(Download) "Cartwright v. Albuquerque Hotel Co." by Supreme Court of New Mexico * Book PDF Kindle ePub Free
eBook details
- Title: Cartwright v. Albuquerque Hotel Co.
- Author : Supreme Court of New Mexico
- Release Date : January 02, 1932
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 63 KB
Description
Syllabus by the Court 1. Making of corporate dividends except from surplus or net profits is contrary to public policy as declared by 1929 Comp. St. § 32-135. 2. The doctrine of estoppel by contract and receipt and retention of benefits does not apply to an act prohibited by statute as against public policy.