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" The directors of a stock corporation shall not make dividends, except from the surplus profits arising from the business of such corporation, nor divide, withdraw or in any way pay to the stockholders or any of them, any part of the capital of such corporation,... "
Auditing: A Practical Manual for Auditors - Página 250
de Lawrence Robert Dicksee - 1909 - 586 páginas
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Laws of the State of New York

New York (State) - 1825 - 538 páginas
...exclusively from such profits ; and it shall not be lawful for the directors of any such company to divide, withdraw, or in any way pay to the stockholders, or any of them, any part nl the capital stock of such company, or to reduce the said capital stock, without the consent of the...
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The Revised Statutes of the State of New-York: Passed During the ..., Volume 1

New York (State) - 1829 - 826 páginas
...business of such corporation ; and it shall not be lawful for the directors of any such company to divide, withdraw, or in any way pay to the stockholders, or any of them, any part of the capital stock of such company, or to reduce the said capi(27) 1 RL 218, § 1. (28) Ib. 249, §...
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Reports of Cases Decided in the Court of Chancery of the State of ..., Volume 72

New Jersey. Court of Chancery - 1909 - 1076 páginas
...4tli. 1U07.] 1. The prohibition of section 30 of the General Corporation act (PL .78.%' p. 286) that "no corporation shall make dividends except from the...its capital stock, except according to this act," is to be read in connection with the provisions of sections 27 and 29 respecting a decrease of capital...
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Reports of Cases Decided in the Court of Chancery of the State of ..., Volume 38

New Jersey. Court of Chancery - 1884 - 736 páginas
...dividends, except from the surplus or net profits arising from the business of the corporation, nor to divide, withdraw, or in any way pay to the stockholders, or any of them, any part of the capital stock of the corporation, or to reduce the capital stock except according to that act,...
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Reports of Cases Argued and Determined in the Superior Court of the City of ...

New York (State). Superior Court (New York), Jonathan Prescott Hall - 1831 - 718 páginas
...it is provided, that it shall not be lawful for the directors of any bank " to divide, with" draw, or in any way pay to the stockholders, or any of them, " any part of the capital stock, or to reduce the same without the '• consent of the Legislature;" and that in...
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Acts of the General Assembly of the State of New Jersey

New Jersey - 1842 - 1396 páginas
...dividends, except from the surplus profits stock, arising from the business of the corporation, nor to divide, withdraw, or in any way pay to the stockholders, or any of them, any part of the capital stock of the said corporation, nor to reduce the said capital stock without the consent...
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Compiled Laws of the State of California: Containing All the Acts of the ...

California, Selucius Garfielde, Frederick A. Snyder - 1853 - 1108 páginas
...business of such corporation ; and it shall not be lawful for the Directors of any such company to divide, withdraw, or in any way pay to the stockholders or any of them, any part of the capital stock of such company, or to reduce the said capital stock, without the consent of the...
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A Treatise on the Practice of the Courts of the State of California ...

Jesse B. Hart - 1853 - 334 páginas
...any dividend except from the surplus profits arising from the business of the corporation ; nor to divide, withdraw, or in any way pay to the stockholders, or any of them, any part of the capital stock of the company ; nor to reduce the capital stock, unless in the manner prescribed...
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Mining Magazine: Devoted to Mines, Mining Operations, Metallurgy & C

1853 - 688 páginas
...any dividend, except from the surplus profits arising from the business of the corporation ; nor to divide, withdraw, or in any way pay to the stockholders, or any of them, any part of the capital stock of the company, nor to reduce the capital stock unless in the manner prescribed in...
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Annual Report of the Board of Railroad Commissioners of the State ..., Volume 3

New York (State). Board of Railroad Commissioners - 1907 - 796 páginas
...not make dividends, except from the surplus profits arising from the business of such corporation, nor divide, withdraw or in any way pay to the stockholders or any of them, any part of the capital of such corporation, or reduce its capital stock, except as authorized by law. In case...
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