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" 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 - Página 51
por Michigan - 1867
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Laws of the State of New York, Volume 2

New York (State) - 1867 - 1404 páginas
...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...
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Merchants' Magazine and Commercial Review, Volume 18

1848 - 688 páginas
...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...
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Public and Local Acts of the Legislature of the State of Michigan

Michigan - 1851 - 434 páginas
...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...
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Statuts de la province du Canada

Canada - 1856 - 620 páginas
...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...
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Mining Magazine: Devoted to Mines, Mining Operations, Metallurgy & C

1853 - 688 páginas
...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...
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Compiled Laws of the State of California: Containing All the Acts of the ...

California, Selucius Garfielde, Frederick A. Snyder - 1853 - 1108 páginas
...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...
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Laws

Illinois - 1853 - 276 páginas
...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...
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Richmond's Book of Legal Forms and Law Manual: For the Legal Transaction of ...

Wellington Harrison Richmond - 1854 - 646 páginas
...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...
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Acts of the General Assembly of the State of New Jersey

New Jersey - 1854 - 632 páginas
...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...
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Statuts de la province du Canada

Canada - 1854 - 560 páginas
...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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