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" And in cases of such violation, every director who participated in or assented to the same shall be held liable in his personal and individual capacity for all damages which the association, its shareholders, or any other person, shall have sustained... "
The Merchants' Magazine and Commercial Review - Page 329
1863
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Laws of the United States Relating to Loans and the Currency, Since 1860

United States - 1878 - 310 pages
...United States, in a suit brought for that purpose by the comptroller of the currency, in his own name, before the association shall be declared dissolved....participated in or assented to the same shall be held 1)ijte™onal Ualiable in his personal and individual capacity for all damages which the association,...
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A Treatise on the Law Relating to Banks and Banking: With an Appendix ...

John Torrey Morse - 1879 - 724 pages
...United States, in a suit brought for that purpose by the comptroller of the currency, in his own name, before the association shall be declared dissolved....every director who participated in or assented to the came shall be held liable in his personal and individual capacity for all damages which the association,...
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National Bank Cases: Containing All Decisions of Both the Federal ..., Volume 2

Irving Browne - 1880 - 638 pages
...United States, in a suit brought for that purpose by the Comptroller of the Currency, in his own name, before the association shall be declared dissolved....capacity for all damages which the association, its shareholders, or any other person, shall have sustained in consequence of such violation. Thomp. NB...
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The Federal Reporter: Cases Argued and Determined in the ..., Volumes 63-64

1895 - 2084 pages
...all the rights, privileges and franchises of the association shall be thereby forfeited. • • • And in cases of such violation, every director who...capacity for all damages which the association, its shareholders, or any other person shall have sustained In consequence of such violation." It is obvious...
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The Federal Reporter, Volume 124

1903 - 1112 pages
...United States in a suit brought for that purpose by the Comptroller of the Currency in his own name before the association shall be declared dissolved....the same shall be held liable in his personal and indlvidual\capaclty for all damages which the association, its shareholders or any other person shall...
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The Federal Reporter: Cases Argued and Determined in the ..., Volumes 31-32

1887 - 1910 pages
...includes section 5200, the rights, privileges, and franchises of the bank shall be forfeited; and that in cases of such violation every director, who participated...his personal and individual capacity for all damages sustained in consequence of such violation. By force of these provisions, the defendants Albert Sowles...
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The Federal Reporter: Cases Argued and Determined in the ..., Volumes 71-72

1896 - 2118 pages
...of the association shall be forfeited after a violation has been determined by the proper court, and "every director who participated in or assented to...capacity for all damages which the association, its shareholders, or any other person, shall have sustained in consequence of such violation"; that all...
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The Federal Reporter: Cases Argued and Determined in the ..., Volumes 241-242

1917 - 2042 pages
...the last sentence ordains the rule by which civil liability is to be determined, by providing that 'every director who participated in or assented to...Liable in his personal and individual capacity for ail damages which the association, its shareholders, or any other person, shall have sustained In consequence...
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House Documents, Otherwise Publ. as Executive Documents: 13th ..., Volume 13

United States. Congress. House - 1880 - 658 pages
...provides that every director of ¡i national bank who participates in or assents to violation of law " shall be held liable in his personal and individual...capacity for all damages which the association, its shareholders, or any other person shall have the association is directly involved in tlie risks attending...
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The Federal Reporter, Volume 44

1891 - 980 pages
...further provides that every director who shall have participated in or assented to the violation shall be liable in his personal and individual capacity for all damages which the association or its shareholders shall have sustained in consequence of such violation. Thus the statute law makes...
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