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" The shareholders or stockholders of every banking or insurance corporation or association shall be held individually responsible, equally and ratably, and not one for another, for all contracts, debts, and engagements of such corporation or association,... "
Acts and Resolves Passed by the ... Legislature of the State of Maine - Page 221
by Maine - 1891
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The Bankers' Magazine, and Journal of the Money Market, Volume 39

1879 - 1110 pages
...national bank act, 10. The shareholders of every national bank are each made individually responsible, equally and ratably, and not one for another, for...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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Public Documents of Massachusetts, Volume 6, Part 1

Massachusetts - 1894 - 760 pages
...the absolute property of such corporation. SECT. 14. The shareholders of such corporation shall be held individually liable, equally and ratably, and...another, for all contracts, debts and engagements of the corporation, to the extent of the amount of their stock therein at the par value thereof, in addition...
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The Voter's Text Book, Comprising a Collection of the Most Important ...

James M. Hiatt - 1868 - 426 pages
...banking association that may accept the provisions of this act, shall be held individually responsible, equally and ratably, and not one for another, for...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...
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Wisconsin Session Laws

Wisconsin - 1868 - 1516 pages
...reformed under the provisions of this act shall be held 8 P° n8iWe individually responsible, equably 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, at the par value thereof, in addition...
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A General Digest of the Law of Corporations: Presenting the American ...

Benjamin Vaughan Abbott, Austin Abbott - 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...
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Cases Argued and Adjudged in the Supreme Court of the ..., Volume 8; Volume 75

United States. Supreme Court - 1870 - 738 pages
...Banks," provides, by its 12th section, that the shareholders "Shall be held individually responsible, equally and ratably, and not one for another, for...engagements of such association, to the extent of their stock therein, at the par value thereof, in addition to the amount invested in such shares, except,...
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Albany Law Journal, Volume 38

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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Laws Enacted in the General Assembly of the Commonwealth of Pennsylvania ...

Pennsylvania. Laws, statutes, etc - 1873 - 1238 pages
...by law. or stock. SECTION 13. The stockholders of said bank shall be held individually responsible, equally and ratably, and not one for another, for all contracts, debts and engagements of said bank to the extent of double the amount of the stock subscribed Qualifications of directors. Vjcanciei....
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The Laws of Wisconsin

Wisconsin - 1935 - 1308 pages
...centum of the resources of such association. (b) Every such member shall be individually responsible, equally and ratably, and not one for another, for all contracts, debts, and engagements of the credit union finance corporation. to the extent of the amount of its shares therein at the par...
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Cases Argued and Determined in the Circuit and District Courts of ..., Volume 3

United States. Circuit Court (7th Circuit), Josiah Hooker Bissell - 1874 - 590 pages
...in the way of illustration. The shareholders of the association are held individually responsible, equally and ratably, and not one for another, for...contracts, debts and engagements of such association to the amount of their stock Union National Bank vs. City of Chicago. therein at the par value in addition...
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