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" The stockholders of every stock corporation shall, jointly and severally be personally liable for all debts due and owing to any of its laborers, servants or employes other than contractors, for services performed by them for such corporation. "
Popular Law Library, Putney... - Page 181
by Albert H. Putney - 1908
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Laws of the State of New York, Volume 2

New York (State) - 1867 - 1404 pages
...required. § 10. Each stockholder of this company shall be individually liable to the creditors thereof, to an amount equal to the amount of the stock held by him, for all the debts and liabilities of the company; but shall not be liable to an action therefor,...
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Statuts de la province du Canada

Canada - 1854 - 560 pages
...Stockholder of the said Corporation shall be severally and individually liable to the creditors thereof to an amount equal to the amount of the stock held by him, for all debts debts and contracts made by such Corporation, until the whole amount of the stock...
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Statutes of the Province of Canada, Part 1

Canada - 1854 - 556 pages
...Stockholder of the* said Corporation shall be severally and individually liable to the creditors thereof to an amount equal to the amount of the stock held by him, for all debts and contracts made by such Corporation, until the whole amount of the stock held...
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Annual Report of the Board of Railroad Commissioners of the State ..., Volume 3

New York (State). Board of Railroad Commissioners - 1907 - 796 pages
...stockholders. § 54. Every holder of capital stock not fully paid, in any stock corporation, shall be personally liable to its creditors, to an amount equal to the amount unpaid on the stock held by him for debts of the corporation contracted while such stock was held by...
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Annual Report, Volume 1

New York (State). Board of Railroad Commissioners - 1895 - 682 pages
...capital stock issued and outstanding at the time such debt was incurred shall have been fully paid. The stockholders of every stock corporation shall, jointly and severally be personally liable for all debts due and owing to any of its laborers, servants or employes other than contractors, for...
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Reports of Cases Argued and Determined in the Commission of ..., Volume 194

New York (State). Court of Appeals, George Franklin Comstock, Henry Rogers Selden, Francis Kernan, Hiram Edward Sickels - 1909 - 764 pages
...other things, that " Every holder of capital stock not fully paid, in any stock corporation, shall be personally liable to its creditors, to an amount equal to the amount unpaid on the stock held by him for debts of the corporation contracted while such stock was held by...
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Reports of Cases Argued and Determined in the Superior Court of the City of ...

Joseph S. Bosworth, New York (State). Superior Court (New York) - 1861 - 740 pages
...statute, are, under section 10, severally, individually, liable to the creditors of the Company, only to an amount equal to the amount of the stock held by them respectively, until the acts required by that section have been performed. Their liabilities are fundamentally different...
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Reports of Cases Decided in the Court of Appeals of the State of ..., Volume 46

New York (State). Court of Appeals, Hiram Edward Sickels - 1872 - 788 pages
...shall be, severally individually liable to the creditors of the company in which they are stockholders, to an amount equal to the amount of the stock held by them, respectively, for all debts and contracts made by the company, until the whole amount of stock, fixed and limited by...
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A Treatise on the Liability of Stockholders in Corporations

Seymour Dwight Thompson - 1879 - 584 pages
...stockholders in corporations are " severally and individually liable to the creditors of the company to an amount equal to the amount of the stock held by them, respectively, for all debts and contracts made by such company, until the whole amount of the capital stock fixed and...
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The Federal Reporter: Cases Argued and Determined in the ..., Volumes 87-88

1898 - 2046 pages
...upon statutory provisions, us where, by statute, the stockholders of a company are made individually liable to its creditors to an amount equal to the amount of stock held by them respectively. Flash v. Conn, 109 US 371, 3 Sup. Ct. 2ti3. The liability thus created...
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