The shareholders of every national banking association shall be held individually responsible, equally and ratably, and not one for another, for all contracts, debts and engagements of such association, to the extent of the amount of their stock therein,... Annual Report of the Commissioner of Banks - Page xxxviiiby Massachusetts. Division of Banks and Loan Agencies - 1902Full view - About this book
| William Saunders - Southern States - 1879 - 434 pages
...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...addition to the amount invested in such shares." The private estates of trustees are not responsible, as in this country, as the National Bank Act distinctly... | |
| Irving Browne - National banks (United States). - 1880 - 638 pages
...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...in addition to the amount invested in such shares ; except that shareholders of any banking association now existing under State laws, having not less... | |
| Law reports, digests, etc - 1884 - 1902 pages
...not one for another, for all coptracts, debts, and engagements of such association, to the extent of the amount of their stock therein, at the par value...in addition to the amount invested in such shares." In support of his demurrer the administrator cites a large number of adjudged cases, chiefly from Massachusetts... | |
| Georgia - Law - 1880 - 476 pages
...j^'.^. not one for another, for all contracts, debts and engagements oferasaid bank, to the extent of the amount of their stock therein, at the par value...thereof, in addition to the amount invested in such stock. Approved October 14, 1879. CHARTER OF GEORGIA BANKING AND TRUST COMPANY AMENDED. No. 91. An... | |
| United States. Circuit Court (2nd Circuit) - Law reports, digests, etc - 1881 - 638 pages
...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...in addition to the amount invested in such shares; * * *" In the Revised Statutes these provisions are separated and reproduced as sections 5,139 and... | |
| United States. Supreme Court - Law reports, digests, etc - 1881 - 836 pages
...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...in addition to the amount invested in such shares." Rev. Stat., sect. 5151. The act of 1863 made no provision for enforcing the personal liability of shareholders,... | |
| John Joseph Lalor - Economics - 1882 - 870 pages
...not one for another, for all contracts, debts and engagements of the association, to the extent of the amount of their stock therein, at the par value...addition to the amount invested in such shares. — The supreme court of the United States has decided "that in the process to be pursued to fix the amount... | |
| Ohio - Law - 1882 - 300 pages
...held individually liable for all contracts, debts and engagements of such company, ;o the extent of the amount of their stock therein at the par value...addition to the amount invested in such shares. The trustees of all companies organized under this act shall, within six months after the incorporation... | |
| Massachusetts - Law - 1882 - 880 pages
...8tocknolder»one for the other, for all contracts, debts and engagements of said corporation, to the extent of the amount of their stock therein, at the par value...in addition to the amount invested in such shares. SECTION 12. This corporation shall be subject to the Duties and duties, restrictions and liabilities... | |
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