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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... "
Laws - Side 163
av Illinois - 1857
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Acts of the Legislature of the State of Michigan, Volum 1

Michigan - 1850 - 964 sider
...pav P.vldendn ' r J any dividend when said company is insolvent, or wbich wonM render it iosolvent, they shall be jointly and severally liable for all the debts of said company then existing, and for all debts thereafter contracted, so long aa they shall respectively...
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Public and Local Acts of the Legislature of the State of Michigan

Michigan - 1850 - 584 sider
...declare and pay Dividen any dividend when said company is insolvent, or which would *ender it insolvent, they shall be jointly and severally liable for all the debts of said company then existing, and for all debts thereafter contracted, so long as they shall respectively...
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Acts of the State of Ohio

Ohio - 1851 - 196 sider
...represen- cate, <tc' tation, all the officers who shall have signed the same, knowing it to be false, shall be jointly and severally liable for all the debts of the company contracted while they are stockholders or officers thereof. SEC. 15. The stockholders of any company...
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Public and Local Acts of the Legislature of the State of Michigan

Michigan - 1851 - 434 sider
...be made to a stockholder such stockholder and the officers hrty siockholder. of gm-h company shall be jointly and severally liable for all the debts of the company contracted before the repayment of the sum so loaned. Any officer of any such corporation who shall...
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Statuts de la province du Canada

Canada - 1856 - 620 sider
...when such dividend or bonus* shall have been declared and which said dividend shall be paid, shall be jointly and severally liable for all the debts...they shall respectively continue in office ; Provided always that if any of such Managers, Directors or Trustees, shall object to the declaration of such...
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Michigan Reports: Cases Decided in the Supreme Court of Michigan, Volum 158

Michigan. Supreme Court, Randolph Manning, George C. Gibbs, Thomas McIntyre Cooley, Elijah W. Meddaugh, William Jennison, Hovey K. Clarke, Hoyt Post, Henry Allen Chaney, William Dudley Fuller, John Adams Brooks, Marquis B. Eaton, Herschel Bouton Lazell, James M. Reasoner, Richard W. Cooper - 1910 - 858 sider
...annual reports to be published within a certain time, for failure of which the trustees — " 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." Plaintiff brought suit against the warehouse company...
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Michigan Reports: Cases Decided in the Supreme Court of Michigan, Volum 112

Michigan. Supreme Court, Randolph Manning, George C. Gibbs, Thomas McIntyre Cooley, Elijah W. Meddaugh, William Jennison, Hovey K. Clarke, Hoyt Post, Henry Allen Chaney, William Dudley Fuller, John Adams Brooks, Marquis B. Eaton, Herschel Bouton Lazell, James M. Reasoner, Richard W. Cooper - 1898 - 802 sider
...liability of directors for defaults in making reports. The New York statute creates a liability for "all debts of the company then existing, and for all that shall be contracted before such report shall be made." The Colorado statute creates a liability for "all debts...
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The Mining Magazine: Devoted to Mines, Mining Operations ..., Volum 1

1853 - 690 sider
...dividend when the company is insolvent, or any dividend, the payment of which would render it insolvent, or which would diminish the amount of its capital...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 same,...
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Mining Magazine: Devoted to Mines, Mining Operations, Metallurgy & C

1853 - 688 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...company, then existing, and for all that shall be contracted before such report shall be made. § 13. If the trustees of any such company shall declare...
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Compiled Laws of the State of California: Containing All the Acts of the ...

California, Selucius Garfielde, Frederick A. Snyder - 1853 - 1108 sider
...any material representation, all the officers who have signed the same, knowing it to be false, shall be jointly and severally liable for all the debts of the company contracted while they are stockholders or officers hereof. (1) (1) For the general powers and duties...
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