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" Each stockholder of any company formed under this ac^ shall be individually liable to the creditors of such company, to an amount equal to the amount unpaid on the stock held by him, for all the debts and liabilities of such company, until the whole amount... "
Laws of the State of New York - Page 210
by New York (State) - 1850
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The Law Journal for the Year 1832-1949: Comprising Reports of Cases in the ...

Law reports, digests, etc - 1869 - 970 pages
...paragraph it is enacted, that "Each shareholder shall be individually liable to the creditors of the company to an amount equal to the amount unpaid on the stock held by him for the debts and liabilities thereof, and until the whole amount of his stock shall have been paid up,...
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Journal of the Franklin Institute

Meteorology - 1848 - 966 pages
...stockholders of any such company that shall be hereafter incorporated under this act, shall be severally individually liable to the creditors of such company, to an amount equal to the amount of stock held by them respectively, for all debts and contracts made by such company, until the whole...
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Laws of the State of New York Passed at the Sessions of the Legislature

New York (State). Legislature - Law - 1848 - 672 pages
...stockholders of any such company that shall be hereafter incorporated under this act, shall be severally individually liable to the creditors of such company, to an amount equal to the amount of stock held by them respectively, for all debts and contracts made by such company, until the whole...
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The Provincial Statutes of Canada

Canada - Law - 1851 - 610 pages
...the creditors of the Company ... . ,. ,.., -, i cío. iiij L i • * xi. j i_ ij shareholders mdmii> an amount equal to the amount unpaid on the Stock held by him, for the debts and dually Uabie. liabilities thereof, and until the whole amount of his Stock shall have...
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Annual Report of the Board of Directors, of the Pacific Railroad ..., Volume 1

Pacific Railroad Company - 1851 - 110 pages
...creditors of the Company, to double the amount of their stock. This liability is reduced by the amendments to an amount equal to the amount unpaid on the stock held by each, and that only until the whole of the stock so held shall have been paid in. It was a matter of...
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Acts of the General Assembly of the State of New Jersey

New Jersey - Law - 1854 - 632 pages
...he it enacted, That the stockholders of such com- stockhoide™ pany shall be jointly, severally and individually liable to the creditors of such company to an amount equal to the amount certificate thereof shall have been made and recorded as prescribed in the followin r section ; and...
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The American Law Register, Volume 3

Electronic journals - 1855 - 804 pages
...fully paid in. By the tenth section, each stockholder is made individually liable to the creditors to "an amount equal to the amount unpaid on the stock held by him for all debts, until he shall have paid up the whole amount due by him to the company ; and all are made jointly...
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Reports of Cases Decided in the Court of Common Pleas ..., Volume 5

Ontario. Court of Common Pleas - Law reports, digests, etc - 1856 - 594 pages
...of August, 1851, enacted that each shareholder should be individually liable to the creditors of the company to an amount equal to the amount unpaid on the stock held by him for the debts and liabilities thereof, and until the whole amount of his stock shall have been paid up...
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Annual Report of the Board of Railroad Commissioners of the State ..., Volume 3

New York (State). Board of Railroad Commissioners - Railroads - 1907 - 796 pages
...capital stock not fully paid, in any stock corporation, shall be personally liable to its creditors, to an amount equal to the amount unpaid on the stock held by him for debts of the corporation contracted while such stock was held by him. As to existing corporations the...
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The Statutes of the Territory of Kansas

Kansas - Law - 1857 - 394 pages
...company as aforesaid. Liabilities ot SEC. 10. Each stockholder of any company formed under this act shall be individually liable to the creditors of such...stock held by him for all the debts and liabilities ot: such company, until the whole amount of the capital stock so held by him shall have been paid to...
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