...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...their stock therein, at the par value thereof, in addi- I a«; i / tion to the amount invested in said shares." The answer sets forth that Johnson became...

...The Legislature saw fit In 1004 to change the statute so that now such stockholders are only liable "to the extent of the amount of their stock therein...thereof, in addition to the amount invested in such stock." So that hereafter the liability will not exceed that of stockholders in banking companies,...

...equallv and ratably, and not one for another, for all contracts, debts, and engagements, to the extent or amount of their stock therein, at the par value thereof,...in addition to the amount invested in such shares ; and that estates and funds in the hands of executors of persons holding stock shall be liable, in...

...chosen by the board of directors, shall be president of the board. 19. The shareholders of every state banking association shall be held individually responsible...in addition to the amount invested in such shares. 20. Persons holding stock as executors, administrators, guardians, or trustees shall not be personally...

...and ruiably, aud not one for the other, for all contracts, debts and engagements of such person or association to the extent of the amount of their stock...in addition to the amount invested in such shares, and it is hereby made the duty of the president and cashier within thirty days after organization to...

...every national banking association are individually responsible, equally and ratably, and not for one another, for all contracts, debts, and engagements...the extent of the amount of their stock therein, at par value, in addition to the amount invested in such shares ; but shareholders of any banking association,...

...any debts ity- of the bank to the full extent of their unpaid shares or the balance due thereon, and shall be held individually responsible equally and...another, for all contracts, debts and engagements of such bank to the extent of the amount of their stock, therein at the par value thereof, in addition to the...

...and appellees. * 'MATTHEWS, J. Section 5151 of the Revised Statutes provides that "the •hareholders of every national banking association shall be held...equally and ratably, and not one for another, for all contracter debts, and engagements of such association, to the extent of the amount of their stuck therein,...

...is worded somewhat differently. It provides that the shareholders of national banking associations shall be held "individually responsible, equally and...and not one for another, for all contracts, debts," etc. At the time our constitutional amendment was formulated, its authors must have been familiar with...

...provisions of the statute which declare that the shareholders of national banking associations shall be individually responsible, equally and ratably, and...another, for all contracts, debts and engagements, to the extent or amount of their stock therein, at the par value thereof, in addition to the amount...