 | Abraham Titus Brewer, Gustav Adolf Laubscher - Corporation law - 1900 - 748 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... | |
 | Alonzo Barton Hepburn - Coinage - 1903 - 692 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. 54. That the Comptroller of the Currency, with the approbation of the Secretary of the Treasury,... | |
 | Washington (State) - 1903 - 1326 pages
...bank to borrow its funds in an excessive and dishonest manner, every director who participated in and assented to the same, shall be held liable in his...and individual capacity for all damages which the corporation, its shareholders, or any other person shall have sustained in consequence of such violation.... | |
 | John Melville Gould - Banking law - 1904 - 326 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." See §§ 1,3, of St. 1876, stated in note to § 5220, supra. Movius v. Lee, 24 Blatch. 291; 30 Fed.... | |
 | United States - Law - 1905 - 1032 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. [RS] Act of June 3, 1804, ch. 106, 13 Stat. L. and they are personally liable to the bank 116. for... | |
 | Idaho - Session laws - 1905 - 470 pages
...held liable in his personal and individual capacities for all damage which the association, the bank, its shareholders, or any other person shall have sustained in consequence of such violation. Reserve. < SEC. 32. Every bank doing business under this act shall have on hand at all times, in available... | |
 | Commercial law - 1906 - 534 pages
...the association shall be declared dissolved. loS. Indii'idual Liabitity of Directors (Sec. 5230).— And in cases of such violation every director who...Property to Protect His Trust. — The act of March 20, 1S86, provides: SEC. 1. That whenever the receiver of any national bank duly appointed by the Comptroller... | |
 | Harvey White Magee - Banking law - 1906 - 864 pages
...before the association shall be declared dissolved. 158. INDIVIDUAL LIABILITY OF DIBECTOBS. (SEC. 5239.) And in cases of such violation every director who...have sustained in consequence of such violation. 159. RECEIVES MAY PCBCHASE PBOPEBTY TO PROTECT His TBUST.— The act of March 29, 1886, provides: (Sice.... | |
 | Edward Wilcox Hinton - Pleading - 1906 - 878 pages
...title, all the rights, privileges and franchises of the association shall be thereby forfeited. * * • And in cases of such violation, every director who...have sustained in consequence of such violation." It is obvious that the plaintiff, in the inception of this case, had in view the enforcement of the... | |
 | Law reports, digests, etc - 1906 - 1290 pages
...all the rights, . privileges and franchises of the association shall thereby be forfeited. • • * And In cases of such violation, every director who...other person shall have sustained In consequence of sueh violation.' It Is obvious that the plaintiff. In the Inception of this case, had In view the enforcement... | |
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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... 
