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" As the statute imposes a burdensome liability on the officers for their wrongful act, it may well be considered penal, in the sense that it should be strictly construed. But as it gives a civil remedy, at the private suit of the creditor only, and measured... "
Cyclopedia of the Law of Private Corporations - Σελίδα 3829
των William Meade Fletcher - 1918
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The Supreme Court Reporter, Τόμος 13

1893 - 1094 σελίδες
...of his debt out of the corporate property, on which he had л right to rely. Aa the statute Imposée a burdensome liability on the officers for their wrongful...by the amount of his debt, it is as to him clearly remedial. To maintain suchb a suit Is not to administer a punishment im-g posed upon an offender agalnst'the...

The Pacific Reporter, Τόμος 124

1912 - 1164 σελίδες
...capital stock, liable for all of its debts, is in no sense a criminal or quasi criminal law. * * * As the statute imposes a burdensome liability on the...by the amount of his debt, It Is as to him clearly remedial. To maintain such a suit is not to administer a punishment imposed upon an offender against...

The Pacific Reporter, Τόμος 108

1910 - 1168 σελίδες
...the federal Constitution require the courts of Maryland to give it effect. It was said, however: "As the statute imposes a burdensome liability on the...act, It may well be considered penal in the sense thai It should be strictly construed," In Aylsworth v. Curtis, In discussing the distinction between...

Reports of Cases Argued and Adjudged in the Supreme Court of the ..., Τόμος 146

United States. Supreme Court - 1892 - 774 σελίδες
...security, for the payment of his debt out of the corporate property, on which he had a right to rely. As the statute imposes a burdensome liability on the...by the amount of his debt, it is as to him clearly remedial. To maintain such a suit is not to administer a punishment imposed upon an offender against...

United States Reports: ... and Rules Announced at ...

United States. Supreme Court - 1893 - 776 σελίδες
...security, for the payment of his debt out of the corporate property, on which lie had a right to rely. As the statute imposes a burdensome liability on the...by the amount of his debt, it is as to him clearly remedial. To maintain such a suit is not to administer a punishment imposed upon an offender against...

American Railroad and Corporation Reports: Being a Collection of ..., Τόμος 7

John Lewis - 1893 - 820 σελίδες
...security, for the payment of his debt out of the corporate property, on which he had a right to rely. As the statute imposes a burdensome liability on the...by the amount of his debt, it is as to him clearly remedial. To maintain such a suit is not to administer a punishment imposed upon an offender against...

Leading Cases on Private Corporations: To Accompany Principles of Private ...

Charles Burke Elliott - 1898 - 342 σελίδες
...security for the payment of his debt out of the corporate property, on which he had a right to rely. As the statute imposes a burdensome liability on the...by the amount of his debt it is as to him clearly remedial. To maintain such a suit is not to administer a punishment imposed upon an offender against...

The Albany Law Journal: A Monthly Record of the Law and the Lawyers, Τόμοι 47-48

1898 - 1114 σελίδες
...security, for the payment of his debt out of the corporate property, on which he had a right to rely. As the statute imposes a burdensome liability on the...creditor only, and measured by the amount of his debt, it ia as to him clearly remedial. To maintain such a suit ia not to administer n punishment imposed upon...

A Treatise on the Law of Private Corporations

Henry Osborn Taylor - 1898 - 978 σελίδες
...corpo- enacting ration for making and signing false reports may be ^ry enforced without a state. " As the statute imposes a burdensome liability on the...strictly construed. But as it gives a civil remedy at the suit of the creditor only, and measured by the amount of his debt, it is as to him clearly remedial....

Cases on Private International Law

John William Dwyer - 1899 - 540 σελίδες
...security, for the payment of his debt out of the corporate property, on which he had a right to rely. As the statute imposes a burdensome liability on the...by the amount of his debt, it is as to him clearly remedial. To maintain such a suit is not to administer a punishment imposed upon an offender against...




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