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" No association shall make any loan or discount on the security of the shares of its own capital stock, nor be the purchaser or holder of any such shares, unless such security or purchase shall be necessary to prevent loss upon a debt previously contracted... "
Code of Federal Regulations: Containing a Codification of Documents of ... - Página 210
1977
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Public Documents of Massachusetts, Volumen6,Parte1

Massachusetts - 1894 - 760 páginas
...of real and personal property upon such terms as may be agreed upon. SECT. 16. No such corporation shall make any loan or discount on the security of...in good faith ; and stock so purchased or acquired shall, within six mouths from the time of its purchase, be sold or disposed of at public or private...
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Journal: 1st-13th Congress . Repr. 14th Congress, 1st Session ..., Volumen1

United States. Congress. House - 1863 - 1178 páginas
...them available for the redemption of their circulation. "ЙЕС. 35. And be it further enac/i'd, That no association shall make any loan or discount on...in good faith; and stock so purchased or acquired shall, within six months from the time of its purchase, be sold or disposed of at public or private...
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The Merchants' Magazine and Commercial Review, Volumen51

1864 - 496 páginas
...due them; available for the redemption of their circulation. Sec. 86. And he it further enacted, That no association shall make any loan or discount on...such shares, unless such security or purchase shall he necessary to prevent loss upon a debt previously contracted in good faith ; and stock so purchased...
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The Bank of England: And the Organisation of Credit in England

Charles Tennant - 1866 - 894 páginas
...the amount due to them available for the redemption of this circulation. Sec. 35. No Association to make any loan or discount on the security of the shares...contracted in good faith ; and stock so purchased or required to be sold or disposed of, at public or private sale, within six months from the time of its...
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The Voter's Text Book, Comprising a Collection of the Most Important ...

James M. Hiatt - 1868 - 426 páginas
...all notes or bills issued by any association existing under and by virtue of. this act. SEC. 35. That no association shall make any loan or discount on...in good faith; and stock so purchased or acquired, shall, within six months from the time of its purchase, be sold or disposed of at public or private...
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The Voter's Text Book: Comprising a Collection of the Most Important ...

James M. Hiatt - 1868 - 438 páginas
...make any loan or discount on the security of the shares of its own capital stock, nor be the purehaser or holder of any such shares, unless such security...in good faith; and stock so purchased or acquired, shall, within six months from the time of its purchase, be sold or disposed of at public or private...
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Albany Law Journal, Volumen28

1884 - 550 páginas
...brought to this court on writ of error. FIELD, J. Section 5,201 of the Revised Statutes declares that " no association shall make any loan or discount on...in good faith, and stock so purchased or acquired shall, within six months from the time of its purchase, be sold or disposed of at public or private...
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A Treatise on the Law Relating to Banks and Banking: With an Appendix ...

John Torrey Morse (Jr.) - 1870 - 600 páginas
...due them available for the redemption of their circulation. SEC. 35. And be it further enacted, That no association shall make any loan or discount on...in good faith ; and stock so purchased or acquired shall, within six mouths from the time of its purchase, be sold or disposed of at public or private...
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The National Bankruptcy Register Reports: Containing All the ..., Volumen1

1874 - 742 páginas
...section is as follows : " SEC. 35. And be it further enacted, That no association shall make any lien, or discount, on the security of the shares of its...in good faith, and stock so purchased or acquired shall within six months from the time of its purchase, be sold or disposed of at public or private...
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The American Reports: Containing All Decisions of General ..., Volumen13

Isaac Grant Thompson - 1875 - 840 páginas
...features of the act. The 35th section declares: "That no association shall make any loan or discounts on the security of the shares of its own capital stock,...security or purchase shall be necessary to prevent loss npOD any debt previously contracted in good faith, and stocks so purchased or acquired shall, within...
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