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" ... on such terms as the court shall direct; and may, if necessary to pay the debts of such association, enforce the individual liability of the stockholders. "
Annual Report of the Commissioner of the Banking Department of the State of ... - Page 18
by Michigan. Banking Division - 1892
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The Northwestern Reporter, Volume 57

1894 - 1250 pages
...or personal property of such bank, on such terms as toecourt shall direct, and may, If necessary U> pay the debts of such bank, enforce all individual...liability of the stockholders. Such receiver shall pay over all money so collected) or received to the state treasurer, and ala» make report to the commissioner...
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Annual Report of the Commissioner of the Banking Department of the State of ...

Michigan. Banking Division - 1895 - 352 pages
...belonging to it, and sell or compound all bad or doubtfal debte, and sell all the real and pereonal property of such bank on such terms as. the court...liability of the stockholders. Such receiver shall pay over all money eo' nml »t receiver. collected or received to the State Treasurer, and aleo make report...
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Commentaries on the Law of Private Corporations, Volume 6

Seymour Dwight Thompson - 1896 - 1228 pages
...doubtful debts, and, on a like order, may sell all the real and personal property of such association, on such terms as the court shall direct; and may, if necessary to pay the debts of such association, enforce the individual liability of the stockholders. Such receiver shall pay over all...
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United States Reports: Cases Adjudged in the Supreme Court, Volume 161

United States. Supreme Court, John Chandler Bancroft Davis, Henry Putzel, Henry C. Lind, Frank D. Wagner - 1896 - 772 pages
...doubtful debts, and, on a like order, may sell all the real and personal property of such association, on such terms as the court shall direct ; and may, if necessary to pay the debts of such association, enforce the individual liability of the stockholders. Such receiver shall pay over all...
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Reports of Cases Heard and Determined in the Appellate Division ..., Volume 136

New York (State). Supreme Court. Appellate Division - 1910 - 1116 pages
...on like order may sell all the real and personal property of such corporation or individual banker on such terms as the court shall direct; and may, if necessary to pay the debts of such corporation, enforce the individual liability of the stockholders." The section further provides that...
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United States Reports: Cases Adjudged in the Supreme Court, Volume 161

United States. Supreme Court, John Chandler Bancroft Davis, Henry Putzel, Henry C. Lind, Frank D. Wagner - 1896 - 878 pages
...doubtful debts, and, on a like order, may sell all the real and personal property of such association, on such terms as the court shall direct ; and may, if necessary to pay the debts of sucu association, enforce the individual liability of the stockholders. Such receiver shall pay over...
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General Laws of the State of Minnesota

Minnesota - 1897 - 776 pages
...and claims belonging to it and sell or compound all bad or doubtful debts, and sell all the real or personal property of such bank on such terms as the...liability of the stockholders. Such receiver shall pay over all money so collected or received upon the order of the court, and make a report of his acts...
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The Law of Receiverships as Established and Applied in the United States ...

John Wilson Smith - 1897 - 922 pages
...doubtful debts, and on a like order may sell all the real and personal property of such association on such terms as the court shall direct ; and may, if necessary to pay the debts of such association, enforce the individual liability of the stockholders. Such receiver shall pay over all...
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Hearings and Arguments Before the Committee on Banking and Currency of the ...

United States. Congress. House. Committee on Banking and Currency - 1897 - 626 pages
...compound all bad or doubtful debts, and, on a like oeder, may sell all the assets of the corporation on such terms as the court shall direct, and may, if necessary to pay the debts of the association, enforce the indiridual liability of the stockholders. Such reccicer shall pay over...
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The Northwestern Reporter, Volume 73

1898 - 1200 pages
...the court, and his authority to proceed against stockholders is found in section 20, In the words, "and may if necessary to pay the debts of such bank...enforce all individual liability of the stockholders." When, under the national bank act. the comptroller determines to assess the stockholders, the assessment...
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