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" ... aforesaid ; and the directors of the company may confer on any holder of any bond issued for money borrowed as aforesaid, the right to convert the principal due or owing thereon, into stock of said company, at any time not exceeding ten years from... "
Laws of the State of New York - Page 24
by New York (State) - 1867
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Votes and Proceedings

New York (State). Legislature. Senate - 1846 - 886 pages
...the use of said road, the right to convert the principal due thereon into stock of the said company at any time not exceeding five years from the date...is due shall elect to convert the same into stock ; provided however tliat the whole capital of said company shall in no case exceed $6,000,000, nor...
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Laws of the State of New York Passed at the Sessions of the Legislature

New York (State). Legislature - 1848 - 672 pages
...time unpaid thereon, into stock of said company , at any time within five years from the date of such bond, under such regulations as the directors may...to adopt, and for such purpose the said corporation may from time to time increase its capital stock to the amount required, not exceeding the sum so borrowed,...
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The Statutes of the Territory of Kansas

Kansas - 1857 - 394 pages
...owing thereon into stock of said company, at any time not exceeding ten years from the date of the bond, under such regulations as the directors may see fit to adopt. CouDtycommis- SEC. 29. It shall be lawful for the board of county commisrotmlis may sub- sioners of...
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Compilation of the Laws in Reference to Such Railroads as Have Received Aid ...

Missouri - 1859 - 164 pages
...owing thereon, into stock of said company, at any time, not exceeding ten years from the date of the bond, under such regulations as the Directors may see fit to adopt, § 30. It shall be lawful for the County Court of any county, and the City Council of any city, to...
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Annual Report on the Railroads of New York

New York (State). State Engineer and Surveyor - 1867 - 572 pages
...owing thereon, into stock of said company, at any time not exceeding ten years from the date of the bond, under such regulations as the directors may see fit to adopt. § 29. Whenever the railroad of any company formed under this act shall run parallel or nearly parallel...
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The Railroads of the United States: Their History and Statistics Comprising ...

Henry Martyn Flint - 1868 - 470 pages
...owing thereon, into stock of said company, at any time not exceeding ten years from the date of the bond, under, such regulations as the directors may see fit to adopt. SEC. 29. Whenever the railroad of any company formed under this act shall run parallel or nearly parallel...
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Merchants' Magazine and Commercial Review, Volume 58

William B. Dana - 1868 - 494 pages
...owing thereon into stock of said company, at any time not exceeding ten years (rom the date of the bond, under such regulations as the Directors may see fit to adopt." Thus the law, with singular inconsistency, first denies to Directors the power to make a direct increase...
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Laws of the State of Illinois Enacted by the General Assembly, Volume 3

Illinois - 1869 - 966 pages
...said company, at the option of the holders, at any time not exceeding ten years from the date of the bond, under such regulations as the directors may see fit to adopt; and in case of the foreclosure of any such mortgage, the party purchasing the same under the decree or...
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A Chapter of Erie

Charles Francis Adams - 1869 - 168 pages
...owing thereon into stock of said company, at any time, not exceeding ten years from the date of the bond, under such regulations as the directors may see fit to adopt." It was an open question whether this law applied at all to the Erie Railway Company, the amount of...
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Chapters of Erie: And Other Essays

Charles Francis Adams, Henry Adams - 1871 - 448 pages
...owing thereon into stock of said company, at any time, not exceeding ten years from the date of the bond, under such regulations as the directors may see fit to adopt." It was an open question whether this law applied at all to the Erie Railway Company, the amount of...
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