 Each stockholder of a corporation is individually and personally liable for such proportion of all its debts and liabilities contracted or incurred during the time he was a stockholder as the amount of stock or shares owned by him bears to the whole of...  Michigan Reports: Cases Decided in the Supreme Court of Michigan - Page 472by Michigan. Supreme Court, Randolph Manning, George C. Gibbs, Thomas McIntyre Cooley, Elijah W. Meddaugh, William Jennison, Hovey K. Clarke, Hoyt Post, Henry Allen Chaney, William Dudley Fuller, John Adams Brooks, Marquis B. Eaton, Herschel Bouton Lazell, James M. Reasoner, Richard W. Cooper - 1894Full view - About this book
 | United States. Congress. Senate - United States - 1850 - 1028 pages
...corporation, from exercising the privileges of banking, or creating paper to circulate as money. SEC. 36. Each stockholder of a corporation or joint-stock association shall be individually and personally liable for his proportion of all its debts and liabilities. SEC. 37. It shall be the duty of the legislature to... | |
 | California. Constitutional Convention, John Ross Browne - Constitutional conventions - 1850 - 538 pages
...corporation, from exercising the privileges of banking, or creating paper to circulate as money. Sec. 36. Each stockholder of a corporation, or joint-stock...association, shall be individually and personally liable for his proportion Of all its debts and liabilities. Sec. 37. It shall be the duty of the Legislature to... | |
 | John Frost - California - 1850 - 558 pages
...corporation, from exercising the privileges of banking, or creating paper to circulate as money. SEC. 36. Each stockholder of a corporation, or joint-stock...association, shall be individually and personally liable for his proportion of all its debts and liabilities. SEC. 37. It shall be the duty of the Legislature to... | |
 | John Ross Browne - California - 1850 - 534 pages
...from exercising the privileges of b'aukinp, or creating paper to circulate ta (auaey. vu Sec. 36". Each stockholder of a corporation, or joint-stock association, shall be individually and personal); liable for his proportion of all its debts and liabilities. Sec. 37. It shall be the duty... | |
 | John M. Letts - History - 1852 - 320 pages
...corporation, from exercising the privileges of banking, or creating paper to circulate as money. SEC. 36. Each stockholder of a corporation, or joint-stock...association, shall be individually and personally liable for his proportion of all its debts and liabilities. SEC. 37. It shall be the duty of the Legislature to... | |
 | Jesse B. Hart - Civil procedure - 1853 - 334 pages
...corporation, from exercising the privileges of banking, or creating paper to circulate as money. SEC. 36. Each stockholder of a corporation, or joint-stock...association, shall be individually and personally liable for his proportion ot all its debts and liabilities. SEC. 37. It shall be the duty of the legislature to... | |
 | John M. Letts - California - 1853 - 438 pages
...corporation, from exercising the privileges of banking, or creating paper to circulate as money. SEC. 36. Each stockholder of a corporation, or joint••stock...association, shall be individually and personally liable for his proportion of all its debts and liabilities. SEC. 37. It shall be the duty of the Legislature to... | |
 | History, Modern - 1851 - 610 pages
...(except by general laws), or establishing any banks of issue, or circulation ; and provides that every stockholder of a corporation or joint-stock association shall be individually and personally liable for his proportion of all its debts or liabilities. The clause prohibiting slavery was inserted in the... | |
 | William H. R. Wood - Law - 1857 - 834 pages
...corporation from exercising the privileges of banking, or creating paper to circulate as money. SEC. 3fi. Each stockholder of a corporation or joint-stock association shall be individually and personally liable for his proportion of all its debts and liabilities. SEC. 37. it shall be the duty of the legislature to... | |
 | Almanacs, American - 1859 - 448 pages
...corporation, from exercising the privileges of banking, or creating paper to circulate as money. SEC. 36. Each stockholder of a corporation, or joint-stock...association, shall be individually and personally liable for his proportion of all its debts and liabilities. SEC. 37. It shall be the duty of the Legislature to... | |
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