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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... "
Message from the President of the United States, Transmitting the Report of ... - Page 151
by United States. Hawaiian Commission - 1898 - 724 pages
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Michigan Reports: Cases Decided in the Supreme Court of Michigan, Volume 97

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 - Law reports, digests, etc - 1894 - 778 pages
...proportion of all its debts and liabilities, contracted or incurred during the time he was a stockholder, as the amount of stock or shares owned by him bears...subscribed capital stock or shares of the corporation or association." It is proper to state that the sole question presented by this record is the right...
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Revised Laws of the State of California: In Four Codes : Political ..., Volume 2

California, California. Commission to Revise the Laws of California - California - 1871 - 894 pages
...corporftockholdere . ration is severally, individually and personally liable for such proportion of all its debts and liabilities as the amount of stock or shares owned by him in such corporation bears to the whole of the subscribed capital stock or shares of the corporation,...
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The Civil Code of the State of California, Volume 1

California - Civil law - 1872 - 728 pages
...corpora- Liabilities tion is severally, individually, and personally liable for such proportion of all its debts and liabilities as the amount of stock or .shares owned by him in such corporation bears to the whole of the subscribed capital stock or shares of the corporation,...
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Statutes of California and Digests of Measures

California - Session laws - 1874 - 524 pages
...stockholder of a corporation ia individually and per- holders. sonally liable for such proportion of its debts and liabilities as the amount of stock or shares...only of each debt or claim against the corporation. Any creditor of the corporation may institute joint or several actions against any of its stockholders,...
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The Civil Code of the State of California: As Enacted in 1872, and Amended ...

California - Civil law - 1876 - 622 pages
...322. Each stockholder of a corporation is individually and personally liable for such portions of its debts and liabilities as the amount of stock or shares...only of each debt or claim against the corporation. Any creditor of the corporation may institute joint or several actions against any of its stockholders,...
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The Law of Private Corporations: Being the Law of Private Corporations Under ...

John Proffatt - Corporation law - 1876 - 252 pages
...Stockholders. Each stockholder of a corporation is individually and personally liable for such portions of its debts and liabilities as the amount of stock or shares...only of each debt or claim against the corporation. Any creditor of the corporation may institute joint or several actions against any of its stockholders,...
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Statutes of California Passed at the ... Session of the Legislature

California - Session laws - 1876 - 154 pages
...individually and Liability of personally liable for such proportion of its debts and liabili- l,'",^. ties as the amount of stock or shares owned by him bears...only of each debt or claim against the corporation. Any creditor of the corporation may institute joint or several actions against any of its stockholders...
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The Civil Code of the State of California, as Enacted in 1872: Amended at ...

California - Civil law - 1876 - 626 pages
...and personally liable for such portions of its debts and liabilities as the amount of stock or shaves owned by him bears to the whole of the subscribed...and for a like proportion only of each debt or claim igainst the corporation. Any creditor of the corporation may institute joint or several actions against...
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The Civil Code of the State of California: As Enacted in 1872, Amended at ...

California - Civil law - 1876 - 626 pages
...322. Each stockholder of a corporation is individually and personally liable for such portions of its debts and liabilities as the amount of stock or shares...owned by him bears to the whole of the subscribed eapital stock or shares of the corporation, and for a like proportion only of each debt or claim Igainst...
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The Pacific law encyclopedia

Jabez Franklin Cowdery - 1878 - 842 pages
...Each stockholder of a corporation is individually and personally liable for such proportion of its debts and liabilities as the amount of stock or shares...only of each debt or claim against the corporation. Any creditor of the corporation may institute joint or several actions against any of its stockholders,...
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