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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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A Treatise on the Law Relating to Banks and Banking: With an Appendix ...

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...
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Acts of the General Assembly of the State of New Jersey

New Jersey - Session laws - 1872 - 1572 pages
...transferable in such manner as the by laws of said corporation may prescribe, and each stockholder shall be individually responsible, equally and ratably, and not one for another for all debts and engagements of the corporation to the full amount of his whole stock therein at the par value...
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Practical Information Concerning the Public Debt of the United States: With ...

William Adams Richardson - Banking law - 1873 - 208 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 the amount of their stock therein at the par value thereof, in addition to that amount invested...
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Practical Information Concerning the Public Debt of the United States: With ...

William Adams Richardson - History - 1873 - 192 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 the amount of their stock therein at the par value thereof, in addition to that amount invested...
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Acts and Laws of the Commonwealth of Massachusetts

Massachusetts - Session laws - 1873 - 1162 pages
...for another, for all contracts, debts and engagements debt*. Qf gucn association, to the extent of the amount of their stock therein at the par value...in addition to the amount invested in such shares. The provisions contained 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
...may hereafter be required by law. or stock. SECTION 13. The stockholders of said bank shall be held individually responsible, equally and ratably, and...another, for all contracts, debts and engagements of said bank to the extent of double the amount of the stock subscribed Qualifications of directors. Vjcanciei....
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The Laws of Wisconsin

Wisconsin - Session laws - 1935 - 1308 pages
...amount in excess of ten per centum of the resources of such association. (b) Every such member shall be individually responsible, equally and ratably, and...another, for all contracts, debts, and engagements of the credit union finance corporation. to the extent of the amount of its shares therein at the par...
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Cases Argued and Determined in the Circuit and District Courts of ..., Volume 3

United States. Circuit Court (7th Circuit), Josiah Hooker Bissell - District courts - 1874 - 590 pages
...as noticeable as any other, in the way of illustration. The shareholders of the association are held individually responsible, equally and ratably, and...engagements of such association to the amount of their stock Union National Bank vs. City of Chicago. therein at the par value in addition to the amount invested...
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The Central Law Journal, Volume 92

Law - 1921 - 510 pages
...113. i 36, providing that the stockholders of every bank doing business in such state should be held individually responsible equally and ratably, and...another, for all contracts, debts, and engagements of the bank, refer to "bank," and not to the Individual ••stockholders." — Maxwell v. Thompson,...
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The Central Law Journal, Volume 12

Law - 1881 - 638 pages
...shareholders of every national banking association shall be held individually responsible, equally andratably, and 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...
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