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" Each stockholder of a corporation, or joint-stock association, shall be individually and personally liable for such proportion of all its debts and liabilities contracted or incurred, during the time he was a stockholder, as the amount of stock or shares... "
The Civil Code of the State of California: Adopted March 21, 1872, with ... - Page 123
by California - 1915 - 1293 pages
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Michigan Reports: Cases Decided in the Supreme Court of Michigan, Volume 97

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 - 1894 - 778 pages
...proportion of all its debts and liabilities, contracted or incurred during the time he was a stockholder, as the amount of stock or shares owned by him bears...subscribed capital stock or shares of the corporation or association." It is proper to state that the sole question presented by this record is the right...
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Statutes of California and Digests of Measures

California - 1874 - 524 pages
...and Twenty-two. Each Liability stockholder of a corporation ia individually and per- holders. sonally liable for such proportion of its debts and liabilities...only of each debt or claim against the corporation. Any creditor of the corporation may institute joint or several actions against any of its stockholders,...
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The Law of Private Corporations: Being the Law of Private Corporations Under ...

John Proffatt - 1876 - 252 pages
...Stockholders. Each stockholder of a corporation is individually and personally liable for such portions of its debts and liabilities as the amount of stock...only of each debt or claim against the corporation. Any creditor of the corporation may institute joint or several actions against any of its stockholders,...
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Statutes of California Passed at the ... Session of the Legislature

California - 1876 - 154 pages
...individually and Liability of personally liable for such proportion of its debts and liabili- l,'",^. ties as the amount of stock or shares owned by him bears...only of each debt or claim against the corporation. Any creditor of the corporation may institute joint or several actions against any of its stockholders...
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The Pacific law encyclopedia

Jabez Franklin Cowdery - 1878 - 842 pages
...places as prima fucie evidence of the foots therein stated. Liability of Stockholders under Cade.— Each stockholder of a corporation is individually...only of each debt or claim against the corporation. Any creditor of the corporation may institute joint or several actions against any of its stockholders,...
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Laws of the State of California Relative to Railroads and Railroad ...

California - 1879 - 308 pages
...individ- stockholders liable ually and personally liable for such proportion of its debts lurdebtsand liabilities as the amount of stock or shares owned...only of each debt or claim against the corporation. Any creditor of the corporation may institute joint or several actions against any of its stockholders...
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The Constitution of the United States and the Constitutions of California ...

California - 1879 - 216 pages
...proportion of all its debts and liabilities contracted or incurred, during the time he was a stockholder, as the amount of stock or shares owned by him bears...subscribed capital stock, or shares of the corporation or association. The directors or trustees of corporations and joint-stock associations shall be jointly...
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The Constitution of the State of California Adopted in 1879: With References ...

California - 1879 - 442 pages
...proportion of all its debts and liabilities contracted or incurred, during the timo he was a stockholder, as the amount of stock or shares owned by him bears...subscribed capital stock, or shares of the corporation or association. The directors or trustees of corporations and joint-stock associations shall be jointly...
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Pacific Coast Collection Laws: A Summary of the Laws of California, Nevada ...

Jonathan Henry Jellett - 1880 - 394 pages
...members. Each stockholder of a corporation is individually and personally liable for such portions of its debts and liabilities as the amount of stock...only of each debt or claim against the corporation. Any creditor of the corporation may institute joint or several actions against any of its stockholders,...
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Appletons' Annual Cyclopaedia and Register of Important Events

1880 - 914 pages
...proportion of all its debts and liabilities contracted or incurred during the time he was a stockholder, as the amount of stock or shares owned by him bears...subscribed capital stock or shares of the corporation or association. The directors or trustees of corporations and joint-stock associations shall be jointly...
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