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" ... in the absence of fraud in the transaction the judgment of the directors as to the value of the property purchased shall be conclusive... "
The Oklahoma Law Journal - Stranica 136
1907
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United States Circuit Courts of Appeals Reports: With Key-number Annotations ...

1910 - Broj stranica: 820
...further payment under any of the provisions of this act ; and In the absence of fraud in the transaction the Judgment of the directors as to the value of the property purchased shall be conclusive, and In all statements and reports of the corporation by law required to be published...
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Corporation Laws of the State of Oregon Relating to the Organization and ...

Oregon - 1920 - Broj stranica: 136
...paid stock and not liable to any assessment; and 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; and in all statements or leports of the corporation to be published or filed,...
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The Northwestern Reporter, Opseg 183

1921 - Broj stranica: 1116
...absence of such evidence and in the absence of an entry in the minutes of the corporation setting forth the judgment of the directors as to the value of the property taken over, we cannot say that the trial court erred in malung finding No. 4. Upon the record before...
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Corporation Procedure: Law, Finance, Accounting

Thomas Conyngton, Robert Joseph Bennett, Paul Whittier Pinkerton - 1922 - Broj stranica: 1722
...Xew Jersey, where it \vas forme.Hy supposed that "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" ' — and this with but little regard as to how this judgment was reached. Recent...
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Laws of the State of New York, Opseg 2

New York (State) - 1923 - Broj stranica: 1166
...payment under any of the provisions of this chapter; and in the absence of fraud in the transaction the judgment of the directors as to the value of the property purchased shall be conclusive ; and in all statements and reports of the corporation by law required to be published...
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Trade Promotion Series, Izd. 53-60

1927 - Broj stranica: 920
...of the corporation, or in shares of stock of any other corporation owning such necessary property. The judgment of the directors as to the value of the property so purchased shall be conclusive in the absence of actual fraud. Shares issued in payment of property...
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The Federal Reporter, Opseg 139

1906 - Broj stranica: 1036
...issue 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...
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Cases on Private Corporations

George Folger Canfield, Isaac Maurice Wormser - 1925 - Broj stranica: 960
...further payment under the provisions of this act; and 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." Under these provisions, after the property has been purchased and the stock issued...
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Columbia Law Review, Opseg 25

1925 - Broj stranica: 1182
...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...
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The Central Law Journal, Opseg 53

1901 - Broj stranica: 530
...under the act may purchase 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...
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