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" ... shall be individually responsible to the amount of their respective share or shares of stock in any such corporation or association, for all its debts and liabilities of every kind, contracted after the said first day of January, one thousand eight... "
Journal of the Constitutional Convention of the State of Michigan - Side 746
av Michigan. Constitutional Convention - 1867 - 942 sider
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NEW YORK CONVENTION MANUAL,

FRANKLIN B. HOUGII - 1867 - 604 sider
...shall be deposited with the State Treasurer, for the redemption of such bills or notes in specie. § 5. In case of the insolvency of any bank or banking association,...over all other creditors of such bank or association. § 6. The Legislature shall pass no law authorizing or sanctioning the suspension of specie payments...
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Journal, Volum 2

Michigan. Legislature. Senate - 1867 - 1016 sider
...special act, except for municipal purposes." Section 8, of article 15, of the constitution declares; "The Legislature shall pass no law altering or amending any act of incorporation heretofore granted, without the assent of twothirds of the members elected to each house; nor shall...
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Constitution of the State of New York: Adopted in 1846 : with a Comparative ...

New York (State) - 1867 - 254 sider
...kind, contracted after the said first day of January, one 7 thousand eight hundred and fifty. 1 S 8- In case of the insolvency of any bank or banking association, the bill2 holders thereof shall be entitled to preference in payment over all other creditors 3 of such...
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General Laws of the State of Minnesota

Minnesota - 1868 - 554 sider
...which circu... ...--lating notes shall have been issued under this chapter, holders thereof Jif any) shall be entitled to preference in payment- over all other creditors of such bank. .. ".*""•."• desirous of relinquishing the banking business, notifies the **•. " state auditor...
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Documents of the Convention of the State of New York, 1867-'68, Volum 5

New York (State). Constitutional Convention - 1868 - 1132 sider
...same in specie. No law shall be passed authorizing or sanctioning the suspension of specie payments. In case of the insolvency of any bank or banking association, the bill holders thereof shall be entitled to preference in payment over all other creditors. SECTION 5....
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Constitution of the State of North-Carolina: Together with the Ordinances ...

North Carolina. Constitutional Convention - 1868 - 638 sider
...stock in any such corporation or association for all its debt and liabilities of every kind. SEC. 8. In case of the insolvency of any bank or banking association, the bill holders thereof shall be entitled to preference in payment over all other creditors of such bank...
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Proceedings and Debates of the Constitutional Convention of the ..., Volum 2

New York (State). Constitutional Convention - 1868 - 1096 sider
...amendment: . The SECRETARY proceeded to read the amendment:* Amend section 5 by adding thereto : " In case of the insolvency of any bank or banking association, the billholde rs thereof shall be entitled to preference in payment over all other creditors of such bank...
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A General Digest of the Law of Corporations: Presenting the American ...

Benjamin Vaughan Abbott, Austin Abbott - 1869 - 1028 sider
...provisions as to liability of stockholders, see supra, 30-36. 47. Preference of bill-holders. "Incase of the insolvency of any bank or banking association,...all other creditors of such bank or association." .Л". }' Ci>n*t. r,f 1846, art 8, § 8; Afich. Cone/, of 1850, art. 15, g 6; La. Const, of 1864, art....
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The Amended Constitution of the State of New York, Adopted by the Convention ...

New York (State) - 1869 - 184 sider
...specie payments. insolvency of In case of the insolvency of any bank or banking association, preference, the bill-holders thereof shall be entitled to preference in payment over all other creditors. . individnal SEC. 5. The stockholders in every corporation and joint-stock responsibility of • ,...
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Journal of the House of Representatives of the State of Michigan, Volum 2

Michigan. Legislature. House of Representatives - 1869 - 928 sider
...had taken place. And also that section eight, of article 15, of the constitution, declaring " That the Legislature shall pass no law altering or •amending any act of incorporation heretofore granted, without the assent of two-thirds of the members elected to each house, nor shall...
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