American Law Reports Annotated, Svazek 55Lawyers Co-operative Publishing Company, 1928 |
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Strana 39
... liable for declaring dividends at a time when it is insolvent , in violation of the charter of the corporation , their conduct is to be viewed in the light of the financial status of the company at that period , and not by its ultimate ...
... liable for declaring dividends at a time when it is insolvent , in violation of the charter of the corporation , their conduct is to be viewed in the light of the financial status of the company at that period , and not by its ultimate ...
Strana 73
... liable for violation of the act to the amount of the capital stock so di- vided or paid out ; since the term " cap- ital stock " in such a statute refers to the property capital , and not the nomi- nal share capital , and after a ...
... liable for violation of the act to the amount of the capital stock so di- vided or paid out ; since the term " cap- ital stock " in such a statute refers to the property capital , and not the nomi- nal share capital , and after a ...
Strana 74
... liable to its receiver for dividends paid to , and received by , them out of capital of the bank at a time when it did not have surplus or undivided profits out of which the same could be declared and paid , where they assented to the ...
... liable to its receiver for dividends paid to , and received by , them out of capital of the bank at a time when it did not have surplus or undivided profits out of which the same could be declared and paid , where they assented to the ...
Strana 75
... liable to pay to the liqui- dator of the company sums paid as in- terest or dividends on share warrants out of capital , the company never hav- ing made any profit nor having any other income available for the pur- pose , and the ...
... liable to pay to the liqui- dator of the company sums paid as in- terest or dividends on share warrants out of capital , the company never hav- ing made any profit nor having any other income available for the pur- pose , and the ...
Strana 76
... liable to creditors of the company , on its winding up , for dividends im- properly declared on the basis of esti- mated profits on outstanding mort- gages , without provision for possible losses in that connection , -especially since ...
... liable to creditors of the company , on its winding up , for dividends im- properly declared on the basis of esti- mated profits on outstanding mort- gages , without provision for possible losses in that connection , -especially since ...
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