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" Each shareholder, until the whole amount of hit* stock has been paid up, shall be individually liable to the creditors of the company to an amount equal to that not paid up thereon, but. shall not be liable to an action therefor by any creditor before... "
Acts of the Legislature of the Province of Manitoba: Passed in the Session ... - Page 14
de Manitoba - 1895
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The Law Journal for the Year 1832-1949: Comprising Reports of Cases in the ...

1869 - 972 pages
...up, but shall not be liable to an action therefor before an execution against the company shall have been returned unsatisfied in whole or in part, and the amount due on such execution shall be the amount recoverable, with costs, against such shareholders." 1 The declaration in the action...
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Journals ..., Volume 18

Canada. Parliament. Legislative Council - 1860 - 368 pages
...such Director is sued therefor " within one year from the time he ceased to be a Director, nor yet before an execution " against the Company has been...returned unsatisfied in whole or in part ; and the amount " duo on such execution shall be the amount recoverable, with costs, against the Directors." Page 11,...
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The Provincial Statutes of Canada

Canada - 1851 - 610 pages
...; but shall not be liable to an action therefor before an execution against the Company shall have been returned unsatisfied in whole or in part, and the amount due on such execution shall be the amount recoverable with costs against such Shareholders. Secondly. The original Capital Stock...
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Railway Clauses Consolidation Acts and Acts Relating to the Grand Trunk ...

Canada - 1853 - 156 pages
...; but shall not be liable to an action therefor before an execution against the Company shall have been returned unsatisfied in whole or in part, and the amount due on such execution shall be the amount recoverable with costs against such Shareholders. Secondly. The original Capital Stock...
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Acts Incorporating the Great Western Railway Company: With the Several Acts ...

Great Western Railway Company (Canada) - 1854 - 358 pages
...; but shall not be liable to any action therefor before an execution against the Company shall have been returned unsatisfied in whole or in part, and the amount due on such execution shall be the amount recoverable with costs, against such Shareholders. Secondly. The original Capital Stock...
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Annual Report of the Board of Railroad Commissioners of the State ..., Volume 3

New York (State). Board of Railroad Commissioners - 1907 - 796 pages
...corporation until judgment therefor has been recovered against the corporation, and an execution thereon has been returned unsatisfied in whole or in part, and the amount due on such execution shall be the amount recoverable, with costs against the stockholder. No stockholder shall be personally liable...
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Reports of Cases Decided in the Court of Common Pleas ..., Volume 5

Ontario. Court of Common Pleas - 1856 - 598 pages
..." but shall not be liable to an action therefor before an execution against the company shall have been returned unsatisfied in whole or in part, and the amount due on such execution shall be the amount recoverable with costs against such shareholders." By sec. 16, number 10, the directors...
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Statutes of the Province of Canada

Canada - 1859 - 704 pages
...equal to the amount unpaid on the Stock held by him, but shall not be liable to an action therefor before an execution against the Company has been returned...part; and the amount, due on such execution, shall be the amount recoverable with costs against the Share holders. 92. The Capital Stock of the Company...
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Statutes of the Province of Canada

Canada - 1860 - 1118 pages
...Creditors Shareholders of the Company, to an amount equal to that not paid up thereon ; defined and but shall not be liable to an action therefor by any creditor, "mited> before an execution against the Company has been returned unsatisfied in whole or in part ;...
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Statuts de la province du Canada

Canada - 1861 - 418 pages
...exigible, nor yet unless such Director is sued thereon or therefor within one year thereafter, nor yet before an execution against the Company has been returned unsatisfied in whole or part ; and the amount due on such execution shall be the amount recoverable, with costs, against the...
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