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Page 119
... liability is imposed upon the directors toward either the cor- poration or creditors on account of an overvaluation made by them . In the Ninth Tentative Draft , section 22 , di- rectors were declared to be jointly and severally liable ...
... liability is imposed upon the directors toward either the cor- poration or creditors on account of an overvaluation made by them . In the Ninth Tentative Draft , section 22 , di- rectors were declared to be jointly and severally liable ...
Page 123
... liability of each will not be con- fined to his stock ; but it does not follow that each will be liable , in solido , for the whole of such losses . Reynolds v . Feliciana Steam Boat Co. , 1841 , 17 La . 397 . While the affairs of an ...
... liability of each will not be con- fined to his stock ; but it does not follow that each will be liable , in solido , for the whole of such losses . Reynolds v . Feliciana Steam Boat Co. , 1841 , 17 La . 397 . While the affairs of an ...
Page 155
... liability . Much can be said in favor of those statutes which impose liability to the corporation and / or creditors , thus making doubly certain the fact that the erring directors will be held fully responsible . " Where the ...
... liability . Much can be said in favor of those statutes which impose liability to the corporation and / or creditors , thus making doubly certain the fact that the erring directors will be held fully responsible . " Where the ...
Contents
TITLES AND CHAPTERS | xv |
Numerical Index to Titles and Chapters XIII | xxxi |
Louisiana Revised Statutes of 1950 | xxxiii |
Copyright | |
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agent alleged amendment amount appeal appointment of receiver articles of incorporation articles or by-laws Ass'n assets attorney authority Bank board of directors bonds Business Corporation Act capital stock cause of action ceiver charter Construction and application contract corporation's court creditors debts defendant dissolution dividends elected entitled estopped ex rel filed foreign corporation held History and Source holders indorsement insolvent issued judgment jurisdiction L.Ed La.Ann La.App liability liquidator Llano Del Rio mandamus meeting ment Model Act Model Business Corporation mortgage Notes of Decisions Orleans App owner paid par value parties payment person petition plaintiff pledged poration president proceedings purchase purpose receivership registered office resolution S.Ct Secretary service of process shareholders Source of Law statute Stock Transfer Act stockholders subscribed subscription suit thereof tion trust ultra vires Uniform Stock Transfer valid voting trust