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" And in cases of such violation, every director who participated in or assented to the same shall be held liable in his personal and individual capacity, for all damages which the association, its shareholders, or any other person, shall have sustained... "
Practical Information Concerning the Public Debt of the United States: With ... - Page 137
by William Adams Richardson - 1873 - 208 pages
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The Merchants' Magazine and Commercial Review, Volume 48

William B. Dana - 1863 - 508 pages
...be determined and adjudged by a proper circuit, district, or territorial court of the United States, before the association shall be declared dissolved....shall have sustained in consequence of such violation. SEC. 51. And be it further enacted, That the Controller of the Currency, with the approbation of the...
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Acts Passed at the First Session of the 1st Congress - 3d Session of the ...

United States - 1863 - 324 pages
...be determined and adjudged by a proper circuit, district, or territorial court of the United States, before the association shall be declared dissolved...shall have sustained in consequence of such violation. Comptroller ^o SEC. 51. And be it furtJicr enacted, That the Comptroller of ofpnchasSton' the Currency,...
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Journal: 1st-13th Congress . Repr. 14th Congress, 1st Session ..., Volume 1

United States. Congress. House - 1863 - 1178 pages
...be determined and adjudged by a proper circuit, district, or territorial court of the United States, before the association shall be declared dissolved....shall have sustained in consequence of such violation. "SEC. 54. And be it further enacted, That the Comptroller of the Currency, with the approbation of...
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The Merchants' Magazine and Commercial Review, Volume 48

1863 - 512 pages
...liable in his personal and individual capacity for all damages which the association, its shareholder;?, or any other person, shall have sustained in consequence of such violation. SEP. 51. And be it further enacted, That the Controller of the Currency, with the approbation of the...
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American Slavery and Finances, Volumes 1-9

Robert John Walker - 1864 - 414 pages
...be determined and adjudged by a proper circuit, district, or territorial court of the United States, before the association shall be declared dissolved....shall have sustained in consequence of such violation. Visitor, how SEC. 51. And be it further enacted, That the Comptroller and when ap- of the Currency,...
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The Merchants' Magazine and Commercial Review, Volume 51

1864 - 496 pages
...to the same, shall he held liable in bit personal and individual capacity for all damages which Ihe association, its shareholders, or any other person,...shall have sustained in consequence of such violation. Sec. 64. And he ù further enacted, That the Comptroller of the Currency, with the approhation of the...
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Cases Argued and Adjudged in the Supreme Court of the United States, Volume 244

United States. Supreme Court - 1917 - 780 pages
...permit the violation of any of the provisions of the National Bank Act and further provides that in case of such violation "every director who participated...have sustained in consequence of such violation." This section was considered in Fates v. Jones National Bank, 206 US 158, 179, and it was held that...
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An Analytical Digest of the Laws of the United States, Volume 2

Frederick Charles Brightly - 1869 - 680 pages
...act, all the rights, privileges and franchises of the association derived from this iiow determined, act shall be thereby forfeited. Such violation shall,...shall have sustained in consequence of such violation. 56. The comptroller of the currency, with the approbation of the secretary of the treasury, as often...
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Albany Law Journal, Volume 28

1884 - 550 pages
...participated in or assented to the same shall be held liable, in his personal and individual capacity, for damages which the association, its shareholders, or...have sustained In consequence of ' such violation." It is insisted that the clause of the above-recited provision which relates to the violation-: of this...
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Appletons' Annual Cyclopaedia and Register of Important Events: Embracing ...

1872 - 886 pages
...territorial court of the United St«t es, before the association shall be declared dissolved ; and in case of such violation, every director who participated...shall have sustained in consequence of such violation. S«c. 51. And be it further enacted, Thnt the Comptroller of the Currency, with the approbation of...
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