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" The shareholders of each association formed under the provisions of this act, and of each existing bank or banking association that may accept the provisions of this act, shall be held individually responsible, equally and ratably, and not one for another,... "
Report of the Monetary Commission of the Indianapolis Convention of Boards ... - Page 522
by Indianapolis monetary commission - 1898 - 608 pages
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The Bankers' Magazine, and Journal of the Money Market, Volume 39

Banks and banking - 1879 - 1110 pages
...the provisions of the national bank act, 10. The shareholders of every national bank are each made individually responsible, equally and ratably, and...engagements of such association, to the extent of their stock therein, at its par value in addition to the amount invested in such shares ; thus giving...
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Public Documents of Massachusetts, Volume 6, Part 1

Massachusetts - Massachusetts - 1894 - 760 pages
...such corporation. SECT. 14. The shareholders of such corporation shall be held individually liable, 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 stock therein at the par value thereof, in addition...
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Journal: 1st-13th Congress . Repr. 14th Congress, 1st Session ..., Volume 1

United States. Congress. House - United States - 1863 - 1178 pages
...the provisions of this act, shall be held individually responsible, equally and ratably, and not nie for another, for all contracts, debts, and engagements...in addition to the amount invested in such shares. And the Comptroller shall have authority to withhold from an association his certificate authorizing...
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The Merchants' Magazine and Commercial Review, Volume 51

Commerce - 1864 - 496 pages
...and of each existing hank or hanking association that may except the provisions of this act, shall he held individually responsible, equally and ratably,...invested in such shares ; except that shareholders of any hanking association now existing under State laws, having not less than five millions of dollars of...
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Merchants' Magazine and Commercial Review, Volumes 54-55

Commerce - 1866 - 978 pages
...not one fur another for all contracts, debt* and engagement-! of BUCU association, to the '•V'iiit of the amount of their stock therein at the par value thereof, in addition to the amount inu-ned in snch shares." In the election of directors, "and in deciding all questions...
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The Merchants' Magazine and Commercial Review, Volume 54

William B. Dana - Commerce - 1866 - 496 pages
...responsible, equally and rateably, and not one for another, for all contracts, debu and engagements of sucn association, to the extent of the amount of their stock therein at tie par value thereof, in addition to the amount invested in such shares." In the election of directors,...
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The Voter's Text Book, Comprising a Collection of the Most Important ...

James M. Hiatt - United States - 1868 - 426 pages
...this act, and of each existing bank or banking association that may accept the provisions of this act, shall be held individually responsible, equally and...and engagements of such association to the extent of amount of their stock therein at the par value thereof, in addition to the amount invested in such...
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Wisconsin Session Laws

Wisconsin - Session laws - 1868 - 1516 pages
...reformed under the provisions of this act shall be held 8 P° n8iWe individually responsible, equably and ratably, and not one for another, for all contracts, debts and engagements of the corporation, to the extent of the amount of their stock therein, at the par value thereof, in addition...
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An Analytical Digest of the Laws of the United States, Volume 2

Frederick Charles Brightly - Law - 1869 - 680 pages
...provisions of this act, {(o'idenif *tock" shall be held individually responsible, equally and rateably, and not one for another, , for all contracts, debts...shareholders of any banking association now existing under stute laws, having not less than five millions of dollars of capital actually paid in, and a surplus...
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A General Digest of the Law of Corporations: Presenting the American ...

Benjamin Vaughan Abbott, Austin Abbott - Corporation law - 1869 - 1028 pages
...act, shall be held individually responsible, equally and ratnbly, and not one for another, for nil contracts, debts, and engagements of such association...the extent of the amount of their stock therein at tho par value thereof, in addition to the amount invested in such shares ; except that shareholders...
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