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" ... shall be jointly and severally liable for all the debts of the company then existing, and for all that shall be thereafter contracted, while they shall respectively continue in office... "
Richmond's Book of Legal Forms and Law Manual: For the Legal Transaction of ... - Side 432
av Wellington Harrison Richmond - 1854 - 600 sider
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Select Cases and Other Authorities on the Law of Private Corporations

Edward Henry Warren - 1909 - 736 sider
...and that, if any of said companies shall fail so to do, all the stockholders of said company shall be jointly and severally liable for all the debts of the company then existing. It appeared that one, at least, of the creditors, Elizabeth Warren, made a loan to the Companj-, relying...
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The Law of Illinois Corporations: Including Decisions, Statutes and Forms ...

Rodolphus Waite Joslyn - 1910 - 646 sider
...as to — Chap. 32. shall declare and pay any dividends when such corporation is insolvent, or any dividend the payment of which would render it insolvent,...which would diminish the amount of its capital stock, all directors, officers or agents assenting thereto shall be jointly and severally liable for all the...
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... Report of the Joint Committee of the Senate and Assembly of the State of ...

New York (State). Legislature. Joint Committee to Investigate Telephone and Telegraph Companies - 1910 - 364 sider
...dividend when the corporation is insolvent or any dividend the payment of which would render it insolvent, they shall be jointly and severally liable for all the debts of the corporation then existing and for all that shall be thereafter contracted as long as they respectively...
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Documents of the Senate of the State of New York, Volum 24

New York (State). Legislature. Senate - 1910 - 380 sider
...statement of the condition of such corporation. dividend the payment of which would render it insolvent, they shall be jointly and severally liable for all the debts of the corporation then existing and for all that shall be thereafter contracted as long as they respectively...
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Handbook on the Construction and Interpretation of the Laws

Henry Campbell Black - 1911 - 776 sider
...under its provisions, and provided that, in case of failure to make such report, the trustees should be jointly and severally liable "for all the debts...the company then existing and for all that shall be contracted before such report shall be made." This language was broad enough to include debts due from...
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Pacific States Reports: Extra Annotated, Bok 22

1911 - 2152 sider
...carried on ; and if any of said companies shall fail so to do, all the trustees of the company shall be jointly and severally liable for all the debts...the company then existing, and for all that shall be contracted before such report shall be made." This section is identical with section twelve, page 57,...
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The National-bank Act, as Amended: With Other Laws Relating to National Banks

United States - 1911 - 184 sider
...against such company, they shall be jointly ^08stat' L-' and severally l1able as guarantors for all of the debts of the company then existing, and for all...thereafter contracted, while they shall, respectively, remain in office. SEC. 740. If any of the directors or trustees shall object lg^ct s^-2^: to declaring...
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The Northwestern Reporter, Volum 140

1913 - 1266 sider
...declare and pay any dividends, when such corporation is known by them to be Insolvent, or any dividends, the payment of which would render It insolvent or...which would diminish the amount of its capital stock, all directors, officers, or agents knowingly consenting thereto shall be jointly and severally liable...
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Investigation of Insurance Companies and Office of Commisioner ..., Volumer 8-17

United States. Congress. House. Committee on the District of Columbia - 1913 - 720 sider
...headed "Dividends": If the trustees of any company shall declare and pay any dividend, the paymeut of which would render it insolvent, or which would diminish the amount of the capital stock, they shall be jointly and severally liable for all of the debts of the company then...
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Encyclopedia of Iowa Law: Being a Plain Statement of the Law of Iowa So Far ...

Ezra Christian Ebersole - 1914 - 1698 sider
...corporation shall declare and pay any dividend when such corporation is known by them to be insolvent, or any dividend the payment of which would render it insolvent,...which would diminish the amount of its capital stock, all directors, officers or agents knowingly consenting thereto shall be jointly and severally liable...
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