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" 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,... "
Journal: 1st-13th Congress . Repr. 14th Congress, 1st Session - 50th ... - Page 484
by United States. Congress. House - 1863
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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 - 738 pages
...section, that the shareholders "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 their stock therein, at the par value thereof, in addition to the amount invested in such shares, except,...
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Practical Information Concerning the Public Debt of the United States: With ...

William Adams Richardson - Banking law - 1873 - 208 pages
...the provisions of this act, shall be held individually responsible, equally and ratably, and not one for another, for all contracts, debts, and engagements...stock therein at the par value thereof, in addition to that amount invested in such shares; 7 except the shareholders of any banking association now existing...
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Practical Information Concerning the Public Debt of the United States: With ...

William Adams Richardson - History - 1873 - 192 pages
...the provisions of this act, shall be held individually responsible, equally and ratably, and not one for another, for all contracts, debts, and engagements...stock therein at the par value thereof, in addition to that amount invested in such shares; 7 except the shareholders of any banking association now existing...
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Acts and Laws of the Commonwealth of Massachusetts

Massachusetts - Session laws - 1873 - 1162 pages
...equally and ratably, and ua not one for another, for all contracts, debts and engage- Son!" of meiits of such association, to the extent of the amount of...in addition to the amount invested in such shares. The provisions coutained. in chapter two hundred and twenty-four of the acts of the year eighteen hundred...
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Laws Enacted in the General Assembly of the Commonwealth of Pennsylvania ...

Pennsylvania. Laws, statutes, etc - Law - 1873 - 1238 pages
...liabilities, to the extent of double the amount of the stock subscribed for and held respectively by them therein, at the par value thereof, in addition to the amount invested in such shares, after the remedies against said corporation shall have been exhausted : Provided, That onefourth of...
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The Central Law Journal, Volume 12

Law - 1881 - 638 pages
...national banking association shall be held individually responsible, equally andratably, and not one for another, for all contracts, debts and engagements...In addition to the amount invested in such shares." Rev. Stats. US sec. 5151. The act of 1863 made no provision for enforcing the personal liability of...
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Institutes of Common and Statute Law, Volume 1

John Barbee Minor - Law - 1876 - 686 pages
...organized under the act, " shall be held individually responsible, equally and ratably, and not one for another, for all contracts, debts and engagements...in addition to the amount invested in such shares." (13 US Statutes, 102, § 12; 2 Bright Dig. 54; Rev. Stats. US 1001, § 5151.) In Virginia we have adopted...
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Gold and Debt: An American Hand-book of Finance, with Over Eighty Tables and ...

William Lyman Fawcett - Finance - 1876 - 300 pages
...equally and ratably, and not one for another, for all conNATIONAL BANKS AND BANK CURRENCY. tracts, debts and engagements of such association, to the...in addition to the amount invested in such shares; except that shareholders of any banking association now existing under State laws, having not less...
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The Century of Independence: Embracing a Collection, from Official Sources ...

John Russell Hussey - United States - 1876 - 562 pages
...the provisions of this act, 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 amount of their stock therein at the par value thereof, in addition to the amount invested in such...
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Gold and Debt: An American Hand-book of Finance, with Over Eighty Tables and ...

William Lyman Fawcett - History - 1877 - 288 pages
...national banking association shall be held individually responsible, equally and ratably, and not one for another, for all contracts, debts and engagements...in addition to the amount invested in such shares; except that shareholders of any banking association now existing under State laws, having not less...
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