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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,... "
The Minnesota Law Journal - Page 7
1897
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The Bankers' Magazine, and Journal of the Money Market, Volume 39

Banks and banking - 1879
...the provisions of the national bank act, 10. The shareholders of every national bank are each made individually responsible, equally and ratably, and...debts, 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 ;...
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Public Documents of Massachusetts, Volume 6, Part 1

Massachusetts - Massachusetts - 1894
...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
...the provisions of this act, shall be held individually responsible, equally and ratably, and not nie for another, for all contracts, debts, and engagements of such association to the extent of the amount of their stock therein at the par value thereof, in addition to the amount invested...
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The Merchants' Magazine and Commercial Review, Volume 51

Commerce - 1864
...each existing hank or hanking association that may except the provisions of this act, shall he held individually responsible, equally and ratably, and...debts, and engagements of such association, to the extent of the amount of their stock therein, at the par value thereof, in addition to the amount invested...
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Merchants' Magazine and Commercial Review, Volumes 54-55

Commerce - 1866
...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 Voter's Text Book, Comprising a Collection of the Most Important ...

James M. Hiatt - United States - 1868 - 382 pages
...each existing bank or banking association that may accept the provisions of this act, shall be held individually responsible, equally and ratably, and...debts, 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...
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Wisconsin Session Laws: 1868

Wisconsin - Session laws - 1868
...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
...provisions of this act, {(o'idenif *tock" shall be held individually responsible, equally and rateably, How character authorities of said state shall claim us swamp and overflowed, any land not repr extent of the amount of their stock therein at the par value thereof, in addition to the amount invested...
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Cases Argued and Adjudged in the Supreme Court of the ..., Volume 8; Volume 75

United States. Supreme Court - Law reports, digests, etc - 1870
...known as our "National Banks," provides, by its 12th section, that the shareholders "Shall be held individually responsible, equally and ratably, and...debts, and engagements of such association, to the extent of their stock therein, at the par value thereof, in addition to the amount invested in such...
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Albany Law Journal, Volume 24

Law - 1881
...banks incur under section 12 of the act of 1864, which provides for a liability "to the extent of tho amount of their stock therein, at the par value thereof,...in addition to the amount invested in such shares," is lhat of principals, not of sureties. Such a liability is not one on a " promise to pay tho debt,...
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