Statutory Revision of the Laws of New York Affecting Banks, Banking and Trust Companies Enacted in 1892: And Amended in 1893, 1894, 1895, 1896, 1897 and 1898 ... and Tax Law as Amended. 1898. Indexed |
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84 - Security for loans . 197 , p . 89 - Incorporation - new . 198 , p . 90 - Deposit required - authorization of certificate - new . 199 , p . 90 - General powers - ――――― 200 , p . 90 - License . new . 201 , p .
84 - Security for loans . 197 , p . 89 - Incorporation - new . 198 , p . 90 - Deposit required - authorization of certificate - new . 199 , p . 90 - General powers - ――――― 200 , p . 90 - License . new . 201 , p .
Página 15
Certificates of deposit irredeemable within twenty years and bearing interest , issued as loans by the New York Life Insurance and Trust Company , were held to be violations of the former statute upon this subject .
Certificates of deposit irredeemable within twenty years and bearing interest , issued as loans by the New York Life Insurance and Trust Company , were held to be violations of the former statute upon this subject .
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A loan of money to pay the debts of a corporation , where the money is so applied , is a debt contracted in the business for which the corporation was organized within the meaning of the statute , and may be secured by mortgage .
A loan of money to pay the debts of a corporation , where the money is so applied , is a debt contracted in the business for which the corporation was organized within the meaning of the statute , and may be secured by mortgage .
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22. When acts of directors void . 23. Liability of directors for making unauthorized dividends . 24. Liability of directors for contracting unauthorized debts and overissue of bonds . 25. Liability of directors for loans to ...
22. When acts of directors void . 23. Liability of directors for making unauthorized dividends . 24. Liability of directors for contracting unauthorized debts and overissue of bonds . 25. Liability of directors for loans to ...
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... execution of note , and excess of indebtedness over capital at time , states cause of action . Lovelace v . Doran , 39 N. Y. St. Rep . , 679 . 17 § 25. Liability of directors for loans to stockholders . STOCK CORPORATION LAW .
... execution of note , and excess of indebtedness over capital at time , states cause of action . Lovelace v . Doran , 39 N. Y. St. Rep . , 679 . 17 § 25. Liability of directors for loans to stockholders . STOCK CORPORATION LAW .
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Términos y frases comunes
action actual agent amended amount annual application appointed assessment association authorized become bonds by-laws capital stock cause certificate chap chapter charge circulating clerk collection comptroller contract corporation county treasurer court creditor debt deemed deposit directors district dividends dollars duties effect election entitled evidence examination executed exemption existence fact filed foreign franchises given held hold holder hundred incorporation individual banker interest issued judgment lands least liability limited loan manner meeting mortgage N. Y. St necessary notes notice organized paid payment person prescribed proceedings provisions purchase real property receiver recorded redemption repealed residence respect savings bank securities shares statement statute stock corporation stockholders superintendent term therein thereof tion transfer trustees unless vote
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Página 22 - The act of a majority of the Directors present at a meeting at which a quorum is present shall be the act of the Board of Directors unless the act of a greater number is required by law or by these By-Laws.
Página 26 - Such as shall be conveyed to it in satisfaction of debts previously contracted in the course of its dealings.
Página 26 - Seventh. To exercise by its board of directors, or duly authorized officers or agents, all powers specifically granted by the provisions of this Act and such incidental powers as shall be necessary to carry on the business of banking within the limitations prescribed by this Act.
Página 11 - For a violation of the provisions of this section, the directors, under whose administration the same may have happened (except those who may have caused their dissent therefrom to be entered at large on the minutes of the...
Página 39 - The stock of such company shall be deemed personal estate, and shall be transferable in such manner as shall be prescribed by the by-laws of the company ; but no shares shall be transferable until all previous calls thereon shall have been fully paid in, or shall have been declared forfeited for the non-payment of calls thereon.