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" ... 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 at the par value thereof, in addition to the amount... "
The Code of Virginia: With the Declaration of Independence and the ... - Page 124
by Virginia - 1899 - 1177 pages
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Study of Banking Laws, Hearing Before ..., 84:2 ....

United States. Congress. Senate. Committee on Banking and Currency - 1956 - 468 pages
...of the Federal Reserve Act (12 USC 502> provides : "The shareholders of every Federal Reserve bank shall be held individually responsible, equally and...for all contracts, debts, and engagements of such bank to the extent of the amount of their subscriptions to such stock at the par value thereof in addition...
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United States Supreme Court Reports, Volume 26

United States. Supreme Court - Law reports, digests, etc - 1885 - 1230 pages
...every national banking association shall be held individually responsible, equally and ratably, andiiot one for another, for all contracts, debts and engagements...in addition to the amount invested in such shares." RS, sec. 5151. The Act of 1863 made no provision for enforcing the personal liability of shareholders,...
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United States Supreme Court Reports, Volume 65; Volumes 254-256

United States. Supreme Court - Law reports, digests, etc - 1922 - 1432 pages
...shall have the same voting privileges as the holders of shares in national banking associations, and shall be held individually responsible, equally and...for all contracts, debts, and engagements of such bank to the extent of the amount of stock owned by them at the par value thereof, in addition to the...
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United States Supreme Court Reports, Volume 48; Volumes 191-194

United States. Supreme Court - Law reports, digests, etc - 1904 - 1384 pages
...another, as sureties to the creditors of such corporation for all contracts and debts of said corporation, to the extent of the amount of their stock therein, at the par value thereof, respectively, at the time the debt was created, in addition to the amount invested in such •hares."...
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Federal Reserve Act, 1913: McFadden Act, 1927; Banking Act of 1933, Banking ...

United States Congress. House. Banking and Currency Committee - 1958 - 908 pages
...laws of any of the States of this Union to do or doing a banking business in the District of Columbia, shall be held individually responsible, equally and...for all contracts, debts, and engagements of such savings bank, savings company, or banking institution, entered into or incurred subsequent to the date...
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Retirement of Federal Reserve Bank Stock, Volumes 1-2

United States. Congress. House. Committee on Banking and Currency - Federal Reserve banks - 1960 - 370 pages
...provides — Liability of shareholders of Reserve banks : The shareholders of every Federal Reserve bank shall be held individually responsible, equally and...for all contracts, debts, and engagements of such bank to the extent of the amount of their subscriptions to such stock at the par value thereof. in...
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Hearings, Reports and Prints of the Senate Committee on Banking and Currency

United States. Congress. Senate. Committee on Banking and Currency - Banking law - 1963 - 716 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...
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American Law Reports Annotated, Volume 45

Law reports, digests, etc - 1926 - 1626 pages
...Revised Statutes of the United States, which makes shareholders in national banking associations — "individually responsible, equally and ratably, and...in addition to the amount invested in such shares." The only difference between the federal statute and our law is that the former makes the shareholder...
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American Law Reports Annotated, Volume 41

Law reports, digests, etc - 1926 - 1636 pages
...of such association made or entered into to the extent of the 178 ( — У- D. — , amount of his stock therein at the par value thereof, in addition to the amount invested in and due on such shares." Cpmp. Laws 1913, § 5168. Is the liability prescribed by this section a claim...
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Public Debt Ceiling: Hearings, Ninetieth Congress ..., Volume 36, Parts 35-962

United States. Congress. House. Committee on Ways and Means - Debts, Public - 1967 - 302 pages
...18, 24.] 4. Liability of shareholders of reserve banks The shareholders of every Federal reserve bank shall be held individually responsible, equally and...for all contracts, debts, and engagements of such bank to the extent of the amount of their subscriptions to such stock at the par value thereof hi addition...
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