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absence agents agreement assessment assets assumpsit behalf benefit binding breach of trust capital stock charter common law condition precedent consent corp corporate debts corporate officers courts Crawfordsville Creditors and Third cription directors or officers duty ectors enabling act enforce Equity estopped estoppel existence fact facto faith fiduciary relation fraud fraudulent funds guilty hare held hold holders hundred percent ility impairment of capital imposed incorporation paper Indiana individual iness insolvent jurisdiction Liabilities of Directors LIABILITIES OF PROMOTERS LIABILITIES OF SHAREHOLDERS liable as partners liable to creditors loss Mass Miller misappropriation mismanagement National Bank negligence number of shares orate Officers Ordinarily paid payment prorides provisions recover damages remedy rule scriber secret profits sonally liable special terms statutory liability stockholders subscriber for stock take shares thereof third persons torts transaction ultra vires unless unpaid subscription valid violation weight of authority