 | William Lyman Fawcett - Finance - 1876 - 300 pages
...its business and wind up its affairs under the provisions of chapter four of this Title. (SEC. 5152.) Persons holding stock as executors, administrators, guardians, or trustees, shall not be personally subject to any liabilities as stockholders; but the estates and funds in their hands shall be liable... | |
 | William Lyman Fawcett - Finance - 1877 - 302 pages
...its business and wind up its affairs under the provisions of chapter four of this Title. (SEC. 5152.) Persons holding stock as executors, administrators, guardians, or trustees, shall not be personally subject to any liabilities as stockholders; but the estates and funds in their hands shall be liable... | |
 | William Saunders - History - 1879 - 436 pages
...private estates of trustees are not responsible, as in this country, as the National Bank Act distinctly provides that " persons holding stock, as executors,...guardians, or trustees, shall not be, personally, subject to any liabilities as stockholders ; but the estates and funds in their hands shall be liable."... | |
 | Law reports, digests, etc - 1884 - 1902 pages
...stress is also laid in this case upon the succeeding section, which reads as follows : "Sec. 5152. Persons holding stock as executors, administrators, guardians, or trustees, shall not be personally subject to any liability as stockholders; but the estate and funds in their hands shall be liable in... | |
 | Irving Browne - National banks (United States). - 1880 - 638 pages
...406. 471,654; ante, 113-160. Executors, trustees, etc,, not personally liable. — 34. (SEC. 5152.) Persons holding stock as executors, administrators, guardians or trustees shall not be personally subject to any liabilities as stockholders; but the estates and funds in their hands shall be liable... | |
 | Vermont. Supreme Court - Law reports, digests, etc - 1885 - 748 pages
...to the extent of the amount of their stock therein, at the par value thereof." RS s. 5151. Again: " Persons holding stock as executors, administrators, guardians, or trustees, shall not be personally subject to any liability as stockholders," but the estate in their hands is liable instead. Sec. 5152.... | |
 | Electronic journals - 1915 - 880 pages
...337 (1879). 7 LORING, TRUSTEE'S HANDBOOK, 27. See, for example, US REV. STATS., § 5152, providing that " Persons holding stock as executors, administrators, guardians, or trustees shall not be personally subject to any liability as stockholders; but the estates and funds in their hands shall be liable... | |
 | A.S. Pratt & Sons - Banking law - 1886 - 252 pages
...deficiency in the assets. * 34. Executors, Trustees, &c., not Personally Liable. SECTION 5152. — Persons holding stock as executors, administrators, guardians, or trustees, shall not be personally subject to any liabilities as stockholders ; but the estates and funds in their hands shall be liable... | |
 | Virginia - Law - 1899 - 724 pages
...their stock therein at the par value thereof, in addition to the amount invested in such shares. 20. Persons holding stock as executors, administrators, guardians, or trustees shall not be personally subject to any liabilities as stockholders, but the estates and funds in their hands shall be liable... | |
| |
Persons holding stock as executors, administrators, guardians, or trustees shall not be personally subject to any liabilities as stockholders, but the estates and funds in their hands shall be liable in like manner and to the same extent as the testator,... 
