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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... "
Corporation Law of Maryland - Page 94
by Maryland - 1908 - 350 pages
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The Bankers' Magazine, and Journal of the Money Market, Volume 39

1879 - 1110 pages
...national bank act, 10. The shareholders of every national bank are each made individually responsible, equally and ratably, and not one for another, for all contracts, debts, and engagements of such association, to the extent of their stock therein, at its par value in addition to the amount...
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Public Documents of Massachusetts, Volume 6, Part 1

Massachusetts - 1894 - 760 pages
...such corporation. SECT. 14. The shareholders of such corporation shall be held individually liable, equally and ratably, and not one for another, for all contracts, debts and engagements of the corporation, to the extent of the amount of their stock therein at the par value thereof, in addition...
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Journal: 1st-13th Congress . Repr. 14th Congress, 1st Session ..., Volume 1

United States. Congress. House - 1863 - 1180 pages
...and ratably, and not nie for another, for all contracts, debts, and engagements of such association to the extent of the amount of their stock therein...thereof, in addition to the amount invested in such shares. And the Comptroller shall have authority to withhold from an association his certificate authorizing...
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The Merchants' Magazine and Commercial Review, Volume 51

1864 - 496 pages
...hanking association that may except the provisions of this act, shall he 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...
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Merchants' Magazine and Commercial Review, Volumes 54-55

1866 - 974 pages
...not one fur another for all contracts, debt* and engagement-! of BUCU association, to the '•V'iiit of the amount of their stock therein at the par value thereof, in addition to the amount inu-ned in snch shares." In the election of directors, "and in deciding all questions...
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The Voter's Text Book, Comprising a Collection of the Most Important ...

James M. Hiatt - 1868 - 426 pages
...banking association that may accept the provisions of this act, 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 amount of their stock therein at the par value thereof, in addition...
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Wisconsin Session Laws

Wisconsin - 1868 - 1516 pages
...reformed under the provisions of this act shall be held 8 P° n8iWe individually responsible, equably and ratably, and not one for another, for all contracts, debts and engagements of the corporation, to the extent of the amount of their stock therein, at the par value thereof, in addition...
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An Analytical Digest of the Laws of the United States, Volume 2

Frederick Charles Brightly - 1869 - 680 pages
...provisions of this act, {(o'idenif *tock" shall be held individually responsible, equally and rateably, How character authorities of said state shall claim us swamp and over such association, to the extent of the amount of their stock therein at the par value thereof, in addition...
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A Treatise on the Law Relating to Banks and Banking: With an Appendix ...

John Torrey Morse (Jr.) - 1870 - 600 pages
...and ratably, aud not one for another, for all contracts, debts, and engagements of such association to the extent of the amount of their stock therein...thereof, in addition to the amount invested in such shares ; except that shareholders of any banking association now existing under State laws having not...
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Albany Law Journal, Volume 24

1881 - 572 pages
...banks incur under section 12 of the act of 1864, which provides for a liability "to the extent of tho amount of their stock therein, at the par value thereof, in addition to the amount invested in such shares," is lhat of principals, not of sureties. Such a liability is not one on a " promise to pay...
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