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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 146
by Michigan. Banking Division - 1891
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Annual Report of the Commissioner of the Banking Department of the State of ...

Michigan. Banking Division - 1919 - 864 pages
...follows: "The stockholders of every bank shall be Individually liable, equally and ratably, and nod one for another, for the benefit of the depositors...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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Public Acts of the Legislature of the State of Michigan Passed at the ...

Michigan - 1919 - 914 pages
...security, shall not be personally liable as stockholders, or as members of a voluntary association, but the assets and funds in their hands constituting...funds would be, if living or competent to act; and any person pledging stock in an industrial bank shall be deemed the stockholder and liable under this...
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Select Cases and Other Authorities on the Law of Trusts...

Austin Wakeman Scott - 1919 - 858 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 trustfunds would be, if living and competent to act and hold the stock in his own name.] " If, therefore,...
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Annual Report of the Commissioner of the Banking Department of the State of ...

Michigan. Banking Division - 1920 - 840 pages
...and persons holding stock as collateral security, shall not be personally liable as stockholders, bnt the assets and funds In their hands constituting the...the same extent as the testator, Intestate, ward or persons Interested In such trust funds would he, if living or competent to act, and the person pledging...
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The Pacific Reporter, Volume 208

1922 - 1210 pages
...stockholders, but the assets and funds in the hands of such trusteeĀ« constituting the trust ghall be liable to the same extent as the testator, intestate, ward, or person interested in such funds would be, if living or competent to act, and the person pledging such stock shall be deemed a...
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North Carolina Corporation Code, Annotated: Containing the Statutes ...

James Hinton Pou - 1922 - 1032 pages
...liabilities as stockholders, but the estate and funds in their hand shall be liable in like manner and to the same extent as the testator, intestate, ward, or person interested in such trust fund would be if living and competent to hold stock in his own name. 1921, c. 4, s. 23. transferred...
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Session Laws of the State of Wyoming Passed by the State Legislature

Wyoming - 1925 - 312 pages
...stockholders, in their individual, firm, partnership, association or corporate capacity, but assets and fund in their hands constituting the trust shall be liable...intestate, ward or person interested in such trust fund would be if living and competent to act; and the person, firm, co-partnership, association or...
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Session Laws

Wyoming - 1925 - 320 pages
...stockholders, in their individual, firm, partnership, association or corporate capacity, but assets and fund in their hands constituting the trust shall be liable...intestate, ward or person interested in such trust fund would be if living and competent to act; and the person, firm, co-partnership, association or...
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The South Western Reporter, Volume 268

1925 - 1220 pages
...liabilities as stockholders: but the estates anrl 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." Also, upon the Kentucky case of Clark v....
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Session Laws and Resolutions

North Carolina - 1925
...liabilities as stockholders, but the estate 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 fund would be if living and competent to hold stock in his own name. SEC. 3. That another section to...
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