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" The shareholders of each association formed under the provisions of this act, and of each existing bank or banking association that may accept the provisions of this act, shall be held individually responsible, equally and ratably, and not one for another,... "
Reports of Cases Heard and Determined in the Appellate Division of the ... - Page 618
by New York (State). Supreme Court. Appellate Division - 1921
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The Bankers' Magazine, and Journal of the Money Market, Volume 39

Banks and banking - 1879 - 1110 pages
...the provisions of the national bank act, 10. The shareholders of every national bank are each made individually responsible, equally and ratably, and...for all contracts, debts, and engagements of such association, to the extent of their stock therein, at its par value in addition to the amount invested...
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Public Documents of Massachusetts, Volume 6, Part 1

Massachusetts - Massachusetts - 1894 - 760 pages
...such corporation. SECT. 14. The shareholders of such corporation shall be held individually liable, equally and ratably, and not one for another, for all contracts, debts and engagements of the corporation, to the extent of the amount of their stock therein at the par value thereof, in addition...
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The Merchants' Magazine and Commercial Review, Volume 51

Commerce - 1864 - 496 pages
...and of each existing hank or hanking association that may except the provisions of this act, shall he held individually responsible, equally and ratably,...another, for all contracts debts, and engagements of such association, to the extent of the amount of their stock therein, at the par value thereof, in addition...
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Merchants' Magazine and Commercial Review, Volumes 54-55

Commerce - 1866 - 974 pages
...not one fur another for all contracts, debt* and engagement-! of BUCU association, to the '•V'iiit of the amount of their stock therein at the par value thereof, in addition to the amount inu-ned in snch shares." In the election of directors, "and in deciding all questions...
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The Voter's Text Book, Comprising a Collection of the Most Important ...

James M. Hiatt - United States - 1868 - 426 pages
...this act, and of each existing bank or banking association that may accept the provisions of this act, shall be held individually responsible, equally and...for all contracts, debts, and engagements of such association to the extent of amount of their stock therein at the par value thereof, in addition to...
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Wisconsin Session Laws

Wisconsin - Session laws - 1868 - 1516 pages
...reformed under the provisions of this act shall be held 8 P° n8iWe individually responsible, equably and ratably, and not one for another, for all contracts, debts and engagements of the corporation, to the extent of the amount of their stock therein, at the par value thereof, in addition...
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An Analytical Digest of the Laws of the United States, Volume 2

Frederick Charles Brightly - Law - 1869 - 680 pages
...provisions of this act, {(o'idenif *tock" shall be held individually responsible, equally and rateably, How character authorities of said state shall claim us swamp and overflowe association, to the extent of the amount of their stock therein at the par value thereof, in addition...
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Cases Argued and Adjudged in the Supreme Court of the ..., Volume 8; Volume 75

United States. Supreme Court - Law reports, digests, etc - 1870 - 738 pages
...of banking, now known as our "National Banks," provides, by its 12th section, that the shareholders "Shall be held individually responsible, equally and...for all contracts, debts, and engagements of such association, to the extent of their stock therein, at the par value thereof, in addition to the amount...
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Albany Law Journal, Volume 24

Law - 1881 - 572 pages
...shareholders in National banks incur under section 12 of the act of 18G4, which provide» for a liability " to the extent of the amount of their stock therein, at the par valuó thereof, in addition to the amount invested in euch shares," is that of principals, not of sureties....
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A Treatise on the Law Relating to Banks and Banking: With an Appendix ...

John Torrey Morse (Jr.) - Banking law - 1870 - 600 pages
...accept the provisions of this act, shall be held individually responsible, equally and ratably, aud not one for another, for all contracts, debts, and engagements of such association to the extent of the amount of their stock therein at the par value thereof, in addition...
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