Page:United States Statutes at Large Volume 18 Part 2a.djvu/75

 70 DISTRICT OF COLUMBIA. lection of such debt shall be brought against the company within one year after the debt became due; ang no stuitkslhag be brought zigainst an stockholder who shall cease to e a s c o er 1D any suc compahy, for any debt contracted by the company, unless the same shall be commenced within two years from the time he shall have ceased to be a stockholder, nor until an execution against the company shall have been returned unsatisfied in whole or in part. Executore, &e., Sec. 576. N o person holding stock in such company as executor, MV 1>¤¤¤<•¤¤U¥ 1** administrator, guardian, or trustee, shall be personally subject to any bl°· liability as stockholder of suchcompany, but the estate and iuuds in the oi Mnyé181¢i>6;>. 80, hangs of sxuch executoré zditr:n1stramr,bgu;trd12{11, pr ttLu)stee, shapmpee ¤· ·V- ·P· · lia e in li ·e manneran e same ex n as e s rorintes, or the ward or person interested in such trilust-fund would have been if he had been living and competent to act and old the stock in his own name. Representation Sec. 577. Every such executor, administrator, guardian, or trustee, 0* ¤°°°k ****1*1 b! shall re resent the stock in his hands at all meetin s of the com an °-L-i.’°°°°°”’ &°‘ and may vote accordingly as a stockholder g p y, Ibid. . Stvck Mid M Sec. 578. No person holding stock in such company as collateral °°H“*°"’·]· security shall be personally subject to any liability as stockholder of Ibid. such company but the person pledging such stock shall be considered as holding the same, and thall be liable as a stockholder accordingly ; and every person who shall pledge his stock as collateral security may, nevertheless, represent the same at all meetings, and vote as a. stockholder. Stock-book tobe Sec. 579. It shall be the duty of the trustees of every corporation k¤P¤- formed under this chapter to cause a book to be kept by the treasurer ‘I`_b,d__P_1`06_ "‘ or secretary thereof, containing the names of all persons, alphabetically arranged, who are or shall within six years have been stockholders of such company, and showing their place of residence, the number of shares of stock held by them respectively, the time when they became owners of such shares and the amount of stock actually paid in. To be open to in- SEO. 580. Such book shall, during the usual business—hours of the day spection. on every business-day, be open for inspection of stockholders and cred- _Ib—"‘”*”,d_ itlorsof th? cpmpaiiyl; and their pezsonal representatives, at the office prineipa p ace o usiness of suc company in the District where its business operations shall be located, and any stockholder, creditor, or Tr f t reyéregerggatixgwe spall have ia rzghlg tm;] mplae exiiralcfs from such books.h ans ers no E. . o raus ero s c s a evai br any purposesw at Z0*;({;({l “¤]°¤° ’°· soever, except to render the person to whom it shall be transferred _+_ liable for the debts of the company, according to the provisions of this Ibid. chapter, until it shall have been entered, as required by section live hundred and seventy-nine, by an entry showing to and from whom transferred. Sa,ck-i,0,,k to 1,,, Sec._5S2. Such book shall be presumptive evidence of the facts therein Hmgmiitive evi- stated in.iavor of the plaintiff in any snitlgrkproceeding against such _é____ company, or agams any one or more stoc o ers. Ib u. _ p,:,,,,;,,. fgp mg. Sec. 583. Every officer or agent of any company who shall neglect to lect of omcers. make any proper entry in such book, or shall refuse or neglect to ex- ";‘*Ib,d_ hibit the same, or to allow the same to be inspected and extracts to be taken therefrom, as herein provided, shall be deemed guilty of a misdemeanor, aud the company shall pay to the party injured a penalty of fifty dollars for any such neglect or refusal, and all damages resulting therefrom. Blédgjtigrégaxy- f Sec. 584, Every company that shall neglect to keep such_ book open · or inspection, a_s provided in section five hundred and eighty, shall Ibid_ forfeit Ito the limted (gates the sum ot hfty dollars for every day it shall so neg ect, to e sue or and recovered, in the name of the people, in the supreme court of the District, and when so recovered the a t _ shall be paid into the treasury of the District, for the use thereofimmn illgtgglgsva Sec. 5§5. Any existing corporation heretolore formed in the District ish mmm, stock for any oi the purposes mentioned in SBCUOII fivoliundred and fifty-tliree, EGE- or any company which may be formed under this chapter, may increase ‘* ‘ ‘ or diminish its capital] stock, by complying with the provisions of this