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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 Blue Book

Nebraska - 1922 - 522 pages
...of .SIM- li company or iiHHoclatlon. Sec. 6. **No corporation »hall be permitted to 1яяие Htook or bonds except for an equivalent In money paid or...done, or property actually received and applied to the ригрояе for which яиса corporation wan created, and neither labor nor property shall be...
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Journal, Volume 34

Nebraska. Legislature. Senate - 1915 - 1044 pages
...capital, increase.] 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 stocks, dividends, and other fictitious increase of the capital stock or indebtedness of any such...
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Kentucky Directory for the Use of Courts, State and County Officials and ...

Frank K. Kavanaugh - Legislative manuals - 1916 - 298 pages
...longer period than five years, under penalty of escheat. Sec. 193. No corporation shall issue stock or bonds except for an equivalent in money paid or...labor nor property shall be received in payment of stock or bonds at a greater value than the market price at the time said labor was done or property...
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Kentucky Directory for the Use of Courts, State and County Officials and ...

Kentucky - 1916 - 302 pages
...longer period than five years, under penalty of escheat. Sec. 193. No corporation shall issue stock or bonds except for an equivalent in money paid or...labor nor property shall be received in payment of stock or bonds at a greater value than the market price at the time said labor was done or property...
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Official Manual for the Use of the Courts, State and County Officials and ...

Kentucky State Library - Kentucky - 1916 - 300 pages
...longer period than five years, under penalty of escheat. Sec. 193. No corporation shall issue stock or bonds except for an equivalent in money paid or...for which such corporation was created, and neither 4abor nor property shall be received in payment of stock or bonds at a greater value than the market...
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Trust Laws and Unfair Competition

Joseph Edward Davies, United States. Bureau of Corporations - Antitrust law - 1916 - 914 pages
...constitution provides that "No railroad corporation Rhall 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 capital stock or indebtedness of any such corporation...
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Trust Laws and Unfair Competition

Joseph Edward Davies, United States. Bureau of Corporations - Antitrust law - 1916 - 902 pages
...constitution provides that "No railroad corporation Khali 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 capital stock or indebtedness of any such corporation...
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A Selection of Cases on Commercial Law

James Calvin Reed - Commercial law - 1917 - 652 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 State Constitutions and the Federal Constitution: And Organic Laws of ...

Charles Kettleborough - Constitutional law - 1918 - 1736 pages
...except for an equim lent iu money paid or Inhor done, or property actually received ami ˇipplierl to the purposes for which such corporation was created,...labor nor property shall be received in payment of stock or bond* at a greater value than the market price at the time said labor was done or propert.v...
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War Adjustments in Railroad Regulation

American Academy of Political and Social Science - Charity organization - 1918 - 352 pages
...provisions to the effect that stocks or bonds may not be issued except for an equivalent in money paid, labor done or property actually received and applied to the purposes for which the corporation was created ; that all fictitious increase of stock or indebtedness is void; and that...
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