 | United States. Circuit Court (7th Circuit), Josiah Hooker Bissell - 1873 - 610 páginas
...35th section declares that no association shall make any loans, or discount on the security of the shares of its own capital stock, nor be the purchaser or holder of any such shares, unless to prevent loss on a debt previously contracted in good faith. The counsel for the plaintiff, in the... | |
 | Ohio. Supreme Court - 1912 - 644 páginas
...no banking company shall be the holder or purchaser of any portion of its capital stock unless such purchase shall be necessary to prevent loss upon a debt previously contracted in good faith, etc., it does not say that if the bank did take this stock, it could not hold it as against the pledgor.... | |
 | Ohio. Supreme Court - 1881 - 802 páginas
...capital stock or of the capital stock of any other incorporated company, unless such purchase should 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... | |
 | Isaac Grant Thompson - 1875 - 840 páginas
...35th section declares: "That no association shall make any loan or discounts on the security of the shares of its own capital stock, nor be the purchaser...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... | |
 | William Lyman Fawcett - 1876 - 300 páginas
...money borrowed. (SEC. 5201.) No association 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; or, in default thereof, a receiver may be appointed to close up the business of the association, according... | |
 | John Russell Hussey - 1876 - 562 páginas
...association existing under and by virtue of this act. BISTORT OF THE NATIONAL BANKS. the security of the shares of its own capital stock, nor be the purchaser...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, in default... | |
 | William Lyman Fawcett - 1877 - 288 páginas
...money borrowed. (SEC. 5201.) No association 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; or, in default thereof, a receiver may be appointed to close up the business of the association, according... | |
 | William Lyman Fawcett - 1877 - 302 páginas
...money borrowed. (SEC. 5201.) No association 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; or, in default thereof, a receiver may be appointed to close up the business of the association, according... | |
 | Colorado - 1877 - 1182 páginas
...pur- stock of any other incorporated company, unless such purchase its own • J if i stock. chase 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... | |
 | 1878 - 560 páginas
...shares. * * * 9 5201. No association shall make any loan or discount on the security of the shares of ita own capital stock, nor be the purchaser or holder...be sold or disposed of at public or private sale, or iu default thereof a receiver may be appointed to close up the business of the association, according... | |
| |
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... 
