 In case of excess, the directors under whose administration it shall happen, shall be liable for the same in their natural and private capacities ; and an action of debt may in such case be brought against them, or any...  Laws of the State of New York - Page 234by New York (State) - 1813Full view - About this book
 | United States. Department of the Treasury - Finance - 1837 - 578 pages
...contract, (credits for deposites excepted, ) shall never exceed the amount of its capital stock. In case of excess, the directors, under whose administration it shall happen, shall be liable for it in their private or separate capacities. Those who may have dissented may excuse themselves from... | |
 | Tennessee - Law - 1838 - 626 pages
...cuirent coin) at any time exceed twice the amount of the capital stock paid in. ART. 6. In case 6f excess the directors under whose administration it...shall happen, shall be liable for the same in their private capacities, and an action of debt may in such case be brought against them or any of them or... | |
 | Québec (Province) - Law - 1838 - 366 pages
...I!. Bank obligatioos bow assignable. Books, papers, correspondence and funds. Half yearly dividends. whose administration it shall happen, shall be liable for the same in their private capacities, as well to the Stockholders as to the holders of Bank notes, and an action in this... | |
 | Michigan. Legislature. House of Representatives - Michigan - 1839 - 910 pages
...current coin,) at any time exceed twice the amount of the capital stock paid in. Article 6. In cage of excess, the directors, under whose administration...shall happen, shall be liable for the same in their private capacities, and an action of debt may, in such case, be brought against them or any' of them,... | |
 | Michigan. Legislature - Michigan - 1839 - 910 pages
...used for a definite time, and such permission shall only extend to such period of time; and in case of excess, the directors under whose administration it...shall happen, shall be liable for the same in their individual and private capacities, in an action of debt against them or any of them, in a court competent... | |
 | ORDER OF THE SENATE OF THE UNITED STATES - 1840 - 1122 pages
...it further enacted, That in case of a violation of the provisions of the 15th section of this act, the directors, under whose administration it shall happen, shall be liable for the surplus debts thus created, in their natural private capacities, and an action of debt may in such... | |
 | Canada - Law - 1841 - 578 pages
...Bank, shall not exceed three times the sum of the Capital Stock subscribed and actually paid into the Bank, and in case of such excess, the Directors under...shall happen, shall be liable for the same in their natural and private capacities ; but this shall not be construed to exempt the said Corporation, or... | |
 | United States. Congress. House - United States - 1841 - 624 pages
...unless the contracting of any ureater debt shall have been previously authorized by law. In case of excess, the directors under whose administration it...shall happen, shall be liable for the same in their natural and private capacities; and an action of debt may, in such case, be brought against them, or... | |
 | Illinois - 1841 - 954 pages
...for a definite time, and such permission shall only extend to such period of time; and in cases of excess, the directors under whose administration it...shall happen, shall be liable for the same in their private and individual capacities, in any proper action against them, inany court having jurisdiction... | |
 | Maine - Law - 1841 - 460 pages
...indebted, Liahiiity or di- beyond tile amount allowed by the two preceding sec™c™d"' tne™?y tions, the directors, under whose administration it shall happen, shall be liable for the excess in their private capacities; any condition, release or agreement to the contrary notwithstanding;... | |
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