corporation ; or to reduce such capital stock without the consent of the legislature ; or 3. "
The Law of Private Corporations: Being the Law of Private Corporations Under ... - Page 199
by John Proffatt - 1876 - 239 pages
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Laws of the State of New York

New York (State) - 1825 - 538 pages
...and it shall not be lawful for the directors of any such company to divide, withdraw, or in any way pay to the stockholders, or any of them, any part of the capital stock of such company, or to reduce the said capital stock, without the consent of the legislature ; and it...
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The Revised Statutes of the State of New-York: Passed During the ..., Volume 1

New York (State) - 1829 - 826 pages
...and it shall not be lawful for the directors of any such company to divide, withdraw, or in any way pay to the stockholders, or any of them, any part of the capital stock of such company, or to reduce the said capi(27) 1 RL 218, § 1. (28) Ib. 249, § 2. (29) This Title inserted...
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Reports of Cases Decided in the Court of Chancery of the State of ..., Volume 38

New Jersey. Court of Chancery - 1884 - 736 pages
...or net profits arising from the business of the corporation, nor to divide, withdraw, or in any way pay to the stockholders, or any of them, any part of the capital stock of the corporation, or to reduce the capital stock except according to that act, without the consent of the legislature, and...
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Reports of Cases Argued and Determined in the Superior Court of the City of ...

New York (State). Superior Court (New York), Jonathan Prescott Hall - 1831 - 718 pages
...provided, that it shall not be lawful for the directors of any bank " to divide, with" draw, or in any way pay to the stockholders, or any of them, " any part of the capital stock, or to reduce the same without the '• consent of the Legislature;" and that in case of any violation...
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Journal: 1st-13th Congress . Repr. 14th Congress, 1st Session ..., Volume 1

United States. Congress. House - 1841 - 624 pages
...profits arising from the business of the corporation, and shall not, at any time, or in any manner, pay to the stockholders, or any of them, any part of the capital stock of the said corporation ; nor shall they, at any time, or in any way or manner, reduce the capital stock of...
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Hazard's United States Commercial and Statistical Register, Volume 5

Samuel Hazard - 1841 - 440 pages
...profits arising from the business of the corporation, and shall not at any time, or in any manner, pay to the stockholders, or any of them, any part of the capital stock of the said corporation; nor shall they at any time, or in any way or manner, reduce the capital stock of...
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Acts of the General Assembly of the State of New Jersey

New Jersey - 1842 - 1396 pages
...profits stock, arising from the business of the corporation, nor to divide, withdraw, or in any way pay to the stockholders, or any of them, any part of the capital stock of the said corporation, nor to reduce the said capital stock without the consent of the legislature ; and...
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Reports of Cases Argued and Determined in the Supreme Court of the ..., Volume 6

Nicholas Hill, New York (State). Supreme Court - 1845 - 726 pages
...surplus profits, arising from the business of the corporation : 2. To divide, withdraw, or in any manner pay to the stockholders, or any of them, any part of the capital stock of the corporation ; or to reduce such capital stock, without the consent of the legislature : 3. To discount or receive any...
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Reports of Cases Argued and Determined in the Court of Chancery of ..., Volume 3

New York (State). Court of Chancery, Oliver Lorenzo Barbour - 1849 - 730 pages
...lawful for the directors of any mone\ed corporation to divide, withdraw, or in any manner pay to tlie stockholders, or any of them, any part of the capital stock of the corporation, without the consent of the legislature. (I RS 589, § 1, sub. 2.) The endorsement of the $2000 on this...
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Reports of Cases Decided in the Court of Appeals of the State of ..., Volume 3

New York (State). Court of Appeals, George Franklin Comstock, Henry Rogers Selden, Francis Kernan, Erasmus Peshine Smith, Joel Tiffany, Samuel Hand, Hiram Edward Sickels, Edward Jordan Dimock, Edmund Hamilton Smith, Edwin Augustus Bedell, Louis J. Rezzemini, Alvah S. Newcomb, James Newton Fiero - 1850 - 614 pages
...not be lawful for the directors of any moneyed corporation — to divide, withdraw, or in any manner pay to the stockholders, or any of them, any part of the capital stock of the corporation ; or to reduce such capital stock, without the consent of the legislature ;" or " to apply any portion of...
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