 | Freeman Hunt, Thomas Prentice Kettell, William Buck Dana - 1858 - 812 pàgines
...dividend or bonus, out of the paidup capital of said company, or when the company is insolvent, or which would render it insolvent, or which would diminish the amount of its capital stock, such managers, directors, or trustees who may be present when such dividend or bonus shall have been... | |
 | 1858 - 784 pàgines
...dividend or bonus, out of the paidup capital of said company, or when the company is insolvent, or which would render it insolvent, or which would diminish the amount of its capital stock, such managers, directors, or trustees who may be present when such dividend or bonus shall have been... | |
 | 1858 - 782 pàgines
...bonus, out of the paidup capital of said company, or when the company is insolvent, or which wuuld render it insolvent, or which would diminish the amount of its capital stock, such managers, directors, or trustees who may be present when such dividend or bonus shall have been... | |
 | Great Britain, Charles Favell Forth Wordsworth - 1859 - 172 pàgines
...to be insolvent, or any dividend the payment of which would to their knowledge render it insolvent, they shall be jointly and severally liable for all...existing, and for all that shall be thereafter contracted, so long as they shall respectively continue in office : Provided always, that the amount for which... | |
 | New York (State) - 1859 - 1348 pàgines
...company shall declare and pay any dividend without having the cash in hand, duly earned, to pay the same, they shall be jointly and severally liable for all...the company then existing, and for all that shall hereafter be contracted while they shall respectively continue in office ; provided that if any of... | |
 | Missouri - 1859 - 164 pàgines
...when the corporation is insolvent, or any dividend, the payment of which would render it insolvent, they shall be jointly and severally liable for all the debts of the corp<iration then existing, and for all that shall be thereafter contracted, as long as they shall... | |
 | New York (State). Court of Appeals, George Franklin Comstock, Henry Rogers Selden, Francis Kernan, Erasmus Peshine Smith, Joel Tiffany, Edward Jordan Dimock, Samuel Hand, Hiram Edward Sickels, Louis J. Rezzemini, Edmund Hamilton Smith, Edwin Augustus Bedell, Alvah S. Newcomb, James Newton Fiero - 1859 - 662 pàgines
...all the trustees of the company shall be jointly and severally liable for all the Garrison v. Howe. debts of the company then existing, and for all that shall be contracted before such report shall be made." (§ 12.) There was a failure to make a report in January,... | |
 | Canada - 1859 - 704 pàgines
...severally liable, as well to the Company as to the individual Share holders and Creditors thereof, for all the debts of the Company then existing, and for all thereafter contracted during their continuance in office, respectively; but if any Director, present... | |
 | Oliver Lorenzo Barbour - 1860 - 716 pàgines
...said companies shall fail to make and publish such statement, all the trustees of the company shall be jointly and severally liable for all the debts...the company then existing, and for all that shall be contracted before such report shall be made." This is a penalty imposed for neglect of duty. The penalty... | |
 | Nathan Howard (Jr.) - 1860 - 608 pàgines
...pro^vides that if any company shall omit to make such report, all the trustees of the company shall be jointly and severally liable for all the debts...the company then existing, and for all that shall be contracted before such report shall be made. The complaint avers that the defendant omitted to make... | |
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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... 
