The stockholders of every stock corporation shall, jointly and severally be personally liable for all debts due and owing to any of its laborers, servants or employes other than contractors, for services performed by them for such corporation. Popular Law Library, Putney... - Page 181by Albert H. Putney - 1908Full view - About this book
| New York (State) - 1867 - 1404 pages
...required. § 10. Each stockholder of this company shall be individually liable to the creditors thereof, to an amount equal to the amount of the stock held by him, for all the debts and liabilities of the company; but shall not be liable to an action therefor,... | |
| Canada - 1854 - 560 pages
...Stockholder of the said Corporation shall be severally and individually liable to the creditors thereof to an amount equal to the amount of the stock held by him, for all debts debts and contracts made by such Corporation, until the whole amount of the stock... | |
| Canada - 1854 - 556 pages
...Stockholder of the* said Corporation shall be severally and individually liable to the creditors thereof to an amount equal to the amount of the stock held by him, for all debts and contracts made by such Corporation, until the whole amount of the stock held... | |
| New York (State). Board of Railroad Commissioners - 1907 - 796 pages
...stockholders. § 54. Every holder of capital stock not fully paid, in any stock corporation, shall be personally liable to its creditors, to an amount equal to the amount unpaid on the stock held by him for debts of the corporation contracted while such stock was held by... | |
| New York (State). Board of Railroad Commissioners - 1895 - 682 pages
...capital stock issued and outstanding at the time such debt was incurred shall have been fully paid. The stockholders of every stock corporation shall, jointly and severally be personally liable for all debts due and owing to any of its laborers, servants or employes other than contractors, for... | |
| Joseph S. Bosworth, New York (State). Superior Court (New York) - 1861 - 740 pages
...statute, are, under section 10, severally, individually, liable to the creditors of the Company, only to an amount equal to the amount of the stock held by them respectively, until the acts required by that section have been performed. Their liabilities are fundamentally different... | |
| New York (State). Court of Appeals, Hiram Edward Sickels - 1872 - 788 pages
...shall be, severally individually liable to the creditors of the company in which they are stockholders, to an amount equal to the amount of the stock held by them, respectively, for all debts and contracts made by the company, until the whole amount of stock, fixed and limited by... | |
| Seymour Dwight Thompson - 1879 - 584 pages
...stockholders in corporations are " severally and individually liable to the creditors of the company to an amount equal to the amount of the stock held by them, respectively, for all debts and contracts made by such company, until the whole amount of the capital stock fixed and... | |
| 1898 - 2046 pages
...upon statutory provisions, us where, by statute, the stockholders of a company are made individually liable to its creditors to an amount equal to the amount of stock held by them respectively. Flash v. Conn, 109 US 371, 3 Sup. Ct. 2ti3. The liability thus created... | |
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