No action shall be brought against a stockholder for any debt of the 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... The Provincial Statutes of Canada - Page 1883by Canada - 1851Full view - About this book
| Law reports, digests, etc - 1869 - 972 pages
...creditors of the company to an amount equal to the amount unpaid on the stock held by him for the debts and liabilities thereof, and until the whole amount of...be the amount recoverable, with costs, against such shareholder." The defendant referred to the Code, and the case made by him was, that there was due... | |
| Canada - Railroad law - 1853 - 156 pages
...to an amount equal to the amount Jj*|jj* '(laaUy unpaid on the Stock held by him, for the debts and liabilities thereof, and until the whole amount of...Secondly. The original Capital Stock may be increased from stock may be time to time to any amount, but such increase must be sane- increased. tioned by a vote... | |
| Great Western Railway Company (Canada) - Railroad law - 1854 - 354 pages
...Company to an amount equal to the iiabie- amount unpaid on the Stock held by him, for the debts and liabilities thereof, and until the whole amount of...shall have been paid up ; but shall not be liable to any action therefor before an execution against the Company shall have been returned unsatisfied in... | |
| Ontario. Court of Common Pleas - Law reports, digests, etc - 1856 - 594 pages
...creditors of the company to an amount equal to the amount unpaid on the stock held by him for the debts and liabilities thereof, and until the whole amount of...recoverable with costs against such shareholders." By sec. 16, number 10, the directors may from time to time make such calls of money upon the respective... | |
| 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...shall be the amount recoverable, with costs against the stockholder. No stockholder shall be personally liable for any debt of the corporation not payable... | |
| Canada - Law - 1858 - 788 pages
...his shares in the capital ol the Company not then paid up ; and no action therefor shall be commenced before an execution against the Company shall have...be the amount recoverable with costs against such shareholder. Debentures 3O. When and so soon as the Company shall have advanced m*y be^9ued any sum... | |
| Canada - Law - 1859 - 704 pages
...held by him, but shall not be liable to an action therefor before an execution against the Company has been returned unsatisfied in whole or in part; and...shall be the amount recoverable with costs against the Share holders. 92. The Capital Stock of the Company may be increased to increase of any sum not... | |
| New York (State). Court of Appeals, George Franklin Comstock, Henry Rogers Selden, Francis Kernan, Hiram Edward Sickels - Law reports, digests, etc - 1909 - 764 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...on such execution shall be the amount recoverable, witli costs 168 FIRESTONE TIKE & RUHBER Co. v. AONEW. [Jan., Opinion of the Court, per VANN, J. [Vol.... | |
| Canada - Law - 1860 - 1118 pages
...shall not be liable to an action therefor by any creditor, before an execution against the Company has been returned unsatisfied in whole or in part ; and...recoverable with costs, against such Shareholders. 34. The Shareholders of the Company shall not as such be Liability of held responsible for any act,... | |
| Canada - Session laws - 1861 - 418 pages
...but shall not be liable to an action by any creditor before an execution against the corporation has been returned unsatisfied, in whole or in part, and...be the amount recoverable, with costs, against such proprietors. Pnrther limitatioa. Publio Act. 27. The proprietors in the said corporation shall not... | |
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