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" In case of excess, the directors under whose administration it shall happen, shall be liable for the same in their natural and private capacities ; and an action of debt may in such case be brought against them, or any of them, their or any of their heirs,... "
At a General Assembly Begun at Dover, in the Delaware State, ... the ... - Page 98
by Delaware - 1816
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Laws Enacted in the General Assembly of the Commonwealth of Pennsylvania ...

Pennsylvania. Laws, statutes, etc - Law - 1823 - 642 pages
...the a-. ""0' shall not, at any time, exceed double the amount of the capital stock, actually paid in. In case of excess, the directors, under whose administration it shall happen, shall be liable In case of for the same, in their individual capacities; and an action of excess direc<!ebt may, in...
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Register of Debates in Congress: Comprising the Leading ..., Volume 1; Volume 8

United States. Congress - Law - 1833 - 746 pages
...unless the contracting of any greater debt shall have been previously authorized by the ' United States. In case of excess, the directors under ' whose administration...such case, be brought against ' them or any of them, them or any of their heirs, exe' cutors, or administrators, in any court of record in the ' United...
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Special Laws of the State of Maine Passed by the Legislature

Maine - Bills, Private - 1825 - 212 pages
.../• i • ii ii • i corporation. the amount of the capital stock actually paid In as aforesaid ; in case of excess, the Directors, under whose administration it shall happen, shall Directors iiabe liabie for the same in their individual and pri- eicess,case °f vate capacities ;...
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Reports of the Secretary of the Treasury of the United States...[1790-1828].

United States. Department of the Treasury - 1828 - 586 pages
...other contract, (credits for deposites excepted,) shall never exceed the amount of its capital stock. In case of excess, the directors, under whose administration it shall happen, shall be liable for it in their private or separate capacities. Those who may have dissented may excuse themselves from...
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Acts of the State of Ohio, Volume 26

Ohio - Session laws - 1829 - 104 pages
...sums due on de- a ^'ount oOhe posites; and incase of excess, the Directors, under whose capital stock administration it shall happen, shall be liable for...the same in their natural and private capacities, in an action of debt a ^ninit 'Yifecagainst them, or any of them, their or any of their respective...
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The American Jurist and Law Magazine, Volume 5

Law - 1831 - 436 pages
...the amount of its capital stock actually paid in. In case of excess of debts so due from said bank, the directors under whose administration it shall happen, shall be liable for the same in their private capacities.' This regulation of the amount of business to be done by a bank by the amount of...
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The American Jurist and Law Magazine, Volume 1

Law - 1829 - 418 pages
...double the amount of its capital actually paid in. In case of excess of debts so due from said bank, the directors under whose administration it shall happen, shall be liable for vOL. i. — NO. ii. 47 370 Legislation. [April, the same in their private capacities. But this shall...
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Journal: 53rd (- 58th) Session

New York (State). Legislature. Assembly - New York (State) - 1830 - 928 pages
...deposits, shall not exceed the sum of five hundred thousand dollars, unless specially authorised by law : In case of excess, the directors under whose administration it shall happen, shall be liable for the same. 10. In case of the failure of the bank, the receiver appointed by the chancellor, may sell the said...
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Legislative Documents of the Senate and Assembly of ..., Volume 1, Issues 1-68

New York (State). Legislature - New York (State) - 1830 - 416 pages
...shall not exceed the sum of five hundred thousand dollars, unless specially authorised -by law: Incase of excess, the directors under whose administration it shall happen, shall be liable for the same. 10. In case of the failure of the bank, the receiver appointed by the chancellor, may sell the said...
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Legislative and Documentary History of the Bank of the United States ...

Matthew St. Clair Clarke - Banking law - 1832 - 864 pages
...contracting of any greater debt shall hare been previously authorized by a law of the United States. In case of excess, the directors under whose administration...the same, in their natural and private capacities, andan action of debt may. in such case, be brought against them, or any of them, their or any of (heir...
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