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" ... 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 at the par value thereof, in addition to the amount... "
Miscellaneous Reports. Cases Decided in the Courts of Record of the State of ... - Page 665
by New York (State). Courts - 1899
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Acts and Resolves as Passed by the Legislature

Maine - 1915 - 1164 pages
...its capital stock has been paid into its treasury in cash at par. Section 10. Each stockholder of the corporation shall be individually responsible, equally and ratably, and not one for the other, for all contracts, debts, and engagements of such corporation, to a sum equal to the amount...
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The Bankers' Magazine, and Journal of the Money Market, Volume 39

1879 - 1110 pages
...the provisions of the national bank act, 10. The shareholders of every national bank are each made individually responsible, equally and ratably, and...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...
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Public Documents of Massachusetts, Volume 6, Part 1

Massachusetts - 1894 - 760 pages
...such corporation. SECT. 14. The shareholders of such corporation shall be held individually liable, equally 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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The Merchants' Magazine and Commercial Review, Volume 51

1864 - 496 pages
...each existing hank or hanking association that may except the provisions of this act, shall he held individually responsible, equally and ratably, and...another, for all contracts debts, and engagements of such association, 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
...each existing bank or banking association that may accept the provisions of this act, shall be held individually responsible, equally and ratably, and...for all contracts, debts, and engagements of such association to the extent of amount of their stock therein at the par value thereof, in addition to...
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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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An Analytical Digest of the Laws of the United States, Volume 2

Frederick Charles Brightly - 1869 - 680 pages
...provisions of this act, {(o'idenif *tock" shall be held individually responsible, equally and rateably, How character authorities of said state shall claim us swamp and overflowe association, to the extent of the amount of their stock therein at the par value thereof, in addition...
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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
...known as our "National Banks," provides, by its 12th section, that the shareholders "Shall be held individually responsible, equally and ratably, and...for all contracts, debts, and engagements of such association, to the extent of their stock therein, at the par value thereof, in addition to the amount...
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A Treatise on the Law Relating to Banks and Banking: With an Appendix ...

John Torrey Morse (Jr.) - 1870 - 600 pages
...accept the provisions of this act, shall be held individually responsible, equally and ratably, aud not one for another, for all contracts, debts, and engagements of such association to the extent of the amount of their stock therein at the par value thereof, in addition...
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Acts of the General Assembly of the State of New Jersey

New Jersey - 1872 - 1602 pages
...transferable in such manner as the by laws of said corporation may prescribe, and each stockholder shall be individually responsible, equally and ratably, and not one for another for all debts and engagements of the corporation to the full amount of his whole stock therein at the par value...
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