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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... "
Cases Determined in the Supreme Court of Washington - Page 257
by Washington (State). Supreme Court, Arthur Remington, Solon Dickerson Williams - 1904
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Reports of Cases Decided in the Circuit Courts of the United ..., Volume 1

United States. Circuit Court (4th Circuit) - 1877 - 684 pages
...every banking association shall be inOpinion of the court. dividually responsible, equally and ratahly, 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...
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Laws of the United States Relating to Loans and the Currency, Since 1860

United States - 1878 - 310 pages
...existing bunk or banking association that may accept the provisions of individual iia- this act, shall be held individually responsible, equally and ratably,...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...
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House Documents, Otherwise Publ. as Executive Documents: 13th ..., Volume 11

United States. Congress. House - 1878 - 668 pages
...Statutes of the United States provides that the shareholders of every national banking association shall be held individually responsible, equally and ratably,...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, iu...
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National Bank Cases: Containing All Decisions of Both the Federal and State ...

Isaac Grant Thompson - 1878 - 1018 pages
...in his name, as we have seen. By the 12th section of the National Currency Act, the shareholders are "individually responsible, equally and ratably, and...another, for all contracts, debts and engagements, to the extent of their stock therein, at the par value thereof, in addition to the amount invested...
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A Treatise on the Law Relating to Banks and Banking: With an Appendix ...

John Torrey Morse - 1879 - 724 pages
...and of each existing bank or banking association that may accept the provisions of this act, shall be held individually responsible, equally and ratably,...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...
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House Documents, Otherwise Publ. as Executive Documents: 13th ..., Volume 12

United States. Congress. House - 1879 - 690 pages
...the provisions of the nationalIjank act. 10. The shareholders of every national bank are each made individually responsible, equally and ratably, and...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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The Federal Reporter: Cases Argued and Determined in the ..., Volumes 17-18

1883 - 1914 pages
...5151 of the national banking act declares "shareholders of every national banking association shall be held individually responsible, equally and ratably,...another, for all contracts, debts, and engagements of such association, to the extent of the amount of their stock therein, at par value thereof, in addition...
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The Federal Reporter, Volume 8

1881 - 956 pages
...shares. * * * The shareholders of each association formed under the provisions of this act * * * shall he held individually responsible, equally and ratably,...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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National Bank Cases: Containing All Decisions of Both the Federal ..., Volume 2

Irving Browne - 1880 - 638 pages
...the rights and liabilities of the prior holder of the shares, among which is that shareholders shall be held individually responsible equally and ratably, and not one for another, for all contracts and engagements of such association to the extent of the amount of their stock therein, at the par...
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Cases Argued and Determined in the Circuit Courts of the United ..., Volume 3

United States. Circuit Court (5th Circuit), William Burnham Woods - 1880 - 844 pages
...the rights and liabilities of the prior holder of the shares, among which is that shareholders shall be held individually responsible equally and ratably, and not one for another, for all contracts and engagements of such association to the extent of the amount of their stock therein, at the par...
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