 | United States. Circuit Court (1st Circuit), William Henry Clifford - 1878 - 732 páginas
...the act to make any loan or discount on the security of the shares of its own capital stock, or to be the purchaser or holder of any such shares, unless...loss, upon a debt previously contracted in good faith. 13 Stat. at Large, 110. Just such a provision is contained in ,the banking law of the State of Connecticut,... | |
 | Nebraska. Supreme Court, David Allen Campbell, Guy Ashton Brown, Lorenzo Crounse, Walter Alber Leese, Lee Herdmen, Henry Clay Lindsay, Henry Paxon Stoddart - 1878 - 632 páginas
...of June 3, 1864, provides that no association shall make any loan or discount on the security of the shares of its own capital stock, nor be the purchaser...security or purchase shall be necessary to prevent a loss upon a debt previously contracted in good faith; and stock so purchased or acquired shall, within... | |
 | Isaac Grant Thompson - 1878 - 1018 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... | |
 | United States. Congress. House - 1879 - 690 páginas
...the security ot the shares of their own capital stock, or fmiii purchasing or holding the same unless to prevent loss upon a debt previously contracted in good faith. And, even in the latter case, they ¡uv not permitted permanently to hold or to cancel shares so obtained,... | |
 | Irving Browne - 1880 - 638 páginas
...of June 3, 1864, provides that no association shall make any loan or discount on the security of the shares of its own capital stock, nor be the purchaser...security or purchase shall be necessary to prevent a loss upon a debt previously contracted in good faith ; and stock so purchased or acquired shall,... | |
 | 1881 - 556 páginas
...of any of its stock, or of the stock of any other incorporated company, unless such purchase should be necessary to prevent loss upon a debt previously contracted in good faith, oil security, which at the time was deemed adequate to insure the payment of such debt independent... | |
 | Joseph Henry Walker - 1881 - 124 páginas
...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,... | |
 | William Colebrooke - 1883 - 734 páginas
...1878, §5201 , provides that " no association shall make any loan or discount on tLe 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 bvsiness of the association." The... | |
 | United States. Supreme Court - 1883 - 890 páginas
...Revised Statutes declares that " no association shall make any loan or discount on the security of the shares of its own capital stock, nor be the purchaser...prevent loss upon a debt previously contracted in i;ood faith ; and stock so purchased or acquired shall, within six months from the time of its purchase,... | |
 | United States. Supreme Court - 1896 - 1242 páginas
...banking association is prohibited by law from purchasing shares of its own capital stock, unless such purchase shall be necessary to prevent loss upon a debt previously contracted in good faith. (6) The purchase by officers of a national banking association of shares of its own capital stock,... | |
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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... 
