 | United States. Department of Justice - Attorneys general's opinions - 1891 - 816 pages
...his own name, before the association shall be declared dissolved. And National Banking Associations» in cases of such violation every director who participated...have sustained in consequence of such violation." Section 380, Revised Statutes, reads as follows: "All suits and proceedings arising out of the provisions... | |
 | Maine - Law - 1891 - 966 pages
...provisions of this act, or of the general laws in force in relation to such corporations, shall be liable in his personal and individual capacity for all damages which the association, its May make by-laws. Shall be subjec to examination by bank examiner. CHAP. 12o shareholders, or any other... | |
 | George Mathewes Coffin - Banks and banking - 1893 - 186 pages
...the Comptroller of the Currency, in his own name, before the association shall be declared dissolved. And in cases of such violation, every director who...shall have sustained in consequence of such violation. General Information as to Duties. The oath which every director of a National bank is required to take... | |
 | World's congress of bankers and financiers, Chicago, 1893 - Banks and banking - 1893 - 624 pages
...Thereupon the affairs of the association shall be closed up by the Comptroller of Finance; and in case of such violation, every director who participated...shall have sustained in consequence of such violation. Such directors shall hereafter be disqualified for the office of director in any association formed... | |
 | Seymour Dwight Thompson - Corporation law - 1895 - 1202 pages
...the Comptroller of the Currency, in his own name, before the association shall be declared dissolved. And in cases of such violation, every director who...person, shall have sustained in consequence of such violation."1 It may assist in the construction of this act in future cnses to note that it is almost... | |
 | United States. Supreme Court, John Chandler Bancroft Davis, Henry Putzel, Henry C. Lind, Frank D. Wagner - Courts - 1896 - 772 pages
...the Comptroller of the Currency, in his own name, before the association shall be declared dissolved. And in cases of such violation, every director who...have sustained in consequence of such violation." On June 30, 1876, (19 Stat. 63, c. 156,) Congress passed an act, the first section of which provides... | |
 | Law reports, digests, etc - 1896 - 632 pages
...state, and the practice of such court, before the corporation shall be declared dissolved ; and, in case of such violation, every director who participated...and individual capacity for all damages which the company, its shareholders, or any other persons, body politic or corporate, shall have sustained in... | |
 | John Wilson Smith - Receivers - 1897 - 922 pages
...the comptroller of the currency in his own name before the association shall be declared dissolved. And in cases of such violation every director who...shall have sustained in consequence of such violation. Actions for a violation of this section are properly brought by the receiver,1 but inasmuch as the... | |
 | John Maxcy Zane - Banking law - 1900 - 866 pages
...the Comptroller of the Currency, in his own name, before the association shall be declared dissolved. And in cases of such violation, every director who...shall have sustained in consequence of such violation. SEC. 5240. APPOINTMENT OF EXAMINERS.—The Comptroller of the Currency, with the approval of the Secretary... | |
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And in cases of such violation, every director who participated in or assented to the same shall be held liable in his personal and individual capacity for all damages which the association, its shareholders, or any other person, shall have sustained... 
