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" No railroad corporation shall issue any stock or bonds, except for money, labor or property actually received and applied to the purposes for which such corporation was created; and all stock dividends, and other fictitious increase of the capital stock... "
Extention of Tenure of Government Control of Railroads: Hearings...Wash. 1919 - Page 762
by United States. Congress. Senate. Interstate Commerce Committee - 1919
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The Groundswell: A History of the Origin, Aims, and Progress of the Farmers ...

Jonathan Periam - Agricultural societies - 1874 - 584 pages
...stock, in these words: "No railroad corporation shall issue any stock or bonds except for money, labor, or property actually received and applied to the purposes for which such corporation was created; and all stock, dividends, and other fictitious increase of the capital, stock, or indebtedness of any such...
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Annual Report of the Railroad Commissioners of the State of Wisconsin, Part 1

Wisconsin. Railroad Commissioners' Department - Railroad law - 1874 - 682 pages
...of the state." Sixth, That " no corporation shall issue any stock or bonds, except for money, labor or property actually received, and applied to the purposes for which such corporation was created;" that "all stock dividends and other fictitious increase of the capital stock or indebtedness of any...
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Public Documents of the State of Wisconsin: Being the Reports of ..., Volume 2

Wisconsin - Wisconsin - 1875 - 1044 pages
...of the state." Sixth, That "no corporation shall issue any stock or bonds, except for money, labor or property actually received, and applied to the purposes for which such corporation was created;" that "all stock dividends and other fictitious increase of the capital stock or indebtedness of any...
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Journal

Iowa. General Assembly. Senate - Iowa - 1876 - 564 pages
...this State. SRC. 14. No railroad corporation shall issue any stock or bonds, except for money, labor or property actually received and applied to the purposes for which such corporation was created ; and all stock dividends and other fictitious increase of the capital stock or indebtedness of any such...
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The Federal and State Constitutions: Colonial Charters, and Other Organic ...

Benjamin Perley Poore - Constitutional law - 1877 - 1054 pages
...this State. SEC. 13. No railroad corporation shall issue any stock of bonds, except for money, labor, . EDUCATION. SECTION 1. Knowledge and learning generally diffused throughout a community being essential all stock dividends, and other fictitious increase of the capital stock or indebtedness of any such...
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Laws of Illinois Relating to Railroads and Warehouses, with Appendix ...

Illinois - 1877 - 182 pages
...STOCK AND BONDS.] § 21. No such corporation shall issue any stock or bonds, except for money, labor or property actually received and applied to the purposes for which such corporation was organized. All stock dividends and other fictitious increase of the capital stock or indebtedness of...
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White and Black: The Outcome of a Visit to the United States

Sir George Campbell - Social Science - 1879 - 454 pages
...this state. § 13. No railroad corporation shall issue any stock or bonds, except for money, labour or property actually received, and applied to the...purposes for which such corporation was created; and all stock dividends, and other fictitious increase of the capital stock or indebtedness of any such...
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Laws, Joint Resolutions, and Memorials, Passed at the ... Session of the ...

Nebraska - Session laws - 1879 - 532 pages
...be limited. SEC. 5. No railroad corporation shall issue any stock or bonds, except for money, labor, or property actually received and applied to the purposes for which such corporation was created, and all stock, dividends, and other fictitious increase of the capital stock or indebtedness of any such...
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The Federal Reporter: Cases Argued and Determined in the ..., Volumes 167-168

Law reports, digests, etc - 1909 - 2094 pages
...the Illinois statute: " 'No such corporation shall issue any stock or bonds, except for money, labor, or property actually received and applied to the purposes for which such corporation was organized. All stock dividends, and other fictitious increase of the capital stock or indebtedness...
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Debates and Proceedings of the Constitutional Convention of the ..., Volume 1

California, California. Constitutional Convention - California - 1880 - 648 pages
...corporation shall issue any stock or bonds, except for money, labor, or property actually reserved and applied to the purposes for which such corporation was created, and ail dividends and other fictitious increase of the capital stock or indehtednest of any such corporation...
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