 The shareholders or stockholders of every banking or insurance corporation or association shall be held individually responsible, equally and ratably, and not one for another, for all contracts, debts, and engagements of such corporation or association,...  Hand-book for Bank Officers - Page 10by George Mathewes Coffin - 1893 - 107 pagesFull view - About this book
 | Irving Browne - 1880 - 638 pages
...all the rights and liabilities of the prior holder of the shares, among which is that shareholders shall be held individually responsible equally and...ratably, and not one for another, for all contracts and engagements of such association to the extent of the amount of their stock therein, at the par... | |
 | 1900 - 2044 pages
...Revised Statutes of the United States provides as follows: The shareholders of every national hanking association shall be held Individually responsible,...equally and ratably and not one for another, for all ' atracts. debts, and engagements of such association, to the extent of the amount of their stock therein,... | |
 | United States. Circuit Court (5th Circuit), William Burnham Woods - 1880 - 844 pages
...all the rights and liabilities of the prior holder of the shares, among which is that shareholders shall be held individually responsible equally and...ratably, and not one for another, for all contracts and engagements of such association to the extent of the amount of their stock therein, at the par... | |
 | 1881 - 496 pages
...shares." This provision was changed in 1864, and has been since, and is now in force, in these terms: " The shareholders of every national banking association...shall be held individually responsible, equally and raUibly, und not one for another, for all contracts, debts and engagements of such association, to... | |
 | John Joseph Lalor - 1882 - 870 pages
...has been collected from this source. The law provides that the shareholders of every national bank shall be held individually responsible, equally and...another, for all contracts, debts and engagements of the association, to the extent of the amount of their stock therein, at the par value thereof, in addition... | |
 | Massachusetts - 1882 - 880 pages
...of corporation. Real estate. Capital stock. Transfer of stock. be held individually liable, equalty and ratably, and not one for another, 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... | |
 | 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... | |
 | 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*... | |
 | United States. Supreme Court - 1883 - 1004 pages
...this act, and of each existing bank or banking association that may accept the provisions of this act, shall be held individually responsible, equally and ratably, and not one for another, gfor all contracts, debts, and engagements of such association, to the extent of * thc'amouut of their... | |
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