American Law Reports Annotated, Svazek 55Lawyers Co-operative Publishing Company, 1928 |
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Strana 11
... creditors are not concerned , and all the stockholders consent , there would seem to be no legal objection , apart from express statutes , to a corpora- tion's paying dividends out of capital . This does not mean , however , that sub ...
... creditors are not concerned , and all the stockholders consent , there would seem to be no legal objection , apart from express statutes , to a corpora- tion's paying dividends out of capital . This does not mean , however , that sub ...
Strana 12
... creditors or statutory pro- hibition . The cases recognizing the general rule above indicated have not been called on to apply it under the circumstances suggested . As a rule , stockholders have sought the interven- tion of the courts ...
... creditors or statutory pro- hibition . The cases recognizing the general rule above indicated have not been called on to apply it under the circumstances suggested . As a rule , stockholders have sought the interven- tion of the courts ...
Strana 14
... creditors that it shall not be though this doctrine in itself extends beyond the limits of the annotation.10 withdrawn or applied , otherwise than upon their demands , until such de- mands are satisfied ; that the creditors have a lien ...
... creditors that it shall not be though this doctrine in itself extends beyond the limits of the annotation.10 withdrawn or applied , otherwise than upon their demands , until such de- mands are satisfied ; that the creditors have a lien ...
Strana 15
... creditors ; and that it is only when it becomes insolvent that such a trust or lien in favor , first , of creditors , and second , of stockholders , attaches to its property . See in this connection IX . b , infra , as to the right to ...
... creditors ; and that it is only when it becomes insolvent that such a trust or lien in favor , first , of creditors , and second , of stockholders , attaches to its property . See in this connection IX . b , infra , as to the right to ...
Strana 18
... creditors as well as of stockholders . And it was held in Dominguez Land Corp. v . Daugherty ( Cal . ) supra , that the amendment in conferring upon the commissioner of corporations power to permit the making of divi- dends otherwise ...
... creditors as well as of stockholders . And it was held in Dominguez Land Corp. v . Daugherty ( Cal . ) supra , that the amendment in conferring upon the commissioner of corporations power to permit the making of divi- dends otherwise ...
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affirmed alighting alimony alleged amendment amount annotation appeared application assessment assets Asso authority award bank beneficiary building capital stock cause of action claim clause Constitution contract corporation court held court of equity creditors damages death debts declaring dividends decree defendant dends directors divi dividends duty effect entitled fact filling station fraud fund garnishment insolvent Iowa judgment jury land liable ment mortgage N. J. Eq N. R. Co N. Y. Supp Nick Brothers ordinance paid pany parties passenger payment person plaintiff plea plea in abatement poration profits purpose question R. C. L. Supp reason receiver recover rent risk insurance rule Stat statute stockholders supra surplus Teleg thereof tiel tion trial trust United war risk insurance wife