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" Persons holding stock as executors, administrators, guardians, or trustees shall not be personally subject to any liabilities as stockholders; but the estates and funds in their hands shall be liable in like manner and to the same extent as the testator,... "
Wisconsin Session Laws - Page 34
by Wisconsin - 1933
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The Revised Statutes of Canada, 1906: Proclaimed and Published Under the ...

Canada - 1906 - 924 pages
...shareholder8as a shareholder; but the estate and funds in his hands shall be liable in like manner and to the same extent as the testator, intestate, ward or person interested in such estate and funds would be, if living and competent to hold the stock in his own name. 2. If the trust...
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A Treatise on the Modern Law of Banking, Volume 1

Albert Sidney Bolles - 1907 - 600 pages
...liabilities as stockholders ; but the estates and funds in their hands shall be liable in like manner and to the same extent as the testator, intestate, ward, or person interested in such trust funds would be if living and competent to act and hold the stock in his own name. (Rev. Stat. ยง 5152.)...
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Banks and Banking in Canada: Chaps. 29-33, R.S.C., Followed by Annotations ...

Canada, Walter Edwin Lear - 1907 - 144 pages
...shareholdersas a shareholder; but the estate and funds in his hands shall be liable in like manner and to the same extent as the testator, intestate, ward or person interested in such estate and funds would be, if living and competent to hold the stock in his own name. 2. If the trust...
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The Canadian Law of Banks and Banking: The Clearing House, Currency and ...

John Delatre Falconbridge - 1907 - 736 pages
...liability as a shareholder; but the estate and funds in his hands shall be liable in like manner and to the same extent as the testator, intestate, ward or person interested in such estate and funds would be, if living and competent to hold the stock in his own name. Cestui que trust...
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Revisal of 1908 of North Carolina: Being the Public and General ..., Volume 1

North Carolina - 1908 - 1482 pages
...liabilities as stockholders, but the estates and funds in their hands shall be liable in like manner and to the same extent as the testator, intestate, ward, or person interested in such trust funds would be if living and competent to act and hold the stock in his own name. US Rev. Stat., s....
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Maine Corporation Law: The Statutes of Maine Relating to Business ...

Maine - 1909 - 318 pages
...liabilities as stockholders; but the estates and funds in their hands shall be liable in like manner and to the same extent as the testator, intestate, ward or person interested in such trust funds would be if they were respectively living and competent to act and hold the stock in their own...
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The Laws of the State of New York Relating to Banks, Banking, Trust ...

Willis Seaver Paine - 1910 - 874 pages
...liabilities as stockholders; but the estates and funds in their hands shall be liable in like manner and to the same extent as the testator, intestate, ward, or person interested in such trust funds would be if living and competent to act and hold the stock in his nown name. 1. The principal...
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Laws of the United States Concerning Money, Banking, and Loans, 1778-1909

United States - 1910 - 828 pages
...liabilities as stockholders; but the estates and funds in their hands shall be liable in like manner and to the same extent as the testator, intestate, ward, or person interested in such trust-funds would be, if living and competent to act and hold the stock in his own name. SEC. 5153....
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The History of Banking in Canada

Roeliff Morton Breckenridge - 1910 - 340 pages
...liability as a shareholder ; but the estate and funds in his hands shall be liable in like manner and to the same extent as the testator, intestate, ward, or person interested in such estate and funds would be, if living and competent to hold the stock in his own name. 2. If the trust...
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Annual Report of the Commissioner of the Banking Department of the State of ...

Michigan. Banking Division - 1911 - 686 pages
...said bank to the amount of their stock at the par value thereof, in addition to the said stock; but persons holding stock as executors, administrators,...personally liable, as stockholders, but the assets and funds in their hands constituting the trust shall be liable to the same extent as the testator,...
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