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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 National-bank Act, as Amended: With Other Laws Relating to National Banks

United States - 1911 - 184 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. NATIONAL BANKING...
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Annual Report of the Attorney General of the State of Michigan

Michigan. Attorney General's Office, Michigan. Department of Attorney General - 1912 - 496 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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Handbook of the Law of Banks and Banking

Francis Buchanan Tiffany - 1912 - 732 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. Act June 3,...
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Annual Report of the Commissioner of the Banking Department of the State of ...

Michigan. Banking Division - 1913 - 716 pages
...amount of his stock at the par value thereof in addition to the stock, but it is expressly provided that persons holding stock as executors, administrators,...holding stock as collateral security, shall not be constituting tin» trust shall be liable to the same extent as the testator, intestate, ward or person...
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Annual Report of the Commissioner of the Banking Department of the State of ...

Michigan. Banking Division - 1914 - 744 pages
...holding stock as col lateral security, shall not be personally liable as stockholders, but the assets and funds in their hands constituting the trust shall...the same extent as the testator, intestate, ward or persons interested in such trust funds would be, if living or competent to act, and the person pledging...
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California Red Book: Hillyers̓ Legal Manual, 1914

Curtis Hillyer - 1914 - 1628 pages
...liabilities as stockholders; but the estates and funds in their hands shall be liable in like manner and , a funds would be, if living and competent to act and hold the stock in his own name. 50. National Banking...
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Annual Report of the Corporation Commission for the Year Ending ..., Volume 15

North Carolina. Corporation Commission - 1914 - 1170 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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Rural Credits: Joint Hearings Before the Subcommittees of the ..., Part 1

United States. Congress. Senate. Committee on Banking and Currency - 1914 - 1020 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. CONVERSION OF EXISTING...
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Rural Credits: Joint Hearings Before the Subcommittees of the Committees on ...

United States. Congress. Senate. Committee on Banking and Currency - 1914 - 982 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. CONVERSION OF EXISTING...
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The Laws of Wisconsin

Wisconsin - 1915 - 1192 pages
...transfer of stock, as to the affairs of the bank at the time and prior to the date of the transfer. But persons holding stock as executors, administrators,...liable to the same extent as the testator, intestate, ware! or person interested in such trust fund would be, if living, or competent to act, and the person...
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