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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... "
Laws of the United States Relating to Loans and the Currency, Since 1860 - Página 170
por United States - 1878 - 271 páginas
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Public Documents of Massachusetts, Volumen6

Massachusetts - 1899
...be agreed upon. SECT. 16. No such corporation shall make any loan or discount on the security of the shares of its own capital stock, nor be the purchaser...be sold or disposed of at public or private sale. SECT. 17. The total liabilities to such corporation of any person, firm or corporation, other than...
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The Bankers' Magazine, and Journal of the Money Market, Volumen39

1879
...the security of the shares of their own capital stock, or from purchasing or holding the same unless to prevent loss upon a debt previously contracted in good faith. And, even in the latter case, they are not permitted permanently to hold or to cancel shares so obtained,...
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Acts of the State of Ohio, Volumen49

Ohio - 1851
...portion of its capital stock, or of the capital stock of any other incorporated company, unless such purchase shall be necessary to prevent loss upon a debt previously contracted in good faith, on security which, at the time, was deemed adequate to insure the payment of such debt, independent...
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The Compiled Laws of the State of Michigan: Published by Authority, Parte2

Michigan, Thomas McIntyre Cooley - 1857
...¡tsonrn stock of any other incorporated company, unless such purchase or other Capital ,,,, ч ii • ^T shall be necessary to prevent loss upon a debt previously contracted in good faith, on security which at the time was deemed adequate to insure the payment of such debt, independent of...
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Public and Local Acts of the Legislature of the State of Michigan, Volumen2

Michigan - 1857
...,/.,'. , , nor hold its own stock of any other incorporated company, unless such purchase •tock. shall be necessary to. prevent loss upon a debt previously contracted in good faith, on security which at the time was deemed adequate to insure the payment of such debt, independent of...
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Public Documents of Massachusetts, Tema 7,Parte1 -Tema 8,Parte1

Massachusetts - 1893
...agreed upon. SECT. 1(>. No such corporation shall make any loan or discount on the security of the shares of its own capital stock, nor be the purchaser...from the time of its purchase, be sold or disposed of ut public or private sale. SECT. 17. The total liabilities to such corporation of any person, firm...
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Public Documents of Massachusetts, Volumen6,Parte1

Massachusetts - 1894
...be agreed upon. SECT. 16. No such corporation shall make any loan or discount on the security of the shares of its own capital stock, nor be the purchaser...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 sale. SECT. 17. The...
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Public Documents of Massachusetts, Volumen6,Parte2

Massachusetts - 1894
...corporation shall be the purchaser or holder of any of the shares of its own capital stock, unless such purchase shall be necessary to prevent loss upon a...debt previously contracted in good faith ; and stock xxiv APPENDIX. so purchased shall, within six months from the time of its purchase, be sold or disposed...
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Laws enacted in the general assembly of the commonwealth

1860
...its capital, or of the capi•apiui stock of ta' stoc'c °f any other incorporated bank, unless such purchase shall be necessary to prevent loss upon a debt previously contracted in good faith, on security, which at the time was deemed adequate to insure the payment of such debt, independent...
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The Merchants' Magazine and Commercial Review, Volumen48

William B. Dana - 1863
...portion of its capital stock, or of the capital stock of any other incorporated company, unless such purchase shall be necessary to prevent loss upon a debt previously contracted in good faith, on security which, at the time, was deemed adequate to insure the payment of such debt, independent...
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