If the trustees 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, or which would diminish the amount of its capital stock, they shall be jointly and severally... Acts of the Legislature of the State of Michigan - Страница 51написао/ла Michigan - 1867Пуни преглед - О овој књизи
| New York (State) - 1867 - 1404 страница
...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 if any of the directors shall object to the declaring of such dividend or... | |
| 1848 - 688 страница
...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 if any of the trustees shall object to the declaring of such dividend or... | |
| Michigan - 1851 - 434 страница
...shall accept or receive such dividend, shall be jointly and severally liable for all the debts of said company then existing, and for all that shall be thereafter contracted while they respectively continue stockholders or in office. If any certificate or report made or public notice... | |
| Canada - 1856 - 620 страница
...and which said dividend shall be paid, 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 always that if any of such Managers, Directors or Trustees, shall object to the... | |
| 1853 - 688 страница
...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 if any of the trustees shall object to the declaring of such dividend or... | |
| California, Selucius Garfielde, Frederick A. Snyder - 1853 - 1108 страница
...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 if any of the directors Pro»i«>. shall object to the declaring of such... | |
| Illinois - 1853 - 276 страница
...the amount of its capital stock, they shall be jointly and severally liable for ail the debts of the company then existing, and for all that shall be thereafter contracted, while they shah respecProviso. tively continue in office : Provided, that if any of the trustees shall object... | |
| Wellington Harrison Richmond - 1854 - 646 страница
...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 always, that if any of such Trustees shall object to the declaring of such dividend... | |
| New Jersey - 1854 - 632 страница
...insolvent or which would diminish the amount of its capital stock, they shall be jointly and severally liable for all the debts of such company then existing, and for all claims and demands against such company then existing, and for all debts, claims and demands thereafter... | |
| Canada - 1854 - 560 страница
...material representation, the said President and Directors making the same, knowing it to be false, shall be jointly and severally individually liable for all the debts of the Corporation contracted while they are Directors thereof. Company may XXVI. The Company may establish... | |
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