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" The shareholders or stockholders of every banking or insurance corporation or association shall be held individually responsible, equally and ratably, and not one for another, for all contracts, debts, and engagements of such corporation or association,... "
Gold and Debt: An American Hand-book of Finance, with Over Eighty Tables and ... - Page 210
by William Lyman Fawcett - 1877 - 292 pages
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Miscellaneous Reports. Cases Decided in the Courts of Record of ..., Volume 23

New York (State). Courts - Law reports, digests, etc - 1898 - 882 pages
...corporation (referring to banking corporations), shall be individually responsible, equally and rntably, and not one for another, for all contracts, debts and engagements of such corporation to the extent of the amount of their stock therein at the par value thereof, in addition...
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The Northwestern Reporter, Volume 73

Law reports, digests, etc - 1898 - 1200 pages
...individual, to recover the amount of a pro rata assessment upon each share of stock. Each shareholder Is held Individually responsible, equally and ratably, and not one for another, for the debts and engagements of the banking association. Rev. St. US ! 6151. This liability is very easily...
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Reports of Cases Determined in the Supreme Court of the State of ..., Volume 19

Washington (State). Supreme Court, Eugene Genroy Kreider - Law reports, digests, etc - 1899 - 806 pages
...banking or insurance corporation or joint-stock association shall be individually and personally liable equally and ratably, and not one for another, for all contracts, debts, and engagements of such corporation or association accruing, while they remain such stockholders, to the extent of the amount...
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The New York Supplement, Volume 57

Law reports, digests, etc - 1899 - 1248 pages
...banking or insurance corporation or joint stock association shall be individually or personally liable, equally and ratably, and not one for another, for all contracts, debts and engagements of such corporation or association accruing while they remain such stockholders, to the extent of the amount...
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General Laws of New York: Containing All Amendments to the Close ..., Volume 3

New York (State) - Law - 1900 - 862 pages
...Except as prescribed in the stock corporation law, the stockholders of every such corporation shall be individually responsible, equally and ratably and...another, for all contracts, debts and engagements of such corporation, to the extent of the amount of their stock therein, at the par value thereof, in addition...
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United States Reports: Cases Adjudged in the Supreme Court, Volume 176

United States. Supreme Court, John Chandler Bancroft Davis, Henry Putzel, Henry C. Lind, Frank D. Wagner - Courts - 1900 - 746 pages
...rights, remedies or security of the existing creditors of the association shall be impaired. ****** SEC. 5151. The shareholders of every national banking...held individually responsible, equally and ratably, nnd not one for another, for all contracts, debts and engagements of such association, to the extent...
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Lawyers' Reports Annotated, Book 49

Law reports, digests, etc - 1900 - 944 pages
...anybanking or insurance corporation or joint stock association shall be individually and personally liable, equally and ratably. and not one for another, for all contracts, debts, and engagements of such corporation or association accruing while they remain such stockholders, to the extent of the amount...
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Report of the Department of the Interior ... [with Accompanying ..., Part 2

United States. Dept. of the Interior - 1900 - 1040 pages
...of any bank or insurance company shall be individually and personally liable, equally and ratablv, and not one for another, for all contracts, debts, and engagements of such bank or insurance company accruing while they remain such stockholders, to the extent of the amount...
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The American State Reports: Containing the Cases of General Value ..., Volume 75

Abraham Clark Freeman - Law reports, digests, etc - 1900 - 1030 pages
...contravention of sections 5151 and 5234 of the Revised Statutes of the United States, which provides that the shareholders of every national banking association shall be held individually responsible for its debts to the extent of the amount of their stock, and additional thereto, and that the comptroller...
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United States Circuit Courts of Appeals Reports: With Key-number Annotations ...

Appellate courts - 1900 - 842 pages
...declared in section 5151 of the Revised Statutes that the shareholders of every national bank should be held individually responsible, equally and ratably, and not one for another. Had the comptroller attempted to make such an assessment, he would have been acting beyond the scope...
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