 ... in the absence of actual fraud in the transaction, the judgment of the directors as to the value of the property purchased shall be conclusive...  Atlantic Reporter - Sida 151913Obegränsad förhandsgranskning - Om den här boken
 | George Folger Canfield, Isaac Maurice Wormser - 1925 - 960 sidor
...liable to any further call, neither shall the holder thereof be liable for any further payment under the provisions of this act; and in the absence of...value of the property purchased shall be conclusive." Under these provisions, after the property has been purchased and the stock issued therefor, nothing... | |
 | Delaware - 1925 - 194 sidor
...nor shall the holder thereof be liable for any further payments under the provisions of this Chapter. And in the absence of actual fraud in the transaction,...the judgment of the Directors, as to the value of such labor, property, real estate or leases, shall be conclusive. SEC. 15. Certificates of Shares:... | |
 | 1910 - 1036 sidor
...thereof be liable for any further payment under any of the provisions of this act ; and In the absence of fraud in the transaction the Judgment of the directors...value of the property purchased shall be conclusive, and in all statements and reports of the corporation by law required to be published or filed, this... | |
 | 1925 - 1182 sidor
...the amount of the value thereof in payment therefor and in the absence of fraud in the transaction of judgment of the directors as to the value of the property purchased shall be conclusive;...." NY Stock Corp. Law (1923) §69. "Attenberg v. Grant (CC 6th Cir. 1898) 85 Fed. 345; Montgomery Iron... | |
 | 1906 - 1036 sidor
...full-paid stock in payment for property necessary in its business, and that, in the absence of fraud, the judgment of the directors as to the value of the property shall be conclusive. A manufacturing corporation organized under such statute made a contract with... | |
 | 1927 - 1146 sidor
...nor shall the holder thereof be liable for any further payments under the provisions of this chapter. And in the absence of actual fraud in the transaction,...the judgment of the directors, as to the value of such labor, property, real estate or leases, shall be conclusive." Under this statute, actual fraud... | |
 | Austin B. Griffin, Ralph Ernest Rogers - 1927 - 774 sidor
...stock was wholly unpaid, in view of the Delaware statute (Gen. Corp. Law, $ 14), which provides that "in the absence of actual fraud in the transaction, the judgment of the directors as to the value of such labor, property, real estate or leases, shall be conclusive. ' ' Before a court of bankruptcy... | |
 | 1901 - 530 sidor
...property and Issue stock to the amount of the value of the property, and in the absence of actual fraud, the judgment of the directors as to the value of the property purchased shall be conclusive. A corporation, capitalized for $05,000,000, proposed to issue $45,000,000 additlenal stock for property... | |
 | Michigan. Legislature. Senate - 1927 - 934 sidor
...for any further payment except the liability imposed by section 10 of Chapter 3 of Part II hereof; and in the absence of actual fraud in the transaction the judgment of the directors of the corporation as to the value of the property shall be conclusive. Within ten days after any corporation... | |
 | Michigan. Legislature. House of Representatives - 1927 - 790 sidor
...for any further payment except the liability imposed by section 10 of Chapter 3 of Part II hereof; and in the absence of actual fraud in the transaction the judgment of the directors of the corporation as to the value of the property shall be conclusive. Within ten days after any corporation... | |
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