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" 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... "
The Law of Private Corporations: Being the Law of Private Corporations Under ... - Page 68
by John Proffatt - 1876 - 239 pages
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Michigan Reports: Cases Decided in the Supreme Court of Michigan, Volume 97

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 - 1894 - 778 pages
...proportion of all its debts and liabilities, contracted or incurred during the time he was a stockholder, as the amount of stock or shares owned by him bears...subscribed capital stock or shares of the corporation or association." It is proper to state that the sole question presented by this record is the right...
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Revised Laws of the State of California: In Four Codes : Political ..., Volume 2

California, California. Commission to Revise the Laws of California - 1871 - 894 pages
...corporftockholdere . ration is severally, individually and personally liable for such proportion of all its debts and liabilities as the amount of stock or shares owned by him in such corporation bears to the whole of the subscribed capital stock or shares of the corporation,...
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The Civil Code of the State of California, Volume 1

California - 1872 - 728 pages
...of all its debts and liabilities as the amount of stock or .shares owned by him in such corporation bears to the whole of the subscribed capital stock or shares of the corporation, for the recovery of which joint or several actions may be instituted and prosecuted; and in any such...
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The Civil Code of the State of California: As Enacted in 1872, Amended at ...

California - 1876 - 626 pages
...married women. 826. Non-resident stockholders. Bonds. 327. Contract to relieve directors void. ยง 322. Each stockholder of a corporation is individually...owned by him bears to the whole of the subscribed eapital stock or shares of the corporation, and for a like proportion only of each debt or claim Igainst...
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The Civil Code of the State of California, as Enacted in 1872: Amended at ...

California - 1876 - 626 pages
...and personally liable for such portions of its debts and liabilities as the amount of stock or shaves owned by him bears to the whole of the subscribed...and for a like proportion only of each debt or claim igainst the corporation. Any creditor of the corporation may institute joint or several actions against...
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The Constitution of the State of California Adopted in 1879: With References ...

California - 1879 - 442 pages
...proportion of all its debts and liabilities contracted or incurred, during the timo he was a stockholder, as the amount of stock or shares owned by him bears...subscribed capital stock, or shares of the corporation or association. The directors or trustees of corporations and joint-stock associations shall be jointly...
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The Constitution of the United States and the Constitutions of California ...

California - 1879 - 216 pages
...proportion of all its debts and liabilities contracted or incurred, during the time he was a stockholder, as the amount of stock or shares owned by him bears...subscribed capital stock, or shares of the corporation or association. The directors or trustees of corporations and joint-stock associations shall be jointly...
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Appletons' Annual Cyclopaedia and Register of Important Events

1880 - 914 pages
...proportion of all its debts and liabilities contracted or incurred during the time he was a stockholder, as the amount of stock or shares owned by him bears...subscribed capital stock or shares of the corporation or association. The directors or trustees of corporations and joint-stock associations shall be jointly...
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Appletons' Annual Cyclopaedia and Register of Important ..., Volume 4; Volume 19

1880 - 912 pages
...proportion of all its debts and liabilities contracted or incurred during the time he was a stockholder, as the amount of stock or shares owned by him bears...subscribed capital stock or shares of the corporation or association. The directors or trustees of corporations and joint-stock associations shall be jointly...
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The Little Lawyer; Or, The Farmers', Mechanics', Miners', Laborers', and ...

Henry A. Gaston - 1880 - 336 pages
...its debts and liabilities contracted or incurred during the time he was a stockholder, as the amonnt of stock or shares owned by him bears to the whole...subscribed capital stock or shares of the corporation or association. The directors or trustees of corporations and joint-stock associations shall be jointly...
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