 | Vermont. Supreme Court - Law reports, digests, etc - 1885 - 748 pages
...which the Federal statute has imposed liability on shareholders of national banking associations. They "shall be held individually responsible, equally and...of their stock therein, at the par value thereof." RS s. 5151. Again: " Persons holding stock as executors, administrators, guardians, or trustees, shall... | |
 | Law reports, digests, etc - 1893 - 1176 pages
...the stock held by him. That act provides that "the shareholders of everynational hanking association shall be held individually responsible, equally and...association, to the extent of the amount of their stock herein, at theparvalue thereof, in addition to the amount Invested in such shares." Rev. St. Ü. S.... | |
 | Massachusetts - Law - 1885 - 720 pages
...shall be held individually liable, equally and ratably and not one for another, for all contiacts, debts and engagements of such association, to the...stock therein at the par value thereof, in addition to the amount invested in such shares. The provisions contained in chapter one hundred and six of the... | |
 | United States. Supreme Court - Law reports, digests, etc - 1886 - 1086 pages
...shall, in proportion to his shares, succeed to all the rights and liabilities of the prior holder of the shares, and no change shall be made in the articles...their stock therein, at the par value thereof, in addi- I a«; i / tion to the amount invested in said shares." The answer sets forth that Johnson became... | |
 | Victor Morawetz - Corporation law - 1886 - 642 pages
...Banks. — The Act of Congress of 1864 provides that the shareholders in a national bank shall be " individually responsible, equally and ratably, and...stock therein, at the par value thereof, in addition to the amount invested in such shares." When a national bank is insolvent, the extent to which the... | |
 | Law reports, digests, etc - 1906 - 1154 pages
...The Legislature saw fit In 1004 to change the statute so that now such stockholders are only liable "to the extent of the amount of their stock therein at the par value thereof, in addition to the amount invested in such stock." So that hereafter the liability will not exceed that of stockholders... | |
 | United States. Supreme Court - Law reports, digests, etc - 1886 - 778 pages
...declare that the shareholders of national banking associations shall be individually responsible, equallv and ratably, and not one for another, for all contracts, debts, and engagements, to the extent or amount of their stock therein, at the par value thereof, in addition to the amount... | |
 | A.S. Pratt & Sons - Banking law - 1886 - 252 pages
...Liability of Shareholders. SECTION 5151. — The shareholders of every National banking association shall be held individually responsible, equally and...stock therein, at the par value thereof, in addition to the amount invested in such shares ; except that shareholders of any banking association now existing... | |
 | Virginia - Law - 1899 - 724 pages
...directors, shall be president of the board. 19. The shareholders of every state banking association shall be held individually responsible equally and...stock therein at the par value thereof, in addition to the amount invested in such shares. 20. Persons holding stock as executors, administrators, guardians,... | |
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... 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 at the par value thereof, in addition to the amount... 
