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" ... jointly and severally liable in an action founded on this statute for all the debts of such corporation contracted during the period of such neglect or refusal... "
Mining Magazine: Devoted to Mines, Mining Operations, Metallurgy & C - Страница 153
1853
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Acts Passed by the General Assembly of Georgia

Georgia - 1850 - 460 страница
...insolvent, or the payment of such dividend would render it so, the Directors assenting thereto shall be jointly and severally liable in an action founded on this statute for all debts due from such corporation at the time of declaring such dividend : Prawded, nevertheless, Bach...
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The Law of Debtor and Creditor in the United States and Canada

James Philemon Holcombe - 1848 - 528 страница
...to be insolvent, or that such dividend would render it so, the directors assenting thereto will be jointly and severally liable, in an action founded on this statute, for all debts due from said company, at the time of such dividend. Penalty on colorations for violating any...
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Acts

Tennessee - 1850 - 698 страница
...corporation to be insolvent, or that the payment would render it so, the directors assenting thereto shall be jointly and severally liable in an action founded on this statute for all debts due from such corporation at the time of declaring such dividend; Provide*/, That each director...
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Michigan Reports: Cases Decided in the Supreme Court of Michigan, Том 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 страница
...with any of the provisions of, and to perform the duties required of them by this act, they shall be jointly and severally liable in an action founded...contracted during the period of such neglect or refusal." In 1903 an act was passed entitled, "An act to revise and consolidate the laws providing for the incorporation...
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Michigan Reports: Cases Decided in the Supreme Court of Michigan, Том 112

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 - 1898 - 802 страница
...(section 1821, Comp. Laws 1857) declared that directors should be liable iu an action founded on the statute " for all the debts of such corporation contracted during the period of such neglect or refusal." It will be seen that the statute in question differs from any of those referred to, and for this reason...
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Michigan Reports: Cases Decided in the Supreme Court of Michigan, Том 189

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 - 1917 - 806 страница
...corporation so in default, who has neglected or refused to join in the making of such report shall be liable for all the debts of such corporation contracted during the period of such neglect or refusal." We are of opinion that the case at bar is controlled by our decision in the Continental Case, and the...
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Michigan Reports: Cases Decided in the Supreme Court of Michigan, Том 83

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 - 1891 - 782 страница
...insolvent, or that the payment of such dividend would render it BO, the directors assenting thereto shall be jointly and severally liable, in an action founded on this statute, for all debts due from such corporation at the time of paying or declaring such dividend." * In view of such...
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Merchants' Magazine and Commercial Review, Том 29

1853 - 790 страница
...duties required of them by sections three, five, eighteen, and nineteen of this act, they shall be jointly and severally liable in an action founded...and acting as such directors at any time during such nt-glect or refusal, shall be guilty of a misdemeanor, and may, on conviction thereof, he fineil a...
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Merchants' Magazine and Commercial Review, Том 29

1853 - 788 страница
...duties required of them by sections three, five, eighteen, and nineteen of this act, they shall be jointly and severally liable in an action founded...during the period of such neglect or refusal ; and euch of them as were present find acting as such directors at any time during such neglect or refusal,...
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Special Acts and Resolutions of the State of Connecticut...

Connecticut - 1853 - 250 страница
...insolvent, or that such dividend would render it insolvent, the directors assenting thereto, shall be, jointly and severally, liable in an .action founded on this statute, for all debts due from such corporation at the time of such dividend. SEC. 11. Said company shall annually,...
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