Annual Report ... on the Conditions of the Wisconsin Building and Loan Associations of Wisconsin ..., Volumen2

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Página 130 - State or country so long as such laws continue in force, the same obligations and prohibitions of...
Página 121 - ... of the receipts of the association be applicable to the payment of matured shares, without the consent of the board of directors. The order of payment of the matured shares shall be determined by the by-laws. x
Página 120 - When the stock in any series shall have reached its matured value, payment of dues thereon shall cease, and all...
Página 130 - The name building and loan association, as used in this chapter, shall include all societies, organizations or associations doing a saving and loan or investment business on the building...
Página 127 - No mutual building and loan association, or company, association, or corporation, organized under the laws of any other state or territory, to carry on a business of a like character to that authorized by this title, shall be allowed to do business, or to sell their stock in this state, without first having deposited with the state controller, or secretary of state...
Página 120 - ... charges and losses accrued or contingent to the time of the notice of withdrawal, as the board of directors may determine, with no...
Página 127 - ... and upon such deposit being made the state treasurer shall issue a certificate therefor, and thereupon the bank examiner may issue his certificate of authority to said association to transact business in this state.
Página 121 - ... shall be offered for loan in open meeting, and the stockholder who shall bid the highest premium for the preference or priority of loan shall be entitled to receive a loan of...
Página 121 - For every loan made a non-negotiable note or bond, secured by mortgage upon real estate situated in the county where such association is located, unincumbered except by prior loans of such association, shall be given, accompanied by a pledge to the association of the shares borrowed upon ; provided, that any association heretofore organized may make loans upon res!

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