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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. State Banking Department - 1914 - 748 pages
...be personally liable as stockholders, but the assets and funds in their hands constituting the irust shall be liable to the same extent as the testator, intestate, ward or persons interested in such trust funds would l>e, if living or coinjietent to act, and the person pledging...
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Laws of the United States Relating to Currency, Finance, and Banking from ...

United States - 1891 - 310 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 said trust-funds would be if they were respectively living and competent to act and hold the stock...
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Annual Report

Michigan. Banking Division - 1892
...holding stock as collateral security, shall not be personally liable as stockholdere, but the asscts and funds in their hands constituting the trust shall...interested in such trust funds would be, if living or compctent to act; and the person pledging such stock shall be deemed the stockholder and liable under...
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Reports of Cases Argued and Adjudged in the Supreme Court of the District of ...

District of Columbia. Supreme Court, Franklin Hubbell Mackey - 1883
...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...interested in such trust funds would be if living and competent to act and hold the stock in his own name." Sec. 5152 Rev. Stat. So that a young ward,...
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Hand-book for Bank Officers

George Mathewes Coffin - 1893 - 107 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. The extent of liability under these sections...
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World's Congress of Bankers and Financiers: Comprising Addresses Upon ...

World's congress of bankers and financiers, Chicago, 1893 - 1893 - 615 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 said trust funds would be if they were respectively living and competent to act and hold the stock...
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Commentaries on the Law of Private Corporations, Volume 3

Seymour Dwight Thompson - 1895 - 8032 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."1 The liability thus imposed is for all such...
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Annual Report

Michigan. Banking Division - 1895
...shall not be pereonally liable as stockholdere, but the asscts and funds in their hands conetituting the trust shall be liable to the same extent as the testator, intestate, ward or pereon interested in such trust fands would be, if living or compctent to act; and the pereon pledging...
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Reports of Cases Heard and Determined in the Appellate Division ..., Volume 195

New York (State). Supreme Court. Appellate Division - 1921 - 1088 pages
...liability as stockholders, but the estates and funds hi 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." Let it be observed...
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The Laws of Wisconsin

Wisconsin - 1897 - 1392 pages
...holding stock as collateral security, shall not be personally liable as stockholders, but the assets or funds in their hands constituting the trust, shall...intestate, ward or person interested in such trust fund would be if living, or competent to act, and the person pledging such stock shall be deemed the...
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