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" ... if any of said companies shall fail so to do all the trustees of the company shall be jointly and severally liable for all the debts of the company then existing, and for all that shall be contracted before such report shall be made. "
Acts of the Legislature of the State of Michigan - Page 176
by Michigan - 1850
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The Bankers' Magazine, and Journal of the Money Market, Volume 15

Banks and banking - 1855 - 998 pages
...shall assent thereto, shall bo jointly and severally liable to the extent of such loan, and interest for all the debts of the company contracted before the repayment of the sum so lent. XI. Where any company completely registered under the said act of the eighth year of tíer present...
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The Statutes of the United Kingdom of Great Britain and Ireland, Passed in ...

Great Britain - Law - 1855 - 992 pages
...shall assent thereto, shnll be jointly and severally liable to the Extent of such Loan, and Interest for all the Debts of the Company contracted before the Repayment of the Sum so lent. Members of certificated Companies to be free from Liability notwithstanding 8 Victc. 110. Effect...
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The Revised Statutes of the State of Rhode Island and Providence Plantations ...

Rhode Island - Law - 1857 - 882 pages
...existing debts. SEC. 12. If any of said companies shall fail so to do, all the stockholders of said company shall be jointly and severally liable for all the debts of the company then existing, and for all that shall be contracted before such notice shall be given, unless such...
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Digest of the Laws of California: Containing All Laws of a General Character ...

William H. R. Wood - Law - 1857 - 834 pages
...company shall be carried on; and, if any of said companies shall fail so to do, all the directors of the company shall be jointly and severally liable for all the debts of the company then existing, and for all that shall be contracted before such report shall be made. Авт. 268V,...
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Reports of Cases in Law and Equity in the Supreme Court of the State of New York

Oliver Lorenzo Barbour - Law reports, digests, etc - 1860 - 716 pages
...that " if any of said companies shall fail to make and publish such statement, all the trustees of the company shall be jointly and severally liable for all the debts of the company then existing, and for all that shall be contracted before such report shall be made." This is a penalty...
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Practice Reports in the Supreme Court and Court of Appeals, Volume 9

Nathan Howard (Jr.) - Civil procedure - 1860 - 608 pages
...carried on. It then pro^vides that if any company shall omit to make such report, all the trustees of the company shall be jointly and severally liable for all the debts of the company then existing, and for all that shall be contracted before such report shall be made. The complaint...
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Laws of the State of New York Relating to Highways, Bridges and Ferries ...

Bridges - 1860 - 208 pages
...material representation, all the directors who shall have signed the same, knowing it to be false, shall be jointly and severally liable for all the debts of the company contracted while they were directors thereof. <$ 18. This act shall take effect immediately. stock holdera nmount...
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The General Statutes of the Commonwealth of Massachusetts, Volume 1

Massachusetts - Law - 1860 - 1158 pages
...false in any material representation, all the officers who signed the same knowing it to be false shall decla K while they were stockholders or officers thereof. SECT. 31. When any of the officers of a company are...
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Reports of Cases Argued and Determined in the Superior Court of ..., Volume 22

Joseph S. Bosworth, New York (State). Superior Court (New York) - Law reports, digests, etc - 1865 - 776 pages
...makes every officer of the company, "who shall assent thereto," liable to the extent of such loan, for all the debts of the company, contracted before the repayment of the sum so loaned. (2 RS, supra.) To exonerate John Acosta from liability to the company, for this unauthorized use of...
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The General Laws of the State of California, from 1850 to 1864, Inclusive ...

California, Theodore Henry Hittell - Law - 1865 - 662 pages
...company shall be carried on : and, if any of said companies shall fail so to do, all the directors of the itt then existing, aüd for all that shall be contracted before such report shall be made. 807. SEC. 45....
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