American Law Reports Annotated, Svazek 55Lawyers Co-operative Publishing Company, 1928 |
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Strana 49
... duty . It was held in this case that , where the board of directors of a corporation had acted on the applica- tion ... duty of dis- tributing them as dividends to the stockholders ; they are under the duty to the stockholders to ...
... duty . It was held in this case that , where the board of directors of a corporation had acted on the applica- tion ... duty of dis- tributing them as dividends to the stockholders ; they are under the duty to the stockholders to ...
Strana 57
... duty to the holders of the common stock in regard to the declaration of dividends out of net earnings , instead of withholding them as a guaranty fund to secure to pre- ferred stockholders their future divi- dends , the interests of the ...
... duty to the holders of the common stock in regard to the declaration of dividends out of net earnings , instead of withholding them as a guaranty fund to secure to pre- ferred stockholders their future divi- dends , the interests of the ...
Strana 59
... duty to declare from the net profits a dividend at each quarterly meeting , yet it has been held that they have a discretion as to the amount of the div- idend , and may declare a dividend not on the earnings of the quarter in which it ...
... duty to declare from the net profits a dividend at each quarterly meeting , yet it has been held that they have a discretion as to the amount of the div- idend , and may declare a dividend not on the earnings of the quarter in which it ...
Strana 66
... duty is imposed by law on the corporate body to distribute all dividends which from time to time may be declared ratably on all the capital stock ; and from this duty springs an implied promise upon the part of the corporation to pay a ...
... duty is imposed by law on the corporate body to distribute all dividends which from time to time may be declared ratably on all the capital stock ; and from this duty springs an implied promise upon the part of the corporation to pay a ...
Strana 74
... duty or wilful disregard of their duty , they recommended dividends which should not have been recommended , and declared dividends which should not have been declared ; and that they should be held responsible from the date the ...
... duty or wilful disregard of their duty , they recommended dividends which should not have been recommended , and declared dividends which should not have been declared ; and that they should be held responsible from the date the ...
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