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" Each stockholder of a corporation, or joint-stock association, shall be individually and personally liable for such proportion of all its debts and liabilities contracted or incurred, during the time he was a stockholder, as the amount of stock or shares... "
The Pacific Reporter - Página 156
1916
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The Supreme Court Reporter, Volume 22

1902 - 988 páginas
...corporation is individually and personally liable for such proportion of its debts and liabilities us good faith. Their meaning is to be ascertained by the same or shares of the corporation, and for a like proportion only of each debt or claim against the corporation....
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Census Reports Tenth Census. June 1, 1880: United States mining laws ... and ...

United States. Census Office. 10th Census, 1880 - 1885 - 742 páginas
...corporation is individually and personally liable for such proportion of its debts and liabilities ve or shares of the corporation, and for a like proportion only of each debt or claim against the corporation....
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Laws and resolutions passed by Legislature of 1883-84 at its extra session ...

California - 1885 - 366 páginas
...or joint stock association shall be individually ' and personally liable for such proportion of all its debts and liabilities, contracted or incurred during the time he was a stockholder, ns the amount of stock or shares owned by him bears to the whole of the subscribed capital stock or...
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The Codes and Statutes of California, as Amended and in Force at ..., Volume 1

California - 1886 - 964 páginas
...corporation or joint-stock association shall be individually and personally liable for such proportion of all its debts and liabilities contracted or incurred,...bears to the whole of the subscribed capital stock, or shares of the corporation or association. The directors or trustees of corporations and joint-stock...
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Estee's Pleadings, Practice, and Forms: Adapted to Actions and ..., Volume 1

Morris March Estee - 1886 - 728 páginas
...the liability is limited to such a proportion of the debt or claim against the corporation contracted during the time he was a stockholder as the amount of stock or shares owned by the stockholder bears to the whole of the subscribed capital stock or shares. This latter is the limit...
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The American Commonwealth, Volume 2

James Bryce Bryce (Viscount) - 1888 - 732 páginas
...or joint-stock association, shall be individually and personally liable for such proportion of all its debts and liabilities contracted or incurred,...bears to the whole of the subscribed capital stock or shares of the corporation or association. The directors or trustees of corporations and joint-stock...
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Reports of Cases Decided in the Circuit and District Courts of ..., Volume 13

Lorenzo Smith Boswell Sawyer, United States. Circuit Court (9th Circuit) - 1890 - 704 páginas
...constitution and statutes expressly make the stockholder personally liable for his "proportion of all its debts and liabilities contracted or incurred during the time he was a stockholder." There can be no such thing as a valid debt, or liability against a corporation, contracted while a...
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Elements of Civil Government

William Carey Jones, California. State Board of Education - 1891 - 266 páginas
...or joint-stock association, shall be individually and personally liable for such proportion of all its debts and liabilities contracted or incurred,...bears to the whole of the subscribed capital stock or shares of the corporation or association. The directors or trustees of corporations and joint-stock...
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Journal: Appendix. Reports

California. Legislature - 1891 - 491 páginas
...each stockholder in corporations is " individually and personally liable for such proportion of all its debts and liabilities contracted or incurred during...bears to the whole of the subscribed capital stock." A decided advantage over all other banks is conferred on Nationals by Section 5153, Revised Statutes,...
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Commentaries on the Law of Private Corporations: Whether with Or ..., Volume 1

Charles Fisk Beach (Jr.) - 1891 - 832 páginas
...stockholder of a corporation shall be individually and personally liable for such proportion of all its debts and liabilities contracted or incurred during the time he was stockholder as the amount of stock or shares owned by him bears to the whole of the capital stock,"...
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