 ... 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 at the par value thereof, in addition to the amount...  The Federal Farm-loan System in Operation - Page 247by Arne Clarence Wiprud - 1921 - 280 pagesFull view - About this book
 | Illinois - 1889 - 716 pages
...stockholders as follows: "The shareholders of each association formed under the provisions of this act, shall be held individually responsible equally and ratably, and not one for the other, for all contracts, debts, and engagements of such person or association to the extent of... | |
 | Maine - 1889 - 776 pages
...holders of the notes thereof in preference to ull other creditors; the stockholders of the corporation shall be held individually responsible, equally and ratably, and not one for the other, for all the contracts, debts, and engagements of the corporation to the extent of the amount... | |
 | United States - 1891 - 332 pages
...banking ass.v 180 BANK ACT : DEPOSIT OP BONDS. [1864. ciation that may accept the provisions of this act, shall be held individually responsible, equally and...for all contracts, debts, and engagements of such association to the extent of the amount of their stock therein at the par value thereof, in addition... | |
 | Charles Fisk Beach (Jr.) - 1891 - 832 pages
...statute.6 Thus the federal statute7 providing that "the shareholders of every national banking association shall be held individually responsible, equally and...another, for all contracts, debts and engagements of such association, to the extent of the amount of their stock therein, at the par value thereof, in addition... | |
 | Maine - 1891 - 966 pages
...stock. SECT. 11. The stockholders of said corporation shall be Liability of held individually liable, 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 at the par value thereof, in addition... | |
 | New York (State) - 1892 - 308 pages
...Except as prescribed in the stock corporation law*the stockholders of every such corporation shall be individually responsible, equally and ratably, and...another, for all contracts, debts and engagements of such corporation to the extent of the amount of their stock therein at the par value thereof, in addition... | |
 | George Mathewes Coffin - 1893 - 186 pages
...shareholders owning two-thirds of the stock. SEC. 5151. The shareholders of every National banking association shall be held individually responsible, equally and...for all contracts, debts, and engagements of such association, to the extent of the amount of their stock therein, at the par value thereof, in addition... | |
 | North Carolina - 1895 - 688 pages
...Provided, that if the power herein given be accepted and exercised, the shareholders of said corporation shall be held individually responsible, equally and...another, for all contracts, debts and engagements of said corporation to the extent of the amount of their stock therein at the par value thereof, in addition... | |
 | Franklin Hubbell Mackey, District of Columbia. Supreme Court - 1883 - 636 pages
...of every national banking association shall be held individually responsible, equally and rateably. and not one for another, for all contracts, debts and engagements of such association, to the extent of the amount of their stock therein, at the par value thereof." We can... | |
 | North Carolina - 1903 - 962 pages
...savings-bank feature of this corporation. The stock- Liability of stockholders of this corporation shall be individually responsible, equally and ratably, and not one for another, for all debts, contracts and engagements of the corporation to an amount equal to their stock therein at par... | |
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