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" The directors may from time to time pay to the members such interim dividends as appear to the directors to be justified by the profits of the company. "
Auditing Principles: A Textbook - Seite 295
von Robert Hiester Montgomery, Walter Adolph Staub - 1923 - 494 Seiten
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The Weekly Notes, Band 41

Frederick Pollock - 1906 - 618 Seiten
...meeting may declare dividends, but no dividend shall exceed the amount recommended by the directors. 96. The directors may from time to time pay to the...directors to be justified by the profits of the company. 97. No dividend shall be paid otherwise than out of profits. 98. Subject to the rights of persons,...
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The Law of Limited Liability Companies in New Zealand: The Companies Act ...

Charles Bruce Morison - 1904 - 732 Seiten
...be divided shall not exceed the amount recommended by the directors. See Art. 108 of Table A. 136. The directors may from time to time pay to the members...appear to the directors to be justified by the profits sind position of the company. 137. Xo dividend shall be payable except out of the profits arising from...
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Reports of Bankruptcy and Company Cases Decided in the High Court of Justice ...

1905 - 496 Seiten
...members according to their rights and interests in the profits, and (article 87) that the directors might from time to time pay to the members such interim dividends as in their opinion the position of the company justified. In 1899 the defendants Alexander and Wood and...
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The Accountant, Band 35

1906 - 964 Seiten
...meeting may declare dividends, but no dividend shall exceed the amount recommended by the directors. 96. — The directors may from time to time pay to...directors to be justified by the profits of the company. gj. — No dividend shall be paid otherwise than out of profits. 98. — Subject to the rights of persons,...
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Encyclopædia of Accounting, Band 8

George Lisle - 1907 - 524 Seiten
...meeting may declare dividends, but no dividend shall exceed the amount recommended by the directors. 96. The directors may from time to time pay to the...directors to be justified by the profits of the company. 97. No dividend shall be paid otherwise than out of profits. 98. Subject to the rights of persons,...
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Auditing: A Practical Manual for Auditors

Lawrence Robert Dicksee - 1907 - 936 Seiten
...meeting may declare dividends, but no dividend shall exceed the amount recommended by the directors. 96. — The directors may from time to time pay to...directors to be justified by the profits of the company. 97. — No dividend shall be paid otherwise than out of profits. 98.— Subject to the rights of persons,...
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Accounting and Banking

Alfred Nixon, J. H. Stagg - 1907 - 498 Seiten
...meeting may declare dividends, but no dividend shall exceed the amount recommended by the directors. 96. The directors may, from time to time, pay to the...directors to be justified by the profits of the company. 97. No dividend shall be paid otherwise than out of profits. 98. Subject to the rights of persons (if...
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Commercial Law

Alfred Nixon - 1907 - 336 Seiten
...meeting may declare dividends, but no dividend shall exceed the amount recommended by the directors. " The directors may, from time to time, pay to the members...directors to be justified by the profits of the company. "No dividend shall be paid otherwise than out of profits. " Subject to the rights of persons (if any)...
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Auditing: A Practical Manual for Auditors

Lawrence Robert Dicksee - 1909 - 612 Seiten
...69), contains the following provisions with respect to dividends and reserves. DIVIDENDS AND RESEKVE. TABLE A. — Section 95. The company in general meeting...dividend shall be paid otherwise than out of profits. amount paid on a share in advance of calls shall, while carrying interest, be treated for the purposes...
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Statutes of the Province of British Columbia

British Columbia - 1910 - 676 Seiten
...meeting may declare dividends, but no dividend shall exceed the amount recommended by the directors. 96. The directors may from time to time pay to the...directors to be justified by the profits of the company. 97. No dividend shall be paid otherwise than out of profits. 98. Subject to the rights of persons (if...
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