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" The private property of the stockholders shall not be subject to the payment of corporate debts to any extent whatever. "
United States Congressional Serial Set - Page 531
1932
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The Law of Combinations Embracing Monopolies, Trusts, and ..., Volume 2

Arthur Jerome Eddy - Antitrust law - 1901 - 892 pages
...corporation may at any time incur shall be unlimited, unless a limit thereto be fixed by the by-laws. Tenth, The private property of the stockholders shall not...payment of corporate debts to any extent whatever. Eleventh. The directors shall have power to make and to alter the bylaws; to fix the amount to be reserved...
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A Manual of Corporate Organization: Containing Information, Directions and ...

Thomas Conyngton - Consolidation and merger of corporations - 1904 - 362 pages
...Bentley Philadelphia, Pa. Sixth — The existence of this corporation shall be perpetual. Seventh — The private property of the stockholders shall not...payment of corporate debts to any extent whatever. Eighth — The Directors shall have power to make, alter, amend and repeal the By-Laws ; to fix the...
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Charters of American Life Insurance Companies: Being a Compilation of the ...

Spectator Company (New York, N.Y.) - Life insurance - 1906 - 576 pages
...power to make and adopt by-laws, for the regulation of the affairs of the corporation. ARTICLE 16. The private property of the stockholders shall not be subject to the payment of the debts of the corporation, except so far as expressly made so by the laws of North Dakota. ARTICLE...
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A Treatise on the Incorporation and Organization of Corporations: Created ...

Thomas Gold Frost - Corporation law - 1906 - 736 pages
...corporation shall not at any time incur a higher amount of indebtedness or liability than dollars. 9. The private property of the stockholders shall not be subject to the corporate debts (or shall be subject, and state to what extent). In Witness Whereof, we have hereunto...
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Commentaries on the Law of Private Corporations, Volume 7

Seymour Dwight Thompson - Corporation law - 1910 - 772 pages
...day of , and its existence is to cease on the day of (or it is to have a perpetual existence).* 8. The private property of the stockholders shall not be subject to the payment of the corporate debts in any amount or to any extent whatever.10 9. The names and places of residence...
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Connecticut River Navigation

United States. Congress. Senate. Committee on Commerce - Connecticut river - 1912 - 124 pages
...capital stock are as follows: Sixth. The existence of this corporation is to be perpetual. Seventh. The private property of the stockholders shall not...payment of corporate debts to any ex-tent whatever. Eighth. The directors shall have power to make and to alter or amend the by-laws; to fix the amount...
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The South Western Reporter, Volume 161

Law reports, digests, etc - 1914 - 1358 pages
...appellant's demands would be vlolative of that provision of the articles of Incorporation which declares that the private property of the stockholders shall not be subject to the payment of the corporate debts. [4] Moreover, It Is not alleged In the petition, or shown by any proof introduced...
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Official Report ... Annual Convention, Volume 13

National Lumber Manufacturers Association - Lumber trade - 1915 - 204 pages
...NAMES. RESIDENCES. NUMBER OF SHARES. SIXTH: This corporation is to have perpetual existence. SEVENTH: The private property of the stockholders shall not...payment of corporate debts to any extent whatever. EIGHTH: In furtherance, and not in limitation of the powers conferred by the statute, the Board of...
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Corporate Organization and Management

Thomas Conyngton - Corporation law - 1917 - 816 pages
...Bentley ' Philadelphia, Pa. 4 Sixth — The existence of this corporation shall be perpetual. Seventh — The private property of the stockholders shall not...payment of corporate debts to any extent whatever. Eighth — In furtherance, and not in limitation of the powers conferred by statute, the Board of Directors...
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Corporate Organization and Management

Thomas Conyngton - Corporation law - 1917 - 822 pages
...Bentley ' Philadelphia, Pa. 4 Sixth — The existence of this corporation shall be perpetual. Seventh — The private property of the stockholders shall not...payment of corporate debts to any extent whatever. Eighth — In furtherance, and not in limitation of the powers conferred by statute, the Board of Directors...
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