 | Banks and banking - 1879 - 1110 pages
...shareholders of every national bank are each made individually responsible, equally and ratably, and not one for another, for all contracts, debts, and engagements of such association, to the extent of their stock therein, at its par value in addition to the amount invested in such shares ; thus giving... | |
 | Massachusetts - Massachusetts - 1894 - 760 pages
...and ratably, and not one for another, for all contracts, debts and engagements of the corporation, to the extent of the amount of their stock therein...in addition to the amount invested in such shares. The provisions contained in chapter one hundred and six of the Public Statutes, sections sixty-two... | |
 | Commerce - 1864 - 496 pages
...the provisions of this act, shall he held individually responsible, equally and ratably, and not one for another, for all contracts debts, and engagements...in addition to the amount invested in such shares ; except that shareholders of any hanking association now existing under State laws, having not less... | |
 | Wisconsin - Session laws - 1868 - 1516 pages
...and ratably, and not one for another, for all contracts, debts and engagements of the corporation, to the extent of the amount of their stock therein,...thereof, in addition to the amount invested in such stock; and as additional security to depositors, the board of directors may at their discretion, out... | |
 | James M. Hiatt - United States - 1868 - 426 pages
...the provisions of this act, shall be held individually responsible, equally and ratably, and not one for another, for all contracts, debts, and engagements of such association to the extent of amount of their stock therein at the par value thereof, in addition to the amount invested in such... | |
 | Frederick Charles Brightly - Law - 1869 - 680 pages
...this act, {(o'idenif *tock" shall be held individually responsible, equally and rateably, and not one for another, , for all contracts, debts and engagements...in addition to the amount invested in such shares ; except that shareholders of any banking association now existing under stute laws, having not less... | |
 | Benjamin Vaughan Abbott, Austin Abbott - Corporation law - 1869 - 1028 pages
...act, shall be held individually responsible, equally and ratnbly, and not one for another, for nil contracts, debts, and engagements of such association...the extent of the amount of their stock therein at tho par value thereof, in addition to the amount invested in such shares ; except that shareholders... | |
 | John Torrey Morse (Jr.) - Banking law - 1870 - 600 pages
...the provisions of this act, shall be held individually responsible, equally and ratably, aud not one for another, for all contracts, debts, and engagements...in addition to the amount invested in such shares ; except that shareholders of any banking association now existing under State laws having not less... | |
 | Law - 1881 - 572 pages
...banks incur under section 12 of the act of 1864, which provides for a liability "to the extent of tho amount of their stock therein, at the par value thereof,...in addition to the amount invested in such shares," is lhat of principals, not of sureties. Such a liability is not one on a " promise to pay tho debt,... | |
 | Law - 1889 - 546 pages
...the United States, section 5151, providing that shareholders of national banks shall be responsible "for all contracts, debts and engagements of such...the extent of the amount of their stock therein," applies to a married woman who is such a shareholder, and she is liable for an assessment upon stock... | |
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The shareholders of every national banking association shall be held individually responsible, equally and ratably, and not one for another, for all contracts, debts and engagements of such association, to the extent of the amount of their stock therein,... 
