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" ... if any of said companies shall fail so to do all the trustees of the company shall be jointly and severally liable for all the debts of the company then existing, and for all that shall be contracted before such report shall be made. "
Acts of the Legislature of the State of Michigan - Page 172
by Michigan - 1850
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Reports of Cases Argued and Determined in the Court of Appeals of ..., Volume 21

New York (State). Court of Appeals, Erasmus Peshine Smith, George Franklin Comstock, Henry Rogers Selden, Francis Kernan, Joel Tiffany, Samuel Hand - Law reports, digests, etc - 1867
...the amount of existing debts ; and that if any company shall fail to do so, "all the trustees of the company shall be jointly and severally liable for all the debts of the company then existing, and for all that shall be contracted before such report shall be made." (Laws of 1848,...
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A Digest of the Laws of New Jersey

Lucius Quintius Cincinnatus Elmer, New Jersey - Court rules - 1868 - 1152 pages
...and if any of said companies shall fail so to do, the presi- / • i- ^ v dent and directors of such company shall be jointly and severally liable for all the debts of the company then existing, 25. If the directors of any such company shall declare and pay any dividend when the...
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The Constitution of South Carolina: Adopted April 16, 1868, and the Acts and ...

South Carolina - 1868
...catc' material representation, all the officers who signed the same, knowing it to be false, shall be, jointly and severally, liable for all the debts of the Company contracted while they were stockholders ,'or officers thereof. SEC. 35. When anv of the officers of a Company...
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Public Laws of the State of North-Carolina, Passed by the General Assembly ...

North Carolina - Session laws - 1869
...shall assent thereto, shall be jointly and severably liable to the extent of such loan and interest, for all the debts of the company contracted before the repayment of the sum loaned. SEC. 20. If any certificate or report made, or public notice given by the officers of any such...
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The Albany Law Journal: A Monthly Record of the Law and the Lawyers, Volume 24

Law - 1881
...amount of its 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...
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Reports of Practice Cases, Determined in the Courts of the State ..., Volume 11

Austin Abbott - Civil procedure - 1872
...And it is further provided that if any of said companies shall fail so to do, all the trustees of the company shall be jointly and severally liable for all the debts of the company then existing, and for all that shall be contracted before such report shall be made (Laws of 1848,...
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The General Statutes of the State of Rhode Island and Providence Plantations ...

Rhode Island - Law - 1872 - 770 pages
...material representation, all the officers who shall have signed the same, knowing it to be false, shall be jointly and severally liable for all the debts of the company contracted whilst they were stockholders or officers thereof. SEC. 19. Whenever any of the officers of any manufacturing...
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Laws, Resolutions, and Memorials of the Territory of Montana Passed at the ...

Montana (Ter.) - Law - 1872
...shall bo false in any material representation, all the officers who shall have signed the same shall be jointly and severally liable for all the debts of the company contracted while they are stockholders or officers thereof. Sec. 19. No person holding stock in any such company...
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The Revised Statutes of the State of South Carolina: Prepared by ...

South Carolina - Law - 1873 - 1063 pages
...in any material representation, all the officers who signed the same, knowing it to be false, shall be, jointly and severally, liable for all the debts of the company contracted while they were stockholders or officers thereof. Action against SEC. 35. When any of the officers...
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Reports of Cases Argued and Determined in the Superior Court of ..., Volume 37

New York (State). Superior Court (New York), James Clark Spencer, Samuel Jones - Law reports, digests, etc - 1874
...default. The statute is clear: "If any of said companies shall fail so to do, all the trustees of the company shall be jointly and severally liable for all the debts of the company then existing, and for all that shall be contracted before such report shall be filed. ' ' The liability,...
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