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" Every shareholder, until the whole amount of his stock has been paid up, shall be individually liable to the creditors of the company to an amount equal to that not paid up thereon ; but shall not be liable to an action therefor by any creditor before... "
The Revised Statutes of Ontario, 1887: Being a Consolidation of the Revised ... - Page 1461
by Ontario - 1887
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The Law Journal for the Year 1832-1949: Comprising Reports of Cases in the ...

Law reports, digests, etc - 1869 - 972 pages
...up, but shall not be liable to an action therefor before an execution against the company shall have been returned unsatisfied in whole or in part, and the amount due on such execution shall be the amount recoverable, with costs, against such shareholders." 1 The declaration in the action...
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Journals ..., Volume 18

Canada. Parliament. Legislative Council - 1860 - 368 pages
...such Director is sued therefor " within one year from the time he ceased to be a Director, nor yet before an execution " against the Company has been...returned unsatisfied in whole or in part ; and the amount " duo on such execution shall be the amount recoverable, with costs, against the Directors." Page 11,...
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The Provincial Statutes of Canada

Canada - Law - 1851 - 610 pages
...; but shall not be liable to an action therefor before an execution against the Company shall have been returned unsatisfied in whole or in part, and the amount due on such execution shall be the amount recoverable with costs against such Shareholders. Secondly. The original Capital...
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Railway Clauses Consolidation Acts and Acts Relating to the Grand Trunk ...

Canada - Railroad law - 1853 - 156 pages
...; but shall not be liable to an action therefor before an execution against the Company shall have been returned unsatisfied in whole or in part, and the amount due on such execution shall be the amount recoverable with costs against such Shareholders. Secondly. The original Capital...
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Acts Incorporating the Great Western Railway Company: With the Several Acts ...

Great Western Railway Company (Canada) - Railroad law - 1854 - 354 pages
...; but shall not be liable to any action therefor before an execution against the Company shall have been returned unsatisfied in whole or in part, and the amount due on such execution shall be the amount recoverable with costs, against such Shareholders. Secondly. The original Capital...
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Annual Report of the Board of Railroad Commissioners of the State ..., Volume 3

New York (State). Board of Railroad Commissioners - Railroads - 1907 - 796 pages
...corporation until judgment therefor has been recovered against the corporation, and an execution thereon has been returned unsatisfied in whole or in part, and the amount due on such execution shall be the amount recoverable, with costs against the stockholder. No stockholder shall be personally...
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Reports of Cases Decided in the Court of Common Pleas ..., Volume 5

Ontario. Court of Common Pleas - Law reports, digests, etc - 1856 - 594 pages
..." but shall not be liable to an action therefor before an execution against the company shall have been returned unsatisfied in whole or in part, and the amount due on such execution shall be the amount recoverable with costs against such shareholders." By sec. 16, number 10, the directors...
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Statutes of the Province of Canada

Canada - Law - 1859 - 704 pages
...equal to the amount unpaid on the Stock held by him, but shall not be liable to an action therefor before an execution against the Company has been returned...or in part; and the amount, due on such execution, shall be the amount recoverable with costs against the Share holders. 92. The Capital Stock of the...
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Statutes of the Province of Canada

Canada - Law - 1860 - 1118 pages
...Creditors Shareholders of the Company, to an amount equal to that not paid up thereon ; defined and but shall not be liable to an action therefor by any creditor, "mited> before an execution against the Company has been returned unsatisfied in whole or in part ;...
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Journals ..., Volume 19

Canada. Parliament. Legislative Council - 1861 - 374 pages
...exigible, nor yet unless such Director is sued thereon or therefor, ' within one year thereafter, udr yet before an execution against the Company has been ' returned unsatisfied in whole or part; and the amount due on such execution shall be ' the amount recoverable, with costs, against the...
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