Gormley v. Searcy

“1. Where tlie special legislative charter of a bank which was granted on October 26, 1870, for a period of thirty years, and provided that the ‘individual property of the stockholder at the time of suit shall be liable for the ultimate payment of the debts of the company in proportion to the amount of stock owned by each stockholder’ (Ga. L. 1870, pp. 114, 115), was renewed by the secretary of State on October 24, 1900, in accordance with the laws of force at that time providing for the renewal of special legislative charters theretofore granted to banking companies (Ga. L. 1893, p. 88; Code…