 | New York (State) - 1867 - 1404 pages
...or which would diminish the amount of its capital stock, they shall be jointly and severally liable for all the debts of the company then existing, and for all that shall be thereafter contracted while they shall respectively continue in office. Provided, that if... | |
 | 1856 - 532 pages
...payment of which would to their knowledge render it insolvent, they shall be jointly and severally liable for all the debts of the company then existing, and for all that shall be thereafter contracted, so long as they shall respectively continue in office: Provided always,... | |
 | New Jersey - 1842 - 1396 pages
...so loaned. 28. And Le it enacted, That the whole amount of the 69 istration it- shall happen shall be jointly and severally liable, to the extent of...debts of the company then existing, and for all that shall be contracted, so long as they shall respectively continue in office, until the debts shall be... | |
 | New Jersey - 1847 - 954 pages
...paid in; and in case of -nny excess, the directors under whose administration it shall happen shall be jointly and severally liable, to the extent of...debts of the company then existing, and for all that shall be contracted, so long as they shall respectively continue in office, until the debts shall be... | |
 | 1848 - 694 pages
...companies shall fail so to do, all the trustees of the company shall be jointly and severally liable for all the debts of the company, then existing, and for all that shall be contracted before rach report shall be made. Sec. 13. If the trustees of any such company... | |
 | 1848 - 966 pages
...dividend, the payment of which would render it insolvent, they shall be jointly anil severally liable for all the debts of the company then existing, and for all that shall be thereafter contracted, so long as they shall respectively remain in office: Provided, That... | |
 | New York (State). Legislature - 1848 - 672 pages
...fail so to do, all the directors of the company failing so to do shall he jointly and severally liable for all the debts of the company then existing, and for all that shall be contracted before such report shall be made. "rorUjpn 6 13. If the directors of any such company... | |
 | James Philemon Holcombe - 1848 - 528 pages
...time, or if present objecting thereto, and giving notice of the fact to the stockholders, are rendered jointly and severally liable to the extent of such excess, for all debts of the company then existing, or which shall be contracted subsequently, so long as they shall... | |
 | Tennessee - 1850 - 698 pages
...companies shall fail so to do, all the trustees of the company shall be jointly and severally liable for all the debts of the company, then existing, and for all that shall be contracted before such report shall be made. SEC. 13. If the trustees of any such company... | |
 | Ohio - 1851 - 196 pages
...insolsolvent, or which would reduce the amount of their capital, yentthey shall jointly and severally be liable for all the debts of the company then existing, and for all that shall be thereafter contracted, so long as they shall respectively continue in office ; Provided, that... | |
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If the directors of any such company shall declare and pay any dividend, when the company is insolvent or any dividend, the payment of which would render it insolvent, they shall be jointly and severally liable for all the debts of the company then existing,... 
