 ... shall be jointly and severally liable for all the debts of the company then existing, and for all that shall be thereafter contracted, while they shall respectively continue in office...  The Federal Reporter - Page 5891897Full view - About this book
 | Georgia - Law - 1850 - 460 pages
...SECTION 7. If the Directors of the said company shall declare and pay a dividend when the corporation is insolvent, or any dividend the payment of which would render it insolvent, knowing such corporation to be insolvent, or the payment of such dividend would render it so, the Directors... | |
 | New York (State) - Law - 1867 - 1404 pages
...dividend the payment of which would render it insolvent, or which would diminish the amount of its capital stock, they shall be jointly and severally liable for all the debts of the company then existing, and for all that shall be thereafter contracted while they shall respectively... | |
 | Law reports, digests, etc - 1856 - 532 pages
...to be insolvent, or any dividend the payment of which would to their knowledge render it insolvent, they shall be jointly and severally liable for all the debts of the company then existing, and for all that shall be thereafter contracted, so long as they shall respectively... | |
 | Commerce - 1848 - 688 pages
...dividend, the payment of which would render it insolvent, or which would diminish the amount of its capital stock, they shall be jointly and severally liable for all the debts of the company then existing, and for all that shall be thereafter contracted, while they shall respectively... | |
 | Commerce - 1848 - 694 pages
...Sec. 13. If the trustees of any such company shall declare and pay any dividend when the company is insolvent, or any dividend, the payment of which would render it insolvent, or which would diminish ihe amount of its capital mock, they shall be jointly and severally liable for... | |
 | James Philemon Holcombe - Debtor and creditor - 1848 - 528 pages
...4th. If the directors of any such corporation declare and pay any dividend when the corporation is insolvent, or any dividend the payment of which would render it insolvent, they will be jointly and severally liable for all the debts of the corporation then existing, and.... | |
 | New York (State). Legislature - Law - 1848 - 672 pages
...of said corporation who shall consent to declare and pay any dividend when the said corporation is insolvent, or any dividend the payment of which would render it insolvent, shall be jointly and severally liable for all the debts of the company then existing, and for all that... | |
 | Meteorology - 1848 - 966 pages
...Sec. 14. If the directors of any such company shall declare and pay any dividend, when the company is insolvent, or any dividend, the payment of which would render it insolvent, they shall be jointly anil severally liable for all the debts of the company then existing, and for... | |
 | Missouri - 1848 - 718 pages
...dividend, the payment of which would render it insolvent, or which would diminish the amount of its capital stock, they shall be jointly and severally liable for all the debis of the company then existing, and for all that shall be thereafter contracted, while they shall... | |
 | Illinois - Law - 1849 - 452 pages
...trustees of any such company shall declare and сазе of inaoi- pay any (iiv¡(jemi when the company is insolvent, or any dividend the payment of which would render it insolvent, or which would diminish the amount of its capital stock, they shall be jointly and severally liable for... | |
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