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" Persons holding stock as executors, administrators, guardians, or trustees shall not be personally subject to any liabilities as stockholders, but the estates and funds in their hands shall be liable in like manner and to the same extent as the testator,... "
Joint Documents ... for the Year ... - Page 134
by Michigan. Legislature - 1889
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The General Statutes of the Commonwealth of Massachusetts, Volume 1

Massachusetts - Law - 1860 - 1126 pages
...liabilities as stockholders ; but the estates and funds in their hands shall be liable in like manner and epts the trust the trust fund, would be if they were respectively living and competent to act and held the stock in...
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Journal: 1st-13th Congress . Repr. 14th Congress, 1st Session ..., Volume 1

United States. Congress. House - United States - 1863
...liabilities as stockholders, but the estates and funds in their hands shall be liable in like manner and to the same extent as the testator, intestate, ward, or person interested in said trust funds would be if they were respectively living and competent to act and hold the stock...
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The Merchants' Magazine and Commercial Review, Volume 51

Commerce - 1864
...liabilities as stockholders ; but the estates and funds in their hands, shall he liable in like manner, and to the same extent, as the testator, intestate, ward, or person interested in said trust funds would he if they were respectively living and competent to act and hold the stock...
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Acts and Resolutions Adopted by the Legislature of Florida

Florida - Session laws - 1868
...liabilities as stockholders, but the estates and funds in their hands shall be liable in like manner, and to the same extent, as the testator, intestate, ward, or person interested in the trust fund •would be if they were respectively living, and competent to act and hold the stock...
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A Treatise on the Law Relating to Banks and Banking: With an Appendix ...

John Torrey Morse (Jr.) - Banking law - 1870 - 542 pages
...liabilities as stockholders ; but the estates and funds in their hands shall be liable in like manner and to the same extent as the testator, intestate, ward, or person interested in said trust-funds would be if they were respectively living and competent to act and hold the stock...
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Practical Information

William A. Richardson - 1873
...liabilities as stockholders; but the estates and funds in their hands shall be liable in like manner and to the same extent as the testator, intestate, ward, or person interested in said trust funds would be if they were respectively living and competent to act and hold the stock...
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Practical Information Concerning the Public Debt of the United States: With ...

William Adams Richardson - Banking law - 1873 - 208 pages
...liabilities as stockholders ; but the estates and funds in their hands shall be liable in like manner and to the same extent as the testator, intestate, ward, or person interested in said trust funds would be if they were respectively living and competent to act and hold the stock...
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Gold and Debt: An American Hand-book of Finance, with Over Eighty Tables and ...

William Lyman Fawcett - Finance - 1876 - 270 pages
...liabilities as stockholders; but the estates and funds in their hands shall be liable in like manner and to the same extent as the testator, intestate, ward, or person interested in such trust-funds would be, if living and competent to act- and hold the stock in his own name. (SEC. 5153.)...
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Gold and Debt: An American Hand-book of Finance, with Over Eighty Tables and ...

William Lyman Fawcett - Finance - 1877 - 270 pages
...liabilities as stockholders; but the estates and funds in their hands shall be liable in like manner and to the same extent as the testator, intestate, ward, or person interested in such trust-funds would be, if living and competent to act and hold the stock in his own name. (SEC. 5153.)...
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Gold and Debt; and American Hand-Book of Finance

W.L. Fawcett - 1877
...liabilities as stockholders; but the estates and funds in their hands shall be liable in like manner and to the same extent as the testator, intestate, ward, or person interested in such trust-funds would be, if living and competent to act and hold the stock in his own name. (SEC. 5153.)...
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