Report, Volume 18

Front Cover
U.S. Government Printing Office, 1901 - United States
 

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Page 225 - If the directors of any such company shall declare and pay any dividend, when the company is insolvent, or any dividend the payment of which would render it insolvent, they shall be jointly and severally liable for all the debts of the company then existing...
Page 211 - ... believe, at the time such part of the registration statement became effective...
Page 217 - ... properly drawn up so as to exhibit a true and correct view of the state of the company's affairs according to the best of their information and the explanations given to them, and as shown by the books of the company.
Page 210 - In the event of a company formed under this Act being wound up, every present and past member of such company shall be liable to contribute to the assets of the company...
Page 211 - ... was issued without his knowledge or consent, and that on becoming aware of its issue, he forthwith gave reasonable public notice that it was issued without...
Page 209 - ... acquired, which is to be paid for wholly or partly out of the proceeds of the issue offered for subscription by the prospectus, or the purchase or acquisition of which has not been completed at the date of publication of the prospectus, and the amount payable in cash, shares, or debentures to the vendor, and where there is more than one separate vendor, or the company is a subpurchaser, the amount so payable to each vendor...
Page 230 - Each shareholder, until the whole amount of his stock has been paid up, shall be individually liable to the creditors of the company, to an amount equal to that not paid up thereon...
Page 217 - Of the sums of money received and expended by the company, and the matter in respect of which such receipt and expenditure takes place ; and Of the credits and liabilities of the company.
Page 235 - ... have been issued, or agreed to be issued, as fully or partly paid up otherwise than in cash, and in the latter case the extent to which they are so paid up, and in either case the consideration for which those shares or debentures have been issued or are proposed or intended to be issued...
Page 47 - To remunerate any person or company for services rendered, or to be rendered, in placing or assisting to place or guaranteeing the placing of any of the shares in...

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