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. IndexedAndrew Hamilton Banks and Brothers, 1898 - 444 páginas |
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Página 5
... amount , that the mortgage is valid only in the county where most , if not all of the property is situated , that it is given to trustees and not to the creditors directly , or that the bonds are sold below par if not below actual value ...
... amount , that the mortgage is valid only in the county where most , if not all of the property is situated , that it is given to trustees and not to the creditors directly , or that the bonds are sold below par if not below actual value ...
Página 44
... par value . Gamble v . Queens Co. W. Co. , 123 N. Y. , 93. The amount of the nominal or par value of the stock must be put against the value of the property purchased . Id . This section contemplates clearly that only the amount of the ...
... par value . Gamble v . Queens Co. W. Co. , 123 N. Y. , 93. The amount of the nominal or par value of the stock must be put against the value of the property purchased . Id . This section contemplates clearly that only the amount of the ...
Página 47
... amount unpaid upon the shares of stock sold and transferred by him , unless the corporation itself could have ... par value , are not en- forceable . Zel . M. Co. v . Meyer , 28 N. Y. St. Rep . , 759 . Subscriber's knowledge does ...
... amount unpaid upon the shares of stock sold and transferred by him , unless the corporation itself could have ... par value , are not en- forceable . Zel . M. Co. v . Meyer , 28 N. Y. St. Rep . , 759 . Subscriber's knowledge does ...
Página 48
... value . People ex rel . Eden M. A. Co. v . Carr , 36 Hun , 488. If the stock is valueless , then clearly its market value is less than par . Id . Where it is a stock which is seldom bought or sold , the comptroller can ascertain to his ...
... value . People ex rel . Eden M. A. Co. v . Carr , 36 Hun , 488. If the stock is valueless , then clearly its market value is less than par . Id . Where it is a stock which is seldom bought or sold , the comptroller can ascertain to his ...
Página 49
... amount of capital actually paid in , the whole amount of debts and liabilities of the corporation , and the ... value of its stock is less than par . Id . The reduction which the act has in view is the reduction of the nominal ...
... amount of capital actually paid in , the whole amount of debts and liabilities of the corporation , and the ... value of its stock is less than par . Id . The reduction which the act has in view is the reduction of the nominal ...
Términos y frases comunes
action aff'd agent Am'd by chap amended amount appointed assent assessment association authorized bank or banker bank or individual Barb bonds by-laws capital stock centum certificate of incorporation chapter circulating notes clerk comptroller contract county clerk county treasurer court creditors deemed default deposit dividends duly election evidence of debt executed filed foreign corporation Former section franchises held holder hundred individual banker insolvent interest issued judgment lands liability loan manner meeting mortgage N. Y. St non-stock corporation nonresident notice number of shares organization certificate paid par value payment personally liable place of business poration prescribed proceedings provisions purchase purpose real property receiver redemption repealed residence savings bank securities statute stockholders subscribed subscription superintendent of banks tax district therein thereof thereto thousand dollars tion Took effect transaction transfer trust company trustees unpaid vote
Pasajes populares
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.