... 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 1991913Full view - About this book
| George Folger Canfield - Corporation law - 1913 - 1026 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thereof, in the event of its dissolution, to the full amount of the capital stock of the said company, so divided, withdrawn, paid out, or reduced, and to the full amount... | |
| John Thomas Mulligan - Corporation law - 1913 - 616 pages
...minutes of the directors at the time, or were absent from such meeting for good and sufficient cause are, in their individual and private capacity, jointly and severally liable to the corporation and the creditors thereof in the event of its dissolution to the full amount of the capital stock so divided,... | |
| Geology - 1915 - 410 pages
...the directors at the time, or were not present when the same did happen) are, in their individual or private capacity, jointly and severally liable to the corporation, and to the creditors thereof, to the full amount of the capital stock so divided, withdrawn, paid out, or reduced, or debt contracted... | |
| Hawaii - Banking law - 1915 - 86 pages
...in their individual and private capacities, be jointly and severally liable to the corporation and creditors thereof, in the event of its dissolution, to the full amount so divided, withdrawn, paid out or reduced; Provided, that nothing in this section contained shall... | |
| Fabius M. Clarke - Corporation law - 1916 - 1012 pages
...the directors at the time, or were not present when the same did happen), are, in their individual or private capacity, jointly and severally liable, to the corporation, and to the creditors thereof, to the full amount of the capital stock so divided, withdrawn, paid out, or reduced, or debt contracted... | |
| Electronic journals - 1916 - 536 pages
...the directors at the time, or were not present when the same did happen) are, in their individual or private capacity, jointly and severally liable to the corporation, and to the creditors thereof, to the full amount of the .... debt contracted." Where, during the pendency of an action under said... | |
| California - Law - 1917 - 944 pages
...the directors at the time, or were not present when the same did happen) are, In their individual or private capacity, jointly and severally liable to the corporation, and to the creditors thereof, to the full amount of the capital stock so divided, withdrawn, paid out, or reduced or debt contracted.... | |
| Appellate courts - 1918 - 742 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... | |
| Appellate courts - 1919 - 744 pages
...stock and declaring that for a violation they shall be liable in their individual and private capacity to the corporation and to the creditors thereof in the event of its dissolution, an insolvent corporation which had no property and assets, and which the directors themselves reported... | |
| Richard Howard Morrison - Corporations - 1921 - 136 pages
...corpor-oOo 6. Supra, n. 3. 7. Oal. Civ. Code §309, "...the directors., .are in their individual or private capacity jointly and severally liable to the corporation, and to the creditors thereof to the full amount of the capital stock so divided, withdrawn, paid out, or reduced..." -3 Q ation.... | |
| |