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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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Commentaries on the Law of Private Corporations, Volume 3

Seymour Dwight Thompson - Corporation law - 1895 - 8032 pages
...within twenty days from the 1st of January of each year, in default of which " 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." This statute...
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Reports of Cases Heard and Determined in the Supreme ..., Volume 62; Volume 69

Marcus Tullius Hun, New York (State). Supreme Court - Law reports, digests, etc - 1892
...shall assent thereto, shall be jointly and severally liable to the extent of such loan, and interest, for all the debts of the company contracted before the repayment of the sum so loaned." THIRD DEPARTMENT, NOVEMBER TERM, 1891. Wliile the statute prohibits the stockholders arid officers...
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Reports of the Decisions of the Court of Appeals of the State of ..., Volume 6

Colorado. Court of Appeals - Law reports, digests, etc - 1896
...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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The Miscellaneous Reports: Cases Decided in the Inferior Courts ..., Volume 21

Law reports, digests, etc - 1897
...company shall be carried on ; and 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." Section 23 of...
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A Treatise on the Law of Private Corporations

Henry Osborn Taylor - Corporation law - 1898 - 946 pages
...material representation,1 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."2 Under a provision of this kind, in order to charge...
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Colorado Reports, Volume 25

Colorado. Supreme Court - Law reports, digests, etc - 1899
...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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The Encyclopaedia of Pleading and Practice: Under the Codes and ..., Volume 15

Civil procedure - 1899
...Berlin, 13 Colo. iqS, decided underastatute which provided that " 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 15 Encyc, PI. & Pr. — 5 05 when...
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Reports of Cases Decided in the Appellate Courts of the State of ..., Volume 80

Illinois. Appellate Court, Edwin Burritt Smith, Martin L. Newell - Law reports, digests, etc - 1899
...company shall be carried on ; and 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." 1 Rev. Stat....
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The Compiled Laws of Nevada in Force from 1861 to 1900 (inclusive): With ...

Nevada - Law - 1900 - 1075 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 are stockholders or officers thereof, and shall likewise be guilty of a misdemeanor, and...
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A Selection of Cases on Private Corporations: In Two Volumes, Volume 1

Jeremiah Smith - Corporation law - 1902
...certificate ; and that, 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 of the company then existing. It appeared that one, at least, of the creditors, Elizabeth Warren, made a loan to the...
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