| Great Britain, Charles Favell Forth Wordsworth - 1859 - 172 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...existing, and for all that shall be thereafter contracted, so long as they shall respectively continue in office : Provided always, that the amount for which... | |
| New York (State) - 1859 - 1350 páginas
...company shall declare and pay any dividend without having the cash in hand, duly earned, to pay the same, they shall be jointly and severally liable for all...the company then existing, and for all that shall hereafter be contracted while they shall respectively continue in office ; provided that if any of... | |
| Missouri - 1859 - 164 páginas
...when the corporation 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 corp<iration then existing, and for all that shall be thereafter contracted, as long as they shall... | |
| Nathan Howard (Jr.) - 1860 - 608 páginas
...pro^vides that if any company shall omit to make such report, all the trustees of the company shall be jointly and severally liable for all the debts...the company then existing, and for all that shall be contracted before such report shall be made. The complaint avers that the defendant omitted to make... | |
| Oliver Lorenzo Barbour - 1860 - 716 páginas
...said companies shall fail to make and publish such statement, all the trustees of the company shall be jointly and severally liable for all the debts...the company then existing, and for all that shall be contracted before such report shall be made." This is a penalty imposed for neglect of duty. The penalty... | |
| Massachusetts - 1860 - 1158 páginas
...tton^nS™ t ; payment of which would render it insolvent, they shall be jointly and glfasV-'?1''' estate by deed or mortgage con- Damages in retaining a covenant that it is f thereafter contracted so long as they respectively continue in office : provided, that the amount for... | |
| David Price Belknap - 1860 - 778 páginas
...reduce the amount of the capital stock, all the directors or trustees voting to declare the same, shall be jointly and severally liable for all the debts of the company then existing.1 If any certificate, report made, or public notice given, by the officers of any such company,... | |
| Illinois. Supreme Court - 1865 - 658 páginas
...act requiring it, a failure to do so is made to fall on the trustees individually, and they are made jointly and severally liable for all the debts of the company then existing, and for all that might be contracted before such report should be made. Nor did the fact that onehalf of the capital... | |
| Canada - 1862 - 316 páginas
...made by " mled. such Company, until the whole amount held by such stockholder shall have been paid up. jointly and severally liable for all the debts of...while they shall respectively continue in office. 14. If the Directors of the said Company shall declare and Liability of Dipay any dividend when the... | |
| James Lorimer - 1862 - 538 páginas
...which would to their knowledge render it insolvent, they shall be jointly and severally liable for the debts of the company then existing, and for all that shall be hereafter contracted, so long as they shall respectively continue in office : But it is provided that... | |
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