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" Each shareholder, until the whole amount of his stock has been paid up, shall be individually liable to the creditors of the company to an amount equal to that not paid up thereon, but shall not be liable to an action therefor by any creditor before an... "
The Revised Statutes of the Province of Quebec: Promulgated and Published in ... - Page 338
by Québec (Province) - 1888 - 721 pages
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Journals ..., Volume 18

Canada. Parliament. Legislative Council - 1860 - 368 pages
...such Director is sued therefor " within one year from the time he ceased to be a Director, nor yet before an execution " against the Company has been...returned unsatisfied in whole or in part ; and the amount " duo on such execution shall be the amount recoverable, with costs, against the Directors." Page 11,...
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Annual Report of the Board of Railroad Commissioners of the State ..., Volume 3

New York (State). Board of Railroad Commissioners - Railroads - 1907 - 796 pages
...corporation until judgment therefor has been recovered against the corporation, and an execution thereon has been returned unsatisfied in whole or in part,...shall be the amount recoverable, with costs against the stockholder. No stockholder shall be personally liable for any debt of the corporation not payable...
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Statutes of the Province of Canada

Canada - Law - 1859 - 704 pages
...equal to the amount unpaid on the Stock held by him, but shall not be liable to an action therefor before an execution against the Company has been returned...shall be the amount recoverable with costs against the Share holders. 92. The Capital Stock of the Company may be increased to increase of any sum not...
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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 - Law reports, digests, etc - 1909 - 764 pages
...corporation until judgment therefor has been recovered against the corporation, and an execution thereon has been returned unsatisfied in whole or in part,...on such execution shall be the amount recoverable, witli costs 168 FIRESTONE TIKE & RUHBER Co. v. AONEW. [Jan., Opinion of the Court, per VANN, J. [Vol....
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Laws of the State of New York

New York (State) - Session laws - 1860 - 1206 pages
...before an execution shall be returned unsatisfied in whole or in part against the corporation, and then the amount due on such execution shall be the amount recoverable with costs, against Buch stockholders; but in no event shall the stockholders be held personally liable to the said company,...
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Laws Enacted in the General Assembly of the Commonwealth of Pennsylvania ...

Pennsylvania. Laws, statutes, etc - Law - 1860 - 994 pages
...an execution shall be returned unsatisfied, in whole or in part, against said corporation, and then the amount due on such execution shall be the amount recoverable, •with costs, apainst such stockholders. SECTION 8. That the directors may require payment of sub- Payment of subscriptions...
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Statutes of the Province of Canada

Canada - Law - 1860 - 1118 pages
...Creditors Shareholders of the Company, to an amount equal to that not paid up thereon ; defined and but shall not be liable to an action therefor by any creditor, "mited> before an execution against the Company has been returned unsatisfied in whole or in part ;...
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Public and Local Acts of the Legislature of the State of Michigan

Michigan - Law - 1861 - 702 pages
...therefor before an execution shall be returned unsatisfied, in whole or in part, against the corporation; and the amount due on such execution shall be the amount recoverable, with costs, against any such stockholder; and every stockholder against whom any such recovery for labor shall have been...
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Statuts de la province du Canada

Canada - Session laws - 1861 - 418 pages
...exigible, nor yet unless such Director is sued thereon or therefor within one year thereafter, nor yet before an execution against the Company has been returned unsatisfied in whole or part ; and the amount due on such execution shall be the amount recoverable, with costs, against the...
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Journals ..., Volume 19

Canada. Parliament. Legislative Council - 1861 - 374 pages
...exigible, nor yet unless such Director is sued thereon or therefor, ' within one year thereafter, udr yet before an execution against the Company has been ' returned unsatisfied in whole or part; and the amount due on such execution shall be ' the amount recoverable, with costs, against the...
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