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" ... every person becoming a shareholder by such transfer shall, in proportion to his shares, succeed to all the rights and liabilities of the prior holder of such shares, and no change shall be made in the articles of association by which the rights,... "
The Central Law Journal - Halaman 126
1878
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Albany Law Journal, Volume 15

1877 - 558 halaman
...amount of stock held by them, and enacts that every person becoming a shareholder by transfer shall succeed to all the rights and liabilities of the prior holder of such shares. After a careful examination of the authorities cited in the argument, we are of opinion that persons...
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Laws of the United States Relating to Loans and the Currency, Since 1860

United States - 1878 - 310 halaman
...in such manner as may be prescribed in the by-laws Transfer. or articles of association ; and every person becoming a shareholder by such transfer shall,...succeed to all the rights and liabilities of the prior in^CTelutore^not no^er of such shares, and no change shall be made in the tobe impaired, articles of...
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National Bank Cases: Containing All Decisions of Both the Federal and State ...

Isaac Grant Thompson - 1878 - 1018 halaman
...amount of stock held by them, and enacts that every person, becoming a shareholder by transfer, shall succeed to all the rights and liabilities of the prior holder of such shares. After a careful examination of the authorities cited in the argument, we are of opinion that persons...
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The Writings of Albert Gallatin, Volume 3

Albert Gallatin - 1879 - 668 halaman
...liability of the association shall be enforced only against the joint property of the association. No change shall be made in the articles of association by which the rights, remedies, or security of its existing creditors shall be weakened or impaired. The original certificate filed with...
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The Federal Reporter, Volume 8

1881 - 956 halaman
...association in such manner as may be prescribed in the by-laws or articles of association ; and every person becoming a shareholder by such transfer shall,...and liabilities of the prior holder of such shares. * * * The shareholders of each association formed under the provisions of this act * * * shall he held...
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Cases Argued and Determined in the Circuit Courts of the United ..., Volume 3

United States. Circuit Court (5th Circuit), William Burnham Woods - 1880 - 844 halaman
...the association in such manner as may be prescribed in the by-laws or articles of association. Every person becoming a shareholder by such transfer shall,...the rights and liabilities of the prior holder of said shares." Xow, according to the averments of the bill, Moore & Janney became the transferees of...
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National Bank Cases: Containing All Decisions of Both the Federal ..., Volume 2

Irving Browne - 1880 - 638 halaman
...the association in such manner as may be prescribed in the by-laws or articles of association. Every person becoming a shareholder by such transfer shall,...the rights and liabilities of the prior holder of said shares." Now, according to the averments of the bill, Moore & Janney, became the transferees of...
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The Federal Reporter: Cases Argued and Determined in the ..., Volume 17-18

1883 - 1914 halaman
...by-laws or articles of association," and every person becoming a shareholder by such transfer, "shall succeed to all the rights and liabilities of the prior holder of such shares;" and the provisions of the law require lists of the shareholders to be kept by the bank, which list shall...
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Commercial Precedents Selected from the Column of Replies and Decisions of ...

Charles Putzel, H. A. Bähr - 1881 - 656 halaman
...circumstances could be recovered by him from his vendee. The National Banking act itself declares that " every person becoming a shareholder by such transfer shall,...and liabilities of the prior holder of such shares." Where no such by-law as we have quoted exists, no doubt the transferee would be liable in the first...
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Commercial Precedents Selected from the Column of Replies and Decisions of ...

Charles Putzel, H. A. Bähr - 1881 - 602 halaman
...vendee. The National Banking act itself declares that " every person becoming a shareholder by sueh transfer shall, in proportion to his shares, succeed...and liabilities of the prior holder of such shares." Where no such by-law as we have quoted exists, no doubt the transferee would be liable in the first...
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