 | Alabama, John Gaston Aikin - 1833 - 630 pages
...of stock therein. 3. The state, and the individual stockholders, shall be liable, respectively, for the debts of the bank, in proportion to their stock holden therein. 4. The remedy for collecting debts shall be reciprocal, for and against the bank. 5. No bank shall... | |
 | Pennsylvania. Constitutional Convention - 1838 - 696 pages
...proportion of stock therein. III. The state and the individual stockholders shall be liable respectively for the debts of the bank, in proportion to their stock holden therein. IV. No bank shall commence operations until half of the capital stock subscribed for, be actually paid... | |
 | Philip Phillips - 1840 - 412 pages
...of stock therein. 3. The state and the individual stockholders, shall be liable, respectively, for the debts of the bank, in proportion to their stock holden therein. 5. No bank shall commence operations until half of the capital stock subscribed for, be actually paid... | |
 | 1847 - 554 pages
...proportion of stock therein. "3. The State and individual stockholders shall be liable respectively for the debts of the bank, in proportion to their stock holden therein. " 4. The remedy for collecting debts shall be reciprocal, for and against the bank. " 5. No bank shall... | |
 | 1855 - 576 pages
...of stock therein. 3. The state, and the individual stockholders, shall be liable respectively, for the debts of the bank, in proportion to their stock holden therein. 4. The remedy for collecting debts shall be reciprocal, for and against the bank. 15. No bank shall... | |
 | 1875 - 438 pages
...stockholders of a bank, and plaintiff is one of its creditors. By the charter of the bank, stockholders are " bound, respectively, for all the debts of the bank in proportion to their stock holden therein." The action was at law to recover the full amount of plaintiff's debt, without regard to the other creditors... | |
 | Isaac Fletcher Redfield - 1870 - 708 pages
...proportion of stock therein. " 3. The state and individual stockholders shall be liable respectively for the debts of the bank, in proportion to their stock holden therein. " 4. The remedy for collecting debts shall be reciprocal, for and against the bank. " 5. No bank shall... | |
 | 1875 - 870 pages
...charter not expressly authorizing it, but simply providing in one section that the stockholders should be " bound respectively for all the debts of the bank...in proportion to their stock holden therein," and in subsequent sections for a bill in equity by any stockholder for the settlement of all the debts... | |
 | 1875 - 722 pages
...of the bank and Bailey one of its creditors. Stockholders are, by art. 1, sec. 16 of the charter, " bound respectively for all the debts of the bank in proportion to their stock holden therein." The action below was at law, by one creditor against one stockholder, to recover the full amount of... | |
 | United States. Supreme Court - 1875 - 750 pages
...and admitted. Ilumaston v. Telegraph Company, 21. STOCKHOLDERS. Of a bank whose charter binds them " respectively for all the debts of the bank in proportion to their stock therein " cannot be sued at law, there being numerous other creditors. The remedy is in equity. Pollard... | |
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A proportion of power in the direction of the bank shall be reserved to the state, equal at least to its proportion of stock therein. 3. The state, and the individual stockholders, shall be liable, respectively, for the debts of the bank, in proportion... 
