 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...  Statutes of California and Digests of Measures - Page 275by California - 1895Full view - About this book
 | American Bar Association - Bar associations - 1878 - 820 pages
...capital stock ; and that the directors and trustees of corporations and joint stock companies shall be jointly and severally liable to the creditors and...moneys embezzled or misappropriated by the officers of the corporation during the term of office of the director or trustee. The legislature is not authorized... | |
 | California - Constitutions - 1879 - 442 pages
...the timo he was a stockholder, as the amount of stock or shares owned by him bears to the whole of the subscribed capital stock, or shares of the corporation...during the term of office of such director or trustee. § 4. The term corporations, as used in this article, shall be construed to include all associations... | |
 | California - Constitutions - 1879 - 216 pages
...the time he was a stockholder, as the amount of stock or shares owned by him bears to the whole of the subscribed capital stock, or shares of the corporation...during the term of office of such director or trustee. § 4. The term corporations, as used in this article, shall he construed to include all associations... | |
 | Law - 1879 - 582 pages
...capital stock; and that the directors and trustees of corporations and joint-stock companies shall be jointly and severally liable to the creditors and...moneys embezzled or misappropriated by the officers of the corporation during the term of office of the director or trustee. The Legislature is uot authorized... | |
 | Henry A. Gaston - Commercial law - 1880 - 336 pages
...the time he was a stockholder, as the amonnt of stock or shares owned by him bears to the whole of the subscribed capital stock or shares of the corporation...during the term of office of such director or trustee. SEC. 4. The term corporations, as used in this article, shall be construed to include all associations... | |
 | Encyclopedias and dictionaries - 1880 - 914 pages
...the time he was a stockholder, as the amount of stock or shares owned by him bears to the whole of the subscribed capital stock or shares of the corporation...during the term of office of such director or trustee." "No railroad or other transportation company shall grant free passes, or passes or tickets at a discount,... | |
 | Encyclopedias and dictionaries - 1880 - 912 pages
...the time he was a stockholder, as the amount of stock or shares owned by him bears to the whole of the subscribed capital stock or shares of the corporation...officers of such corporation or joint-stock association daring the term of office of such director or trustee." " No railroad or other transportation company... | |
 | Jonathan Henry Jellett - Bankruptcy - 1880 - 394 pages
...liability of a stockholder of a corporation created under the Constitution and laws of this State. The directors or trustees of corporations and joint-stock...association during the term of office of such director ot trustee. Contracts to relieve directors or trustees from this liability are null and void. A corporation... | |
 | California - Educational law and legislation - 1881 - 126 pages
...the time he was a stockholder, as the amount of stock or shares owned by him bears to the whole of the subscribed capital stock, or shares of the corporation...during the term of office of such director or trustee. SEC. 5. The Legislature shall have no power to pass any Act granting any charter for banking purposes,... | |
 | California - California - 1881 - 432 pages
...the time he was a stockholder, as the amount of steck or shares owned Ъу him bears to the whole of the subscribed capital stock or shares of the corporation...associations shall be jointly and severally liable to the créditera and stockholders for all moneys embezzled or misappropriated by the,officers of such... | |
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