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" ... for all the debts of the company then existing, and for all that shall be thereafter contracted... "
Acts of the General Assembly of the State of New Jersey - Page 320
by New Jersey - 1847
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Laws of the State of New York, Volume 2

New York (State) - Law - 1867 - 1404 pages
...or which would diminish the amount of its capital stock, they shall be jointly and severally liable for all the debts of the company then existing, and for all that shall be thereafter contracted while they shall respectively continue in office. Provided, that if any of the...
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The Law Journal for the Year 1832-1949: Comprising Reports of Cases in the ...

Law reports, digests, etc - 1856 - 532 pages
...payment of which would to their knowledge render it insolvent, they shall be jointly and severally liable for all the debts of the company then existing, and for all that shall be thereafter contracted, so long as they shall respectively continue in office: Provided always, that...
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The Provincial Statutes of Lower-Canada, Volume 14

Québec (Province) - 1833 - 548 pages
...sum equal in amount to such money as may be deposited in the Bank for safe keeping,) and in case of excess, the Directors under whose administration it...shall happen, shall be jointly and severally liable for the same in their private capacities, as well to the Stockholders as to holders of bank notes,...
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Statuts provinciaux de Bas-Canada, Volume 14, Part 2

Québec (Province). - Law - 1833 - 540 pages
...sum equal in amount to such money as may be deposited in the Bank for safe keeping,) and in case of excess, the Directors under whose administration it...shall happen, shall be jointly and severally liable for the same in their private capacities, as well to the Stockholders as to holders of bank notes,...
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Private and Special Statutes of the Commonwealth of Massachusetts ..., Volume 9

Massachusetts - Law - 1837 - 870 pages
...no time, exceed the sum of one hundred thousand dollars ; and in case it shall exceed that sum, tJie directors under whose administration it shall happen shall be jointly and severally liable, to the same extent and in the same manner, as is provided by the twenty-fifth section of the thirty-eighth...
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Acts of the General Assembly of the State of New Jersey

New Jersey - Session laws - 1842 - 1396 pages
...unable to pay of which would render it so unable, they shall be jointly and its debtsseverally liable for all the debts of the company then existing and for all that shall be thereafter contracted, so long as they shall respectively continue in office ; provided, that the amount...
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The Law of Debtor and Creditor in the United States and Canada

James Philemon Holcombe - Debtor and creditor - 1848 - 528 pages
...Institutions. paid in : and in case of any excess, the directors under whose administration it happens will be jointly and severally liable to the extent of such excess, for all the debts of the corporation then existing and for all those contracted while they respectively continue in office,...
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Acts of the General Assembly of South-Carolina

South Carolina - Session laws - 1848 - 104 pages
...at any time owe, shall not exceed the amount of its capital stock actually paid in, and in case of excess, the Directors under whose administration it...shall happen, shall be jointly and severally liable for the same in their natural capacity. Such of the said Directors as may have been absent when the...
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Merchants' Magazine and Commercial Review, Volume 18

Commerce - 1848 - 694 pages
...or which would diminish ihe amount of its capital mock, they shall be jointly and severally liable for all the debts of the company then existing, and for all that shall be thereafter contracted, while they shall respectively continue in office: Prodded, That if any of the...
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Journal of the Franklin Institute

Meteorology - 1848 - 966 pages
...dividend, the payment of which would render it insolvent, they shall be jointly anil severally liable for all the debts of the company then existing, and for all that shall be thereafter contracted, so long as they shall respectively remain in office: Provided, That if any of...
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