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" ... jointly and severally liable to the corporation, and to the creditors thereof, in the event of its dissolution, to the full amount of the capital stock so divided... "
The Pacific Reporter - Page 44
1892
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Howard's Practice Reports in the Supreme Court and Court of ..., Volume 57

Nathan Howard (Jr.), Rowland M. Stover - Civil procedure - 1879 - 668 pages
...of chapter 18 of the Revised Statutes (vol. I, p. 601), is declared to be a liability " to the new corporation and to the creditors thereof in the event of its dissolution." The provision of law under which in Osgood agt. Layton (infra) it was held that an action would be...
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The Federal Reporter: Cases Argued and Determined in the ..., Volumes 245-246

Law reports, digests, etc - 1918 - 2060 pages
...administration the same may have happened * * * shall in their individual and private capacities, be jointly and severally liable to the corporation, and [to] the creditors thereof, to the full amount so divided, withdrawn, or reduced, or paid out." To pay to the stockholders the...
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The Doctrine of Ultra Vires: Illustrated and Explained by Selected Cases ...

George Washington Field - Ultra vires - 1881 - 620 pages
...in their individual and private capacities, be jointly and severally liable to the corporation, and the creditors thereof, in the event of its dissolution, to the full amount so divided, withdrawn, paid out, or reduced; provided, that this section shall not be construed to...
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General Insurance Statutes of the State of New York: Including Alterations ...

New York (State) - Insurance law - 1883 - 342 pages
...happen, shall in their individual and private capacities jointly and severally be liable to the said corporation, and to the creditors thereof in the event...dissolution, to the full amount of the capital stock of the said company so divided, withdrawn, paid out or reduced, and to the full amount of the notes...
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At a General Assembly Begun at Dover, in the Delaware State, ... the ...

Delaware - Law - 1883 - 1240 pages
...severally, be liable at any time within the period of six years after paying any such dividends to the said corporation, and to the creditors thereof in the event of its dissolution or insolvency, to the full amount of the dividend made or capital stock so divided, withdrawn, paid...
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Laws of the State of Delaware

Delaware - Law - 1883 - 706 pages
...severally, be liable at any time within the period of six years after paying any such dividends to the said corporation, and to the creditors thereof in the event of its dissolution or insolvency, to the full amount of the dividend made or capital stock so divided, withdrawn, paid...
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Reports of Cases Argued and Determined in the Superior Court of ..., Volume 49

New York (State). Superior Court (New York), James Clark Spencer, Samuel Jones - Law reports, digests, etc - 1884 - 622 pages
...appropriate and only remedy, by providing that the directors assenting to the wrongful act, shall be jointly and severally liable to the corporation and...dissolution, to the full amount of the capital stock of said company illegally issued. This argument does not seem to us conclusive on this appeal. The...
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Census Reports Tenth Census. June 1, 1880: United States mining laws ... and ...

United States. Census Office. 10th Census, 1880 - United States - 1885 - 742 pages
...shall, in their individual or private capacities, be jointly or severally liable to the corporation, and the creditors thereof in the event of its dissolution, to the full amount so divided, or reduced, * or paid ont: Provided, That this section shall not be construed to prevent...
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The Codes and Statutes of California, as Amended and in Force at the Close ...

California - California - 1886 - 700 pages
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