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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... "
Annual Report of the Commissioner of Banks - Página 793
por Massachusetts. Division of Banks and Loan Agencies - 1889
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Acts of the State of Ohio

Ohio - 1851 - 196 páginas
...purchaser of any 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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Public and Local Acts of the Legislature of the State of Michigan, Volumen2

Michigan - 1857 - 1012 páginas
...,/.,'. , , 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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The Compiled Laws of the State of Michigan: Published by Authority, Parte2

Michigan, Thomas McIntyre Cooley - 1857 - 998 páginas
...¡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 Documents of Massachusetts, Volumen6,Parte2

Massachusetts - 1894 - 304 páginas
...debentures or bonds not exceeding in amount the face value of securities so transferred to them or it. SECT. 7. The total amount of mortgages guaranteed and of...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 of Pennsylvania ...

Pennsylvania. Laws, statutes, etc - 1860 - 994 páginas
...portion of 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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Journal: 1st-13th Congress . Repr. 14th Congress, 1st Session ..., Volumen1

United States. Congress. House - 1863 - 1180 páginas
...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...previously contracted 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...
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The Merchants' Magazine and Commercial Review, Volumen48

William B. Dana - 1863 - 510 páginas
...holder of any 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 Merchants' Magazine and Commercial Review, Volumen48

1863 - 512 páginas
...holder of any 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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American Slavery and Finances, Volúmenes1-9

Robert John Walker - 1864 - 406 páginas
...portion of its capital stock, or forbidden. 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, or security which, at the time, was deemed adequate to insure the payment of such debt, independent...
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THE AMERICAN ANNUAL CYCLOPAEDIA

1864 - 878 páginas
...holder of any 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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