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Corporations Keyed to Hazen
Wood v. National City Park
Citation:24 F.2d 661 (2d Cir.1928)
From July 16, 1917, to April 1, 1919, the defendants were stockholders of the corporation, between which dates they had received certain dividends from its assets. At the time when all these dividends were paid wholly from and out of the capital of said corporation. Claims had been filed against the corporation, amounting to more than $100,000 and receiver’s certificates issued in the sum of $25,000.
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