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" ... every person becoming a shareholder by such transfer shall, in proportion to his shares, succeed to all the rights and liabilities of the prior holder of such shares, and no change shall be made in the articles of association by which the rights,... "
An Argument, in Favor of the Constitutionality of the General Banking Law of ... - Page 37
by Samuel Alfred Foot - 1839 - 101 pages
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A Treatise on Currency and Banking

Condy Raguet - 1840 - 356 pages
...such president, cashier, officers and agents at pleasure, and appoint others in their place. § 19. The shares of said association shall be deemed personal...the rights and liabilities of prior shareholders; and no change shall be made in the articles of association, by which the rights, remedies, or security...
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A Treatise on Currency and Banking

Condy Raguet - 1840 - 354 pages
...such president, cashier, officers and agents at pleasure, and appoint others in their place. § 19. The shares of said association shall be deemed personal...the rights and liabilities of prior shareholders; and no change shall be made in the articles of association, by which the rights, remedies, or security...
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The New York Annual Register

1840 - 540 pages
...and shall be transferable on the books of tho association in such manner as may be agreed on in tho articles of association ; and every person becoming...all the rights and liabilities of prior shareholders ; and no change shall be made in the articles of association by which the rights, remedies or security...
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Laws of the State of New York

New York (State) - 1841 - 454 pages
...transferable on the books of the £ro^ association in such manner as may be agreed on in the articles jj of association ; and every person becoming a shareholder...shall, in proportion. to his shares, succeed to all sh' the rights and liabilities of prior shareholders ; and no change Nochange shall be made in the...
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Reports of Cases Argued and Determined in the Supreme Court of ..., Volume 22

New York (State). Supreme Court, John Lansing Wendell - 1847 - 704 pages
...agreed on in the articles of association • and every person becoming a shareholder by such tranfer. shall, in proportion to his shares. succeed to all...the rights and liabilities of prior shareholders." 1. The shares are transferable on the books of the association. 2. The transferee succeeds, not only...
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Acts of the State of Tennessee Passed at the General Assembly

Tennessee - 1852 - 824 pages
...books, in such manner as may be determined by their rules and by-laws, and every tranferree of shares shall, in proportion to his shares, succeed to all the rights and liabilities of the original share holders. 154 faction of any judgment or decree that may be render- f«fnt •»"••...
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Michigan Reports: Cases Decided in the Supreme Court of Michigan, Volume 120

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 - 1900 - 808 pages
...stockholder." Laws 1892, chap. 688, § 55. In Wisconsin, the statute expressly declares that a shareholder by transfer shall, in proportion to his shares, succeed to all the rights, and be subject to all the liabilities, of prior shareholders. Rev. Stat. 1858, chap. 71, § 5. In Nebraska,...
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General Acts, Resolutions, and Memorials Adopted by the Legislature of Florida

Florida - 1853 - 212 pages
...transferred. be transferable on the books of the association, in such manner as may be agreed upon in the articles of association ; and every person...all the rights and liabilities of prior shareholders ; and no change shall be made in the articles of association, by which the rights, remedies or security...
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The Banking System of the State of New York: With Notes and References to ...

John Cleaveland - 1857 - 452 pages
...spirit and meaning of the constitution," of 1821. Sec also Oiford v. Liringnton (2 Denio, 280-402.) of the association in such manner as may be agreed...shareholder by such transfer, shall in proportion to his taxation on their capitals ; and affirmed the judgment of the Supreme Court in the same case. In July,...
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Reports of Cases Argued and Determined in the Superior Court of ..., Volume 12

John Duer - 1858 - 794 pages
...to be contained in the certificate. But the nineteenth section of the act provides that the shares shall be deemed personal property, and shall be transferable...shareholder by such transfer shall, in proportion to his share, succeed to all the rights and liabilities of prior shareholders. The articles of association,...
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