...stockholders jointly f <r contribution, nnd a single stockholder could not be sued by a single creditor. The Individual liability of stockholders in a corporation...creature of statute. It does not exist at common law. If the object is to provide a fund out of which all creditors are to be paid share and share alike,...

...brought this writ of error. Further facts appear in the opinion of the court. Opinion by WAITE, CJ The individual liability of stockholders in a corporation...precise language of the statute under consideration. The remedy must always be such as is appropriate to the liability to be enforced. The statute which...

...in Terry v. Little, 101 U. S. 5?17 : " The individual liability of stockholders in a corporation 19 always .a creature of statute. It does not exist at...precise language of the statute under consideration * * * Undoubtedly, under the provisions of some charters, suits at law may be maintained by one creditor...

...Statutory liability — (a) Parties plaintiff.— "The first thing to be determined in all such cases is, what liability has been created. There will always...precise language of the statute under consideration. The remedy must always be such as is appropriate to the liability to be enforced. The statute which...

...Law Timeo, sponsibility of the stockholders is inconsistent with the nature of a body corporate.1 It is always a creature of statute. It does not exist at common law ; 2 nor can it be created by a 182; 44 Law Times, 829; 43 Law Times, 2, 97, 192, 194 ; 42 Law Times,...

...transactions, while section 457 creates the liability. In Terry v. Little, 101 US 216, Chief Justice Waite said : "The individual liability of stockholders in...cases is, therefore, what liability has been created?" In Camden v. Stuart, 144 US 104, 12 Sup. Ct. 585, Justice Brown clears up evident misapprehension of...

...tribunal.2 Giving the opinion of the Federal Supreme Court in Terry v. Little,3 Chief Justice Wai to said: "The individual liability of stockholders in...statute. It does not exist at common law. The first tiling to be determined in all such cases is, therefore, what liability has been created. There will...

...unpaid subscriptions of stock. In the case of Terry v. Little, 101 US 216, the supreme court say: " The individual liability of stockholders in a corporation...creature of statute. It does not exist at common law. It will be seen that, while that was a different proceeding from that now presented in this case, there...

...individual liability of stockholders in a corporation is always a creature of statute. It does not exist ait common law. The first thing to be determined in all...cases is, therefore, What liability has been created?" In Camden v. Stuart, 144 US 104, Justice Brown clears up evident misapprehension of the former decisions...

...transactions, while section 457 creates the liability. In Terry v. Little, 101 US 216, Chief Justice Waite said: "The individual liability of stockholders in...is always a creature of statute. It does not exist art; common law. The first thing to be determined in all such cases is, therefore, What liability has...