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" ... every person becoming a shareholder by such transfer shall, in proportion to his shares, succeed to all the rights and liabilities of the prior holder of such shares, and no change shall be made in the articles of association by which the rights,... "
Semi-annual Report of the Bank Examiner on the Condition of the State and ... - Page 105
by Wisconsin. Banking Dept - 1897
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Pratt's Digest of the National Bank Act and Other Laws Relating to National ...

A.S. Pratt & Sons - 1886 - 252 pages
...proportion to his shares, succeed to all the rights and liabilities of the prior holder of such shares ; and no change shall be made in the articles of association by which the rights, remedies, or security of the existing creditors of the association shall be impaired. The exception to division...
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The Code of Virginia: With the Declaration of Independence and the ...

Virginia - 1899 - 724 pages
...capital than ten thousand dollars, nor in any city with a less capital than fifty thousand dollars. shall be made in the articles of association by which the rights, remedies, or security of the existing creditors of the association shall bc impaired. 8. At least fifty per centum...
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Laws of the Territory of Utah Passed by the Legislative Assembly, Volume 28

Utah - 1888 - 264 pages
...his share, succeed to all the rights and liabilities "'"' of the previous holder of said shares, and no change shall be made in the articles of association by which the rights, remedies or securities of existing creditors of the association shall be impaired. SEC. 10. At least twenty-five per cent, of...
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A Treatise on the Law of Banks and Banking, Volume 2

John Torrey Morse (Jr.) - 1888 - 712 pages
...proportion to his shares, succeed to all the rights and liabilities of the prior holder of such shares ; and no change shall be made in the articles of association by which the rights, remedies, or security of the existing creditors of the association shall be impaired. (6) (5151.) Liability of Shareholders.2...
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The Northwestern Reporter, Volume 35

1888 - 1064 pages
...its by-laws; and every person becoming a stockholder therein shall, in proportion to his interest, succeed to all the rights, and be subject to all the liabilities of prior stockholders. " In view of the construction and effect which must be given to a later enactment, —...
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The general statutes of 1878, prepared by George B. Young, edited and ...

Minnesota - 1888 - 1058 pages
...village or township, or any part ot the same, for the use or benefit ot the public schools therein, and succeed to all the rights, and be subject to all the liabilities of the same; and the said board shall be capable of contracting and being contracted with, suing and being...
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The National-Bank Act and Other Laws Relating to National Banks, from the ...

United States - 1889 - 120 pages
...liabilities of the The Ак»са»ог», 3 • iii /.ii ii iiii wan., 573. prior holder of such shares; and no change shall be made in the articles of association by which the rights, remedies, or security of the existing creditors of the association shall be impaired. whоn capital jg. (SEC. 5140.)...
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The American State Reports: Containing the Cases of General Value ..., Volume 8

Abraham Clark Freeman - 1889 - 1018 pages
...its by-laws; and every person becoming a stockholder therein shall, in proportion to his interest, succeed to all the rights and be subject to all the liabilities of prior stockholders." In view of the construction and effect which must be given to a later enactment (Laws...
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Session Laws

South Dakota - 1891 - 392 pages
...proportion to his shares succeed to all rights and liabilities of the prior holders of such shares, and no change shall be made in the articles of association by which the rights, remedies or security of the existing creditors of the association shall be impaired. § 11. INCREASE OR DECREASE...
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Acts and Resolves Passed by the ... Legislature of the State of Maine

Maine - 1891 - 966 pages
...stockholders in this corporation to the amount of their respective stock, and this corporation shall succeed to all the rights and be subject to all the liabilities of said voluntary association. SECT. 4. Said corporation shall have all of the police p0]i,.e powers,...
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