INDEX [References are to pages, except that numbers A. ABORTIVE PROMOTIONS: Expenses of, by whom borne, 560-9. Liability of promoters, For compensation of co-promoters, 563. For expenses in general, 560. To creditors who agreed to look to moneys paid by sub- Returning moneys to subscribers, 563. Where payment conditioned upon organization of company, For repayment of subscribers' deposits, 567. What expenses deducted, 577. Contribution between promoters, 564. Suits for recovery of deposits, 574-6. Actions for money had and received, 574. Accounting, 574-6. Joinder of other subscribers, 575-6. Effect of voluntary account, 576. Remedies of purchasers of shares, 574. Subscribers not ordinarily liable for expenses, 565, 567-8. When liable, 565, 568-9. Effect of statement of accounts, 566-7, 576, 564n. 12. Liability on subscription notes, 569. Proof of abandonment of promotion, 570. 563. Variance between corporation as organized and as intended, 570-1. [References are to pages, except that numbers ACCOUNTING: (By promoters to corporation, see Remedies of corporation; By pro- ACTION FOR DAMAGES: (See Damages, Action for.) ACTIONS: (See also Remedies of corporation, Remedies of individual stock- Action by corporation because of fraud on promoters, 433, 506, Because of fraud of promoter on co-promoters, 533. Action against promoters transitory, 358. Assignable, 336, 459n. 11. Survives death of promoter, 351. To compel corporation to issue shares, 63. To recover property conveyed to promoter, 68. For breach by third party of contract with promoters, 147, 130n. 14, ADMISSIONS: Of promoter as evidence against corporation, 129. Of promoter as evidence against co-promoters, 538n. 16. AFFIRMANCE: (See Rescission, Defenses.) AGENTS: (See also Brokers, Employees of promoters.) Promoters not agents of corporation, 22, 76–7. Liability of promoter for representations of agent, 367. Liability of agent, 349-50, 349n. 52, 368n. 19. AGREEMENTS FOR PROMOTION OF CORPORATION: (Interpretation of, see Interpretation; Actions for breach of, see [References are to pages, except that numbers AGREEMENTS FOR PROMOTION OF CORPORATION—(Continued): Not necessarily terminated by death of promoter, 31n. 1. Agreement to make definite agreement, 64n. 25. Agreement to assist in forming corporation, 64n. 25. When fraud involved, 32–4. Of oral agreement involving conveyance of real estate, 34. Performance of, 45. Involving contracts of employment, Validity of, 34. Where control of directors impaired, 36–8. Involving election of officers, 38. For division of capital stock, 39–41. Enforcement by corporation, 39-40n. 19. Promoter refusing share of unissued stock, 49n. 43. Fixing promoter's compensation, 47-9, 162. Restricting sale of promoter's shares, 40. Interpretation of such agreements, 55. Limiting number of shares to be held by single stockholder, 40. Interfering with increase of capital stock, 41. Interfering with increase or decrease of directors, 41n. 25. For subscription to shares of proposed company, 85-8. To use shares for benefit of corporation, 47. To issue full paid shares; liability of promoters because of invalid AMENDMENT: Of proceedings brought in name of receiver, 337n. 9. |