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Bøker Bok 8190 av 194... shall be jointly and severally liable for all the debts of the company then existing,...
" ... 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 450
av Wellington Harrison Richmond - 1854 - 600 sider
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Reports of Cases Argued and Determined in the Superior Court of the City of ...

James M. Sweeny - 1871
...publish a report of their financial condition ; and, upon failure to do so, all the trustees " shall be jointly and severally liable for all the debts of the company then existing," etc. The statute has uniformly been held to create a liability, which is in the nature of a penalty,...
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Practice Reports in the Supreme Court and Court of Appeals, Volum 42

Nathan Howard - 1871
...Upon the default of the company to report, all the Vincent a^r. Sandg. trustees then in office are jointly and severally -liable for all the debts of the company then existing, whether contracted by them or their predecessors, and for all that may be subsequently contracted during...
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Laws Passed by the ... Legislature of the State of Texas

1866
...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 shall respectively...
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Acts, Resolutions and Memorials, of the Territory of Montana, Passed by the ...

Montana - 1872
...trustees of any such company shall declare and pay any dividend when the company is insolvent, or any dividend the payment of which would render it insolvent,...shall respectively continue in office : Provided, That, if any of the trustees shall object to the declaring of such dividend, or to the payment of the...
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Laws, Resolutions, and Memorials of the Territory of Montana Passed at the ...

Montana (Ter.) - 1872
...trustees of any such company shall declare and pay any dividend when the company is insolvent, or any dividend the payment of which would render it insolvent,...shall respectively continue in office : Provided, That, if any of the trustees shall object to the declaring of such dividend, or to the payment of the...
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Journal of the Senate of the General Assembly, Volum 27,Del 2

Illinois. General Assembly. Senate - 1872
...any st»ck corporation shall declare and pay any dividend when such corporation is insolvent, or any dividend the payment of which would render it insolvent, or which would diminish the amount of its ctpital stock, all directors, officers or agents assenting thereto, shall be jointly and severally...
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Laws

Illinois - 1872
...shall declare and pay any dividend when snch corporation is insolvent, or any dividend the payment ot which would render it insolvent, or which would diminish the amount of its capital stock, all directors, officers or agents assenting thereto, shall be jointly and severally liable for all...
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The General Statutes of the State of Rhode Island and Providence Plantations ...

Rhode Island - 1872 - 770 sider
...administration it shall happen shall be jointly and severally liable, to the extent of such excess, for all the debts of the company then existing, and for all that shall be contracted, as long as they shall respectively continue in office, and until the debts shall be reduced...
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Reports of Practice Cases, Determined in the Courts of the State ..., Volum 11

Austin Abbott - 1872
...Vincent ». Sands. I. Upon the default of the company to report, all the trustees then in office are jointly and severally liable for all the debts of the company then existing, whether contracted by them or their predecessors, and for all that may be subsequently contracted during...
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Public and Local Acts of the Legislature of the State of Michigan, Volum 1

Michigan - 1872
...shall declare or pay any dividend when the company is insolvent, or the payment of which would fender it insolvent, or •which would diminish the amount of its capital stock, they, and all stockholders who shall knowingly accept or receive such dividend, shall be jointly and severally...
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