 | 1902 - 1094 páginas
...association shall make any loan or discount on the security of its own shares of capital stock, nor be purchaser or holder of any such shares, unless such...upon a debt previously contracted in good faith." (Buffalo German Ins. Co. r. Third Nat. Bank of Buffalo, 2 Banking Cases, 325.) 4. Undersuch section... | |
 | William MacDonald - 1903 - 464 páginas
...report to comptroller monthly and quarterly.] SEC. 35. And be it further enacted, That no association shall make any loan or discount on the security of...be sold or disposed of at public or private sale, in default of which a receiver may be appointed to close up the business of the association, according... | |
 | Alonzo Barton Hepburn - 1903 - 692 páginas
...the amount due them available for the redemption of their circulation.1 SEC. 35- That no association shall make any loan or discount on the security of...; and stock so purchased or acquired shall, within 6 months from the time of its purchase, be sold or disposed of at public or private sale, in default... | |
 | Washington (State) - 1903 - 1336 páginas
...Sec. 8, P. 373.) 182. NOT TO LOAN ON ITS OWN STOCK AS SECURITY. No trust company shall make any loan on the security of the shares of its own capital stock,...; and stock so purchased or acquired shall within one year from the time of its purchase be sold or disposed of at public or private sale: Provided,... | |
 | West Virginia - 1917 - 1626 páginas
...examination, and report. (Code 1916, c. 54.) § 8. Loans by bank on or purchase of its own stock. — No bank shall make any loan or discount on the security of...upon a debt previously contracted in good faith ; and all stock purchased or acquired in such manner shall, within six months from the time of purchase,... | |
 | West Virginia - 1917 - 174 páginas
...examination, and report. (Code 1916, c. 54.) § 8. Loans by bank on or purchase of its own stock. — No bank shall make any loan or discount on the security of...upon a debt previously contracted in good faith; and all stock purchased or acquired in such manner shall, within six months from the time of purchase,... | |
 | Washington (State) - 1917 - 952 páginas
...Own capital corporation shall make any loan or discount on the security of its own capital stock, or be the purchaser or holder of any such shares, unless...good faith, and stock so purchased or acquired shall be sold at public or private sale or otherwise disposed of, within ninety days from the time of its... | |
 | John Harold Sears - 1917 - 616 páginas
...security of the shares of its own capital stock, or be the purchaser or holder of .any such shares, unless security or purchase shall be necessary to prevent...good faith, and stock so purchased or acquired shall be sold at public or private sale, or otherwise disposed of, within six months from the time of its... | |
 | Oregon. Supreme Court, William Wallace Thayer, Joseph Gardner Wilson, Thomas Benton Odeneal, Julius Augustus Stratton, William Henry Holmes, Reuben S. Strahan, George Henry Burnett, Robert Graves Morrow, James W. Crawford, Frank A. Turner, Bellinger, Charles Byron - 1918 - 848 páginas
...section of our Banking Act above quoted. The provision in the Federal Act is as follows: "No association shall make any loan or discount on the security of...security or purchase shall be necessary to prevent Joss upon a debt previously contracted in good faith; and stock so purchased or acquired shall, within... | |
 | 1918 - 1330 páginas
...is as follows: "Xo association shall make any loan or discount on the security of the shares of it» own capital stock, nor be the purchaser or holder...purchase shall be necessary to prevent loss upon a debt prcviouly contracted in good faith; and stock so purchased or ucquired shall, within six months from... | |
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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... 
