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" Every stockholder in a banking corporation or institution shall be individually responsible and liable to its creditors, over and above the amount of stock by him or her held, to an amount equal to his or her respective shares so held, for all of its... "
Constitution of the State of Illinois: Adopted and Ratified in 1870, and ... - Page 44
by Illinois - 1879 - 54 pages
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Journal Missouri Constitutional Convention of 1875 ...: With an Historical ...

Missouri. Constitutional convention - 1920 - 458 pages
...such law. Section 3. Every stockholder in a banking corporation or institution shall be individually liable to its creditors over and above the amount...accruing while he or she remains such stockholder. Section 4. The suspension of specie payment by banking institutions, created by the laws of this State,...
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The Government of Iowa

Frank Edward Horack - Iowa - 1921 - 280 pages
...to whom. Stockholders responsible. Sec. 9. Every stockholder in a banking corporation or institution shall be individually responsible and liable to its...accruing while he or she remains such stockholder. Bill-holders preferred. Sec. 10. In case of the insolvency of any banking institution, the bill-holders...
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The Constitution of the State of Iowa and Amendments from 1857 to 1922 with ...

Iowa - 1922 - 140 pages
...of any transfer, and to whom. SEC. 9. Every stockholder in a bank73 ing corporation or institution shall be individually responsible and liable to its...equal to his or her respective shares so held for all of its liabilities, accruing while he or she remains such stockholder. SEC. 10. In case of the insolvency...
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Farm Mortgage Financing

Ivan Wright - Agricultural credit - 1923 - 364 pages
...stockholders:—"Every stockholder in any bank or banking association organized under the provisions of this Act shall be individually responsible and liable to its...creditors, over and above the amount of stock by him or her respective shares so held, for all its liabilities accruing while he or she remains such stockholder...
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The Federal Reporter, Volume 156

Law reports, digests, etc - 1908 - 1060 pages
...article lib, and are as follows: "See. 7. Every stockholder In a banking corporation or Institution shall be Individually responsible and liable to its...creditors over and above the amount of stock by him held to an amount equal to his respective stock or shares so held, for all its liabilities accruing...
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Paton's Digest: A Digest of Legal Opinions of Thomas B. Paton ..., Volume 2

Thomas Bugard Paton - Banking law - 1926 - 1408 pages
...Nebraska Constitution Art. 12, § 7 provides: "Every stockholder in a banking corporation or institution shall be individually responsible and liable to its...creditors over and above the amount of stock by him held to an amount equal to his respective steck or shares so held, for all its liabilities accruing...
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Commentaries on the Law of Corporations, Volume 6

Seymour Dwight Thompson, Joseph Wesley Thompson - Corporation law - 1927 - 1068 pages
...self-executing.-9 But a constitution providing that: "Every stockholder in a banking corporation or institution shall be individually responsible and liable to its...creditors over and above the amount of stock by him held to an amount equal to his respective stock or shares so held, for all its liabilities accruing...
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The Northeastern Reporter, Volume 116

Law - 1917 - 1128 pages
...article 11 of the Constitution provides that: "Every stockholder in a banking corporation or institution shall be individually responsible and liable to its...held, to an amount equal to his or her respective abares so held, for all its liabilities accruing while he or she remains such stockholder." Counsel...
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The Northeastern Reporter, Volume 132

Law reports, digests, etc - 1922 - 1030 pages
...charge appellees, provides as follows : "Every stockholder in a banking corporation or institution shall be individually responsible and liable to its...accruing while he or she remains such stockholder." This provision only purports to hold stockholders in such liability. No one but an actual stockholder...
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Reports of Cases Determined in the Appellate Courts of Illinois, Volume 221

Illinois. Appellate Court, Martin L. Newell, Mason Harder Newell, Walter Clyde Jones, Keene Harwood Addington, James Christopher Cahill, Basil Jones, James Max Henderson, Ray Smith - Courts - 1921 - 808 pages
...of our State Constitution provides that "Every stockholder in a banking corporation or institution shall be individually responsible and liable to its...accruing while he or she remains such stockholder." Of course, the liability of a stockholder in a State bank may not be imposed upon one, by including...
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