962 INDEX. References are to the Section*. STATUTORY LIABILITY— (continued). not the liability of guarantors, 715. cannot be extended, 715, note. not the liability of partners, 716, 719. must be enforced as prescribed by the statute, 717, 783. attaches to what shareholders, 718-720. cannot be created by by-law, 583. creditors proper parties to enforce, 721. corporation cannot assign, 721. averments in pleading, 722. under national banking act, 727. under New York " manufacturing companies" act, 723. set-off under New York " manufacturing companies " act, 732. conditions precedent, 724. joinder of parties, 725, 726. survives death of shareholder, 727j note, extinguishment of, 728. right to set-off, 731, 732. for debts of a particular class, 734. for "debts," 734. repeal of, 735. waiver of, 735. when barred by statute of limitations, 736. evidence of judgment against corporation, 737. existence of corporation cannot be denied, 738, 739. priorities of creditors regarding, 825, 826. not extinguished by transfer of shares to corporation, 135, 747. of directors, 761-775. different classes, 761-766. in its nature penal, 764, 765, 771. for failure to file reports, 767-773. does not survive death of delinquent, 771. what debts included, 772, 773. for signing false reports, 774. enforced outside the state, 393. forms of action, joinder of parties, 775. contribution, 763, 764, 767, 806. STATUTORY PROHIBITIONS, 294-303. corporations organized for prohibited purposes, 149, note. general prohibitions, 295. English " Companies' Act," 296. effect, general rule, 297. excessive rate of interest, 298. forbidden bills and notes, 298. first qualification to general rule, 299. second qualification to general rule, 300. third qualification to general rule, 301. excessive loans by national banks, 301.
