surplus.'' as used in this "Surplus.' act, shall be taken and deemed to mean the net value of the "owed, corporation's property, less its outstanding indebtedness and paid-up capital : but in no case, either as to domestic or as to foreign corporations,... Report on Building and Loan Associations - Página 119por Michigan. Dept. of State - 1925Vista completa - Acerca de este libro
| Michigan - 1927 - 156 páginas
...Michigan. The term "surplus," as used in this act, shall be taken and deemed to mean the net value of the corporation's property, less its outstanding indebtedness...computing the privilege fee thereon, by reason of any impainnent of the same. None of the property or capital, of any corporation subject to paying the privilege... | |
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