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" If the directors of any such company shall declare and pay any dividend, when the company 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 company then existing... "
Statuts du Canada - Seite 430
von Canada - 1873
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Laws of the State of New York, Band 2

New York (State) - 1867 - 1404 Seiten
...or which would diminish the amount of its capital stock, they shall be jointly and severally liable for all the debts of the company then existing, and for all that shall be thereafter contracted while they shall respectively continue in office. Provided, that...
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The Law Journal for the Year 1832-1949: Comprising Reports of Cases in the ...

1856 - 532 Seiten
...payment of which would to their knowledge render it insolvent, they shall be jointly and severally liable for all the debts of the company then existing, and for all that shall be thereafter contracted, so long as they shall respectively continue in office: Provided...
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Acts of the General Assembly of the State of New Jersey

New Jersey - 1842 - 1396 Seiten
...unable to pay of which would render it so unable, they shall be jointly and its debtsseverally liable for all the debts of the company then existing and for all that shall be thereafter contracted, so long as they shall respectively continue in office ; provided,...
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Acts of the General Assembly of the State of New Jersey

New Jersey - 1847 - 954 Seiten
...administration it shall happen shall be jointly and severally liable, to the extent of such excess, for all the debts of the company then existing, and for all that shall be contracted, so long as they shall respectively continue in office, until the debts shall...
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Laws of the State of New York Passed at the Sessions of the Legislature

New York (State). Legislature - 1848 - 672 Seiten
...fail so to do, all the directors of the company failing so to do shall he 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. "rorUjpn 6 13. If the directors of any such...
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Journal of the Franklin Institute

1848 - 966 Seiten
...dividend, the payment of which would render it insolvent, they shall be jointly anil severally liable for all the debts of the company then existing, and for all that shall be thereafter contracted, so long as they shall respectively remain in office: Provided,...
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Merchants' Magazine and Commercial Review, Band 18

1848 - 694 Seiten
...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 rach report shall be made. Sec. 13. If the trustees of any such company...
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Acts

Tennessee - 1850 - 698 Seiten
...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. SEC. 13. If the trustees of any such company...
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Acts of the State of Ohio

Ohio - 1851 - 196 Seiten
...insolsolvent, or which would reduce the amount of their capital, yentthey shall jointly and severally be liable for all the debts of the company then existing, and for all that shall be thereafter contracted, so long as they shall respectively continue in office ; Provided,...
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Michigan Reports: Cases Decided in the Supreme Court of Michigan, Band 158

Michigan. Supreme Court, Randolph Manning, George C. Gibbs, Thomas McIntyre Cooley, Elijah W. Meddaugh, William Jennison, Hovey K. Clarke, Hoyt Post, Henry Allen Chaney, William Dudley Fuller, John Adams Brooks, Marquis B. Eaton, Herschel Bouton Lazell, James M. Reasoner, Richard W. Cooper - 1910 - 858 Seiten
...within a certain time, for failure of which the trustees — " 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." Plaintiff brought suit against the warehouse...
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