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" ... prescribed by the by-laws of the company ; but no shares shall be transferable until all previous calls thereon shall have been fully paid in, or shall have been declared forfeited for the non-payment of calls thereon. And it shall not be lawful for... "
Laws of the State of New York - Page 167
by New York (State) - 1857
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A Treatise on the Liability of Stockholders in Corporations

Seymour Dwight Thompson - 1879 - 584 pages
...statute provided that " no shares shall be transferable until all previous calls thereon shall have been paid in, or shall have been declared forfeited for the non-payment of the calls thereon." This liability of the shareholder to answer to an extent equal to the par value...
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Revised Code of the Public General Laws of the State of Maryland ..., Volume 1

Maryland - 1879 - 1116 pages
...corporation ; and no shares Transfers. shall be transferable until all previous calls thereon shall have been paid in, or shall have been declared forfeited for the non-payment of the calls thereon. i872,c.203; Si). All the stockholders of any such corporation shall be severLiaiiiiii'y"o'r...
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How to Manage Building Associations: A Director's Guide and Secretary's ...

Edmund Wrigley - 1880 - 252 pages
...shall be deemed personal property, and no shares shall be transferable until all previous calls thereon shall have been fully paid in or shall have been declared...forfeited for the non-payment of calls thereon ; and every corporation may, from time to time, at a legal meeting called for the purpose, assess upon each...
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Statutes at Large of the State of New York: Comprising the ..., Volume 10

New York (State) - 1882 - 1278 pages
...the by-laws of the corporation; but no shares shall be transferable until all previous calls thereon shall have been fully paid in, or shall have been...calls thereon ; and it shall not be lawful for such corporation to use any of its funds in the purchase of any stock in any other corporation, or to hold...
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Statutes at Large of the State of New York: Comprising the ..., Volume 10

New York (State) - 1882 - 1190 pages
...the by-laws of the corporation; but no shares shall be transferable until all previous calls thereon shall have been fully paid in, or shall have been...declared forfeited for the non-payment of calls thereon ; anil it shall not be lawful for such corporation to use any of its funds in the purchase of any stock...
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The Southern Law Review: And Chart of the Southern Law and Collection Union

1883 - 876 pages
...question. In Indiana,1 Maryland,2 and New York,3 it was provided that manufacturing companies shall not use any of their funds in the purchase of any stock in any other corporation ; this provision in New York, however, having been amended,4 so as to allow the purchase of stock in...
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Census Reports Tenth Census. June 1, 1880: United States mining laws ... and ...

United States. Census Office. 10th Census, 1880 - 1885 - 742 pages
...by the by-laws of the company, but no shares shall be transferable until all previous calls thereon pany, but the person pledging the stock shall be considered...and shall be liable as a stockholder accordingly; for the purchase of any stock in any other corporation, nor for the purchase of stock in their own...
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Vetoes by the Governor of Bills Passed by the Gerneral Assembly

Pennsylvania. Governor - 1885 - 242 pages
...shall be deemed personal property, and no shares shall be transferable until all previous calls thereon shall have been fully paid in or shall have been declared forfeited for the non-payment of calls thereon. No note or obligation given by a stockholder, whether secured by pledge or otherwise, shall be considered...
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The Eastern Reporter: Containing All the Decisions of the States ..., Volume 5

1886 - 976 pages
...corporation ; and no shares shall be transferable until all previous calls thereon shall have been paid in, or shall have been declared forfeited for the non-payment of the calls thereon." The proof in this case shows that there were no by-laws regulating the manner of...
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Laws Enacted in the General Assembly of the Commonwealth of Pennsylvania ...

Pennsylvania. Laws, statutes, etc - 1887 - 692 pages
...be deemed personal property ; and no shares shall be transferable until all previous calls thereon shall have been fully paid in, or shall have been...declared forfeited for the non-payment of calls thereon. No note or obligation given by a stockholder, whether secured by pledge or otherwise, shall be considered...
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