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
| United States - 1945 - 928 pages
...liability of shareholders. — Shareholders of every joint-stock land bank organized under this chapter § 1134k. Ownership of stock by associations borrowing...bank's guaranty fund by associations not authorized to bank to the extent of the amount of stock owned by them at the par value thereof, in addition to the... | |
| Illinois. Supreme Court - 1889 - 786 pages
...BANKING LAW OF 1887. Continued. shareholders of each association formed Tmder the provisions of this act shall be held individually responsible, equally and ratably, and not one for the other, for all contracts, debts and engagements of such person or association, to the extent of... | |
| North Dakota. Supreme Court, Hiram A. Libby, Robert Milligan Carothers, Robert Dimon Hoskins, Edgar Whittlesey Camp, John McDowell Cochrane, Ames Francis Wilbur, Joseph Coghlan, Edwin James Taylor - 1921 - 758 pages
...that the shareholders of every banking association organized under the laws of this state "shall be individually responsible, equally and ratably, and...contracts, debts and engagements of such association made or entered into to the extent of the amount of his stock therein at the par value thereof, in... | |
| United States. Congress. Senate. Committee on Banking and Currency - 1956 - 468 pages
...of the Federal Reserve Act (12 USC 502> provides : "The shareholders of every Federal Reserve bank shall be held individually responsible, equally and...for all contracts, debts, and engagements of such bank to the extent of the amount of their subscriptions to such stock at the par value thereof in addition... | |
| United States. Congress. Senate. Committee on Banking and Currency - 1956 - 238 pages
...2 of the Federal Reserve Act (12 USC502) provides: "The shareholders of every Federal Reserve bank shall be held individually responsible, equally and...for all contracts, debts, and engagements of such bank to the extent of the amount of their subscriptions to such stock at the par value thereof in addition... | |
| United States. Supreme Court - 1922 - 1432 pages
...shall have the same voting privileges as the holders of shares in national banking associations, and shall be held individually responsible, equally and...for all contracts, debts, and engagements of such bank to the extent of the amount of stock owned by them at the par value thereof, in addition to the... | |
| United States. Supreme Court - 1885 - 1230 pages
...shares." This provision was changed in 1864, and has teen since and is now in force in these terms: The shareholders of every national banking association...held individually responsible, equally and ratably, andiiot one for another, for all contracts, debts and engagements of such association, to the extent... | |
| United States Congress. House. Banking and Currency Committee - 1958 - 908 pages
...payments to bo in gold or gold certificates. The shareholders of every Federal reserve bank shall bo held individually responsible, equally and ratably, and not one for another, for nil contracts, debts, and engagements of such bank to the extent of the amount of their subscriptions... | |
| United States. Congress. House. Committee on Banking and Currency - 1960 - 370 pages
...provides — Liability of shareholders of Reserve banks : The shareholders of every Federal Reserve bank shall be held individually responsible, equally and...for all contracts, debts, and engagements of such bank to the extent of the amount of their subscriptions to such stock at the par value thereof. in... | |
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