 | 1895 - 460 pages
...against it. Ib, the act of 1864, which provides for a liability "to the extent of the amount of their stock therein, at the par value thereof, in addition to the amount invested in such shares," is that of principals, not of sureties. Hobart, Receiver, etc., v. Johnson, S Fed. Rep., 49S. 37. Such... | |
 | United States. Congress. House. Committee on Banking and Currency - 1897 - 626 pages
...one for another, for the contracts, debts, and engagements of said corporation to the extent of their stock therein at the par value thereof, in addition to the amount invested in such shares." It is a double liability. Mr. CALDKRHEAD. Yes, sir; 1 see now that-is the language. Now let me say... | |
 | South Dakota - 1897 - 446 pages
...liable for all contracts, debts and engagements of such corporation to the extent of the amount of their stock therein, at the par value thereof, in addition to the amount invested in such shares or stock; and such individual liabilities shall continue for one year after apy .transfer or sale of... | |
 | North Carolina - 1897 - 836 pages
...another for all contracts, debts and agreements of such association to the extent of the amounts of their stock therein at the par value thereof in addition to the amount invested in such share. Exemption heretofore granted repealed. Limit on amount to be loaned to one person, firm or corporation.... | |
 | Wisconsin - 1897 - 1350 pages
...of not one for another, for the benefit of the depositors in said bank, to the amount of their stock at the par value thereof, in addition to the amount invested in said stock. But persons holding stock as executors, administrators, guardians or trustees, and persons... | |
 | United States. Congress. House. Committee on Banking and Currency - 1898 - 748 pages
...responsible for all contracts, debts, and engagements of such association, each to the amount of his stock therein, at the par value thereof, in addition to the amount invested in such stock. The stockholders in any national banking association who shall have transferred their shares,... | |
 | United States. Dept. of the Interior - 1900 - 1040 pages
...insurance company accruing while they remain such stockholders, to the extent of the amount of their stock therein at the par value thereof, in addition to the amount invested in such shares. SEC. 16. Any president, director, manager, cashier, or other officer of any banking institution, who... | |
 | John Maxcy Zane - 1900 - 864 pages
...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 invested in such shares; except that shareholders of any banking association now existing under State laws, having not less... | |
 | South Dakota - 1901 - 472 pages
...liable for all contracts, debts and engagements of such corporation to the extent of the amount of their stock therein, at the par value thereof, in addition to the amount invested in such shares or stock : and such individual liabilities shall continue for one year after any transfer or sale of... | |
 | Ohio - 1902 - 1048 pages
...liable for all contracts, debts and engagements of such company, to the extent of the amount of their stock therein at the par value thereof, in addition to the amount invested in such shares. The trustees of all companies organized under this act shall, within six months after the incorporation... | |
| |
the extent of the amount of the stock therein, at the par value thereof, in addition to the amount invested In such shares. To permit a trust company to purchase shares of its own capital stock would permit it to impair the security intended for the benefit... 
