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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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Annual Report, Volumes 1-2

New York (State). Board of Railroad Commissioners - 1887 - 1578 pages
...no share shall be transferable until all previous calls thereon 313 shall have been fully paid in ; and it shall not be lawful for such company to use any of its funds in the purchase of any stock in its own or in any other corporation. Capital stock ; how...
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The Law of Inns, Hotels and Boarding Houses: A Treatise Upon the Relation of ...

Samuel Henry Wandell - 1888 - 304 pages
...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...shall not be lawful for such company to use any of its funds in the purchase of any stock in any other corporation, or to hold the same, except as collateral...
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Article 1, Rules of interpretation, to article 45, Husband and wife

Maryland - 1888 - 920 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 nonpayment of the calls thereon. Balto. Retort Co. e. Mali, 65 Md. 96. Ibid. sec. 69. 1872, ch. 326. 64. All the...
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The Pennsylvania Corporation Act of 1874: And Supplementary Acts, with Notes ...

Angelo Tillinghast Freedley - 1890 - 250 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.* PAYMENT BY NOTE PROHIBITED. — No note or obligation given by a stockholder, whether secured by pledge...
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An Abridgment of the Revised Statutes of the State of New York: Together ...

New York (State) - 1890 - 912 pages
...by the bylaws of the company ; but no shares shall be transferable until all previous calls thereon RwL : ǐ\ Q 1 5 ȟ >/ q @TǧU zͯT Ě 7Yȇ - βr T l G %r1G_ Հ 13 Hun, 298. non-payment of calls thereon : And it shall not be lawful for such company to use any...
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The Modern Law of Railways: As Determined by the Courts and ..., Volume 1

Charles Fisk Beach (Jr.) - 1890 - 804 pages
...York declares with respect to companies formed thereunder that it shall be unlawful for such companies to use any of their funds in the purchase of any stock in their own, or in. any other corporation;* but a railroad that has leased another may exchange its stock...
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Commentaries on the Law of Private Corporations: Whether with Or ..., Volume 2

Charles Fisk Beach - 1891 - 886 pages
...York declares with respect to companies formed thereunder that it shall be unlawful for such companies to use any of their funds in the purchase of any stock in their own or in any other corporation. NY LAWS of 1850, ch. 140, § 8. But a railroad that has leased...
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The American State Reports: Containing the Cases of General Value ..., Volume 24

Abraham Clark Freeman - 1892 - 1042 pages
...328, and cases above cited. The statute under which the plaintiff was incorporated provides that " it shall not be lawful for such company to use any...the purchase of any stock in any other corporation ": Laws 1848, c. 40, sec. 8. The funds here spoken of evidently mean the money of the company, and...
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Building and Loan Associations

United States. Bureau of Labor - 1894 - 730 pages
...town and county in which tbe principal place of business of the company if to be located. Six. !C>0. A copy of any certificate of incorporation filed in pursuance of this act, and ccrtiiU'd by the county clerk of the county in which it is filed, or bin deputy, nr by the secretary...
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Laws Enacted in the General Assembly of the Commonwealth of Pennsylvania ...

Pennsylvania. Laws, statutes, etc - 1895 - 996 pages
...shall be deemed personal property; and no shares shall be transferable until all previous calls thereon have been fully paid in, or shall have been declared forfeited for the non-payment of calls thereon. JN'o note or obligation given by a stockholder, whether secured by pledge or otherwise, shall be considered...
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