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" ... jointly and severally liable, to the extent of such loan and interest, for all the debts of the company contracted before the repayment of the sum. so loaned. "
Acts - Page 367
by Tennessee - 1850
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Acts of the General Assembly of the State of New Jersey

New Jersey - 1874 - 1412 pages
...a stockholder therein; and if any such loan is made to a stockholder, the officers who make it, or assent thereto, shall be jointly and severally liable to the extent of such loan and interest thereon, for all the debts of the company, contracted before the repayment of the sum so loaned. vided...
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Merchants' Magazine and Commercial Review, Volume 18

1848 - 694 pages
...part of the capital »lock, and no loan of money shnll be made by any such company to any stockholder therein ; and if any such loan shall be made to a...shall be jointly and severally liable to the extent ef such losn and interest, for all the debts of the company contracted before the repayment of the...
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Merchants' Magazine and Commercial Review, Volume 18

1848 - 688 pages
...part of the capital Mock, and no loan of money shall be made by any such company to any stockholder therein ; and if any such loan shall be made to a...stockholder, the officers who shall make it, or who shall absent thereto, shall be jointly and severally liable to the extent of such loan and interest, for...
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The Law of Debtor and Creditor in the United States and Canada

James Philemon Holcombe - 1848 - 528 pages
...liability. 5th. No loan of money may be made by any such corporation, other than banks, to stockholders therein : and if any such loan shall be made to a stockholder, the officers who make it or assent thereto will be jointly and severally liable, to the extent of such loan and interest,...
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Laws

Illinois - 1849 - 452 pages
...°' l'le саР^' st°ck, and no loan of money shall be made by any such company to any stockholder therein; and if any such loan shall be made to a stockholder, the officers who shall make it, Pceen«.ty Of °ff" or who sha11 assent tllenito> shal1 be j°inl'y and severally liable to the extent...
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Laws

Illinois - 1853 - 276 pages
...if any such loan shall be made to a stockholder, the officers who shall make it, Penaityof officers or who shall assent thereto, shall be jointly and severally liable to f he extent of such loan and interest, for all the debts of the company contracted while they are stockholders...
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The Compiled Statutes of the State of New Hampshire: To which are Prefixed ...

New Hampshire - 1854 - 712 pages
...clerk of the corporation, who shall record the same, they shall be exempted from the said liability. who shall assent thereto, shall be jointly and severally...of such loan and interest, for all the debts of the corporation contracted before the payment of the sum so loaned. 6. The whole amount of the debts of...
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Parliamentary Papers, Volume 27

Great Britain. Parliament. House of Commons - 1854 - 328 pages
...loan of money shall be made by any such company to any stockholder therein ; ^Cgr; consenth,° tol. and. if any such loan shall be made to a stockholder, the officers who shall make it, or loan to stockholders. who shall assent thereto, shall be jointly and severally liable to the extent...
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Report

Great Britain. Commissioners appointed to inquire and ascertain how far the Mercantile Laws in the different parts of the United Kingdom of Great Britain and Ireland may be advantageously assimilated and also whether any and what alterations and amendments should be made in the Law of artnership as regards the question of the limited or unlimited responsibility of partners - 1854 - 330 pages
...loan of money shall be made by any such company to any stockholder therein ; J^,! consenting tcTa " and if any such loan shall be made to a stockholder, the officers who shall make it, or loan to stockholders. " who shall assent thereto, shall be jointly and severally liable to the extent...
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Richmond's Book of Legal Forms and Law Manual: For the Legal Transaction of ...

Wellington Harrison Richmond - 1854 - 646 pages
...no loan of money ItShoid"™1""" sta11 be made by anv Sl»ch Company to any Stockprohibited. holder therein ; and if any such loan shall be made to a Stockholder, the officer or officers who shall make it or who shall assent thereto, shall be jointly and severally liable...
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