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" ... shall be held individually responsible, equally and ratably, and not one for another, for all contracts, debts and engagements of such association to the extent of the amount of their stock therein at the par value thereof, in addition to the amount... "
Practical Information Concerning the Public Debt of the United States: With ... - Page 108
by William Adams Richardson - 1873 - 208 pages
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The New Era in Republican Government: The Dawn of Day; Or, The Laborer's ...

Freeman Otis Willey - 1883 - 180 pages
...his report, before quoted, speaks as follews: " The shareholders of every national bank are each made individually responsible, equally and ratably, and...engagements of such association, to the extent of their stock therein, at its par value, in addition to the amount invested in such shares : thus giving...
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The Supreme Court Reporter, Volume 24

1904 - 906 pages
...another, as sureties to the creditors of such corporation for all contracts and debts of said corporation, to the extent of the amount of their stock therein, at the par value thereof, respectively, at the time the debt was created, in addition to the amount invested in such shares."...
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Acts and Resolves Passed by the ... Legislature of the State of Maine

Maine - 1883 - 604 pages
...shareholders of this corporation shall be individually, equally and ratably responsible for its liabilities, to the extent of the amount of their stock therein, at the par value, in addition to the amount invested in such shares. • SECT. 8. The deposits in said corporation shall...
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Pratt's Digest of the Revised Statutes of the United States Relating to ...

A.S. Pratt & Sons - 1883 - 130 pages
...directors shall be chosen by the board to be its president. Section -5151 provides that shareholders shall be held individually responsible, equally and ratably, and not one for another, for debts, contracts, and engagements of their bank, to the amount of the par value of their stock in addi*...
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Reports of Cases Argued and Adjudged in the Supreme Court of the ..., Volume 13

District of Columbia. Supreme Court (1863-1936), Franklin Hubbell Mackey - 1884 - 628 pages
...govern, if the two acts are in conflict as to any parts. The shareholders of every National Bank are to be held individually responsible, equally and ratably,...stock therein at the par value thereof in addition to the amount invested in such shares. At common law, except in several well known cases, a married...
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The Pacific Reporter, Volume 65

1901 - 1148 pages
...of every national banking association shall be held individually responsible, equally and rata lily, and not one for another, for all contracts, debts,...stock therein, at the par value thereof, in addition to the amount invested in such shares.'' It is under this section of the statute that the receiver...
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United States Reports: Cases Adjudged in the Supreme Court at ..., Volume 165

United States. Supreme Court, John Chandler Bancroft Davis, Henry Putzel, Henry C. Lind, Frank D. Wagner - 1897 - 784 pages
...the assoeiation shall beimpaired." "SEC. 5151. The shareholders of every national banking association shall be held individually responsible, equally and...contracts, debts and engagements of such association, to-the extent of the amount of their stock therein, at the par value thereof, in addition tothe amount...
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Federal Decisions: Cases Argued and Determined in the Supreme ..., Volume 3

1884 - 1126 pages
...United States, among other things, provides that the shareholders of every national banking association shall be held individually responsible, equally and...another, for all contracts, debts and engagements of such associations, to the extent of the amount of their stock therein, at the par value thereof, in addition...
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The Pacific Reporter, Volume 208

1922 - 1184 pages
...debts, and engagements of such corporation or association accruing while they remain such stockholders to the extent of the amount of their stock therein at the par value tbereof, ID addition to the amount invested in such shares." 'Section 35 of the banking act, being...
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The Pacific Reporter, Volume 51

1898 - 1134 pages
...was provided that "the shareholders of every banking or saving association, organized under this law, shall be held individually responsible, equally and ratably, and not one for another, for contracts, debts, and engagements of such association made or entered into to the extent of the amount...
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