Persons holding stock as executors, administrators, guardians, or trustees shall not be personally subject to any liabilities as stockholders, but the estates and funds in their hands shall be liable in like manner and to the same extent as the testator,... Documents Accompanying the Journal of the House - Page 136by Michigan. Legislature - 1889Full view - About this book
| North Carolina. Corporation Commission - Corporations - 1910 - 1020 pages
...funds in their hands shall be liable in like manner and to the same extent as the testator, in testate, ward, or person interested in such trust funds would be if living and competent to act and hold the stock in his own name. US Eev. Stat., s. 5152. 238.TRANSFERBER NOT... | |
| Michigan. Banking Division - Banks and banking - 1911 - 686 pages
...Banking Law, which provides as follows: "The stockholdere of every bank shall be individually liable, equally and ratably, and not one for another, for...the same extent as the testator, intestate, ward or persons interested in Ixiv STATE BANKING DEPARTMENT. such trust funds would be, if living or comptent... | |
| Wisconsin - Bills, Private - 1935 - 1310 pages
...holding stock as collateral security, shall not be personally liable as stockholders, but the assets or funds in their hands constituting the trust shall...intestate, ward or person interested in such trust fund would be, if living, or competent to act, and the person pledging such stock shall be deemed the... | |
| United States - Banking law - 1911 - 184 pages
...liabilities as stockholders; but the estates and funds in their hands shall be liable in like manner and to the same extent as the testator, intestate, ward, or person interested in such trust-funds would be, if living and competent to act and hold the stock in his own name. NATIONAL BANKING... | |
| Michigan. Attorney General's Office, Michigan. Department of Attorney General - 1912 - 496 pages
...amount of his stock at the par value thereof in addition to the stock, but it is expressly provided that persons holding stock as executors, administrators,...interested in such trust funds would be if living and competent to act. This provision, while recognizing that stock in State banks may come into the... | |
| Francis Buchanan Tiffany - Banking law - 1912 - 732 pages
...liabilities as stockholders; but the estates and funds in their hands shall be liable in like manner and to the same extent as the testator, intestate, ward, or person interested in such trust-funds would be, if living and competent to act and hold the stock in his own name. Act June 3,... | |
| Michigan. Banking Division - Banks and banking - 1913 - 716 pages
...to the amount of their stock at the par value thereof, in addition to the said stock ; but j>ersons holding stock as executors, administrators, guardians...the same extent as the testator, intestate, ward or persons interested in such trust funds would be. if living or eomjKitent to act, and the JKTSOII pledging... | |
| Michigan. Banking Division - Banks and banking - 1914 - 744 pages
...stock as executors, ad ministrators, guardians or trustees, and persons holding stock as col lateral security, shall not be personally liable as stockholders,...the same extent as the testator, intestate, ward or persons interested in such trust funds would be, if living or competent to act, and the person pledging... | |
| Curtis Hillyer - Civil procedure - 1914 - 1628 pages
...liabilities as stockholders; but the estates and funds in their hands shall be liable in like manner and to the same extent as the testator, intestate, ward,...interested in such trust funds would be, if living and competent to act and hold the stock in his own name. 50. National Banking Associations to be Depositaries... | |
| United States. Congress. Senate. Committee on Banking and Currency - Agricultural credit - 1914 - 1020 pages
...liabilities as stockholders; but the estates and funds in their hands shall be liable in like manner and to the same extent as the testator, intestate, ward,...interested in such trust funds would be if living and competent to act and hold the stock in his own name. CONVERSION OF EXISTING LAND-MORTGAGE COMPANIES... | |
| |