 | Michigan. Banking Division - 1894 - 344 páginas
...holder or Bank not to nom purchaser of any portion of iis capital stock uuless such JJ?"s1 stocls• purchase shall be necessary to prevent loss upon a debt previously contracted in good faith. Stock eo purchased shall in no case be held by the bank for a longer time than six monthe, if the stock... | |
 | 1894 - 1206 páginas
...the purchaser or holder of any of its shares of capital stock, unless such security or purchase shnll be necessary to prevent loss upon a debt previously contracted in good faith. Gen. Laws 1881, c. 77, i 3. The bank itself could not have purchased the stock shares, nor could It... | |
 | District of Columbia. Court of Appeals - 1902 - 670 páginas
...making any loan or discount on the security of the shares of its own capital stock, and from becoming the purchaser or holder of any such shares, unless such security or purNATIONAL BANKS — Continued. chase shall be necessary to prevent loss upon a debt previously contracted... | |
 | Nebraska, Guy Ashton Brown, Hiland Hill Wheeler - 1895 - 1512 páginas
...No corporation conducting a banking business, 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 (6) months from the time of its purchase be sold or disposed of at public or private sale; or in default... | |
 | Nebraska. State Banking Board - 1898 - 84 páginas
...corporation conducting a banking business shall make any loan or discount on the security of the shares.of its own capital stock, nor be the purchaser or holder...security or purchase shall be necessary to prevent the loss upon a debt previously contracted in good faith; and stock so purchased or acquired shall... | |
 | Massachusetts - 1895 - 1136 páginas
...agreed upon. SECT. 1(3. Xo such corporation 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 aliares, uiile.sa such security or purchase shall be necessary to prevent loss upon a debt previously... | |
 | Michigan. Banking Division - 1895 - 352 páginas
...holder or Bank not to how purchaser of any portion of its capital, stock unless such ^cpltal 8teck' purchase shall be necessary to prevent loss upon a debt previously contracted in good faith. Stock eo purchased shall in no case be held by the bank for a longer time than six months, if the stock... | |
 | William John Tossell - 1906 - 870 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 Marriott v. Railway. adequate to insure the payment of such... | |
 | New York (State) - 1896 - 1262 páginas
...shall have borrowed. 5. 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. Every person or corporation violating the provisions of this subdivision shall forfeit to the people... | |
 | New York (State). Supreme Court. Appellate Division - 1898 - 740 páginas
...provision that no association organized thereunder should make any loan or discount on the security of the shares of its own capital stock, nor be the purchaser...such shares unless such security or purchase shall he necessary to prevent loss upon a debt previously contracted in good faith. (13 U. S. Stat. at Large,... | |
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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... 
