 Company shall lie permitted to make a transfer or receive a dividend until such debt is paid or secured to the satisfaction of the Directors ; and no transfer of stock shall at any time be made until all calls thereon have been paid in.  Statutes of the Province of Ontario - Page 126by Ontario - 1879Full view - About this book
 | United States - Law - 1796 - 776 pages
...power of attorney only ; but no stockholder indebted to the company shall be permitted to make * . transfer, or receive a dividend, until such debt Is paid or secured to the satisfaction of the president and board of directors. tion- SEC. 13. And be it further enacted, That tliis act shall be... | |
 | John Elihu Hall - Law - 1808 - 594 pages
...books of the company in person or by power of attorney. No stockholder indebted to the company can make a transfer or receive a dividend, until such debt is paid or secured to the satisfaction of the president and board. XVI. If the annual election should not take place at the time appointed, the corporation... | |
 | New York (State) - Session laws - 1814 - 318 pages
...rules as the president and directors shall make and establish, and no stockholder indebted to the said company shall be permitted to make a transfer, or receive a dividend, until such debt be paid or secured to be paid, to the satisfaction of the president and directors. VIII. Andbe it further... | |
 | New York (State) - Session laws - 1815 - 838 pages
...according to such rules as the president and directors shall make and establish ; and n* stockholder indebted to the company shall be permitted to make...a transfer, or receive a dividend, until such debt be paid, or secured to be paid, to the satisfaction of the president and directors. VII. And be it... | |
 | New York (State) - Session laws - 1815 - 316 pages
...the president and directors shall make and establish ; and n» stockholder indebted to the compauy shall be permitted to make a transfer, or receive a dividend, until such debt be paid, or secured to he paid, to the satisfaction of the president and directors. VII. And be it... | |
 | New York (State) - Session laws - 1830 - 498 pages
...according to such rules as the trustees shall make and establish ; and no stockholder indebted to said company shall be permitted to make a transfer or receive a dividend, until such debts be paid to the satisfaction of the trustees. By-iaw«. S 7. The trustees for the time being,... | |
 | New York (State) - Session laws - 1832 - 648 pages
...and transferable upon the books of the corporation ; but no stockholder indebted to the corporation shall be permitted to make a transfer or receive a dividend, until such debts be paid, to the satisfaction of the trustees. noratioo of S 6. The corporation hereby created... | |
 | Pennsylvania. Laws, statutes, etc - Law - 1833 - 582 pages
...rules as the board of directors shall establish, and no stockholder indebted to the company, <ahal I be permitted to make a transfer or receive a dividend until such debt is discharged or security given tor the same, to the satisfaction of the board of directors. • Siic-T.... | |
 | New York (State). Legislature - Law - 1834 - 660 pages
...and transferable upon the books of the corporaiion; but no stockholder indebted to the corporation shall be permitted to make a transfer or receive a dividend until such debt be paid to the satisfaction of the trustees. Dnmiion i,f § 6. This act is declared to be a public... | |
 | Illinois - Law - 1835 - 274 pages
...transferable according to such rules as the board of directors shall establish, and no stockholder, indebted to the company. shall be permitted to make...transfer, or receive a dividend, until such debt is discharged, or security given for the same to the satisfaction of the directors. SEC. 3. For the managing... | |
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