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" The shareholders of every national banking association shall be held individually responsible, equally and ratably, and not one for another, for all contracts, debts and engagements of such association, to the extent of the amount of their stock therein,... "
Acts Passed by the General Assembly of Georgia - Halaman 197
oleh Georgia - 1880
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Reports Made to the Senate and House of Representatives of the ..., Volume 4

Illinois - 1889 - 716 halaman
...for the other, for all contracts, debts, and engagements of such person or association to the extent of their stock therein, at the par value thereof, in addition to the amount invested in such shares." It will be readily seen that the liability fixed in the act, as shown above, is different...
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National Bank Cases: Containing All Decisions of Both the Federal ..., Volume 3

Irving Browne - 1889 - 824 halaman
...and ratably, and not one for 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." We can conceive a state of facts to which this would not apply, even where one is a nominal shareholder....
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Acts and Resolves Passed by the ... Legislature of the State of Maine

Maine - 1889 - 776 halaman
...not one for the other, for all contracts, debts and engagements of said corporation to a sum equal to the extent of the amount of their stock therein at the par valuation thereof, in addition to the amount invested in such shares. SECT. 7. Said corporation, after...
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Reports of Cases Argued and Decided in the Supreme Court of ..., Volume 95

Georgia. Supreme Court - 1895 - 892 halaman
...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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Laws of the United States Relating to Currency, Finance, and Banking from ...

United States - 1891 - 332 halaman
...and ratably, and not one for another, for all contracts, debts, and engagements of such association to the extent of the amount of their stock therein...thereof, in addition to the amount invested in such shares. . . . [But shareholders of any banking association now existing under State laws, having not...
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Commentaries on the Law of Private Corporations: Whether with Or ..., Volume 1

Charles Fisk Beach (Jr.) - 1891 - 832 halaman
...and ratably and not one for another, for all contracts, debts and engagements of such association, to the extent of the amount of their stock therein,...thereof, in addition to the amount invested in such shares," includes a married woman, and her separate property can be lln re Contract Corporation, Baker's...
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Session Laws

South Dakota - 1891 - 392 halaman
...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 thereof, in addition to the amount invested in, and due on such shares. ยง19. CERTAIN LOANS PROHIBITED.] No association shall make any loans or discounts...
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United States Circuit Courts of Appeals Reports: With Key-number Annotations ...

1918 - 728 halaman
...a national bank shall be individually and ratably responsible for all debts and engagements of the bank to the extent of the amount of their stock therein...thereof, in addition to the amount invested in such shares. This is generally known as the "double liability" act. As to its effect upon a record holder...
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The General Banking Laws of the State of New York: Including the Banking Law ...

New York (State) - 1892 - 308 halaman
...and ratably, and not one for another, for all contracts, debts and engagements of such corporation to the extent of the amount of their stock therein...thereof, in addition to the amount invested in such shares. The term, stockholder, when used in this chapter, shall apply not only to such persons as appear...
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A Treatise on the Law of Private Corporations: Divided with ..., Volume 2

Thomas Carl Spelling - 1892 - 812 halaman
...and ratably, and not one for the other, for all contracts, debts and engagements of such association to the extent of the amount of their stock therein,...par value thereof in addition to the amount invested for such shares," is in conflict with Const. 11l. art. 11, sec. 6, which provides that " every stockholder...
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