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" Each shareholder shall be individually liable to the creditors of the company to an amount equal to the amount unpaid on the stock held by him... "
Reports of Cases Decided in the Court of Common Pleas ... - Σελίδα 449
των Ontario. Court of Common Pleas - 1856
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Colorado Reports, Τόμος 25

Colorado. Supreme Court - 1899 - 712 σελίδες
...Norris v. Johnson, the statute under consideration provided that the stockholders were severally and individually liable to the creditors of the company to an amount equal to the amount of the stock held by them respectively, etc., and it was held that the liability to creditors was measured...

The Consolidated Ordinances of the Northwest Territories, 1898: Being a ...

Northwest Territories - 1899 - 940 σελίδες
...62. 63. Every shareholder until the whole amount of his shares Liability of has been paid up shall be individually liable to the creditors of the company to an amount equal to that not paid thereon; but he shall not be liable to an action therefor by any creditor until an execution...

Rahill's Corporation Accounting and Corporation Law: A Complete Exposition ...

John Joseph Rahill - 1899 - 204 σελίδες
...number shall be residents of the State. Stockholders are Individually liable for the corporate debts, to an amount equal to the amount unpaid on the stock held by them Such corporations must before organizing, pay Into the State Treasury $50 for the first $50,000...

The American Law Register, Τόμος 48

1900 - 778 σελίδες
...107 US 37, (1883). Woods. J.. the court held that where the statute provides that stockholders shall be individually liable to the creditors of the company to an amount equal to the stock held by them respectively, an action at law will lie by a creditor of the company against a stockholder...

The American State Reports: Containing the Cases of General Value ..., Τόμος 71

Abraham Clark Freeman - 1900 - 1058 σελίδες
...Johnson, 34 Md. 485, the statute under consideration provided that the stockholders were severally and individually liable to the creditors of the company to an amount equal to the amount of the stock held by them respectively, et cetera, and it was held that the liability to creditors...

Laws of the State of New York, Τόμος 2

New York (State) - 1901 - 1018 σελίδες
...capital stock not fully paid, in any stock corporation, shall be personally liable to its creditors, to an amount equal to the amount unpaid on the stock held by him for debts of the corporation contracted while such stock was held by him. As to existing corporations the...

Reports of the Industrial Commission..., Τόμος 18

United States. Industrial Commission - 1901 - 360 σελίδες
...unpaid on shares.— Every shareholder, until the whole amount of his shares has been paid up, shall be individually liable to the creditors of the company to an amount equal to that not paid thereon; but he shall not be liable to an action therefor by any creditor until an execution...

Report, Τόμος 18

United States. Industrial Commission - 1901 - 358 σελίδες
...value of his stock.—Each shareholder, until the whole amount of his stock has been paid up, shall be individually liable to the creditors of the company to an amount equal to that not paid up thereon, but shall not be liable to an action therefor by any creditor before an execution...

A Treatise on the Law of Private Corporations

Henry Osborn Taylor - 1902 - 1002 σελίδες
...In New York, under the Manufacturing Companies Act of 1848,г the stockholders were made " severally individually liable to the creditors of the company, . . . . to an amount equal to the amount of stock held by them respectively, for all debts and contracts made by such company until the whole...

Annual Report

New York (State) Bureau of Labor Statistics - 1902 - 792 σελίδες
...capital stock not fully paid, in any stock corporation, shall be personally liable to Its creditors, to an amount equal to the amount unpaid on the stock held by him for debts of the corporation contracted while such stock was held by him. As to existing corporations the...




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