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" In case of excess, the directors under whose administration it shall happen, shall be liable for the same in their natural and private capacities ; and an action of debt may in such case be brought against them, or any... "
Laws of the State of New York - Halaman 234
oleh New York (State) - 1813
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The Journal of Political Economy, Volume 4

1896 - 608 halaman
...for a definite time, and such permission shall only extend to such period of time ; and in case of excess, the directors under whose administration it...shall happen, shall be liable for the same in their individual and private capacities, in an action of debt against them, or any of them, in any court...
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Studies in Sociology, Economics, Politics and History, Volume 2

1900 - 400 halaman
...times the sum of the capital stock subscribed and actually paid into the said bank; and in case of excess, the directors under whose administration it...liable for the same in their separate and private capacities: provided, the bank shall not be able to pay its liabilities; and provided, also, that this...
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The Granite Monthly: A Magazine of Literature, History and State ..., Volume 29

Henry Harrison Metcalf, John Norris McClintock - 1900 - 470 halaman
...amount of monies deposited in said bank for safe keeping; and. in case of any excess, the President and directors under whose administration it shall happen shall be liable for the payment of the same in their private capacity, but this shall not be construed to exempt said corporation...
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History of Coinage and Currency in the United States and the ..., Volume 10

Alonzo Barton Hepburn - 1903 - 692 halaman
...of any greater debt shall have been previously authorized by a law of the United States. In case of excess, the directors, under whose administration...shall happen, shall be liable for the same, in their natural and private capacities ; and an action of debt may, in such case, be brought against them,...
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History of Coinage and Currency in the United States and the ..., Volume 10

Alonzo Barton Hepburn - 1903 - 696 halaman
...contract, (credits for deposits excepted,) shall never exceed the amount of its capital stock. In case of excess, the directors, under whose administration it shall happen, shall be liable for it in their private or separate capacities. Those who may have dissented may excuse themselves from...
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The Maryland Code, Public General Laws, Codified, Volume 1

Maryland - 1904 - 1280 halaman
...shall not be considered as the debts of the bank within the provisions of this clause ; and in cases of excess, the directors under whose administration it...shall happen shall be liable for the same in their natural and private capacities, and an action may, in such cases, be brought against them, or any of...
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Corporation Law of Maryland

Maryland - 1908 - 390 halaman
...shall not be considered as the debts of the bank within the provisions of this clause; and in cases of excess, the directors under whose administration it...shall happen shall be liable for the same in their natural and private capacities, and an action may, in such cases, be brought against them, or any of...
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The Statutes at Large of Pennsylvania from 1682 to 1801, Volume 14

Pennsylvania, James Tyndale Mitchell, Henry Flanders - 1909 - 580 halaman
...contracting of any greater' debt shall have been previously authorized by a law of the state. In case of excess, the directors, under whose administration...shall happen, shall be liable for the same in their natural and private capacities, and an action of debt may in such case~be brought against them, or...
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History of Crises Under the National Banking System

Oliver Mitchell Wentworth Sprague - 1910 - 834 halaman
...previously authorized R emedy by law of the United States. In case of excess, the directors under rector's under whose administration it shall happen, shall be liable for the same in who«- adminis- tneir natural and private capacities: and an action of debt may in trat1on an ex- '...
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Cyclopedia of the Law of Private Corporations, Volume 4

William Meade Fletcher - 1918 - 1364 halaman
...Dissenting or absent directors. In Georgia, a charter provided that, in case of debts beyond the debt limit, ''the directors under whose administration it shall happen, shall be liable for the same, in their private and individual capacities." The Supreme Court held that thereunder absent and dissenting directors...
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