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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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Nebraska and the Nation

Jay Amos Barrett - Nebraska - 1898 - 296 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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United States Reports: Cases Adjudged in the Supreme Court, Volume 169

United States. Supreme Court, John Chandler Bancroft Davis, Henry Putzel, Henry C. Lind, Frank D. Wagner - Courts - 1898 - 800 pages
...corporation shall issue any stock or bonds Mr. Bryan's Argument for Appellants. 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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Das Recht der Aktiengesellschaften, Volume 1

Karl Lehmann - Corporation law - 1898 - 512 pages
...1641, 1757, 1924 (mines, manufactories or other property necessary for their business) 1660. 1810, 1890 (property actually received and applied to the purposes for which such corporation was ereated) 1742 (Verbot von Note, obligation or security of any kind statt Baarzahlung) 1742 (desgl.),...
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The American and English Railroad Cases: A Collection of All Cases ...

Railroad law - 1900 - 944 pages
...Nebraska declaring that "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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United States Circuit Courts of Appeals Reports: With Key-number Annotations ...

Appellate courts - 1900 - 802 pages
...provision is as follows: "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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A Selection of Cases on Private Corporations: In Two Volumes, Volume 1

Jeremiah Smith - Corporation law - 1902 - 768 pages
...as follows : — " 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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Cases on Restraint of Trade, Issue 3

Bruce Wyman - Restraint of trade - 1903 - 308 pages
...as follows : — " 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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Cases on the General Principles of the Law of Private Corporations, Volume 1

Horace La Fayette Wilgus - Corporation law - 1902 - 1252 pages
...declared as follows: '•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 American and English Railroad Cases: A Collection of All Cases ...

Railroad law - 1902 - 1024 pages
...art. 11, -^ 13, that 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 organized, and that all stock dividends and other fictitious increase of the capital stock of any such...
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The South Western Reporter, Volume 72

Law reports, digests, etc - 1903 - 1256 pages
...St. (the same as section 193 of our Constitution), provides that "no corporation shall issue stock or bonds except for an equivalent in money paid, or labor done," the taking of the note and policy by its general manager could not have operated as a payment on appellee's...
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