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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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Accounting and Examinations Under the Federal Farm Loan Act: Hearings Before ...

United States. Congress. House. Committee on Banking and Currency - 1927 - 422 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,...interested in such trust funds would be if living and comjietent to act and hold the stock in his own name." SEC. 2. That the second paragraph of section...
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United States Code Annotated, Volume 12

United States - 1927 - 612 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,...interested in such trust funds would be, if living and competent to act and hold the stock in his own name. (RS § 5152.) Historical Note This section...
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The Central Law Journal, Volume 19

1884 - 544 pages
...liability 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...interested In such trust funds would be if living and competent to act and hold the stock in his own name." I think the only purpose of this section...
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The South Western Reporter, Volume 294

1927 - 1242 pages
...liability 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 trust fund would be, if living and competent to act and hold the estate in his own name." The administrator...
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Digest of Rulings of the Federal Reserve Board (1914-1927, Inclusive): With ...

United States. Federal Reserve Board - 1928 - 808 pages
...liabilities as stockholders; but the118' 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 trust-funds would be, if living and competent to act and hold the stock in his own name. NATIONAL BANKING...
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Atlantic Reporter, Volume 77

1911 - 1418 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 the trust fund would be, if they were respectively living and competent to act, and held the stock...
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United States Code, Volume 3

United States - 1971 - 1248 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,...interested in such trust funds would be, if living and competent to act and hold the stock in his own name. (RS § 5152.) DERIVATION; NATIONAL BANK ACT...
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Study of Banking Laws, Hearing Before ..., 84:2 ....

United States. Congress. Senate. Committee on Banking and Currency - 1956 - 468 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 trust-funds would be, if living and competent to act and hold the stock in his own name. Recommendation...
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Study of Banking Laws: Legislative Recommendations of the Federal ...

United States. Congress. Senate. Committee on Banking and Currency - 1956 - 238 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 trust-funds would be, if living and competent to act and hold the stock in his own name. Recommendation...
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Study of Banking Laws: Hearings Before the United States Senate ..., Parts 1-2

United States. Congress. Senate. Banking and Currency Committee, United States. Congress. Senate. Committee on Banking and Currency - 1956 - 1110 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 trust-funds would be, if living and competent to act and hold the stock in his own name. Recommendation...
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