Sect.  77.  The  officer  making  such  seizure  on  execution  shall  if  re-
quired by  the  creditor  file  a  notice  thereof  in  the  registry  of  deeds,  and
give  a  like  notice  to  the  cashier  or  president  or  leave  the  same  at  the
banking  house ;  and  no  sale  or  transfer  of  such  note,  obligation,  or  mort-
gage, made  by  the  bank  after  such  notice,  shall  have  any  validity  or


Chap.  57.]     banks  —  liability  op  stockholders,  loans  to  state.  309

GiFect  against  the  purchaser  under  such  sale,  but  the  same  shall  be  void
except  only  as  between  the  bank  and  the  person  to  whom  a  bank
makes   such   sale   or   transfer,  his   heirs,  executors,   administrators,  or

assigns.
LiahiUty  of  StocJcholders.    \^'  r.  A     ihr   c\\

Sect.  78.     If  a  loss  or  deficiency  of  the  capital  stock  in  a  banK  arises  incaseofdefl-
from  the  official  mismanagement  of  the  directors,  the   stockholders   at  ^tockfi'otders
the  time  of  such  mismanagement  shall,  in  their  individual  capacities,  liable.
be  liable  to  pay  the  same;  but  no  stockholder  shall  be  liable  to  pay  a  Spiekl'm^'
sum  exceeding  the  amount  of  the  stock  actually  held  by  him  at  that  ^  ^^t.  182.
time.
Sect.  79.     Stockholders  in  a  bank  at  the  time  when  it  stops  payment  Liability  of
shall  be  liable  in  their  individual  capacities,  for  the  payment  and  redemp-  for'^i-cdcm^fo
tion  of  all  bills  issued  by  such  bank  and  remaining  unpaid,  in  j^roportion  of  bills,
to  tlie  stock  they  respectively  held  at  the  time  "aforesaid;    and  stock-  i*'^'-''-^~'§§i'2-
holders,  who,  having  reason  to  believe  that  a  bank  is  about  to  stop  pay-
ment, transfer  their  shares,  or  any  part  thereof,  with  intent  to  avoid  this
liability,  shall  be  subject  to  the  same,  on  the  shares  so  transferred.
