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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... "
The Federal Reporter - Halaman 589
1897
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Acts Passed by the General Assembly of Georgia

Georgia - 1850 - 460 halaman
...SECTION 7. If the Directors of the said company shall declare and pay a dividend when the corporation is insolvent, or any dividend the payment of which would render it insolvent, knowing such corporation to be insolvent, or the payment of such dividend would render it so, the Directors...
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Laws of the State of New York, Volume 2

New York (State) - 1867 - 1404 halaman
...dividend the payment of which would render it insolvent, or which would diminish the amount of its capital stock, they 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...
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The Law Journal for the Year 1832-1949: Comprising Reports of Cases in the ...

1856 - 532 halaman
...to be insolvent, or any dividend the payment of which would to their knowledge render it insolvent, they shall be jointly and severally liable for all the debts of the company then existing, and for all that shall be thereafter contracted, so long as they shall respectively...
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Merchants' Magazine and Commercial Review, Volume 18

1848 - 688 halaman
...dividend, the payment of which would render it insolvent, or which would diminish the amount of its capital stock, they 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...
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Merchants' Magazine and Commercial Review, Volume 18

1848 - 694 halaman
...Sec. 13. If the 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, or which would diminish ihe amount of its capital mock, they shall be jointly and severally liable for...
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The Law of Debtor and Creditor in the United States and Canada

James Philemon Holcombe - 1848 - 528 halaman
...4th. If the directors of any such corporation declare and pay any dividend when the corporation is insolvent, or any dividend the payment of which would render it insolvent, they will be jointly and severally liable for all the debts of the corporation then existing, and....
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Laws of the State of New York Passed at the Sessions of the Legislature

New York (State). Legislature - 1848 - 672 halaman
...of said corporation who shall consent to declare and pay any dividend when the said corporation is insolvent, or any dividend the payment of which would render it insolvent, shall be jointly and severally liable for all the debts of the company then existing, and for all that...
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Journal of the Franklin Institute

1848 - 966 halaman
...Sec. 14. If the directors 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, they shall be jointly anil severally liable for all the debts of the company then existing, and for...
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The Western Journal, of Agriculture, Manufactures, Mechanic Arts ..., Volume 1

1848 - 718 halaman
...dividend, the payment of which would render it insolvent, or which would diminish the amount of its capital stock, they shall be jointly and severally liable for all the debis of the company then existing, and for all that shall be thereafter contracted, while they shall...
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Laws

Illinois - 1849 - 452 halaman
...trustees of any such company shall declare and сазе of inaoi- pay any (iiv¡(jemi 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 stock, they shall be jointly and severally liable for...
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