| North Carolina - 1869 - 1270 páginas
...the trustees of any company shall declare and pay any dividend when the company is insolvent, or any dividend, the payment of which would render it insolvent,...which would diminish the amount of its capital stock, such trustees shall be liable, jointly and severally, for all the debts of the company then existing,... | |
| New York (State) - 1869 - 1006 páginas
...insolvent, or any dividend, the payment of which would render it insolvent, or which would dimmish the amount of its capital stock, they shall be jointly and severally liable for all the debts of the 786 PART I. Loans to member!. Falsa reports. Stock held liy executor, &c. Persons entitled to vote... | |
| Illinois - 1869 - 538 páginas
...whereby the capital stock of the company shall be impaired, the directors assenting to the same shall be jointly and severally liable for all the debts of the company then existing : Provided, however, that no action shall be brought against any such director by any creditor of the... | |
| Wyoming - 1870 - 808 páginas
...company shall j^nd*1 declare and pay any dividend when the company is insolvent, insdlvcnti or any dividend, the payment of which would render it insolvent,...diminish the amount of its capital stock, they shall be joiatly and severally liable for all the debts of the company then existing, and for all that shall... | |
| Massachusetts - 1870 - 536 páginas
...and a majority of the directors ; and if any such company fails so to do, all its stockholders shall be jointly and severally liable for all the debts of the company then existing, and for all contracted before such notice is given. SECTION 64. All manufacturing companies, incorporated certain... | |
| Austin Abbott - 1870 - 584 páginas
...The language of the statute is, that if the companies shall fail to file a report, the trustees shall be jointly and severally liable for all the debts of the company then existing. The defendants ask us to exclude from the operation of the statute all such debts as were not contracted... | |
| 1881 - 572 páginas
...debts. " § 12. If any of said companies shall fail to do so, all the stockholders of said company shall be jointly and severally liable for all the debts of the company then existing, aud for all that shall be contracted before such notice shall be given, unless such company shall have... | |
| California, Theodore Henry Hittell - 1871 - 528 páginas
...declare and pay any dividends when the company is insolvent, or any dividend the payment of which shall render it insolvent, or which would diminish the amount...they shall respectively continue in office; provided, that if any of the directors shall object to the declaring of such dividend , or the payment of the... | |
| John Wade - 1871 - 946 páginas
...insolvent, or a dividend the payment of which would to their knowledge render it insolvent, they are severally liable for all the debts of the company...existing, and for all that shall be thereafter contracted so long as they continue in office. A register of shareholders to be kept ; penalty £5 per day for... | |
| Oliver Lorenzo Barbour - 1871 - 756 páginas
...The language of the statute is, that if the companies shall fail to file a report, the trustees shall be jointly and severally liable for all the debts of the company then existing. The defendants ask us to exclude from the operation of the statute all such debts as were not contracted... | |
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