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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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A Treatise on the Law of Private Corporations

Henry Osborn Taylor - Corporation law - 1898 - 978 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,...value thereof, in addition to the amount invested in the shares."1 An assessment of seventy per cent of the value of their shares was made on the shareholders...
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The New York Supplement, Volume 57

Law reports, digests, etc - 1899 - 1248 pages
...responsible, equally and ratably, and not one for another, for all contracts, debts, and engagements of the corporation, to the extent of the amount of their...in addition to the amount invested in such shares. The manifest purpose of the statute is to provide a fund, by contribution from all the stockholders,...
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Reports of Cases Determined in the Supreme Court of the State of ..., Volume 19

Washington (State). Supreme Court, Eugene Glenroy Kreider - Law reports, digests, etc - 1899 - 806 pages
...debts, and engagements of such corporation or association accruing, while they remain such stockholders, to the extent of the amount of their stock therein...in addition to the amount invested in such shares." Section 1511, 1 Hill's Code (Bal. Code, 4266), contains the following: " . . . Provided, that the...
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The New York Supplement, Volume 58

Law reports, digests, etc - 1899 - 1242 pages
...[banking] corporation shall be individually responsible, equally and ratably. and not one for another, for all contracts, debts and engagements of such corporation,...extent of the amount of their stock therein, at the par valutthereof, in addition to the amount invested in such shares. * * •" This section, as has repeatedly...
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General Laws of New York: Containing All Amendments to the Close ..., Volume 3

New York (State) - Law - 1900 - 862 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. In case any such corporation shall have been or shall be dissolved by final order or judgment of a...
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Civil Procedure Reports: Containing Cases Under the Code of ..., Volumes 1-30

Civil procedure - 1900 - 510 pages
...all the contracts, debts and engagements of the bank accruing while they remain such stockholders, to the extent of the amount of their stock therein,...in addition to the amount invested in such shares." They further provide for the appointment of a receiver by the Superior Court whenever a corporation...
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The Law of Banks and Banking: Including Acceptance, Demand and Notice of ...

John Maxcy Zane - Banking law - 1900 - 866 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 under State laws, having not less...
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Ohio Bar Examinations with Answers: Being All Questions Asked in the Six ...

Burnett, Howard D. - Bar examinations - 1922 - 438 pages
...and ratably, and not one for another, for all contracts, debts and engagements of such corporations, to the extent of the amount of their stock therein,...in addition to the amount invested in such shares. No corporation not organized under the laws of this state, or of the United States, or person, partnership...
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The University Studies of the University of Nebraska, Volumes 22-23

1922 - 540 pages
...debts and engagements of such corporation or association accruing while they remain such stockholders, to the extent of the amount of their stock therein...in addition to the amount invested in such shares." :1 Washington, XII, 12. A similar proposition in Montana was turned down. Weekly Oregonian, July...
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Digest of Legal Opinions of Thomas B. Paton: General Counsel of the American ...

Thomas Bugard Paton - Banking law - 1922 - 782 pages
...equally and ratably and not one for another, for all contracts, debts and engagements of such bank, to the extent of the amount of their stock therein,...thereof, in addition to the amount invested in such stock" * * *. This measures the extent of the liability of the stockholders. (Inquiry from Ark., Aug.,...
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