 for all debts of such banking association, the directors thereof, if such association shall become insolvent, in the first place shall be liable in their individual capacity to the full amount which such insolvent association may be indebted ; and each...  Argument of E. C. Seaman - Seite 2von Ezra Champion Seaman - 1844 - 40 SeitenVollansicht - Über dieses Buch
 | Michigan - 1838 - 414 Seiten
...in their individual capacity to the full amount which such insolvent association may be when stock- indebted ; and each other stockholder shall thereafter...or her amount of stock, for the payment of the full amounl of the debts of such insolvent association ; and each stockholder shall be so liable respectively... | |
 | Michigan. Supreme Court, Randolph Manning, George C. Gibbs, Thomas McIntyre Cooley, Elijah W. Meddaugh, William Jennison, Hovey K. Clarke, Hoyt Post, Henry Allen Chaney, William Dudley Fuller, John Adams Brooks, Marquis B. Eaton, Herschel Bouton Lazell, James M. Reasoner, Richard W. Cooper - 1852 - 560 Seiten
...amount which such insolvent associations may be indebted ; and each stockholder shall thereafter be liable in like manner in proportion to his or her...amount of the debts of such insolvent association. Brooks et al. v. Hill. functions as such. By the terms of the 21st section, the liability of the directors... | |
 | Michigan. Supreme Court - 1880 - 696 Seiten
...amount which sucb insolvent associations may be indebted; and each stockholder shall thereafter be liable in like manner in proportion to his or her...amount of the debts of such insolvent association. This suit is brought upon the statutory liability of the defendants in the court below, as directors... | |
 | United States. Supreme Court - 1903 - 996 Seiten
...of two thirds of each branch of the legislature. The second act referred to provided as follows: — That, "for all debts of such banking association,...amount of the debts of such insolvent association." The bill filed by the Nesmiths claimed to hold the defendants responsible, as stockholders, for the... | |
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