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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,... "
Public Documents of Massachusetts - Page l
by Massachusetts - 1894
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Extracts from the Laws of the United States Relating to Currency and Finance

United States - 1889 - 90 pages
...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...in addition to the amount invested in such shares. . . . [But shareholders of any banking association now existing under State laws, having not less than...
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Reports Made to the Senate and House of Representatives of the ..., Volume 4

Illinois - 1889 - 716 pages
...for the other, for all contracts, debts, and engagements of such person or association to the extent of their stock therein, at the par value thereof,...in addition to the amount invested in such shares." It will be readily seen that the liability fixed in the act, as shown above, is different from that...
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National Bank Cases: Containing All Decisions of Both the Federal ..., Volume 3

Irving Browne - 1889 - 824 pages
...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." We can conceive a state of facts to which this would not apply, even where one is a nominal shareholder....
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Reports of Cases Argued and Decided in the Supreme Court of ..., Volume 95

Georgia. Supreme Court - 1895 - 892 pages
...one for another as sureties, to creditors of said corporation, for all contracts and debts of said corporation, to the extent of the amount of their stock therein at the par value thereof respectively at the time the debt was created, in addition to the amount invested in such shares. The...
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Laws of the United States Relating to Currency, Finance, and Banking from ...

United States - 1891 - 332 pages
...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...in addition to the amount invested in such shares. . . . [But shareholders of any banking association now existing under State laws, having not less than...
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Commentaries on the Law of Private Corporations: Whether with Or ..., Volume 1

Charles Fisk Beach (Jr.) - 1891 - 832 pages
...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,...in addition to the amount invested in such shares," includes a married woman, and her separate property can be lln re Contract Corporation, Baker's Case,...
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Acts and Resolves Passed by the ... Legislature of the State of Maine

Maine - 1891 - 966 pages
...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...in addition to the amount invested in such shares. SECT. 12. Every director of this corporation who shall Liability of dlrcctora. knowingly violate, or...
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Session Laws

South Dakota - 1891 - 392 pages
...contracts, debts and engagements of such association made or entered into to the extent of the amount of his stock therein, at the par value thereof, in addition to the amount invested in, and due on such shares. ยง19. CERTAIN LOANS PROHIBITED.] No association shall make any loans or discounts...
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The General Banking Laws of the State of New York: Including the Banking Law ...

New York (State) - 1892 - 308 pages
...responsible, equally and ratably, and not one for another, for all contracts, debts and engagements of such corporation to the extent of the amount of their stock...addition to the amount invested in such shares. The term, stockholder, when used in this chapter, shall apply not only to such persons as appear by the...
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United States Circuit Courts of Appeals Reports: With Key-number Annotations ...

1903 - 880 pages
...be held individually responsible equally and ratably for all contracts and debts of the association, to the extent of the amount of their stock therein...addition to the amount invested in such shares, the contract of a shareholder of a national bank with the bank and its creditors as to its debts is that,...
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