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" The shareholders of every national banking association 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,... "
A Treatise on the Law of National and State Banks: Including the Clearing ... - Page 81
by Harvey White Magee - 1906 - 800 pages
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The Bankers' Magazine, and Journal of the Money Market, Volume 39

1879 - 1110 pages
...the provisions of the national bank act, 10. The shareholders of every national bank are each made individually responsible, equally and ratably, and...engagements of such association, to the extent of their stock therein, at its par value in addition to the amount invested in such shares ; thus giving...
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Public Documents of Massachusetts, Volume 6, Part 1

Massachusetts - 1894 - 760 pages
...such corporation. SECT. 14. The shareholders of such corporation shall be held individually liable, equally and ratably, and not one for another, for all contracts, debts and engagements of the corporation, to the extent of the amount of their stock therein at the par value thereof, in addition...
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The Merchants' Magazine and Commercial Review, Volume 54

William B. Dana - 1866 - 496 pages
...responsible, equally and rateably, and not one for another, for all contracts, debu and engagements of sucn association, to the extent of the amount of their stock therein at tie par value thereof, in addition to the amount invested in such shares." In the election of directors,...
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The Voter's Text Book, Comprising a Collection of the Most Important ...

James M. Hiatt - 1868 - 426 pages
...this act, and of each existing bank or banking association that may accept the provisions of this act, shall be held individually responsible, equally and...and engagements of such association to the extent of amount of their stock therein at the par value thereof, in addition to the amount invested in such...
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Wisconsin Session Laws

Wisconsin - 1868 - 1516 pages
...reformed under the provisions of this act shall be held 8 P° n8iWe individually responsible, equably and ratably, and not one for another, for all contracts, debts and engagements of the corporation, to the extent of the amount of their stock therein, at the par value thereof, in addition...
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A General Digest of the Law of Corporations: Presenting the American ...

Benjamin Vaughan Abbott, Austin Abbott - 1869 - 1028 pages
...act, shall be held individually responsible, equally and ratnbly, and not one for another, for nil contracts, debts, and engagements of such association...the extent of the amount of their stock therein at tho par value thereof, in addition to the amount invested in such shares ; except that shareholders...
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Cases Argued and Adjudged in the Supreme Court of the ..., Volume 8; Volume 75

United States. Supreme Court - 1870 - 738 pages
...of banking, now known as our "National Banks," provides, by its 12th section, that the shareholders "Shall be held individually responsible, equally and...engagements of such association, to the extent of their stock therein, at the par value thereof, in addition to the amount invested in such shares, except,...
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Albany Law Journal, Volume 38

1889 - 546 pages
...the United States, section 5151, providing that shareholders of national banks shall be responsible "for all contracts, debts and engagements of such...the extent of the amount of their stock therein," applies to a married woman who is such a shareholder, and she is liable for an assessment upon stock...
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Albany Law Journal, Volume 24

1881 - 572 pages
...shareholders in National banks incur under section 12 of the act of 18G4, which provide» for a liability " to the extent of the amount of their stock therein, at the par valuó thereof, in addition to the amount invested in euch shares," is that of principals, not of sureties....
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Acts of the General Assembly of the State of New Jersey

New Jersey - 1872 - 1572 pages
...transferable in such manner as the by laws of said corporation may prescribe, and each stockholder shall be individually responsible, equally and ratably, and not one for another for all debts and engagements of the corporation to the full amount of his whole stock therein at the par value...
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