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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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A Compilation of All the Acts, Resolutions, Reports, and Other Documents, in ...

Bank of the State of South Carolina - Banking law - 1848 - 784 pages
...contracting of any greater debt shall have been previously authorized by a law of this State ; in ease of excess, the Directors under whose administration...shall happen, shall be liable for the same in their private capacities, and an action of debt may in sueh case be brought against them, or any of them,...
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Acts of the General Assembly of South-Carolina

South Carolina - Session laws - 1848 - 104 pages
...Corporation shall at any time owe, shall not exceed the amount of its capital stock actually paid in, and in case of excess, the Directors under whose administration it shall happen, shall be jointly and severally liable for the same in their natural capacity. Such of the said Directors as...
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The Public Statutes at Large of the United States of America from the ...

United States - 1848
...contracting of any greater debt shall have been previously authorized by law of the United States. Ijable for the same in their natural and private capacities : and an action of debt may in such case...
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The Statutes at Large and Treaties of the United States of America ..., Volume 1

United States - Law - 1850 - 886 pages
...contracting of any greater debt shall have been previously authorized by a law of the United States. In case of excess, the directors, under whose administration...such case, be brought against them, or any of them, their or any of their heirs, executors or administrators, in any court of record of the United States,...
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The Works of Alexander Hamilton: Miscellanies, 1789-1795: France; Duties on ...

Alexander Hamilton - Finance - 1850 - 606 pages
...other contract (credits for deposites execpted), 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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The Works of Alexander Hamilton: Comprising His Correspondence ..., Volume 3

Alexander Hamilton - Finance - 1850 - 606 pages
...other contract (credits for deposites excepted), stall 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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A Dictionary, Practical, Theoretical, and Historical, of Commerce ..., Volume 1

John Ramsay McCulloch - Commerce - 1852 - 790 pages
...the United States. In case of excees, the directore under whose administration it shall happen, ehall be liable for the same in their natural and private capacities ; and an action of debt may, in euch сам, be brought minet them, or any of them, their or any of their heirs, executors, or administrators,...
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The Debates and Proceedings in the Congress of the United States: With an ...

United States. Congress - United States - 1853 - 708 pages
...contracting of any greater debt shall have been previously authorized by a law of the United States. In case of excess, the directors, under whose administration...such case be brought against them, or any of them, their or any of their heirs, executors or administrators, in any court of record of the United States,...
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The Debates and Proceedings in the Congress of the United States ..., Volume 1

Joseph Gales - United States - 1853 - 706 pages
...authorized by a law of the United States; In case of excess, the directors, under whose administration ft shall happen, shall be liable for the same, in their...such case be brought against them, or any of them, their or any of their heirs, executors or administrators, in any court of record of the United States,...
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Annals of the Congress of the United States

United States. Congress - Law - 1854 - 1106 pages
...contracting of any greater debt shall have been previously authorized by a law of the United States. In case of excess, the directors under whose administration...such case be brought against them, or any of them, their or any of their heirs, executors, or administrators, in any court of record of the United States,...
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