 The shareholders of each association formed under the provisions of 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 ratably, and not one for another,...  The Northwestern Reporter - Page 4141898Full view - About this book
 | United States. Supreme Court - 1885 - 1230 pages
...shares." This provision was changed in 1864, and has teen since and is now in force in these terms: The shareholders of every national banking association...held individually responsible, equally and ratably, andiiot one for another, for all contracts, debts and engagements of such association, to the extent... | |
 | United States. Supreme Court - 1904 - 1384 pages
...another, as sureties to the creditors of such 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 •hares."... | |
 | United States Congress. House. Banking and Currency Committee - 1958 - 908 pages
...payments to bo in gold or gold certificates. The shareholders of every Federal reserve bank shall bo held individually responsible, equally and ratably, and not one for another, for nil contracts, debts, and engagements of such bank to the extent of the amount of their subscriptions... | |
 | United States. Congress. House. Committee on Banking and Currency - 1960 - 370 pages
...provides — Liability of shareholders of Reserve banks : The shareholders of every Federal Reserve bank shall be held individually responsible, equally and...for all contracts, debts, and engagements of such bank to the extent of the amount of their subscriptions to such stock at the par value thereof. in... | |
 | United States. Congress. Senate. Committee on Banking and Currency - 1963 - 716 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...in addition to the amount invested in such shares ; except that shareholders of any banking association now existing under state laws, having not less... | |
 | 1926 - 1626 pages
...Revised Statutes of the United States, which makes shareholders in national banking associations — "individually responsible, equally and ratably, and...in addition to the amount invested in such shares." The only difference between the federal statute and our law is that the former makes the shareholder... | |
 | 1926 - 1636 pages
...of such association made or entered into to the extent of the 178 ( — У- D. — , amount of his stock therein at the par value thereof, in addition to the amount invested in and due on such shares." Cpmp. Laws 1913, § 5168. Is the liability prescribed by this section a claim... | |
 | United States. Congress. House. Committee on Ways and Means - 1967 - 302 pages
...18, 24.] 4. Liability of shareholders of reserve banks The shareholders of every Federal reserve bank shall be held individually responsible, equally and...for all contracts, debts, and engagements of such bank to the extent of the amount of their subscriptions to such stock at the par value thereof hi addition... | |
 | Ross M. Robertson - 1968 - 286 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...in addition to the amount invested in such shares; except that the shareholders of any banking association now existing under state laws, having not less... | |
 | Francis Newton Thorpe - 1909 - 662 pages
...banking or insurance corporation or joint stock association shall be individually and personally liable, equally and ratably and not one for another, for all contracts, debts and' engagements of such corporation or association accruing while they remain such stockholders, to the extent of the amount... | |
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