 | Edwin Walter Kemmerer - Federal Reserve banks - 1920 - 234 pages
...***• same shall be held liable in his personal or individual capacity for all damages which said bank, its shareholders, or any other person shall have sustained in consequence of such violation. Such dissolution shall not take away or impair any remedy against such corporation, its stockholders... | |
 | United States. Supreme Court - Law reports, digests, etc - 1921 - 628 pages
...all the rights, privileges, and franchises of the association shall be thereby forfeited. • • • And in cases of such violation, every director who...have sustained in consequence of such violation." [1] Under the rule settled by familiar decisions of this court. In order for the bank to prevail In... | |
 | United States. Supreme Court - Law reports, digests, etc - 1921 - 1214 pages
...of the currency, in his own name, before the association sha'll be declared dissolved. And in case of such violation, every director who participated...have sustained in consequence of such violation." The supreme court of the state held that the circuit court of the United States had authority to entertain... | |
 | United States. Supreme Court - Law reports, digests, etc - 1921 - 636 pages
...the last sentence ordains the rule by which civil liability is to be determined, by providing that "every director who participated in or assented to...have sustained in consequence of such violation." As the section thus comprehends all the express commands to do or not to do, as to directors, contained... | |
 | James Hinton Pou - Corporation law - 1922 - 1032 pages
...act shall be held personally and individually liable for all damages which the bank, its stockholders or any other person shall have sustained in consequence of such violation. 1921, c. 4, s. 53. Banks & Banking § 82. A bank depositor, on rumors of its insolvency, went to withdraw... | |
 | United States - Banking law - 1923 - 132 pages
...the same shall be held liable in his personal or individual capacity for all damages which said bank, its shareholders, or any other person shall have sustained in consequence of such violation. « Such dissolution shall not take away or impair any remedy against such corporation, its stockholders... | |
 | Thomas P. Kane - Banks and banking - 1922 - 614 pages
...and held every director who participated in or assented to such violations liable in his personal or individual capacity for all damages which the association, its shareholders, or any other person may have sustained in consequence thereof. It was then held that the individual liability of the directors... | |
 | Elmer S. Nelson, Charles Emanuel Martin, William Henry George - Social sciences - 1923 - 850 pages
...the same shall be held liable in his personal or individual capacity for all damages which said bank, its shareholders, or any other person shall have sustained in consequence of such violation. 8. Such dissolution shall not take away or impair any remedy against such corporation, its stockholders... | |
 | First National City Bank of New York - Federal Reserve banks - 1923 - 166 pages
...the same shall be held liable in his personal or individual capacity for all damages which said bank, its shareholders, or any other person shall have sustained in consequence of such violation. Such dissolution shall not take away or impair any remedy against such corporation, its stockholders... | |
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And in cases of such violation, every director who participated in or assented to the same shall be held liable in his personal and individual capacity, for all damages which the association, its shareholders, or any other person, shall have sustained... 
