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Limited company

Defined in 4 dictionaries — Ballentine's (1916), Bouvier (1914), Black's (1910), Stimson (1881)

Ballentine's Law Dictionary

James A. Ballentine · 1916

A company in which the liability of the members for its debts is limited.

Bouvier's Law Dictionary and Concise Encyclopedia

John Bouvier; revised by Francis Rawle · 1914

A company in which the liability of each shareholder is limited by the number of shares he has taken, so that he cannot be called on to contribute beyond the amount of his shares. See 1 Lindl. Part. 383; MozL & W. Diet; Joint Stock Company.

Black's Law Dictionary

Henry Campbell Black, M.A. · 1910

A company in which the liability of each shareholder is limited by the number of shares he has taken, so that he cannot be called on to contribute beyond the amount of his shares. In England, the memorandum of association of such company may provide that the liability of the directors, manager, or managing director thereof shall be unlimited. 30 & 31 Viet a 131; 1 Lindl. Partn. 383; Mozley & Whitley.

Defined under Company in Black's Law Dictionary.

Glossary of Technical Terms, Phrases, and Maxims of the Common Law

Frederic Jesup Stimson · 1881

A joint-stock company with limited liability, where each person cannot be called on to contribute beyond the amount of his shares, except as under § 4 of the 30 & 31 Vict. c. 131, providing that the liability of the directors or managers may be unlimited. Limited Divorce, Partnership: see those titles.