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Gold/Mining/Energy : Medinah Mining Inc. (MDHM) -- Ignore unavailable to you. Want to Upgrade?

To: Handshake™ who wrote (21068)	12/9/1999 8:37:00 AM
From: stan hope	Read Replies (1) \| Respond to of 25548

Vince, What, if any, was the outcome of the specially called board of directors meeting this past weekend? I'm hanging in there for the duration, but I'm very curious. Stan

To: Handshake™ who wrote (21068)	12/9/1999 10:51:00 AM
From: Handshake™	Respond to of 25548

NRS 78.300 Liability of directors for unlawful distributions. 1. The directors of a corporation shall not make distributions to stockholders except as provided by this chapter. 2. In case of any willful or grossly negligent violation of the provisions of this section, the directors under whose administration the violation occurred, except those who caused their dissent to be entered upon the minutes of the meeting of the directors at the time, or who not then being present caused their dissent to be entered on learning of such action, are jointly and severally liable, at any time within 3 years after each violation, to the corporation, and, in the event of its dissolution or insolvency, to its creditors at the time of the violation, or any of them, to the lesser of the full amount of the distribution made or of any loss sustained by the corporation by reason of the distribution to stockholders. [75:177:1925; A 1931, 415; 1949, 158; 1943 NCL õ 1674]?(NRS A 1987, 83; 1991, 1229)