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" Persons holding stock as executors, administrators, guardians, or trustees shall not be personally subject to any liabilities as stockholders; but the estates and funds in their hands shall be liable in like manner and to the same extent as the testator,... "
Annual Report of the Commissioner of the Banking Department of the State of ... - Page 16
by Michigan. Banking Division - 1892
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Annual Report of the Commissioner of the Banking Department of the State of ...

Michigan. Banking Division - 1911 - 686 pages
...holding stock as collateral security, shall not be personally liable, as stockholders, but the assets and funds in their hands constituting the trust shall...the same extent as the testator, intestate, ward or persons interested in Ixiv STATE BANKING DEPARTMENT. such trust funds would be, if living or comptent...
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The National-bank Act, as Amended: With Other Laws Relating to National Banks

United States - 1911 - 184 pages
...liabilities as stockholders; but the estates and funds in their hands shall be liable in like manner and to the same extent as the testator, intestate, ward, or person interested in such trust-funds would be, if living and competent to act and hold the stock in his own name. NATIONAL BANKING...
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Annual Report of the Attorney General of the State of Michigan

Michigan. Attorney General's Office, Michigan. Department of Attorney General - 1912 - 496 pages
...holding stock as collateral security, shall not be personally liable as stockholders but the assets and funds in their hands constituting the trust shall...interested in such trust funds would be if living and competent to act. This provision, while recognizing that stock in State banks may come into the...
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Handbook of the Law of Banks and Banking

Francis Buchanan Tiffany - 1912 - 732 pages
...liabilities as stockholders; but the estates and funds in their hands shall be liable in like manner and to the same extent as the testator, intestate, ward, or person interested in such trust-funds would be, if living and competent to act and hold the stock in his own name. Act June 3,...
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Annual Report of the Commissioner of the Banking Department of the State of ...

Michigan. Banking Division - 1913 - 716 pages
...holding stock as collateral security, shall not be personally liable as stockholders, but the assets and funds in their hands constituting the trust shall...the same extent as the testator, intestate, ward or persons interested in such trust funds would be. if living or eomjKitent to act, and the JKTSOII pledging...
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Annual Report of the Commissioner of the Banking Department of the State of ...

Michigan. Banking Division - 1914 - 744 pages
...holding stock as col lateral security, shall not be personally liable as stockholders, but the assets and funds in their hands constituting the trust shall...the same extent as the testator, intestate, ward or persons interested in such trust funds would be, if living or competent to act, and the person pledging...
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Rural Credits: Joint Hearings Before the Subcommittees of the Committees on ...

United States. Congress. Senate. Committee on Banking and Currency - 1914 - 982 pages
...liabilities as stockholders; but the estates and funds In their hands shall be liable in like manner and to the same extent as the testator, intestate, ward,...interested in such trust funds would be if living and competent to act and hold the stock In his own name. CONVERSION OF EXISTING LAND-MORTGAGE COMPANIES...
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Annual Report of the Corporation Commission for the Year Ending ..., Volume 15

North Carolina. Corporation Commission - 1914 - 1170 pages
...liabilities as stockholders, but the estates and funds in their hands shall be liable in like manner and to the same extent as the testator, intestate, ward,...interested in such trust funds would be if living and competent to act and hold the stock in his own name. US Rev. Stat, s. 5152. 238. Transferrer not...
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California Red Book: Hillyers̓ Legal Manual, 1914

Curtis Hillyer - 1914 - 1628 pages
...liabilities as stockholders; but the estates and funds in their hands shall be liable in like manner and to the same extent as the testator, intestate, ward,...interested in such trust funds would be, if living and competent to act and hold the stock in his own name. 50. National Banking Associations to be Depositaries...
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Rural Credits: Joint Hearings Before the Subcommittees of the ..., Part 1

United States. Congress. Senate. Committee on Banking and Currency - 1914 - 1020 pages
...liabilities as stockholders; but the estates and funds in their hands shall be liable in like manner and to the same extent as the testator, intestate, ward,...interested in such trust funds would be if living and competent to act and hold the stock in his own name. CONVERSION OF EXISTING LAND-MORTGAGE COMPANIES...
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