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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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Acts Passed by the General Assembly of Georgia

Georgia - Law - 1887 - 960 pages
...equally and ratably, and not one for another, for all contracts, debts and engagements of such bank to the extent of the amount of their stock, therein...in addition to the amount invested in such shares. The rights and privileges herein Term of by this charter granted shall be valid and in effect for fifty...
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Handbook of Republican Institutions in the United States of America: Based ...

Dugald J. Bannatyne - New York (State) - 1887 - 652 pages
...every national banking association are individually responsible, equally and ratably, and not for one another, for all contracts, debts, and engagements...the extent of the amount of their stock therein, at par value, in addition to the amount invested in such shares ; but shareholders of any banking association,...
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United States Supreme Court Reports, Volume 30

United States. Supreme Court - Law reports, digests, etc - 1887 - 1244 pages
...not one for another, for all contracts, debts and engagements of such association, to the extent oil the amount of their stock therein, at the par value thereof, in addition to the amount invested hi such shares." The object of the action at law brought by the Receiver of the Pacific National Bank...
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The Supreme Court Reporter, Volume 7

Law reports, digests, etc - 1887 - 1458 pages
...all contracter debts, and engagements of such association, to the extent of the amount of their stuck therein, at the par value thereof, in addition to the amount invested in such shares." The object of the action at law brought by the receiver of the Pacifie National Bank of Boston; in...
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The American State Reports: Containing the Cases of General Value ..., Volume 3

Abraham Clark Freeman - Law reports, digests, etc - 1888 - 978 pages
...share-holders of a national bank shall be " individually responsible, equally and ratably, and not one for another, for all contracts, debts, and engagements...value thereof, in addition to the amount invested i:i such shares. " Under this act, it is further left to the comptroller of the currency to determine...
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Arkansas Reports: Cases Determined in the Supreme Court of the ..., Volume 116

Arkansas. Supreme Court - Law reports, digests, etc - 1916 - 638 pages
...equally and ratably, and not one for another, for all contracts, debts and engagements of such bank, to the extent of the amount of 'their stock therein,...thereof, in addition to the amount invested in such stock; provided, that persons holding stock as executors, administrators, guardians or trustees shall...
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A Treatise on the Law of Banks and Banking, Volume 2

John Torrey Morse (Jr.) - Banking law - 1888 - 712 pages
...Allen ». The Assessors, 3 Wall. 573. See Lien on Shares, §§ 112, 112 a. 2 §§ 112 6 and 106 a. the extent of the amount of their stock therein, at...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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The New York Supplement, Volume 179

Law reports, digests, etc - 1920 - 1116 pages
...another, for all contracts, debts and engagements of such corporation, to the extent of the (179 NYS) amount of their stock therein, at the par value thereof,...In addition to the amount Invested In such shares." Consol. Laws 1909, c. 2. In Chase v. Lord, 77 NY 1, Judge Danforth, writing for the Court of Appeals...
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Extracts from the Laws of the United States Relating to Currency and Finance

United States - Finance, Public - 1889 - 90 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...in addition to the amount invested in such shares. . . . [But shareholders of any banking association now existing under State laws, having not less than...
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National Bank Cases: Containing All Decisions of Both the Federal ..., Volume 3

Irving Browne - National banks (U.S.) - 1889 - 824 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." We can conceive a state of facts to which this would not apply, even where one is a nominal shareholder....
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