In the event of the property and assets of the bank being insufficient to pay its debts and liabilities, each shareholder of the bank shall be liable for the deficiency to an amount equal to the par value of the shares held by him, in addition to any... The Canadian Banking System - Página 28por Joseph French Johnson - 1910 - 191 páginasVisualização integral - Acerca deste livro
| 1881 - 638 páginas
...association for circulation, deposits, or otherwise, each shareholder shall be liable to the amount of the par value of the shares held by him, in addition to the amount invested in such shares." In 1864, however, this provision was changed, and is now in force... | |
| 1881 - 496 páginas
...association for circulation , deposits or otherwise, each shareholder shall be liable to the amount of the par value of the shares held by him, in addition to the amount invested in such shares." This provision was changed in 1864, and has been since, and is... | |
| United States. Supreme Court - 1881 - 822 páginas
...association for circulation, deposits, or otherwise, each shareholder shall be liable to the amount of the par value of the shares held by him, in addition to the amount invested in such shares." This provision was changed in 1864, and has been since and is... | |
| United States. Supreme Court - 1885 - 1302 páginas
...association for circulation, deposits or "otherwise, each shareholder shall be liable to the amount of \ i 6l ϟz{ Wםy KC_ ̳ / the amount invested in such shares." This provision was changed in 1864, and has been since and is... | |
| 1915 - 1230 páginas
...to the whole subscribed capital stock and the liability of a shareholder in a Canadian bank for "an amount equal to the par value of the shares held by him" (in addition to any amount not paid up). Each is a liability declared by statute, and each Is a liability differing from and superimposed upon... | |
| 1884 - 1126 páginas
...association for circulation, deposits, or otherwise, each shareholder shall be liable to the amount of the par value of the shares held by him, in addition to the amount invested in such shares." This provision was changed in 1864, and has been since and is... | |
| 1913 - 1288 páginas
...event of its property and assets being insufficient to pay its debts and liabilities, were and are liable for the deficiency to an amount equal to the par value of the shares held by them, in addition to any amount not paid up on such shares. "IV. .That, in the proceedings entitled... | |
| Irving Browne - 1889 - 824 páginas
...association for circulation, deposits or otherwise, each shareholder shall be liable to the amount of the par value of the shares held by him, in addition to the union m invested in such shares." This provision was changed in 1864, and has been since, and is... | |
| 1923 - 966 páginas
...For the benefit of readers who may not understand the phrase, we will quote the section in full : " In the event of the property and assets of the bank...addition to any amount not paid up on such shares" (Sec. 125). We can remember when the practical value of this power to call on the shareholders, in... | |
| 1890 - 400 páginas
...to the general rule in the case of the national bank, but even in this instance liability is limited to an amount equal to the par value of the shares held. This is, if the national bank fails, each stockholder may not only loose what he has invested but $100... | |
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