 | Irving Browne - National banks (United States). - 1880 - 638 pages
...enact that the shareholders " shall be held individually responsible, equally and ratably and not one for another, for all contracts, debts and engagements...the amount of their stock therein, at the par value Stanton, Receiver, v. Wilkeson. thereof, in addition to the amount invested in such shares." The provisions... | |
 | Law reports, digests, etc - 1881 - 956 pages
...shareholders in national banks incur under section 12 of the act of 1864, which provides for a liability " to the extent of the amount of their stock therein,...in addition to the amount invested in such shares," is that of principals, not of sureties. 2. NATURE OF LIABILITY OF SHAREHOLDERS IN NATIONAL BANKS—... | |
 | Law reports, digests, etc - 1881 - 1900 pages
...every national banking assocatiou shall lie held individually responsible for all contracts, etc., to the extent of the amount of their stock therein,...in addition to the amount invested in such shares. Tldd, that, upon the insolvency of such a bank, a shareholder who happens to be one of its creditors... | |
 | Georgia - Law - 1880 - 476 pages
...and ratably, and j^'.^. not one for another, for all contracts, debts and engagements oferasaid bank, to the extent of the amount of their stock therein,...thereof, in addition to the amount invested in such stock. Approved October 14, 1879. CHARTER OF GEORGIA BANKING AND TRUST COMPANY AMENDED. No. 91. An... | |
 | Law reports, digests, etc - 1883 - 1914 pages
...national banking association shall be held individually responsible, equally and ratably, and not one for another, for all contracts, debts, and engagements...the extent of the amount of their stock therein, at par value thereof, in addition to the amount invested in such shares." This position on the part of... | |
 | Law reports, digests, etc - 1900 - 2044 pages
...shall be held Individually responsible, equally and ratably and not one for another, for all ' atracts. debts, and engagements of such association, to the...of their stock therein, at the par value thereof, la addition to the amount Invested In such shares. • • *" Section 5234 provides: "On becoming satisfied... | |
 | Law reports, digests, etc - 1888 - 1906 pages
...this direction at all. That makes the shareholders of every national banking association responsible " for all contracts, debts, and engagements of such...the extent of the amount of their stock therein." Rev. St. US § 5151. The contract is the contract of the bank; the shareholders have nothing whatever... | |
 | Law - 1881 - 496 pages
...national banking association shall be held individually responsible, equally and raUibly, und not one for another, for all contracts, debts and engagements...in addition to the amount invested in such shares: " Rev. Statutes, US, Sec. 5151. The Act of 1803 made no provision for enforcing the personal liability... | |
 | United States. Circuit Court (2nd Circuit) - Law reports, digests, etc - 1881 - 638 pages
...provisions of this 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; * * *" In the Revised Statutes these provisions are separated and reproduced as sections 5,139 and... | |
 | United States. Supreme Court - Law reports, digests, etc - 1881 - 822 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." Rev. Stat., sect. 5151. The act of 1863 made no provision for enforcing the personal liability of shareholders,... | |
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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,... 
