The shareholders of every national banking association shall be held Individually responsible, equally and ratably, and not one for another, for all contracts, debts, and engagements of such association, to the extent of the amount of their stock therein,... The Minnesota Law Journal - Page 51897Full view - About this book
| 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...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 ;... | |
| 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... | |
| United States. Congress. House - United States - 1863 - 1180 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 of such association to the extent of the amount of their stock therein at the par value thereof, in addition to the amount invested... | |
| 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,...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... | |
| 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...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... | |
| 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... | |
| Frederick Charles Brightly - Law - 1869 - 680 pages
...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... | |
| Law - 1901 - 510 pages
...trustee for such creditors. By the original National Banking Act (sec. 5151, Rev. St.), it is declared that "the shareholders of every national banking association...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... | |
| United States. Supreme Court - Law reports, digests, etc - 1870 - 738 pages
...of banking, now known as our "National Banks," provides, by its 12th section, that the shareholders "Shall be held individually responsible, equally 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... | |
| John Torrey Morse (Jr.) - Banking law - 1870 - 600 pages
...accept the provisions of this act, shall be held individually responsible, equally and ratably, aud not one 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... | |
| |