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" The shareholders of every national banking association shall be held individually responsible, equally and ratably, and not one for another, for all contracts, debts, and engagements of such association to the extent of the amount of their stock therein,... "
The Federal Reserve Act: A Discussion of the Principles and Operations of ... - Página 182
por Clarence Walker Barron - 1914 - 223 páginas
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A Treatise on the Law of Private Corporations, Volume 2

Victor Morawetz - 1886 - 642 páginas
...for all contracts, debts, and engagements of such association, to the extent of the amount of their stock therein, at the par value thereof, in addition to the amount invested in such shares." When a national bank is insolvent, the extent to which the individual liability of the shareholders...
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The Code of Virginia: With the Declaration of Independence and the ...

Virginia - 1899 - 724 páginas
...for all contracts, debts, and engagements of such association to the extent of the amount of their stock therein at the par value thereof, in addition to the amount invested in such shares. 20. Persons holding stock as executors, administrators, guardians, or trustees shall not be...
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The Revised Statutes of the State of Illinois: Embracing All Laws of a ...

Illinois - 1887 - 2194 páginas
...contracts, debts and engagements of such person or association to the extent of the amount of their stock therein at the par value thereof, in addition to the amount invested in such shares, and it is hereby made the duty of the president and cashier within thirty days after organization...
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Pratt's Digest of the National Bank Act and Other Laws Relating to National ...

A.S. Pratt & Sons - 1886 - 252 páginas
...for all contracts, debts, and engagements of such association, to the extent of the amount of their stock therein, at the par value thereof, in addition to the amount invested in such shares ; except that shareholders of any banking association now existing under State laws, having...
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United States Reports: Cases Adjudged in the Supreme Court at ... and Rules ...

United States. Supreme Court - 1887 - 712 páginas
...for all contracts, debts, and engagements of such association, to the extent of the amount of their stock therein, at . the par value thereof, in addition to the amount invested in such shares." By § 5220, it was also provided that " Any association may go into liquidation and be closed...
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Acts Passed by the General Assembly of Georgia

Georgia - 1887 - 960 páginas
...a" contracts, debts and engagements holder.^, of said bank to the extent of the amount of his or her stock therein at the par value thereof, in addition to the amount invested in said stock. SEC. IV. The principal office of said bank shall be in EllaOffioe-. ville, in the county...
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The Supreme Court Reporter, Volume 7

1887 - 1458 páginas
...all contracter debts, and engagements of such association, to the extent of the amount of their stuck therein, at the par value thereof, in addition to the amount invested in such shares." The object of the action at law brought by the receiver of the Pacifie National Bank of Boston;...
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United States Supreme Court Reports, Volume 30

United States. Supreme Court - 1887 - 1244 páginas
...for all contracts, debts and engagements of such association, to the extent oil the amount of their stock therein, at the par value thereof, in addition to the amount invested hi such shares." The object of the action at law brought by the Receiver of the Pacific National Bank...
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Arkansas Reports: Cases Determined in the Supreme Court of the ..., Volume 116

Arkansas. Supreme Court - 1916 - 638 páginas
...another, for all contracts, debts and engagements of such bank, to the extent of the amount of 'their stock therein, at the par value thereof, in addition to the amount invested in such stock; provided, that persons holding stock as executors, administrators, guardians or trustees shall not...
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A Treatise on the Law of Banks and Banking, Volume 2

John Torrey Morse (Jr.) - 1888 - 712 páginas
...573. See Lien on Shares, §§ 112, 112 a. 2 §§ 112 6 and 106 a. the extent of the amount of their stock therein, at the par value thereof, in addition to the amount invested in such shares ; except that shareholders of any banking association now existing under State laws, having...
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