 | William H. R. Wood - Law - 1857 - 834 pages
...carried on; and, if any of said companies shall fail so to do, all the directors of the company shall perform that duty. Авт. 1476, Sec. 148. The magistrate shall immediately after the appearance of couns contracted before such report shall be made. Авт. 268V, Sec. 45. The directors of every such company,... | |
 | Rhode Island - Law - 1857 - 882 pages
...debts. SEC. 12. If any of said companies shall fail so to do, all the stockholders of said company shall be jointly and severally liable for all the debts...the company then existing, and for all that shall be contracted before such notice shall be given, unless such company shall have become insolvent and assigned... | |
 | Michigan, Thomas McIntyre Cooley - Law - 1857 - 828 pages
...i*sboiv"nt^mt'a°J under this act shall declare or pay any dividend when the company is insolvent, or the payment of which would render it insolvent, or...would diminish the amount of its capital stock, they, and all stockholders who shall knowingly accept or receive such dividend, shall be jointly and severally... | |
 | Michigan - 1857 - 840 pages
...iLoivcnt.umI""'y under this act shall declare or pay any dividend when the company is insolvent, or the payment of which would render it insolvent, or...would diminish the amount of its capital stock, they, and all stockholders who shall knowingly accept or receive such dividend, shall be jointly and severally... | |
 | Illinois - Law - 1857 - 348 pages
...welird'ebt]!*" voting on the same, shall declare and pay any dividend when such company is insolvent, or any dividend, the payment of which would render it insolvent, or which would diminish the amount of capital stock, or shall declare and pay any dividend before the making, verifying and filing of the... | |
 | Mineral industries - 1857 - 604 pages
...any of the said companies shall tail so to do, all the trustees of the company shall be joint' у ami severally liable for all the debts of the company then existing and for all that shall bo-contracted before tuch report »hall be made." The Ohio River Land and Marble Company, created by... | |
 | Thomas Hugh Markham - Corporation law - 1858 - 260 pages
...to be insolvent, or any dividend the payment of which would to their knowledge render it insolvent, they shall be jointly and severally liable for all...existing, and for all that shall be thereafter contracted so long as they respectively shall continue in office, provided always that the amount for which they... | |
 | Commerce - 1858 - 784 pages
...dividend or bonus, out of the paidup capital of said company, or when the company is insolvent, or which would render it insolvent, or which would diminish the amount of its capital stock, such managers, directors, or trustees who may be present when such dividend or bonus shall have been... | |
 | Freeman Hunt, Thomas Prentice Kettell, William Buck Dana - Commerce - 1858 - 812 pages
...dividend or bonus, out of the paidup capital of said company, or when the company is insolvent, or which would render it insolvent, or which would diminish the amount of its capital stock, such managers, directors, or trustees who may be present when such dividend or bonus shall have been... | |
 | Commerce - 1858 - 782 pages
...bonus, out of the paidup capital of said company, or when the company is insolvent, or which wuuld render it insolvent, or which would diminish the amount of its capital stock, such managers, directors, or trustees who may be present when such dividend or bonus shall have been... | |
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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, while they shall respectively continue in office... 
