...of not less than five members. Shareholders of every joint stock land bank organized under this Act shall be held individually responsible, equally and...the amount paid in and represented by their shares. Except as otherwise provided, joint stock land banks shall have the powers of, and be subject to all...

...374, 12 USC § 812, provides, "Shareholders of every joint stock land bank organized under this Act shall be held individually responsible, equally and...the amount paid in and represented by their shares." Before respondents had brought the Illinois suit this Court in Wheeler v. Greene, 280 US 49, had before...

...of July 17, 1916, declares that shareholders of every joint stock land bank organized under the Act shall be held individually responsible, equally and ratably, and not one for another, for the debts of the bank to the extent of the amount of stock owned by them at the par value thereof,...

...business of lending on farm mortgage security and issuing farm loan bonds ; the shareholders were to be individually responsible, equally and ratably, and...the amount of stock owned by them at the par value ; the capital was to be $250,000 subscribed and one-half paid up in cash. These Banks were privately...

...Section 16 of the Federal Farm Loan Act provides that the shareholders of every joint stock land bank "shall be held individually responsible, equally and ratably, and not one for another, for all ... debts ... of such bank to the extent of the amount of stock owned by them at the par value thereof....

...stockholders. Carolina or that may hereafter operate by virtue of any charter or law of North Carolina shall be held individually responsible equally and...and not one for another for all contracts, debts and agreements of such association to the extent of the amounts of their stock therein at the par value...

...of this title. § 812. Individual liability of shareholders. — Shareholders of every joint-stock note under section 640a of this title. § 1134k....Central Bank shall be required to own, at the time the ch. 245, § 16, 39 Stat. 374.) REFERENCES IN TEXT . In the original "this chapter" reads "this Act,"...

...744. Individual liability of shareholders. — Shareholders of every national farm-loan association X 7M, association to the extent of the amount of stock owned by them at the par value thereof, in addition...

...that petitioners had unduly 1 "Shareholders of every joint stock land bank organized under this Act shall be held individually responsible, equally and...the amount paid in and represented by their shares." Opinion of the Court. 327 US delayed commencement of the suit. Neither defense was sustained in the...

...national banking associations was created by 12 USC §§ 63, 64. By § 63 the shareholder was made "individually responsible, equally and ratably and...for all contracts, debts, and engagements of such association, to the extent of the amount of their stock therein, at the par 482 RUTLEDGE, J., dissenting....