 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
 | Kansas - Law - 1857 - 394 pages
...circulation a greater amount of the issues of this bank than is authorized by this act to be issued, the directors under whose administration it shall happen shall be liable for such excess in their individual capacities, and any creditor of the bank, or holder of its paper, may... | |
 | knowles, anthony - 1859 - 296 pages
...not exceed sixty-five per cent, of its capital stock actually paid into said bank ; and in case of excess, the directors under whose administration it...shall happen, shall be liable for the same in their private capacities. SEC. 2. In such case, an action may be brought against oracu them, or any of them,... | |
 | Massachusetts - Law - 1860 - 1158 pages
...bank shall become indebted beyond the amount al- Liability of diknred by the two preceding sections, 5 i # E sX2 oiH$*ln Iօ S2N7w Z N ' 2 -6 z< B f @z excess in their private *«• , ni.in *•' __ . __ j __ __ A! __ -f ___ j ___ j. _____ ?_ ____ t-... | |
 | Maryland - Law - 1870 - 480 pages
...excess, directors personally liaUnles8 they grre notice. Quorum for transaction of business. Dividends. administration it shall happen, shall' be liable for the same in their natural and private capacities, and an action may, in such cases, be brought against them, or any of... | |
 | Wisconsin - Law - 1867 - 596 pages
...the bank, shall not exceed twice the amount of capital stock subscribed 'and actually paid in to the said bank ; and in case of such excess, the directors...liable for the same in their separate and private capacities ; but this shall not be construed to exempt the said corporation or any estate, real or... | |
 | Benjamin Vaughan Abbott, Austin Abbott - Corporation law - 1869 - 1028 pages
...stockholders' liability. Where the charter of a bank provided that in case of an over issue of bills, " the directors, under whose administration it shall happen, shall be liable for the same in their private and individual capacity," and also that the stockholders should be liable for the ultimate... | |
 | John Pendleton Kennedy - United States - 1872 - 622 pages
...unless the contracting of any greater 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,... | |
 | Henry Harrison Metcalf, John Norris McClintock - New Hampshire - 1900 - 460 pages
...amount of monies deposited in said bank for safe keeping; and, in case of any excess, the President and directors under whose administration it shall happen shall be liable for the payment of the same in their private capacity, but this shall not be construed to exempt said corporation... | |
 | Henry Williams Domett - Banks and banking - 1884 - 240 pages
...hereinbefore limited shall be subscribed before such subscription shall take place on the part of the State. 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... | |
 | New York (State). - Law - 1887 - 624 pages
...bank shall not exceed three times the sum of the capital stock subscribed and actually paid into the said bank, and in case of such excess, the directors...liable for the same in their separate and private capacities, but this shall not be construed to exempt the said corporation or any estate real or personal... | |
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