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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... "
Laws - Σελίδα 163
των Illinois - 1857
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A Manual of Conveyancing: In the Form of Examinations Embracing Both ...

John Hendry - 1867 - 628 σελίδες
...them to be insolvent, What is the extent of their liability?^) They are liable jointly and severally for all the debts of the company then existing, and for all that shall be thereafter contracted, so long as they shall respectively continue in office ; provided that the amount for which they shall...

Practical Statutes of New Zealand

Walter Monro Wilson - 1867 - 1162 σελίδες
...their knowledge render it insolvent, they shall be jointly aud severally liable for all the debts oí the company then existing, and for all that shall be thereafter contracted, go long as they shall respectively continue in office : Provided always that the amount for which they...

Reports of Cases Decided in the Court of Appeals of the State of ..., Τόμος 27

New York (State). Court of Appeals, George Franklin Comstock, Henry Rogers Selden, Francis Kernan, Erasmus Peshine Smith, Joel Tiffany, Edward Jordan Dimock, Samuel Hand, Hiram Edward Sickels, Louis J. Rezzemini, Edmund Hamilton Smith, Edwin Augustus Bedell, Alvah S. Newcomb, James Newton Fiero - 1868 - 672 σελίδες
...companies shall fail so to do, all tl e trustees of the company shall be jointly and severally liab!e for all the debts of the company then existing, and for all that shall be contracted before such report shall be made." It is insisted by the plaintiffs' counsel, and doubtless...

A Treatise Upon the Law of Telegraphs: With an Appendix, Containing the ...

William L. Scott, Milton P. Jarnagin (of Memphis, Tenn.) - 1868 - 602 σελίδες
...Secretary of State. If the company fails to comply with their requirements, all the directors shall be jointly and severally liable for all the debts of the company that shall have been contracted before the report is made. Sec. 2058, c. 70, of Compiled Laws of Michigan...

The Constitution of South Carolina: Adopted April 16, 1868, and the Acts and ...

South Carolina - 1868 - 942 σελίδες
...catc' material representation, all the officers who signed the same, knowing it to be false, shall be, jointly and severally, liable for all the debts of the Company contracted while they were stockholders ,'or officers thereof. SEC. 35. When anv of the officers of...

A Digest of the Laws of New Jersey

Lucius Quintius Cincinnatus Elmer, New Jersey - 1868 - 1198 σελίδες
...shall be false in any material representation, all the officers who shall have signed the same shall be jointly and severally liable for all the debts of the company contracted while they were stockholders or officers thereof. 31. When any of the officers of any company,...

Statutes at Large of the State of New York: Comprising the Revised ..., Τόμος 3

New York (State) - 1869 - 1006 σελίδες
...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...

Public Laws of the State of North-Carolina, Passed by the General Assembly ...

North Carolina - 1869 - 1270 σελίδες
...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, and for all that shall thereafter be contracted while they shall respectively continue in office : Provided, That if any of...

A General Digest of the Law of Corporations: Presenting the American ...

Benjamin Vaughan Abbott, Austin Abbott - 1869 - 1028 σελίδες
...company shall fail to file an annual report, as required by law, all the trustees shall be liable for all debts of the company then existing, and for all that shall be contracted before such report shall be made, — the liability of a trustee who was in office when...

Acts and Resolves Passed by the General Court of Massachusetts

Massachusetts - 1870 - 536 σελίδες
...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...




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