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" ... and to direct and determine the use and disposition of any surplus or net profits over and above the capital stock paid in; and in its discretion the board of directors may use and apply any such surplus or accumulated profits in purchasing or acquiring... "
Bulletin of the University of Wisconsin: Economics and political science series - Página 310
1904
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Reports of Cases Decided in the Court of Chancery of the State of ..., Volume 63

New Jersey. Court of Chancery - 1903 - 930 páginas
...determine and vary the amount of the working capital and direct the use of surplus or net profits above capital stock paid in, and in its discretion the board...acquiring its bonds or other obligations, or shares of its own capital stock, to such extent and in such manner and upon such terms as the board of directors...
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The Supreme Court Reporter, Volume 22

1902 - 988 páginas
...of dividends; and to direct and to determine the use and disposition of any surplus or net profite condition, and that in the administration of criminal...punishment should be imposed upon one than such as profite in purchasing or acquiring its bonds or other obligations, or shares of the capital stock of...
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Atlantic Reporter, Volume 53

1903 - 1156 páginas
...determine and vary the amount of the working capital, and direct the use of surplus or net profits above capital stock paid In, and, in Its discretion, the...acquiring its bonds or other obligations, or shares of its own capital stock, to such extent and in such manner and upon such terms as the board of directors...
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The Statutory and Case Law Applicable to Private Companies: With Special ...

James Brooks Dill - 1901 - 444 páginas
...the amount of the working capital of the company; and to direct and determine the use and disposition of any surplus or net profits over and above the capital...acquiring its bonds or other obligations, or shares of its own capital stock, to such extent and in such manner and upon such terms as the board of directors...
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United States Reports: Cases Adjudged in the Supreme Court at ..., Volume 184

United States. Supreme Court, John Chandler Bancroft Davis, Henry Putzel, Henry C. Lind, Frank D. Wagner - 1902 - 756 páginas
...the declaration and the payment of dividends ; and to direct and to determine the use and disposition of any surplus or net profits over and above the capital...stock paid in ; and in its discretion the board of directoi's may use and apply any such surplus or accumulated profits in purchasing or acquiring its...
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A Manual of the Business Corporation Law of Massachusetts

Charles Nathan Harris, Grosvenor Calkins - 1903 - 274 páginas
...amount of the working capital of the corporation, and to direct and determine the use and disposition of any surplus or net profits over and above the capital...acquiring its bonds or other obligations or shares of its own capital stock to such extent and in such manner and upon such terms as the board of directors...
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A Manual of Corporate Organization: Containing Information, Directions and ...

Thomas Conyngton - 1904 - 362 páginas
...the amount of the working capital of the company; and to direct and determine the use and disposition of any surplus or net profits over and above the capital...acquiring its bonds or other obligations, or shares of its own capital stock, to such extent and in such manner and upon such terms as the Board of Directors...
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I.C.S. Reference Library: A Series of Textbooks Prepared for the ..., Volume 12

International Correspondence Schools - 1904 - 786 páginas
...amount of the working capital of the company ; and to direct and determine the use and disposition of any surplus or net profits over and above the capital...or accumulated profits in purchasing or acquiring the bonds or other obligations of the company, or shares of its own capital stock, to such extent and...
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The Organization and Management of Business Corporations

Walter Collins Clephane - 1905 - 288 páginas
...the amount of the working capital of the company; and to direct and determine the use and disposition of any surplus or net profits over and above the capital...acquiring its bonds or other obligations, or shares of its own capital stock, to such extent and in such manner and upon such terms as the board of directors...
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A Treatise on the Incorporation and Organization of Corporations: Created ...

Thomas Gold Frost - 1906 - 736 páginas
...the amount of the working capital of the Company; and to direct and determine the use and disposition of any surplus or net profits over and above the capital...acquiring its bonds or other obligations, or shares of its own capital stock, to such extent and in sucb manner and upon such terms as the Board of Directors...
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