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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

Michigan. Banking Division - 1915
...provisions involved in these inquiries are Section 46 of the Banking Law, which provides as follows: "The stockholders of every bank shall be individually...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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United States Circuit Courts of Appeals Reports: With Key-number Annotations ...

1915 - 734 pages
...liabilities as stockholders; but the estate and funds in their hands sball 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." 1f she rejected the investment or still has...
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Wisconsin Session Laws

Wisconsin - 1915
...holding stock as collateral security, shall not l>e personally liable as stockholders, but the assets or funds in their hands constituting the trust shall...liable to the same extent as the testator, intestate, wan! or pel-son interested in such trust fund would be, if living, or competent to act, and the person...
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The Laws of Wisconsin

Wisconsin - 1915 - 1186 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...liable to the same extent as the testator, intestate, ware! or person interested in such trust fund would be, if living, or competent to act, and the person...
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Harvard law review, Volume 28

1915
...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-funds would be, if living and competent to act and hold the stock in his own name." * i MACHEN,...
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Annual Report

Michigan. Banking Division - 1916
...to the said stock : but persons holding stock as executors, administrators, guardians or trusteeĀ«, and persons holding stock as collateral security,...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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Laws of the state of Mississippi

1916
...be personally liable as stockholders, but the assets and funds in their hands constituting the crust shall be liable to the same extent as the testator,...intestate, ward or person interested in such trust fund would be if living or competent to act ; and persons holding stock as collateral security shall...
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Cases in Quasi Contract: Selected from Decisions of English and American Courts

Edward Sampson Thurston - 1916 - 650 pages
...any liabilities as stockholders, the estates and funds in their hands being 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; and that a...
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Session Laws of the State of Washington

Washington (State) - 1917
...shall not be personally liable as stockholders, but the assets and funds in the hands of such trustees constituting the trust shall be liable to the same...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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Annual Report of the Corporation Commission for the Year Ending ..., Volume 18

North Carolina. Corporation Commission - 1917
...liahilities as stoekholders, hut the estate and funds in their hands shall he liahle in like manner and to the same extent as the testator, intestate, ward, or person interested in sneh trust funds would he if living and eompetent to aet and hold the stoek in his own name. US Rev....
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