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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,... "
Journal: 1st-13th Congress . Repr. 14th Congress, 1st Session - 50th ... - Page 484
by United States. Congress. House - 1863
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Reports of Cases Decided in the Circuit Courts of the United ..., Volume 1

United States. Circuit Court (4th Circuit) - Admiralty - 1877 - 684 pages
...association shall be inOpinion of the court. dividually responsible, equally and ratahly, and not one for another, for all contracts, debts, and engagements...in addition to the amount invested in such shares," etc. At the trial of these causes, the only evidence presented by counsel for the plaintiff bearing...
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Gold and Debt: An American Hand-book of Finance, with Over Eighty Tables and ...

William Lyman Fawcett - Finance - 1877 - 302 pages
...national banking association shall be 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 banking association now existing under State laws, having not less...
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Acts of the State of Ohio

Ohio - Session laws - 1877 - 650 pages
...equably and ratably, and not one for another, for all contracts, debts, and engagements of such company, to the extent of the amount of their stock therein,...in addition to the amount invested in such shares. SEC. 25. It shall be the duty of the auditor, treasurer and secretary of state, or a majority of them,...
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Laws of the United States Relating to Loans and the Currency, Since 1860

United States - Banking law - 1878 - 310 pages
...individual iia- this act, shall be 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 banking association now existing under state laws, having not less...
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House Documents, Otherwise Publ. as Executive Documents: 13th ..., Volume 11

United States. Congress. House - United States - 1878 - 668 pages
...national banking association shall be held individually responsible, equally and ratably, and not one for another, for all contracts, debts and engagements...of their stock therein, at the par value thereof, iu addition to the amount invested iu such shares. Suits have been brought against the shareholders...
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National Bank Cases: Containing All Decisions of Both the Federal and State ...

Isaac Grant Thompson - National banks (U.S.) - 1878 - 1018 pages
...shareholders of the association shall be held individually responsible, equally and ratably, and not one for another, for all contracts, debts, and engagements...the amount of their stock therein at the par value, in addition to the amount invested in such shares. (ยง 12.) In the election of directors, and in deciding...
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Albany Law Journal, Volume 17

Law - 1878 - 560 pages
...association shall be held individually responsible, equally and ratably, and not one for the other, for all contracts, debts and engagements of such association...the amount of their stock therein at the par value in addition to the amount invested iu such shares. * * * 9 5201. No association shall make any loan...
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House Documents, Otherwise Publ. as Executive Documents: 13th ..., Volume 12

United States. Congress. House - United States - 1879 - 690 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...
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The Federal Reporter: Cases Argued and Determined in the ..., Volumes 21-22

Law reports, digests, etc - 1884 - 1902 pages
...be held individually responsible, equally and ratably, and not one for another, for all coptracts, debts, and engagements of such association, to the...in addition to the amount invested in such shares." In support of his demurrer the administrator cites a large number of adjudged cases, chiefly from Massachusetts...
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Cases Argued and Determined in the Circuit Courts of the United ..., Volume 3

United States. Circuit Court (5th Circuit), William Burnham Woods - Law reports, digests, etc - 1880 - 844 pages
...shall be held individually responsible equally and ratably, and not one for another, for all contracts and engagements of such association to the extent...in addition to the amount invested in such shares. So far as the bank and the publie were concerned, Moore & Janney were the owners of the stock. They...
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