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" The stockholders of every bank shall be individually liable, equally and ratably, and not one for another, for the benefit of the depositors in said bank to the amount of their stock at the par value thereof, in addition to the said stock... "
Annual Report of the Commissioner of the Banking Department of the State of ... - Page lii
by Michigan. Banking Division - 1910
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Journal of the Indiana State Senate ... of the General Assembly, ..., Volume 58

Indiana. General Assembly. Senate - 1893 - 1202 pages
...the time such persons were the owners of a portion of the stock of such corporation to the extent of the amount of their stock at the par value thereof in addition to the amount invested in such shares: Provided, That this amendment shall to future contracts only,...
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Private Laws of the State of North-Carolina Passed by the General Assembly

North Carolina - 1893 - 660 pages
...debts, bonds, recognizances, obligations, stipulations and undertakings of said company to the extent of the amount of their stock at the par value thereof, in addition to the amount invested in such shares. SEC. 18. The principal office for the transaction of the business...
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Annual Report of the Commissioner of the Banking Department of the State of ...

Michigan. Banking Division - 1894 - 344 pages
...evldi'пC9therein stated. SEC. 46. The stockholders of every bank shall be indi- Jjjjj."",1^ vidually liable, equally and ratably, and not one for another,...their stock at the par value thereof, in addition the said stock; but pereone holding stock as executore, administratore, guardiane or trusteee, and...
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Documents Accompanying the Journal of the House, Part 2

Michigan. Legislature - 1895 - 1322 pages
...bank shall be individually liable, equally and ratably, and not one for another, for the benefit of depositors in said bank to the amount of their stock...par value thereof, in addition to the said stock. * * * Such liability may be enforced in a suit at law or in equity by any such bank in process of liquidation,...
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Annual Report of the Commissioner of the Banking Department of the State of ...

Michigan. Banking Division - 1895 - 352 pages
...bank shall be individually liable, equally and ratably, and not one for another, for the benefit of depositors in said bank to the amount of their stock at the par valne thereof, in addition to the said stock. x . xx ouch liability may be enforced in a suit at law...
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Laws of the State of Wisconsin

Wisconsin - 1897 - 1354 pages
...stockholders of every bank SiftiKKr Shall be individually liable, equally and rat ably, Vheir™«k nt <>f not one for another, for the benefit of the depositors...their stock at the par value thereof, in addition to the amount invested in said stock. But persons holding stock as executors, administrators, guardians...
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The Laws of Wisconsin

Wisconsin - 1897 - 1392 pages
...35. The stockholders of every bank aii^iiSwHIIr shall be individually liable, equally and ratably, pf not one for another, for the benefit of the depositors...their stock at the par value thereof, in addition to the amount invested in said stock. But persons holding stock as executors, administrators, guardians...
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The Minnesota Law Journal, Volume 5

1897 - 260 pages
...dealing with the bank.'' And, let it be observed, the liability upon shareholders is to the extent of the amount of their stock at the par value thereof, "in addition to the amount invested in such shares." The word "invested" plainly has reference to those who originally...
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The American State Reports: Containing the Cases of General Value ..., Volume 77

Abraham Clark Freeman - 1901 - 1082 pages
...Ho well's Statutes, sec. 3208e5, being sec. 46, Act No. 205, Pub. Acts 1887. This section provides: "The stockholders of every bank' shall be individually...at the par value thereof, in addition to the said 7 stock; but persons holding stock as executors, administrators, guardians, or trustees, and persons...
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Congressional Serial Set

1902 - 1094 pages
...responsible, eqnally and ratably, and not one fur another, for all debts of the bank, to the extent of the amount of their stock, at the par value thereof, in addition to the amount invested in sucli stock, a stockholder can not be required to make good tbe failure of...
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