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" ... 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... "
Acts of the General Assembly of the State of New Jersey - Página 474
por New Jersey - 1854
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Acts Passed by the General Assembly of Georgia

Georgia - 1850 - 460 páginas
...SECTION 7. If the Directors of the said company shall declare and pay a dividend when the corporation is insolvent, or any dividend the payment of which would render it insolvent, knowing such corporation to be insolvent, or the payment of such dividend would render it so, the Directors...
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Laws of the State of New York, Volumen2

New York (State) - 1867 - 1404 páginas
...annually, Dividend*, but if the directors of such company shall declare and pay any dividend when the company is insolvent, or any dividend the payment...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...
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The Law Journal for the Year 1832-1949: Comprising Reports of Cases in the ...

1856 - 532 páginas
...to be insolvent, or any dividend the 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...
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Merchants' Magazine and Commercial Review, Volumen18

1848 - 688 páginas
...shall be made. Sec. 13. If the trustees of any such company shall declare and pay any dividend when the company is insolvent, or any dividend, the payment...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...
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The Western Journal, of Agriculture, Manufactures, Mechanic Arts ..., Volumen1

1848 - 718 páginas
...shall be made. Sec. 13. If the trustees of any such company shall declare and pay any dividend when the company is insolvent, or any dividend, the payment...shall be jointly and severally liable for all the debis of the company then existing, and for all that shall be thereafter contracted, while they shall...
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Merchants' Magazine and Commercial Review, Volumen18

1848 - 694 páginas
...shall be made. Sec. 13. If the trustees of any such company shall declare and pay any dividend when the company is insolvent, or any dividend, the payment...would render it insolvent, or which would diminish ihe amount of its capital mock, they shall be jointly and severally liable for all the debts of the...
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The Law of Debtor and Creditor in the United States and Canada

James Philemon Holcombe - 1848 - 528 páginas
...company is insolvent. — If the directors of any such corporation declare and pay a dividend when the company is insolvent, or any dividend, the payment of which would render it insolvent, knowing said company to be insolvent, or that such dividend would render it so, the directors assenting...
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Journal of the Franklin Institute

1848 - 966 páginas
...of State. Sec. 14. 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 anil severally liable for all the debts of the company then existing, and for...
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Laws of the State of New York Passed at the Sessions of the Legislature

New York (State). Legislature - 1848 - 672 páginas
...directors of said corporation who shall consent to declare and pay any dividend when the said corporation is insolvent, or any dividend the payment of which would render it insolvent, shall be jointly and severally liable for all the debts of the company then existing, and for all that...
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Laws

Illinois - 1849 - 452 páginas
...the trustees of any such company shall declare and сазе of inaoi- pay any (iiv¡(jemi when the company is insolvent, or any dividend the payment...jointly and severally liable for all the debts of the company then existing, and lor all that shall be thereafter contracted, while they shall reProriso....
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