American Law Reports Annotated, Svazek 48Lawyers Co-operative Publishing Company, 1927 |
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Strana 73
... Corporations , § 226 - preference of preferred stock . 2. Preferred stock in a corporation does not represent a debt or a pledge of profits in favor of holders thereof , in preference to others . [ See 7 R. C. L. 201 ; 2 R. C. L. Supp ...
... Corporations , § 226 - preference of preferred stock . 2. Preferred stock in a corporation does not represent a debt or a pledge of profits in favor of holders thereof , in preference to others . [ See 7 R. C. L. 201 ; 2 R. C. L. Supp ...
Strana 77
... Corporation Act imposed upon the corporation : the duty of paying the preferred stockholders a fixed yearly dividend to be expressed in the certificate not exceeding 8 per cent per annum . This was held binding upon the cor- poration ...
... Corporation Act imposed upon the corporation : the duty of paying the preferred stockholders a fixed yearly dividend to be expressed in the certificate not exceeding 8 per cent per annum . This was held binding upon the cor- poration ...
Strana 80
... corporation cannot make a valid contract to pay dividends on preferred stock otherwise than from profits . Guaranty Mortg . Co. v . Flint ( 1925 ) .. Utah , 240 Pac . 175 . -- - But a provision for making up the deficiency out of assets ...
... corporation cannot make a valid contract to pay dividends on preferred stock otherwise than from profits . Guaranty Mortg . Co. v . Flint ( 1925 ) .. Utah , 240 Pac . 175 . -- - But a provision for making up the deficiency out of assets ...
Strana 81
... corporation declaring divi- dends on its preferred stock deposits in a special fund the money to pay them , the deposit is a trust fund for the stockholders , and does not pass to the corporation's trustee in bank- ruptcy . Re ...
... corporation declaring divi- dends on its preferred stock deposits in a special fund the money to pay them , the deposit is a trust fund for the stockholders , and does not pass to the corporation's trustee in bank- ruptcy . Re ...
Strana 125
... corporations , § 262 — lia- bility for injury done by contractor . 5. A municipal corporation which sanctions a sluicing operation by a contractor to convey earth to a fill cannot avoid liability for injury to neighboring property , on ...
... corporations , § 262 — lia- bility for injury done by contractor . 5. A municipal corporation which sanctions a sluicing operation by a contractor to convey earth to a fill cannot avoid liability for injury to neighboring property , on ...
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Strana 40 - It is the well-settled general rule of damages for any breach of contract that the damages that can be recovered for a breach are only such as may reasonably be supposed to have been within the contemplation of the parties at the time of the making of the contract, as the probable result of a breach.