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" All the stockholders of every company incorporated under this act, shall be severally, individually liable to the creditors of the company in which they are stockholders, to an amount equal to the amount of stock held by them respectively for all debts... "
The Albany Law Journal: A Monthly Record of the Law and the Lawyers - Página 117
1887
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Cyclopedia of the Law of Private Corporations, Volumen7

William Meade Fletcher - 1919 - 1316 páginas
...liability contracted by said corporation, the stockholders shall be held individually responsible for an amount equal to the amount of stock held by them respectively"; Thompson v. Meisser, 108 111. 359; Buchanan v. Meisser, 105 111. 638; Lane v. Nickcrson, 99 111. 284;...
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Cases on Private Corporations

George Folger Canfield, Isaac Maurice Wormser - 1925 - 933 páginas
...be severally individually liable to the creditors of the company in which they are stockholders, 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 amount of capital stock fixed and...
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Cases and Other Authorities on Equity: One Volume Ed. Selected from ...

Walter Wheeler Cook - 1926 - 1179 páginas
...evidence blotted out, and her relations with the company severed. in which they are stockholders 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 amount of capital stock fixed and...
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Commentaries on the Law of Corporations, Volumen6

Seymour Dwight Thompson, Joseph Wesley Thompson - 1927 - 1068 páginas
...but for an additional sum equal to the amount of such stock.43 So a statute imposing a liability "to an amount equal to the amount of stock held by them respectively," has been held to impose this double liability.44 Statutes imposing a double liability on stockholders...
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The Central Law Journal, Volumen30

1890 - 572 páginas
...liability companies all the stockholders shall be Individually Habit) 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 amount of the capital stock of such...
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The Northeastern Reporter, Volumen7

1886
...passed April 11, 1809, which amendment contained the following provision: "That the stockholders of said corporation shall be responsible, in their individual...of stock held by them, respectively, to make good all losses to depositors or others; and no assignment of their stock shall release them from such liability...
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Atlantic Reporter, Volumen47

1901 - 1414 páginas
...their stock; while under section 3292, Id., the stockholders were individually liable to creditors to an amount equal to the amount of stock held by them, respectively, for contracts and debts made by the company, until the whole amount of stock lixed by the company was...
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United States Supreme Court Reports, Volumen17

United States. Supreme Court - 1912 - 930 páginas
...insufficient to discharge its debts and liabilities, and hence apportioned upon each of the stockholders an amount equal to the amount of stock held by them respectively in the Hank. The sum of $7,000 was assessed upon the plaintiff in error. The referee further reported,...
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Laws of the State of Illinois Enacted by the General Assembly

Illinois - 1859
...act shall be severally individually liable to the depositors with and creditors of the company, to an amount equal to the amount of stock held by them, respectively, for all deposits made with and debts and contracts made by the company; and such personal liability...
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Enterprise and American Law, 1836-1937

Herbert Hovenkamp - 2009 - 470 páginas
...contained the "double liability" clause, provided that all stockholders would be individually liable "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 amount of capital stock fixed and...
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