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" All the stockholders of every company incorporated under this act, shall be severally, individually liable to the creditors of the company in which they are stockholders, to an amount equal to the amount of stock held by them respectively... "
Building and Loan Associations - Page 643
by United States. Bureau of Labor - 1894 - 719 pages
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Reports of Practice Cases, Determined in the Courts of the State ..., Volume 8

Civil procedure - 1870 - 590 pages
...appear. We have, then, this state of facts. The stockholders are liable for all the debts of the company to an amount equal to the amount of stock held by them, and are so liable as partners on the indebtedness as original debtors at the moment the contract with...
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Albany Law Journal, Volume 34

Law - 1887 - 542 pages
...provides the stockholders of the corporation " shall be responsible, in their individual property, In an amount equal to the amount of stock held by them, respectively, to make good losses to depositors or others." It will be perceived, from a close reading of the charter,...
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Statutes at Large of the State of New York: Comprising the Revised ..., Volume 7

New York (State) - Law - 1870 - 860 pages
...shall be severally individually liuble to the creditors of company in which they are stockholders, to the amount of stock held by them respectively, for all debts and contracts made by said company. <§ 9. Every corporation created under this act shall possess the...
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Acts of the Legislature of the State of Michigan, Volume 1

Michigan - Law - 1871 - 570 pages
...individual Sec. 8. All of the stockholders of anv such company shall stoekholders \y c individually liable to an amount equal to the amount of stock held by them respectively, for all the labor performed, and also for all ties, wood, and supplies furnished for the company, but they...
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Practice Reports in the Supreme Court and Court of Appeals, Volume 41

Nathan Howard (Jr.) - Civil procedure - 1871 - 704 pages
...Barb., 484.J G. Where, by statute, stockholders are made liable for all the debts of « corporation, to an amount equal to the amount of stock held by them, they are so liable as partner*, on the indebtedness, as original debtors, at the amount the contruct...
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October term, 1870-December term, 1871

Ohio. Superior Court (Cincinnati) - Law reports, digests, etc - 1872 - 672 pages
...stockholders of a corporation are by statute severally individually liable to the creditors of the company, to an amount equal to the amount of stock held by them respectively, this liability, from. the time of the commencement of a suit for a debt exceeding the principal of...
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Miscellaneous Documents: 30th Congress, 1st Session - 49th ..., Volume 2

United States. Congress. House - United States - 1874 - 1172 pages
...stockholders of said corporation shall be severally individually liable to the creditors of said corporation, to an amount equal to the amount of stock held by them respectively, for all debts aud contracts made by said corporation, until the amount of the capital stock of said corporation shall...
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Statutes of the Province of Quebec

Québec (Province) - Session laws - 1874 - 422 pages
...provided, however, that the stockholders of the company shall be severally individually liable pro rala to the amount of stock held by them respectively, for all debts that maybe due and owing to all or any of their laborers, for services performed for such corporation....
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Statutes of the Province of Quebec Passed in the Session Held in the ...

Québec (Province). - Session laws - 1874 - 440 pages
...provided, however, that the stockholders of the company shall be severally individually liable pro rata to the amount of stock held by them respectively, for all debts that may be due and owing to all or any of their laborers, for services performed for such corporation....
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Reports of Committees: 30th Congress, 1st Session - 48th Congress ..., Volume 1

United States. Congress. Senate - United States - 1875 - 794 pages
...stockholders of said corporation shall be severally individually liable to the creditors of said corporation, to an amount equal to the amount of stock held by them respectively, for all debts and contracts made by said corporation, until the amount of the capital stock of said corporation shall...
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