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" 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 and severally liable for all the debts of the company then existing... "
Statutes of the Province of Quebec Passed in the Session Held in the ... - Halaman 176
oleh Québec (Province). - 1908
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Laws of the State of New York, Volume 2

New York (State) - 1867 - 1404 halaman
...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 continue in office. Provided, that...
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The Statutes of Nova Scotia

Nova Scotia - 1859
[ Maaf, isi halaman ini tidak dapat ditampilkan ]
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The Law Journal for the Year 1832-1949: Comprising Reports of Cases in the ...

1856 - 532 halaman
...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 continue in office: Provided...
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Acts of the General Assembly of the State of New Jersey

New Jersey - 1842 - 1396 halaman
...any of the said companies shall fail so to do, all the stockholders of the company shall be jointly and severally liable for all the debts of the company then existing, and for all that shall be contracted before such notice shall be given. 26. And be it enacted, That if the directors...
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Acts of the General Assembly of the State of New Jersey

New Jersey - 1847 - 954 halaman
...of said companies shall fail so to do, the president and directors of such company shall be jointly and severally liable for all the debts of the company then existing. 25. And be it enacted, That if the directors of any such renaitj for company shall declare and pay...
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Merchants' Magazine and Commercial Review, Volume 18

1848 - 688 halaman
...and if any of said companies shall fail so to do, ail die trustees of the company shall be jointly and severally liable for all the debts of the company, then existing, and for all that shall be contracted before snch report shall be made. Sec. 13. If the trustees of any such company...
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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
...would render it insolvent, or •which would reduce the amount of their capital, 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 continue in office; Provided,...
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Journal of the Franklin Institute

1848 - 966 halaman
...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 all that shall be thereafter contracted, so long as they shall respectively remain in office: Provided,...
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Laws

Illinois - 1849 - 452 halaman
...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 lor all that shall be thereafter contracted, while they shall reProriso. speclively continue in office;...
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Acts

Tennessee - 1850 - 698 halaman
...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 ail that shall be thereafter contracted, while they shall respectively continue in office; Provided,...
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