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" ... on such terms as the court shall direct; and may, if necessary to pay the debts of such association, enforce the individual liability of the stockholders. "
Annual Report of the Commissioner of the Banking Department of the State of ... - Page 18
by Michigan. Banking Division - 1892
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Laws

Illinois - 1923 - 714 pages
...of competent jurisdiction, may sell or compound all bad or doubtful debts, and, on a like order, may sell all the real and personal property of such bank,...if necessary to pay the debts of such bank, enforce the individual liability of the stockholders. The Auditor of Public Accounts shall, upon appointing...
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Michigan Reports: Cases Decided in the Supreme Court of Michigan, Volume 120

Michigan. Supreme Court, Randolph Manning, George C. Gibbs, Thomas McIntyre Cooley, Elijah W. Meddaugh, William Jennison, Hovey K. Clarke, Hoyt Post, Henry Allen Chaney, William Dudley Fuller, John Adams Brooks, Marquis B. Eaton, Herschel Bouton Lazell, James M. Reasoner, Richard W. Cooper - 1900 - 808 pages
...receiver for such bank, who, under the direction of such court, shall take possession of the books, * * * and may, if necessary to pay the debts of such bank,...enforce all individual liability of the stockholders." The national banking law contains a similar provision, the only difference being that the liability...
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Reports of Cases in Law and Equity, Determined in the Supreme ..., Volume 26

Iowa. Supreme Court - 1869 - 656 pages
...doubtful debts, and, on a like order, sell all the real and personal property of such association, on such terms as the court shall direct ; and may, if necessary to pay the debts of such association, enforce the individual liability of the stockholders, provided for by the 12th section...
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A General Digest of the Law of Corporations: Presenting the American ...

Benjamin Vaughan Abbott, Austin Abbott - 1869 - 1004 pages
...doubtful debts, and, on a like order, sell all the real and personal property of such association, on such terms as the court shall direct ; and may, if necessary to pay the debts of such association, enforce the individual liability of the stockholders. Such receiver .«hall pay over all...
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An Analytical Digest of the Laws of the United States, Volume 2

Frederick Charles Brightly - 1869 - 680 pages
...or doubtful debts, and on a like order, sell all the real and personal property of such association, on such terms as the court shall direct ; and may, if necessary to pay the debts of such Proceeding! on association, enforce the individual liability of the stockholders provided for by the...
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A Treatise on the Law Relating to Banks and Banking: With an Appendix ...

John Torrey Morse (Jr.) - 1870 - 542 pages
...doubtful debts, and, on a like order, sell all the real and personal property of such association, on such terms as the court shall direct ; and may, if necessary to pay the debts of such association, enforce the individual liability of the stockholders provided for by the twelfth section...
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Practical Information Concerning the Public Debt of the United States: With ...

William Adams Richardson - 1873 - 204 pages
...doubt* ful debts, and, on a like order, sell all the real and personal property of such association, on such terms as the court shall direct; and may, if necessary to pay the debts of such association, enforce the individual liability of the stockholders provided for by the twelfth section...
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Practical Information Concerning the Public Debt of the United States: With ...

William Adams Richardson - 1873 - 192 pages
...doubtful debts, and, on a like order, sell all the real and personal property of such association, on such terms as the court shall direct; and may, if necessary to pay the debts of such association, enforce the individual liability of the stockholders provided for by the twelfth section...
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Gold and Debt: An American Hand-book of Finance, with Over Eighty Tables and ...

William Lyman Fawcett - 1876 - 300 pages
...doubtful debts, and, qn a like order, may sell all the real and .personal property of such association, on such terms as the court shall direct; and may, if necessary to pay the debts of such association, enforce the individual liability of the stockholders. Such receiver shall pay over all...
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Gold and Debt: An American Hand-book of Finance, with Over Eighty Tables and ...

William Lyman Fawcett - 1877 - 288 pages
...doubtful debts, and, on a like order, may sell all the real and personal property of such association, on such terms as the court shall direct; and may, if necessary to pay the debts of such association, enforce the individual liability of the stockholders. Such receiver shall pay over all...
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