 | Law reports, digests, etc - 1893 - 1176 pages
...everynational hanking association shall be held individually responsible, equally and ratably, and not one for another, for all contracts, debts, and engagements...association, to the extent of the amount of their stock herein, at theparvalue thereof, in addition to the amount Invested in such shares." Rev. St. Ü. S.... | |
 | Victor Morawetz - Corporation law - 1886 - 642 pages
...shareholders in a national bank shall be " 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." When a national bank is insolvent, the extent to which the individual liability of the shareholders... | |
 | United States. Supreme Court - Law reports, digests, etc - 1886 - 1086 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...their stock therein, at the par value thereof, in addi- I a«; i / tion to the amount invested in said shares." The answer sets forth that Johnson became... | |
 | Law reports, digests, etc - 1906 - 1154 pages
...The Legislature saw fit In 1004 to change the statute so that now such stockholders are only liable "to the extent of the amount of their stock therein...thereof, in addition to the amount invested in such stock." So that hereafter the liability will not exceed that of stockholders in banking companies,... | |
 | United States. Supreme Court - Law reports, digests, etc - 1886 - 778 pages
...equallv and ratably, and not one for another, for all contracts, debts, and engagements, to the extent or amount of their stock therein, at the par value thereof,...addition to the amount invested in such shares ; and that estates and funds in the hands of executors of persons holding stock shall be liable, in like... | |
 | United States. Supreme Court, John Chandler Bancroft Davis, Henry Putzel, Henry C. Lind, Frank D. Wagner - Courts - 1887 - 712 pages
...national banking association shall be held individually responsible, equally and ratabty, and not one for another, for all contracts, debts, and engagements...in addition to the amount invested in such shares." By § 5220, it was also provided that " Any association may go into liquidation and be closed by the... | |
 | A.S. Pratt & Sons - Banking law - 1886 - 252 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... | |
 | Virginia - Law - 1899 - 724 pages
...every state 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. 20. Persons holding stock as executors, administrators, guardians, or trustees shall not be personally... | |
 | United States. Supreme Court, John Chandler Bancroft Davis, Henry Putzel, Henry C. Lind, Frank D. Wagner - Courts - 1887 - 714 pages
...national banking association shall be held individually responsible, equally and rat ably, and not one *or another, for all contracts, debts, and engagements...in addition to the amount invested in such shares." By § 5220, it was also provided that " Any association may go into liquidation and be closed by the... | |
 | Illinois - Law - 1887 - 2194 pages
...and ruiably, aud not one for the other, for all contracts, debts and engagements of such person or association to the extent of the amount of their stock...addition to the amount invested in such shares, and it is hereby made the duty of the president and cashier within thirty days after organization to file... | |
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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,... 
