Search Images Maps Play YouTube News Gmail Drive More »
Sign in
Books Books
" The stockholders of every bank shall be individually liable, equally and ratably, and not one for another, for the benefit of the depositors in said bank to the amount of their stock at the par value thereof, in addition to the said stock... "
Annual Report of the Commissioner of the Banking Department of the State of ... - Page lii
by Michigan. Banking Division - 1910
Full view - About this book

Michigan Reports: Cases Decided in the Supreme Court of Michigan, Volume 161

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 - 1910 - 806 pages
...It is provided (2 Comp. Laws, § 6135) with respect to banks organized under the laws of this State: "The stockholders of every bank shall be individually...par value thereof, in addition to the said stock. * * *" It is also provided (section 6102) that : "The board of directors of a bank may declare a dividend...
Full view - About this book

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
...equity. 3 How. Stat. § 3208eo, being section 46. Act No. 205, Pub. Acts 1887. This section provides: ' ' The stockholders of every bank shall be individually...at the par value thereof, in addition to the said 1899 ] FOSTER v. Row. 7 stock ; but persons holding stock as executors, administrators, guardians,...
Full view - About this book

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
...provisions of section 3208e5, 3 How. Stat., by which stockholders of every bank are liable individually for the benefit of the depositors in said bank to...of their stock at the par value thereof in addition to said stock, were intended to afford security to, and the word "depositors" therein means, the class...
Full view - About this book

The Pacific Reporter, Volume 208

1922 - 1184 pages
...individually liable equally and ratably and not one for another, for the benefit of the depositors of said bank, to the amount of their stock, at the par value thereof, in addition to the par value of such shares.' Laws Or. 1913, p. 8. That no retroactive force was imparted to the...
Full view - About this book

United States Reports: Cases Adjudged in the Supreme Court at ..., Volume 165

United States. Supreme Court, John Chandler Bancroft Davis, Henry Putzel, Henry C. Lind, Frank D. Wagner - 1897 - 786 pages
...dealing with the bank." And, let it be observed, the liability upon shareholders is to the extent of the amount of their stock at the par value thereof, " in addition to the amount invested in such shares." The word " invested " plainly has reference to those who originally...
Full view - About this book

Public and Local Acts of the Legislature of the State of Michigan, Part 2

Michigan - 1887
...stated. Liability of SEC. 46. The stockholders of every bank shall be individually stockholders, liabi^ equally and ratably, and not one for another, for...par value thereof, in addition to the said stock; but persons holding stock as executors, administrators, guardians or trustees, and persons holding...
Full view - About this book

Documents Accompanying the Journal of the House, Part 3, Issue 2

Michigan. Legislature - 1889 - 730 pages
...stated. Liability of SEC. 40. The stockholders of every bank shall be individually stoc bower«. iiabiei equally and ratably, and not one for another, for...the par value thereof, in addition to the said stock ; but persons holding stock as executors, administrators, guardians or trustees, and persons holding...
Full view - About this book

Annual Report of the Commissioner of the Banking Department of ..., Volume 25

Michigan. State Banking Department - 1914 - 748 pages
...individually liable, equally and ratably, and not one for another, for the benefit of the depositories in said bank to the amount of their stock at the par value thereof, in addition to the said stock; but persons holding stock as executors, administrators, guardians or trustees, and persons holding...
Full view - About this book

Documents Accompanying the Journal of the House, Part 1

Michigan. Legislature - 1891 - 1144 pages
...proceedings under this act, the said book shall be presumptive evidence of the facts herein stated. SEC. 46. The stockholders of every bank shall be individually...par value thereof, in addition to the said stock; but persons holding stock as executors, administrators, guardians or trustees, and persons holding...
Full view - About this book

Annual Report of the Commissioner of the Banking Department of the ..., Volume 2

Michigan. Banking Division - 1891 - 178 pages
...proceedings under this act, the said book shall be presumptive evidence of the facts herein stated. SEC. 46. The stockholders of every bank shall be individually...par value thereof, in addition to the said stock; but persons holding stock as executors, administrators, guardians or trustees, and persons holding...
Full view - About this book




  1. My library
  2. Help
  3. Advanced Book Search
  4. Download EPUB
  5. Download PDF