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" ... and the amount due on such execution shall be the amount recoverable with costs, against such shareholder, to the extent of the amount by him due on his shares. "
Reports of the Supreme court of Canada - Page 532
de Canada law reports - 1878
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The Shareholders' and Directors' Companion: A Manual of Every-day Law and ...

Sir Francis Beaufort Palmer - 1880 - 122 pages
...position to prove inability to pay debts than insolvency. The fact that execution issued on a judgment against the company has been returned unsatisfied in whole or in part, is eviden.ce that the company is unable to pay its debts. So, too, the fact that a creditor for not...
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The Law and Practice of Joint Stock Companies Under the Canadian Acts: A ...

Charles Henry Stephens - 1881 - 627 pages
...an amount equal to that not paid up thereon ; but shall not be liable to an 1 LR 9 Eq. 653. action therefor by any creditor, before an execution against...unsatisfied in whole or in part ; and the amount due onsuch execution, not exceeding the amount unpaid on his shares, as aforesaid, shall be the amount...
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Statutes at Large of the State of New York: Comprising the ..., Volume 10

New York (State) - 1882
...therefor, before an execution shall be returned unsatisfied in whole or in part against the corporation, and the amount due on such execution shall be the amount recoverable with costs against such stockholders, before such laborer or servant shall charge such stockholders for such ninety days' service,...
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The Shareholders' and Directors' Legal Companion: A Manual of Every Day Law ...

Francis Beaufort Palmer - 1882 - 192 pages
...position to prove inability to pay debts than insolvency. The fact that execution issued on a judgment against the company has been returned unsatisfied in whole or in part, is evidence that the company is unable to pay its debts. So, too, the fact that a creditor for not...
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Statutes of the Province of Quebec

Québec (Province) - 1883
...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 an execution against...recoverable with costs, against such shareholder, to the extent of the amount by him due on his shares. 29. The shareholders of the company shall not,...
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Debates of the Senate: Débats du Sénat

Canada. Parliament. Senate - 1883
...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 an execution against...recoverable with costs, against such shareholder." HON. MR. TRUDEL— It seems to me that such legislation, for two very strong reasons, should not be...
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Reports of Cases Decided in the Court of Appeal, Volume 7

Ontario. Court of Appeal, James Stewart Tupper, Richard Scougall Cassels - 1883
...or corporation to an amount equal to that not paid up thereon, but shall not be liable to an action therefor by any creditor before an execution against...the amount due on such execution shall be the amount recovered with costs against such shareholder. And whereas you, James Austin, are a stockholder in...
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Reports of Cases Decided in the Court of Common Pleas of Upper Canada, Volume 11

Upper Canada. Court of Common Pleas - 1883
...action therefor before an execution against the company shall have been returned unsatisfied in whele or in part, and the amount due on such execution shall...be the amount recoverable with costs against such sharehelders." I fail to discover any support for the new idea in this provision, and the idea after...
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Report of the Commission for the Revision and Consolidation of the General ...

Québec (Province). Commission for the Revision and Consolidation of the General Statutes - 1883
...iintil the whole amount of his stock has been paid up ; but shall not be liable to an action therefor, before an execution against the company has been returned unsatisfied, in whole or in part ; 43-44 V., c. 43, s. 23. when and -• Municipal corporations, being duly empowered so to tions nTav°...
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The Canadian Law Times, Volume 5

1885
...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 an execution against...whole or in part; and the amount due on such execution not exceeding the amount unpaid on his shares as aforesaid, shall be the amount recoverable with costs,...
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