 | Wyoming - 1870 - 808 páginas
...render it insolvent, or which would diminish the amount of its capital stock, they shall be joiatly and severally liable for all the debts of the company...existing, and for all that shall be thereafter contracted while they shall respectively continue " " , Proviso. in office ; Provided, That if any of the trustees... | |
 | Massachusetts - 1870 - 536 páginas
...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... | |
 | Austin Abbott - 1870 - 584 páginas
...The language of the statute is, that if the companies shall fail to file a report, the trustees shall be jointly and severally liable for all the debts of the company then existing. The defendants ask us to exclude from the operation of the statute all such debts as were not contracted... | |
 | 1881 - 572 páginas
...debts. " § 12. If any of said companies shall fail to do so, all the stockholders of said company shall be jointly and severally liable for all the debts of the company then existing, aud for all that shall be contracted before such notice shall be given, unless such company shall have... | |
 | California, Theodore Henry Hittell - 1871 - 528 páginas
...payment of which shall render it insolvent, or which would diminish the amount of its capital stock, they shall be jointly and severally liable for all...existing, and for all that shall be thereafter contracted while they shall respectively continue in office; provided, that if any of the directors shall object... | |
 | John Wade - 1871 - 946 páginas
...insolvent, or a dividend the payment of which would to their knowledge render it insolvent, they are severally liable for all the debts of the company...that shall be thereafter contracted so long as they continue in office. A register of shareholders to be kept ; penalty £5 per day for neglect. A transfer... | |
 | New York (State). Superior Court (New York), James M. Sweeny - 1871 - 790 páginas
...publish a report of their financial condition ; and, upon failure to do so, all the trustees " shall be jointly and severally liable for all the debts of the company then existing," etc. The statute has uniformly been held to create a liability, which is in the nature of a penalty,... | |
 | Oliver Lorenzo Barbour - 1871 - 756 páginas
...The language of the statute is, that if the companies shall fail to file a report, the trustees shall be jointly and severally liable for all the debts of the company then existing. The defendants ask us to exclude from the operation of the statute all such debts as were not contracted... | |
 | Texas - 1866 - 522 páginas
...when the corporation is insolvent, or any dividend the payment of which would render it insolvent, they shall be jointly and severally liable for all the debts of the corporation then existing, and for all that shall be thereafter contracted, as long as they shall respectively... | |
 | Nathan Howard (Jr.) - 1871 - 702 páginas
...Upon the default of the company to report, all the Vincent a^r. Sandg. trustees then in office are jointly and severally -liable for all the debts of the company then existing, whether contracted by them or their predecessors, and for all that may be subsequently contracted during... | |
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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... 
