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" 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... "
Elements of Civil Government - Page 220
by William Carey Jones, California. State Board of Education - 1891 - 255 pages
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History of the State of California: From the Period of the Conquest by Spain ...

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...
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Report of the Debates in the Convention of California on the Formation of ...

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...
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Senate Documents, Otherwise Publ. as Public Documents and ..., Volume 9

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...
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Report of the Debates in the Convention of California, on the Formation of ...

California. Constitutional Convention, 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...
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California Illustrated: Including a Description of the Panama and Nicaragua ...

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...
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A Treatise on the Practice of the Courts of the State of California ...

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...
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A Pictorial View of California: Including a Description of the Panama and ...

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...
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Stryker's American Register and Magazine, Volume 5

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...
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Digest of the Laws of California: Containing All Laws of a General Character ...

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...
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The State Register and Year Book of Facts

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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