 | United States. Congress. House - 1873 - 1052 páginas
...would diminish the arnimnt of its capital stock, they shall be jointly and severally liable for ill the debts of the company then existing, and for all...thereafter contracted, while they shall respectively remain in office: Prurided, That if any one of them shall object to the declaring of such áividend,... | |
 | Samuel Robinson Clarke - 1873 - 448 páginas
...any dividend or bonus out of the paid up capital of the company, or when the company is insolvent or which would render it insolvent, or which would diminish the amount of its capital stock ; such managers, directors, or trustees, who are present when such dividend or bonus is declared, and... | |
 | Nova Scotia - 1873 - 1020 páginas
...which would diminish the amount of its capital stock, they shall be jointly and severally personally liable for all the debts of the company then existing, and for all debts subsequently created during their tenure of office ; but any director who objects to the payment... | |
 | New York (State). Court of Appeals, Hiram Edward Sickels - 1873 - 780 páginas
...the report for more than twenty days after the first of January, in any year, the trustees are made jointly and severally liable for all the debts of the company then existing, or that shall be contracted before such report shall be made. The report is to be the act of the trustees,... | |
 | South Carolina - 1873 - 1164 páginas
...whose administration it occurs shall be jointly and severally liable to the extent of such excess, for all the debts of the company then existing, and for all that are contracted, so long as they respectively continue in office, and until the debts are re-TV ." —... | |
 | James Lorimer - 1873 - 576 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... | |
 | Barbados - 1874 - 210 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 Company then existing, and for all that shall thereafter be contracted, so long as _ . . , they shall respectively continue in office : : M '•"'... | |
 | Illinois - 1874 - 1270 páginas
...any stock corporation shall declare and pay any dividend when such corporation is insolvent, or any dividen8p|. all directors, officers or agents assenting thereto shall be jointly and severally liable for all the... | |
 | Millard Filmore Watts, Missouri - 1903 - 576 páginas
...corporation shall knowingly declare and pay any dividend when the corporation is insolvent, or any dividend the payment of which would render it insolvent,...jointly and severally liable for all the debts of the corporation then existing, and for all that shall be thereafter contracted while they shall respectively... | |
 | Arkansas. Railroad Commission - 1904 - 380 páginas
...the company is insolvent, or any dividend the payment of which would render such company insolvent, they shall be jointly and severally liable for all...the company then existing, and for all that shall thereafter be contracted so long as they shall respectively remain in office ^provided, if any of the... | |
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... 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... 
