 The shareholders of each association formed under the provisions of this act, and of each existing bank or banking association that may accept the provisions of this act, shall be held individually responsible, equally and ratably, and not one for another,...  Supreme Court Reporter - Page 438by United States. Supreme Court - 1896Full view - About this book
 | United States. Circuit Court (4th Circuit) - Admiralty - 1877 - 684 pages
...every banking association shall be inOpinion of the court. dividually responsible, equally and ratahly, and not one for another, for all contracts, debts,...in addition to the amount invested in such shares," etc. At the trial of these causes, the only evidence presented by counsel for the plaintiff bearing... | |
 | Ohio - Session laws - 1877 - 650 pages
...each company formed under the provisions of this act shall be held individually responsible, equably and ratably, and not one for another, for all contracts, debts, and engagements of such company, to the extent of the amount of their stock therein, at the par value thereof, in addition... | |
 | United States - Banking law - 1878 - 310 pages
...each existing bunk or banking association that may accept the provisions of individual iia- this act, shall be held individually responsible, equally and...in addition to the amount invested in such shares ; except that shareholders of any banking association now existing under state laws, having not less... | |
 | United States. Congress. House - United States - 1878 - 668 pages
...legislation of Ohio and other States. Section 5151 of the Revised Statutes of the United States provides that the shareholders of every national banking association...of their stock therein, at the par value thereof, iu addition to the amount invested iu such shares. Suits have been brought against the shareholders... | |
 | Law - 1878 - 560 pages
...remedies or securities of the existing creditors of the association shall be impaired. Again, ยง5151. The shareholders of every national banking association...responsible, equally and ratably, and not one for the other, for all contracts, debts and engagements of such association to the extent of the amount... | |
 | Isaac Grant Thompson - National banks (U.S.) - 1878 - 1018 pages
...in his name, as we have seen. By the 12th section of the National Currency Act, the shareholders are "individually responsible, equally and ratably, and...another, for all contracts, debts and engagements, to the extent of their stock therein, at the par value thereof, in addition to the amount invested... | |
 | John Torrey Morse - Banking law - 1879 - 724 pages
...this act, and of each existing bank or banking association that may accept the provisions of this act, shall be held individually responsible, equally and...in addition to the amount invested in such shares ; except that shareholders of any banking association now existing under State laws having not less... | |
 | United States. Congress. House - United States - 1879 - 690 pages
...the provisions of the nationalIjank act. 10. The shareholders of every national bank are each made individually responsible, equally and ratably, and...engagements of such association, to the extent of their stock therein, at its par value, in addition to the amount invested in such shares; thus giving... | |
 | Law reports, digests, etc - 1896 - 2118 pages
...the shareholders of a national bank by section 5151, Eev. St., which provides that the shareholders "shall be held individually responsible, equally and...in addition to the amount invested in such shares, except," etc. Section 5234, Eev. St., provides, in the case of the appointment of a receiver of a national... | |
 | Law reports, digests, etc - 1883 - 1914 pages
...voluntary liquidation before the passage of this act.' Section 5151 of the national banking act declares "shareholders of every national banking association...the extent of the amount of their stock therein, at par value thereof, in addition to the amount invested in such shares." This position on the part of... | |
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