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" No sum due to any member of a company, in his character of a member, by way of dividends, profits, or otherwise, shall be deemed to be a debt of the company, payable to such member in a case of competition between himself and any other creditor not being... "
Manual of the Law of Joint Stock Companies in Scotland: With an Appendix ... - Page 211
by Allan McNeil - 1901 - 302 pages
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The Statute Law of the Bahamas ...

Bahamas, Sir George Campbell Anderson - Law - 1868 - 380 pages
...member of a Company, in his character of a member, by way of dividends, profits, or otherwise, shall be deemed to be a debt of the Company, payable to such...Administration of Companies and Associations under this Act. PROVISION FOR PROTECTION OF CREDITORS. XXX. Every Company under this Act shall have a Registered Registered...
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International Commercial Law: Being the Principles of Mercantile Law of the ...

Leone Levi - Commercial law - 1863 - 572 pages
...member of a company, in his character of a member, by way of dividends, profits, or otherwise, shall be deemed to be a debt of the company, payable to such...the rights of the contributories amongst themselves (a). PART III. MANAGEMENT AND ADMINISTRATION OF COMPANIES AND ASSOCIATIONS UNDER THIS ACT. SECTION...
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The Law of Joint Stock Companies: Containing the Companies Act, 1862, and ...

Leonard Shelford - Corporation law - 1863 - 680 pages
...member of a company, in his character of a member, by way of dividends, profits or otherwise, shall be deemed to be a debt of the company, payable to such...the rights of the contributories amongst themselves (h). (c) This is a new provision. See 19 & 20 Viet. c. 47, ss.62, 63. (d) See sect. 7, ante, p. 13....
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International Commercial Law: Being the Principles of Mercantile ..., Volume 1

Leone Levi - Commercial law - 1863 - 570 pages
...member of a company, in his character of a member, by way of dividends, profits, or otherwise, shall be deemed to be a debt of the company, payable to such...the rights of the contributories amongst themselves (a). PAET III. MANAGEMENT AND ADMINISTRATION OF COMPANIES AND ASSOCIATIONS UNDER THIS ACT. SECTION...
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Parliamentary Papers, Volume 3

Great Britain. Parliament. House of Commons - Great Britain - 1864 - 710 pages
...Profits or otherwise shall be deemed to be a Debt of the Partnership payable to such Limited Partner in a Case of Competition between himself and any other Creditor not being a Limited Partner of the Partnership ; but any 6 such Sum may be taken into Account for the Purposes...
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A Manual on the Winding Up of Companies by the Court of Chancery: Under the ...

Joseph Smith Taylor - Bankruptcy - 1865 - 518 pages
...subsequent call or calls. By sub-section 7 of sect. 38 it is provided as follows : — otherwise, shall be deemed to be a debt of the Company, payable to such...the rights of the contributories amongst themselves. A form of the order for payment of debts by contributories will be found in Appendix. Under a somewhat...
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Joint Stock Companies: Being a Practical Treatise on Their Formation ...

Richard Spearman E. Farries - Corporation law - 1865 - 206 pages
...sued for the same separately. (S. 48.) member) by way of dividends, profits or otherwise, shall be deemed to be a debt of the company, payable to such...company ; but any such sum may be taken into account, in the final adjustment of the rights of the contributories amongst themselves. 317. By section 182...
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Annals of British Legislation: Being a Classified and Analysed ..., Volume 14

Leone Levi - Legislation - 1865 - 586 pages
...his character of a member, by way of dividends, profits, or otherwise, shall be detmed to be a dtbt of the company, payable to such member in a case of...creditor not being a member of the company ; but any such turn may be taken into account, for the purposes of the final a'ljustraeut of the rights of the contribiftories...
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The Companies Act, 1862, with Analytical References and Copious Index ...

Anthony Pulbrook - 1865 - 238 pages
...dividends, • profits, or otherwise, shall be deemed to be a debt of the company, payable to such memberb in a case of competition between himself and any other creditor not being a memberb of the company ; but any such sum may be taken into account, for the purposes of the final...
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Ordinances of Hongkong 1844-65

Hong Kong. Legislative Council - 1866 - 626 pages
...Member of a Company, in his Character of a Member, by way of Dividends, Profits, or otherwise, shall be deemed to be a Debt of the Company, payable to such...Competition between himself and any other Creditor not being n Member of the Company ; but any such Sum may be taken into account, for the Purposes of the final...
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