| United States - Banking law - 1878 - 308 pages
...each existing bunk or banking association that may accept the provisions of individual iia- this act, shall be held individually responsible, equally and...in addition to the amount invested in such shares ; except that shareholders of any banking association now existing under state laws, having not less... | |
| United States. Congress. House - United States - 1878 - 668 pages
...5151 of the Revised Statutes of the United States provides that the shareholders of every national banking association shall be held individually responsible,...of their stock therein, at the par value thereof, iu addition to the amount invested iu such shares. Suits have been brought against the shareholders... | |
| Isaac Grant Thompson - National banks (U.S.) - 1878 - 1018 pages
...in his name, as we have seen. By the 12th section of the National Currency Act, the shareholders are "individually responsible, equally and ratably, and...another, for all contracts, debts and engagements, to the extent of their stock therein, at the par value thereof, in addition to the amount invested... | |
| Law - 1878 - 560 pages
...existing creditors of the association shall be impaired. Again, ยง5151. The shareholders of every national banking association shall be held individually responsible, equally and ratably, and not one for the other, for all contracts, debts and engagements of such association to the extent of the amount... | |
| John Torrey Morse - Banking law - 1879 - 724 pages
...this act, and of each existing bank or banking association that may accept the provisions of this act, shall be held individually responsible, equally and...in addition to the amount invested in such shares ; except that shareholders of any banking association now existing under State laws having not less... | |
| United States. Congress. House - United States - 1879 - 690 pages
...the provisions of the nationalIjank act. 10. The shareholders of every national bank are each made individually responsible, equally and ratably, and...engagements of such association, to the extent of their stock therein, at its par value, in addition to the amount invested in such shares; thus giving... | |
| Law reports, digests, etc - 1896 - 2118 pages
...the shareholders of a national bank by section 5151, Eev. St., which provides that the shareholders "shall be held individually responsible, equally and...in addition to the amount invested in such shares, except," etc. Section 5234, Eev. St., provides, in the case of the appointment of a receiver of a national... | |
| Law reports, digests, etc - 1883 - 1914 pages
...passage of this act.' Section 5151 of the national banking act declares "shareholders of every national banking association shall be held individually responsible,...the extent of the amount of their stock therein, at par value thereof, in addition to the amount invested in such shares." This position on the part of... | |
| Georgia - Law - 1880 - 476 pages
...and ratably, and j^'.^. not one for another, for all contracts, debts and engagements oferasaid bank, to the extent of the amount of their stock therein,...thereof, in addition to the amount invested in such stock. Approved October 14, 1879. CHARTER OF GEORGIA BANKING AND TRUST COMPANY AMENDED. No. 91. An... | |
| Law reports, digests, etc - 1881 - 1900 pages
...Statutes of the United States, among other things, provides that the shareholders of every national banking association shall be held individually responsible,...for all contracts, debts, and engagements of such associations, to the extent of the amount of their stock therein, at the par value thereof, in addition... | |
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