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" Each stockholder of a corporation, or joint-stock association, shall be individually and personally liable for such proportion of all its debts and liabilities contracted or incurred, during the time he was a stockholder, as the amount of stock or shares... "
Pacific Coast Law Journal: Containing All the Decisions of the Supreme Court ... - Page 375
1884
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Michigan Reports: Cases Decided in the Supreme Court of Michigan, Volume 97

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 - 1894 - 778 pages
...constitution of California provides: f " Each stockholder of a corporation or joint-stock association shall be individually and personally liable for such proportion of all its debts and liabilities, contracted or incurred during the time he was a stockholder, as the amount of stock or shares owned...
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Statutes of California and Digests of Measures

California - Session laws - 1863 - 908 pages
...read as follows: of Section 32. Each stockholder of any corporation shall be stockholders 80vcra ]iy ) individually, and personally, liable for such proportion...of all its debts and liabilities as the amount of stock owned by him in such corporation bears to the whole of the capital stock of the corporation,...
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The General Laws of the State of California, from 1850 to 1864, Inclusive ...

California, Theodore Henry Hittell - Law - 1865 - 662 pages
...such incorporation dissolved. 777. SEO. 32. Each stockholder of any corporation shall be severally, an one nor more than ten years.(A) . [Amendment, approved...April 21, 1858, 206. SEVENTH DIVISION. Îïrand l stock owned by him in such corporation bears to the whole of the capital stock of Proceeding* for dissolution...
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The General Laws of the State of California, from 1850 to 1864, Inclusive ...

California, Theodore Henry Hittell - 1871 - 528 pages
...participation therein, as may be provided by the by-laws and agreed between the parties. 7695. SKC. 17. Each stockholder of the company shall be individually...and liabilities as the amount of its capital stock owTned by him bears to the whole of sucli capital stock. 7696. SEC. 18. It shall be lawful for any...
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Revised Laws of the State of California: In Four Codes : Political ..., Volume 2

California, California. Commission to Revise the Laws of California - California - 1871 - 894 pages
...Li»i.iiitiM of SEC. 322. Each stockholder or member of any corporftockholdere . ration is severally, individually and personally liable for such proportion...of all its debts and liabilities as the amount of stock or shares owned by him in such corporation bears to the whole of the subscribed capital stock...
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The Civil Code of the State of California, Volume 1

California - Civil law - 1872 - 728 pages
...stockholders. Bonds. 322. Each stockholder or member of any corpora- Liabilities tion is severally, individually, and personally liable for such proportion...of all its debts and liabilities as the amount of stock or .shares owned by him in such corporation bears to the whole of the subscribed capital stock...
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The Constitution of the United States and the Constitutions of California ...

California - Constitutions - 1879 - 216 pages
...means as may be prescribed by law. § 3. Each stockholder of a corporation, or joint-stock association, shall be individually and personally liable for such proportion of all its debts and liabilities contracted or incurred, during the time he was a stockholder, as the amount of stock or shares owned...
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The Constitution of the State of California Adopted in 1879: With References ...

California - Constitutions - 1879 - 442 pages
...2; ОШо, Х1П, 3; SC XII, 4. § 3. Each stockholder of a corporation, or joint-stock association, shall be individually and personally liable for such proportion of all its debts and liabilities contracted or incurred, during the time he was a stockholder, as the amount of stock or shares owned...
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Appletons' Annual Cyclopaedia and Register of Important ..., Volume 4; Volume 19

Encyclopedias and dictionaries - 1880 - 912 pages
...right to regulate the charges thereof." "Each stockholder of a corporation or jointstock association shall be individually and personally liable for such proportion of all its debts and liabilities contracted or incurred during the time he was a stockholder, as the amount of stock or shares owned...
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The Little Lawyer; Or, The Farmers', Mechanics', Miners', Laborers', and ...

Henry A. Gaston - Commercial law - 1880 - 336 pages
...means as may be prescribed by law. SEC. 3. Each stockholder of a corporation or joint-stock association shall be individually and personally liable for such proportion of all its debts and liabilities contracted or incurred during the time he was a stockholder, as the amonnt of stock or shares owned...
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