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" Each stockholder of a corporation, or joint-stock association, shall be individually and personally liable for such proportion of all its debts and liabilities contracted or incurred, during the time he was a stockholder, as the amount of stock or shares... "
Statutes of California and Digests of Measures - Page xlv
by California - 1897
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Michigan Reports: Cases Decided in the Supreme Court of Michigan, Volume 97

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 - Law reports, digests, etc - 1894 - 778 pages
...individually and personally liable for such proportion of all its debts and liabilities, contracted or incurred during the time he was a stockholder,...stock or shares of the corporation or association." It is proper to state that the sole question presented by this record is the right to enforce an assessment...
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The Law of Private Corporations: Being the Law of Private Corporations Under ...

John Proffatt - Corporation law - 1876 - 252 pages
...a corporation is individually and personally liable for such portions of its debts and liabilities as the amount of stock or shares owned by him bears...subscribed capital stock or shares of the corporation, and for a like proportion only of each debt or claim against the corporation. Any creditor of the corporation...
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The Pacific law encyclopedia

Jabez Franklin Cowdery - 1878 - 842 pages
...corporation is individually and personally liable for such proportion of its debts and liabilities as the amount of stock or shares owned by him bears...subscribed capital stock or shares of the corporation, and for a like proportion only of each debt or claim against the corporation. Any creditor of the corporation...
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Annual Report of the American Bar Association: Including ..., Volume 1

American Bar Association - Bar associations - 1878 - 820 pages
...capital stock ; and that the directors and trustees of corporations and joint stock companies shall be jointly and severally liable to the creditors and...moneys embezzled or misappropriated by the officers of the corporation during the term of office of the director or trustee. The legislature is not authorized...
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The Constitution of the State of California Adopted in 1879: With References ...

California - Constitutions - 1879 - 442 pages
...individually and personally liable for such proportion of all its debts and liabilities contracted or incurred, during the time he was a stockholder,...corporation, or joint-stock association, during the term of office of such director or trustee. in, XI, 6; Ind. XI, 6; Iowa, УШ, 9; Minn. X, 3; Neb. XI, Misc....
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The Constitution of the United States and the Constitutions of California ...

California - Constitutions - 1879 - 216 pages
...individually and personally liable for such proportion of all its debts and liabilities contracted or incurred, during the time he was a stockholder,...corporation, or joint-stock association, during the term of office of such director or trustee. § 4. The term corporations, as used in this article, shall...
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Laws of the State of California Relative to Railroads and Railroad ...

California - California - 1879 - 308 pages
...stockholders liable ually and personally liable for such proportion of its debts lurdebtsand liabilities as the amount of stock or shares owned by him bears...subscribed capital stock or shares of the corporation, and for a like proportion only of each debt or claim against the corporation. Any creditor of the corporation...
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Albany Law Journal, Volume 20

Law - 1879 - 582 pages
...capital stock; and that the directors and trustees of corporations and joint-stock companies shall be jointly and severally liable to the creditors and...moneys embezzled or misappropriated by the officers of the corporation during the term of office of the director or trustee. The Legislature is uot authorized...
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Appletons' Annual Cyclopaedia and Register of Important Events

Encyclopedias and dictionaries - 1880 - 914 pages
...individually and personally liable tor such proportion of all its debts and liabilities contracted or incurred during the time he was a stockholder,...corporation or joint-stock, association during the term of office of such director or trustee." "No railroad or other transportation company shall grant free...
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Appletons' Annual Cyclopaedia and Register of Important ..., Volume 4; Volume 19

Encyclopedias and dictionaries - 1880 - 912 pages
...individually and personally liable for such proportion of all its debts and liabilities contracted or incurred during the time he was a stockholder,...officers of such corporation or joint-stock association daring the term of office of such director or trustee." " No railroad or other transportation company...
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