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" ... for -all debts which shall be due and owing by the company at the time of its dissolution, the persons then composing such company shall be individually responsible to the extent of their respective shares of stock in the said company, and no further... "
The National Bankruptcy Register Reports: Containing All the Important ... - Page 268
edited by - 1874
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Laws of Ohio,: Ordered by the Legislature to be Re-printed. : 1816

Ohio - Law - 1816 - 428 pages
...such manner as shall be prescribed by the laws of the company ; and that for -all debts which shall be due and owing by the company at the time of its dissolution, the persons then composing such company shall be individually responsible to the extent of their respective shares...
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Laws of the State of New York Passed at the Sessions of the Legislature

New York (State). Legislature - Law - 1833 - 580 pages
...the eighteenth chapter of the first part of the Revised Statutes. § 9. For all debts which shall be due and owing by the company, at the time of its dissolution, the persons then composing such company shall be idividually responsible, to the extent of their respective shares...
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Laws of the State of New York Passed at the Sessions of the Legislature

New York (State). Legislature - Law - 1834 - 660 pages
...time alter, modify or repeal this act. 5 13. For all debts which shall be due or owing by the LMM said company at the time of its dissolution, the persons...composing such company shall be individually responsible to the extent of their respective shares of stock in said company, and no further. CHAP. 228. AN ACT...
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Laws of the State of New York

New York (State) - Session laws - 1834 - 656 pages
...modify or repeal this act. 5 13. For all debts which shall be due or owing by the i^hility Ğm said company at the time of its dissolution, the persons...composing such company shall be individually responsible to the extent of their respective shares of stock in said company, and no further. CHAP. 228. AN ACT...
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The Statutes of Ohio and of the Northwestern Territory, Adopted Or ..., Volume 2

Ohio - Law - 1834 - 780 pages
...such manner as shall be prescribed by the laws of the company; and that for all debts which shall be due and owing by the company at the time of its dissolution, the persons then composing1 such company shall be individually responsible to the extent of their respective shares...
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The New York Annual Register

Edwin Williams - New York (N.Y.) - 1836 - 554 pages
...such manner as shall be preticribed by the laws of the company ; and that for all debts which shall be due and owing by the company at the time of its dissolution, the persons then composing such company shall be individually responsible to the extent of their respective shares...
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A Treatise on the Law of Private Corporations Aggregate

Joseph Kinnicut Angell, Samuel Ames - Business enterprises - 1846 - 872 pages
...v. Jenkins, 4 Paige (NY) Ch. R. 481; See however Bellona Company's Case, 3 Bland (Md.) Ch. R. 446. for all debts due and owing by the company, at the time of its dissolution, the persons then composing such company shall be individually responsible to the extent of their respective shares...
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Commentaries on American Law, Volume 2

James Kent - Law - 1848 - 1046 pages
...incompetent to act by the loss of all its funds, and under the provision that " for all debts which shall be due and owing by the company at the time of its dissolution, the persons then composing the company should be individually responsible to the extent of their respective shares...
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Reports of Cases Argued and Determined in the Supreme Court of ..., Volume 24

New York (State). Supreme Court, John Lansing Wendell - Law reports, digests, etc - 1850 - 542 pages
...action at law will lie to charge the stockholder personally under the act. The seventh section provides, that for all debts due and owing by the company at the time of its dissolution, the persons then composing it shall be individually responsible to the extent of their respective shares of stock....
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Michigan Reports: Cases Decided in the Supreme Court of Michigan, Volume 65

Michigan. Supreme Court, Randolph Manning, George C. Gibbs, Thomas McIntyre Cooley, Elijah W. Meddaugh, William Jennison, Hovey K. Clarke, Hoyt Post, Henry Allen Chaney, William Dudley Fuller, John Adams Brooks, Marquis B. Eaton, Herschel Bouton Lazell, James M. Reasoner, Richard W. Cooper - Law reports, digests, etc - 1889 - 824 pages
...creditor against stockholders to enforce a personal liability under the statute, making them liable for all debts due and owing by the company at the time of its dissolution, it was held by the court for the correction of errors that the corporation was dissolved, within the...
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