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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... "
North Carolina Corporation Code, Annotated: Containing the Statutes ... - Page 148
by James Hinton Pou - 1922 - 1021 pages
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The Bankers' Magazine, and Journal of the Money Market, Volume 39

Banks and banking - 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 - 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

Commerce - 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 - United States - 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 - Session laws - 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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Cases Argued and Adjudged in the Supreme Court of the ..., Volume 8; Volume 75

United States. Supreme Court - Law reports, digests, etc - 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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Acts of the General Assembly of the State of New Jersey

New Jersey - Session laws - 1872 - 1572 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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The Laws of Wisconsin

Wisconsin - Session laws - 1935 - 1308 pages
...to an amount in excess of ten per centum of the resources of such association. (b) Every such member shall be individually responsible, equally and ratably,...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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Practical Information Concerning the Public Debt of the United States: With ...

William Adams Richardson - History - 1873 - 208 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 the amount of their stock therein at the par value thereof, in addition...
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Practical Information Concerning the Public Debt of the United States: With ...

William Adams Richardson - History - 1873 - 192 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 the amount of their stock therein at the par value thereof, in addition...
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