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" The shareholders of each association formed under the provisions of 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 ratably, and not one for another,... "
Acts Passed by the General Assembly of Georgia - Side 362
av Georgia - 1887
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Laws of the Territory of Utah Passed by the Legislative Assembly, Volum 28

Utah - 1888 - 264 sider
...SEC. 20. The shareholders of every bank- !£,*"" ing or savings association organized under this law shall be held individually responsible, equally and...another, for all contracts, debts and engagements of such association made or entered into to the extent of the amount of his stock therein at the par value...
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A Treatise on the Law of Banks and Banking, Volum 2

John Torrey Morse (Jr.) - 1888 - 712 sider
...(6) (5151.) Liability of Shareholders.2 — The shareholders of every national banking association shall be held individually responsible, equally and...for all contracts, debts, and engagements of such association, to 1 Van Allen ». The Assessors, 3 Wall. 573. See Lien on Shares, §§ 112, 112 a. 2...
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The American State Reports: Containing the Cases of General Value ..., Volum 3

Abraham Clark Freeman - 1888 - 978 sider
...137; so the liability is several under the national banking act, which provides that the stockholders "shall be held individually responsible, equally and ratably, and not one for another ": Kennedy v. Gibson, 8 Wall. 493, 505; United Slates v. Knox, 102 U S. 422; Bailey v. Sawyer, 4 Dill....
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Extracts from the Laws of the United States Relating to Currency and Finance

United States - 1889 - 90 sider
...this act, and of each existing bank or banking assoelation that may accept the provisions of this act, shall be held individually responsible, equally and...for all contracts, debts, and engagements of such association to the extent of the amount of their stock therein at the par value thereof, in addition...
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National Bank Cases: Containing All Decisions of Both the Federal ..., Volum 3

Irving Browne - 1889 - 824 sider
...the Revised Statutes provides that " the shareholders of every National banking association shall he held individually responsible, equally and ratably,...for all contracts, debts, and engagements of such association, to the extent of the amount of their stock therein, at the par value thereof, in addition...
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The National-Bank Act and Other Laws Relating to National Banks, from the ...

United States - 1889 - 120 sider
...shareholders of every national bank holders. ing association shall be held individually responsible, eqnalk and ratably, and not one for another, for all contracts, debts, and engagements of such association, to the extent of tin-, amount of their stock therein, at the par value thereof, û Exception...
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Acts and Resolves Passed by the ... Legislature of the State of Maine

Maine - 1889 - 776 sider
...holders of the notes thereof in preference to ull other creditors; the stockholders of the corporation shall be held individually responsible, equally and ratably, and not one for the other, for all the contracts, debts, and engagements of the corporation to the extent of the amount...
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Reports Made to the Senate and House of Representatives of the ..., Volum 4

Illinois - 1889 - 716 sider
...stockholders as follows: "The shareholders of each association formed under the provisions of this act, shall be held individually responsible equally and ratably, and not one for the other, for all contracts, debts, and engagements of such person or association to the extent of...
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Reports of Cases Argued and Decided in the Supreme Court of ..., Volum 95

Georgia. Supreme Court - 1895 - 892 sider
...another as sureties, to creditors of said corporation, for all contracts and debts of said corporation, to the extent of the amount of their stock therein at the par value thereof respectively at the time the debt was created, in addition to the amount invested in such shares. The...
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Commentaries on the Law of Private Corporations: Whether with Or ..., Volum 1

Charles Fisk Beach (Jr.) - 1891 - 832 sider
...statute.6 Thus the federal statute7 providing that "the shareholders of every national banking association shall be held individually responsible, equally and...another, for all contracts, debts and engagements of such association, to the extent of the amount of their stock therein, at the par value thereof, in addition...
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