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" Such liability may be enforced in a suit at law or in equity by any such bank in process of liquidation, or by any receiver, or other officer succeeding to the legal rights of said bank. "
Annual Report of the Commissioner of the Banking Department of the State of ... - Page lv
by Michigan. Banking Division - 1913
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Michigan Reports: Cases Decided in the Supreme Court of Michigan, Volume 118

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 - 804 pages
...said bank, to the amount of their stock at the par value thereof, in addition to the said stock. * * * Such liability may be enforced in a suit at law or...officer succeeding to the legal rights of said bank. " Section 46, Act No. 205, Pub. Acts 1887. The above section forms part of the act entitled "An act...
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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
...* * * for the benefit of the depositors in said bank," etc., and by the same section provides that such liability may be enforced, in a suit at law or...bank in process of liquidation, or by any receiver, etc. It seems clear to us that it was the legislative intent that the stockholders liable to depositors...
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Laws of the State of New York, Volume 1

New York (State) - 1882 - 806 pages
...would have been, if living and competent to act and hold the stock in his own name, and the person pledging such stock shall be deemed the stockholder and liable under this section. ยง 15. For all losses of money which the capital stock shall not be sufficient to satisfy, the trustees...
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Public and Local Acts of the Legislature of the State of Michigan, Part 2

Michigan - 1887
...ward or person interested in such trust funds would be, if living or competent to act; and the person pledging such stock shall be deemed the stockholder and liable under this How nubility section. Such liability may be enforced in a suit at law or in enforced. equity by any...
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Documents Accompanying the Journal of the House, Part 1

Michigan. Legislature - 1891 - 1144 pages
...ward or person interested in such trust funds would be, if living or competent to act; and the person pledging such stock shall be deemed the stockholder...officer succeeding to the legal rights of said bank. SEC. 47. All transfers of notes, bonds, bills of exchange or other evidences of debt owing to any bank,...
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Annual Report of the Commissioner of the Banking Department of the ..., Volume 2

Michigan. Banking Division - 1891 - 178 pages
...ward or person interested in such trust funds would be, if living or competent to act; and the person pledging such stock shall be deemed the stockholder...officer succeeding to the legal rights of said bank. SEC. 47. All transfers of notes, bonds, bills of exchange or other evidences of debt owing to any bank,...
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Annual Report of the Commissioner of the Banking Department of the State of ...

Michigan. Banking Division - 1892 - 330 pages
...ward or person interested in such trust funds would be, if living or compctent to act; and the person pledging such stock shall be deemed the stockholder...officer succeeding to the legal rights of said bank. SEC. 47. All transfers of notee, bonde, billa of exchange or other evidences of dobt owing to any bank,...
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Annual Report of the Commissioner of the Banking Department of the State of ...

Michigan. Banking Division - 1892 - 312 pages
...trust funds would bs, if living or compcteat to act; and the person pledging such stock shall be dcemed the stockholder and liable under this section. Such...liquidation, or by any receiver, or other officer succceding to the legal rights of said bank. SEC. 47. All transfers of notes, bonds, bills of exchange...
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Annual Report of the Commissioner of the Banking Department of the State of ...

Michigan. Banking Division - 1894 - 344 pages
...ward or pereon interested in such trust funds would be, if living or compctent to act; and the pereon pledging such stock shall be deemed the stockholder...Such liability may be enforced in a suit at law or BOW lummy in equity by any such bank in process of liquidation, or by en'urcedany receiver, or other...
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Documents Accompanying the Journal of the House, Part 2

Michigan. Legislature - 1895 - 1322 pages
...said bank to the amount of their stock at the par value thereof, in addition to the said stock. * * * Such liability may be enforced in a suit at law or...officer succeeding to the legal rights of said bank." 1. It is claimed by appellant that defendant was not a stockholder. It appears by the record that,...
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