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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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The Pennsylvania Corporation Act of 1874: And Supplementary Acts, with Notes ...

Angelo Tillinghast Freedley - Corporation law - 1890 - 213 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 officers or stockholders thereof.4 ties," which is probably immaterial.] To the same...
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Commentaries on the Law of Private Corporations: Whether with Or ..., Volume 1

Charles Fisk Beach - Corporation law - 1891
... 151. 4 RI Rev. Stat. c. 128, 1, provides that the members of every incorporated manufacturing company shall be jointly and severally liable for all the debts of the company until the whole amount of the capital stock fixed by the charter, or by vote, shall have been paid...
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New Cases: Selected Chiefly from Decisions of the Courts of the ..., Volume 27

Austin Abbott - Civil procedure - 1892
...Boughton v. Otis (21 NY 261), it was held that although the statutes said that " 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," yet, that such...
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The New York Supplement

Law reports, digests, etc - 1892
...Bouykion v. Oil's 21 NY 261, it was held that although the statute said that "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," yet that such...
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The Act Concerning Corporations in the State of New Jersey, Approved April 7 ...

New Jersey - Corporation law - 1892 - 160 pages
...shall be false in any material representation, all the officers whoshall have signed the same shall be jointly and severally liable for all the debts of the company contracted while they were stockholders or officers thereof. V. Remedies. 1. AGAINST THE CORPORATION. 57. Directors...
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The New York Supplement

Law reports, digests, etc - 1892
...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 while they are stockholders or officers thereof. " & SAME — RELIANCE ON CERTIFICATE. A creditor of...
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2 years transportation progress, Volume 16

1892
...assent thereto, shall be jointly and severally liable to the extent of such loan and interest for all debts of the company contracted before the repayment of the sum so loaned." While the statute prohibits the stockholders and officers of this company, which was organized under...
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Documents Relating to the Atchison, Topeka and Santa Fe Railroad Company ...

Atchison, Topeka, and Santa Fe Railroad Company - Railroads - 1893
...made and filed as provided in section twelve (12) of this act, all the directors or trustees of the company shall be jointly and severally liable for all the debts of the company that shall be contracted during the year next preceding the time when such report should by this section...
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Revised Statutes of the State of Delaware, of Eighteen Hundred and Fifty-two ...

Delaware - Law - 1893 - 1017 pages
...shall be 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 were stockholders or officers thereof. SEC. 32. Upon the dissolution in any manner of any...
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Brightly's Purdon's Digest: A Digest of the Statute Law of the ..., Volume 2

Pennsylvania - Bill drafting - 1894
...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 officers or stockholders thereof. Power to hold .real 7. VII. Such corporation may,...
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