American Law Reports Annotated, Svazek 55Lawyers Co-operative Publishing Company, 1928 |
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Strana 26
... interest owing by corpora- tion ; sinking fund . In determining the net earnings of a corporation out of which dividends . may properly be declared , the amount of loans , advances , or charges falling due , which should have been paid ...
... interest owing by corpora- tion ; sinking fund . In determining the net earnings of a corporation out of which dividends . may properly be declared , the amount of loans , advances , or charges falling due , which should have been paid ...
Strana 27
... interests of stockholders . Hazeltine v . Belfast & M. L. R. Co. ( Me . ) supra . Not only interest on a sum bor- rowed by a railway company on the credit of the state under legislative authority , in order to relieve stock- holders of ...
... interests of stockholders . Hazeltine v . Belfast & M. L. R. Co. ( Me . ) supra . Not only interest on a sum bor- rowed by a railway company on the credit of the state under legislative authority , in order to relieve stock- holders of ...
Strana 28
... interest . ) Annually accruing interest on the bonded debt of a railroad company is a proper charge against the net earn- ings , to be paid before dividends can be declared therefrom . Mobile & O. R. Co. v . Tennessee ( 1894 ) 153 U. S. ...
... interest . ) Annually accruing interest on the bonded debt of a railroad company is a proper charge against the net earn- ings , to be paid before dividends can be declared therefrom . Mobile & O. R. Co. v . Tennessee ( 1894 ) 153 U. S. ...
Strana 33
... interest therein unless insolvency was subsequently ascer- tained to exist . But it was to create a present condition of undoubted sol- vency . And in order that this should be accomplished it was essential that the notes have present ...
... interest therein unless insolvency was subsequently ascer- tained to exist . But it was to create a present condition of undoubted sol- vency . And in order that this should be accomplished it was essential that the notes have present ...
Strana 34
... interest had been paid for more than a year . And if profits " earned and appear- ing to the credit of the corporation " are the basis upon which the statute permits the declaration of a dividend , in the ordinary course of business ...
... interest had been paid for more than a year . And if profits " earned and appear- ing to the credit of the corporation " are the basis upon which the statute permits the declaration of a dividend , in the ordinary course of business ...
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