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" ... the officers who shall make it, or who shall assent thereto, shall be jointly and severally liable to the extent of such loan and interest, for all the debts of the company contracted before the re-payment of the sum so loaned. "
Revised Code of the Public General Laws of the State of Maryland: With the ... - Page 316
by Maryland - 1879 - 1067 pages
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Reports of Cases Decided in the Court of Chancery of the State of ..., Volume 69

New Jersey. Court of Chancery - Law reports, digests, etc - 1907 - 930 pages
...therein : and if any snch loan shall be made to a stockholder or officer of the company, the officers who shall make it. or who shall assent thereto, shall be jointly and severally liable, to the extent of such loan and interest, for all the debts of the company contracted before the repaymenr...
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Acts of the General Assembly of the State of New Jersey

New Jersey - Session laws - 1842 - 1396 pages
...be made to a stockholder therein; and if any such loan shall be made to a stockholder, the officers who shall make it, or who shall assent thereto, shall be jointly and severally liable, to the extent of such loan and interest, for all the debts of the company contracted before the repayment...
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Acts of the General Assembly of the State of New Jersey

New Jersey - Session laws - 1847 - 954 pages
...be made to a stockholder therein ; and if any such loan shall be made to a stockholder, the officers who shall make it, or who shall assent thereto, shall be jointly and severally liable, to the extent of such loan and interest, for all the debts of the company contracted before the repayment...
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Laws of the State of New York Passed at the Sessions of the Legislature

New York (State). Legislature - Law - 1848 - 672 pages
...company to any stockholder therein ; and if any such loan shall be made to a stockholder, the officers who shall make it, or who shall assent thereto, shall be jointly and severally liable to the extent of such loan and interest, for all the debts of the company contracted before the repayment...
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Merchants' Magazine and Commercial Review, Volume 18

Commerce - 1848 - 694 pages
...company to any stockholder therein ; and if any such loan shall be made to a stockholder, the officers who shall make it, or who shall assent thereto, shall be jointly and severally liable to the extent ef such losn and interest, for all the debts of the company contracted before the repayment...
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The Law of Debtor and Creditor in the United States and Canada

James Philemon Holcombe - Debtor and creditor - 1848 - 528 pages
...and a majority of the directors. If any corporation fail to do so, all the stockholders thereof will be jointly and severally liable for all the debts of the corporation then existing, and for all that shall be contracted before such notice is given. 4th. If the directors...
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Laws of the State of New York

New York (State) - Session laws - 1853 - 1390 pages
...company to any stockholder therein ; and if any such loan shall be made to a stockholder, the officers who shall make it, or who shall assent thereto, shall be jointly and severally liable, to the extent of such loan and interest, for all the debts of the company contracted before the repayment...
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The Mining Magazine: Devoted to Mines, Mining Operations ..., Volume 1

Mineral industries - 1853 - 690 pages
...company to any stockholder therein ; and if any such loan shall be made to a stockholder, the officers who shall make it, or who shall assent thereto, shall be jointly and severally liable to the extent of such loan and interest, for all the debts of the company contracted before the re-payment...
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Compiled Laws of the State of California: Containing All the Acts of the ...

California, Selucius Garfielde, Frederick A. Snyder - Law - 1853 - 1108 pages
...company to any stockholder therein ; and, if any such loan shall be made to a stockholder, the officers who shall make it, or who shall assent thereto, shall be jointly and severally liable to the extent of such loan and interest, for all the debts of the company contracted before the repayment...
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Richmond's Book of Legal Forms and Law Manual: For the Legal Transaction of ...

Wellington Harrison Richmond - Commercial law - 1854 - 646 pages
...Stockprohibited. holder therein ; and if any such loan shall be made to a Stockholder, the officer or officers who shall make it or who shall assent thereto, shall be jointly and severally liable to the extent of such loan, with legal interest thereon, for all the debts •of the Company that may...
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