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" ... 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 at the par value thereof, in addition to the amount... "
The Federal and State Constitutions, Colonial Charters, and Other Organic ... - Page 3387
edited by - 1909
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Session Laws

South Dakota - Session laws - 1891 - 392 pages
...fully closed, but the legislature may provide by general law for the reorganization of such banks. I 3. The shareholders or stockholders of any banking...sale of stock by any stockholder or stockholders. ARTICLE XIX. CONGRESSIONAL AND LEGISLATIVE APPORTIONMENT. I 1. Until otherwise provided by law, the...
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Commentaries on the Law of Private Corporations: Whether with Or ..., Volume 1

Charles Fisk Beach (Jr.) - Corporation law - 1891 - 834 pages
...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,...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 Case,...
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Acts and Resolves Passed by the ... Legislature of the State of Maine

Maine - Law - 1891 - 966 pages
...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...in addition to the amount invested in such shares. SECT. 12. Every director of this corporation who shall Liability of dlrcctora. knowingly violate, or...
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Laws of the United States Relating to Currency, Finance, and Banking from ...

United States - Banking law - 1891 - 332 pages
...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...in addition to the amount invested in such shares. . . . [But shareholders of any banking association now existing under State laws, having not less than...
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The General Banking Laws of the State of New York: Including the Banking Law ...

New York (State) - Banking law - 1892 - 308 pages
...every such corporation shall be individually responsible, equally and ratably, and not one for another, for all contracts, debts and engagements of such corporation...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 by...
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A Treatise on the Law of Private Corporations: Divided with ..., Volume 2

Thomas Carl Spelling - Corporation law - 1892 - 812 pages
...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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Reports of Cases Decided in the Supreme Court of the State of ..., Volume 39

South Dakota. Supreme Court - Court rules - 1918 - 804 pages
...as between themselves, are primarily, and which secondarily, liable. Such section reads as follows : "The shareholders or stockholders of any banking corporation...sale of stock by any stockholder or stockholders." It will be seen that the trial court held that there was a double liability. He entered judgment against...
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Private Laws of the State of North-Carolina Passed by the General Assembly

North Carolina - Session laws - 1905 - 1116 pages
...responsible. Liability of atockequally and ratably. and not one for another, for all contracts. noldersdebts and engagements of such corporation to the extent...in addition to the amount invested in such shares. SEC. 23. That as soon as ten thousand dollars shall l>e paid in. When business to in cash, the said...
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Reports of Cases Argued and Adjudged in the Supreme Court of the District of ...

Franklin Hubbell Mackey, District of Columbia. Supreme Court - Law reports, digests, etc - 1883 - 636 pages
...and ratably, and not oue for another, for all contracts, debts and engagements of such association to the extent of the amount of their stock therein...in addition to the amount invested in such shares. At common law, except in several well known cases, a married woman could not bind herself by contracts,...
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Hand-book for Bank Officers

George Mathewes Coffin - Banks and banking - 1893 - 186 pages
...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,...in addition to the amount invested in such shares; except that shareholders of any banking association now existing underState laws, having not less than...
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