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" ... shall be jointly and severally liable for all the debts of the company then existing, and for all that shall be thereafter contracted, while they shall respectively continue in office... "
Richmond's Book of Legal Forms and Law Manual: For the Legal Transaction of ... - Page 432
de Wellington Harrison Richmond - 1854 - 600 pages
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Mining Magazine: Devoted to Mines, Mining Operations, Metallurgy & C

1854 - 618 pages
...directors 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,...shall respectively continue in office ; Provided, that if any of the directors shall object to the declaring of such dividend, or to the payment of the...
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Acts of the General Assembly of the State of New Jersey

New Jersey - 1854 - 632 pages
...r*n»i°'™t nir company shall declare and pay any dividend when such company is insolvent, or any dividend, the payment of which would render it insolvent...jointly and severally liable for all the debts of such company then existing, and for all claims and demands against such company then existing, and...
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Statutes of the Province of Canada, Partie 1

Canada - 1854 - 556 pages
...pay No di?idendto any dividend when the Corporation is insolvent, or which ^ paid when would if paid render it insolvent, or which would '' diminish the...amount of its Capital Stock, they shall be jointly of the Corporation for any debts thereof to the amount of such p ena iiy. excess of indebtedness. XXII....
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Report

Great Britain. Commissioners appointed to inquire and ascertain how far the Mercantile Laws in the different parts of the United Kingdom of Great Britain and Ireland may be advantageously assimilated and also whether any and what alterations and amendments should be made in the Law of artnership as regards the question of the limited or unlimited responsibility of partners - 1854 - 330 pages
...company is insolvent, or any dividend the payment of which would render it and corporation in" insolvent, they shall be jointly and severally liable for all the debts of the company solvent, each director " then existing, and for all that shall be thereafter contracted, so long as...
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Parliamentary Papers, Volume 27

Great Britain. Parliament. House of Commons - 1854 - 328 pages
...company is insolvent, or any dividend the payment of which would render it and corporation ininsolvent, they shall be jointly and severally liable for all the debts of the company solvent, each director then existing, and for all that shall be thereafter contracted, so long as they...
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The Compiled Statutes of the State of New Hampshire: To which are Prefixed ...

New Hampshire - 1854 - 712 pages
...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 corporation then existing, and for all that shall be thereafter contracted, so long as they shall respectively...
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Statuts de la province du Canada

Canada - 1854 - 560 pages
...• i J -4 • i,- i ii the Company would il paid render H insolvent, or which would ;s jusoiveiit. diminish the amount of its Capital Stock, they shall be jointly and severally individually liable for all debts 01 the Company then existing, or which may be contracted while they...
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The Statutes of the United Kingdom of Great Britain and Ireland, Passed in ...

Great Britain - 1855 - 992 pages
...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 that the Amount for which they shall...
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The Law Magazine, Or, Quarterly Review of Jurisprudence

1855 - 452 pages
...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 that the amount for which they shall...
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The Legal Observer, and Solicitors' Journal, Volume 50

1855 - 532 pages
...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 that the amount for which they shall...
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