... 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 441892Full view - About this book
| 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... | |
| 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be jointly and severally liable to the corporation, and [to] the creditors thereof, to the full amount so divided, withdrawn, or reduced, or paid out."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... | |
| 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liable to the corporation, and the creditors thereof, in the event of its dissolution, to the full amount so divided, withdrawn, paid out, or reduced; provided, that this section shall not be construed to... | |
| 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creditors thereof in the event...dissolution, to the full amount of the capital stock of the said company so divided, withdrawn, paid out or reduced, and to the full amount of the notes... | |
| 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in the event of its dissolution or insolvency, to the full amount of the dividend made or capital stock so divided, withdrawn, paid... | |
| 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in the event of its dissolution or insolvency, to the full amount of the dividend made or capital stock so divided, withdrawn, paid... | |
| 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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