A Massachusetts Savings Bank: Being an Account of the Provident Institution for Savings : Together with a Discussion of Some Problems of Savings-bank Management and Legislation

Committee on Charities and Correction to Massachusetts Board of Managers, World's Fair, 1893 - 44 páginas

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Página 22 - ... conviction, shall be punished by fine not exceeding one thousand dollars, or imprisonment not exceeding one year, or both, in the discretion of the court.
Página 29 - In the first mortgage bonds of any railroad company incorporated under the authority of any of the New England states and whose road is located wholly or in part in the same...
Página 32 - The total liabilities to any association, of any person, or of any company, corporation, or firm for money borrowed, including in the liabilities of a company or firm the liabilities of the several members thereof, shall at no time exceed onetenth part of the amount of the capital stock of such association actually paid in.
Página 25 - ... if he has filed with the treasurer a written notice of his intention so to do three months at least before such meeting.
Página 22 - Judge may, in such application, issue such injunction, and after a full hearing, may dissolve or modify it, or make it perpetual, and may make such orders and decrees according to the course of proceedings in equity, to restrain or prohibit the further prosecution of the business of the corporation, as may be needful in the premises.
Página 23 - ... the following sections, so far as the same are consistent with the provisions of their respective charters ; and any such corporation may, by vote at its annual meeting or at a meeting called for the purpose, accept any provision of said sections which is inconsistent with its charter.
Página 21 - ... subject to removal in like manner, each of whom shall be sworn and shall hold office for the term of three years, unless sooner removed. Upon the occurrence of a vacancy before the expiration of a term an appointment shall be made for the remainder of the term. The governor shall designate a member of said board to be the chairman thereof.
Página 21 - At such visits they shall have free access to the vaults, books, and papers, and shall thoroughly inspect and examine all the affairs of...
Página 34 - No co-operative bank, nor any person acting in its behalf, shall take or receive a fee, brokerage, commission, gift or other consideration for or on account of a loan made by or on behalf of such corporation, other than appears on the face of the note or contract by which such loan purports to be made; but nothing...
Página 34 - ... or officer becomes the owner of real estate upon which a mortgage is held by the corporation, his office shall become vacant at the expiration of sixty days thereafter, unless he has ceased to be the owner thereof, or has caused said mortgage to be discharged. Only one of the persons holding the offices of president, clerk and treasurer shall at the same time be a member of the investing committee.

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