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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... "
The Revised Statutes, Codes and General Laws of the State of New York ... - Página 186
por New York (State) - 1896
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Wendell's History of Banking & Banks & Bankers of Michigan: A Concise ...

Emory Wendell - 1902 - 518 páginas
[ Lo sentimos, el contenido de esta página está restringido. ]
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New Jersey as a Colony and as a State: One of the Original Thirteen, Volumen4

Francis Bazley Lee - 1902 - 468 páginas
...bank shall make any loan or discount on the security or on the shares of its own capital stock, or be the purchaser or holder of any such shares, unless...loss upon a debt previously contracted in good faith. The stock so purchased or acquired, within one year from the time of its purchase, shall be sold or...
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Public Documents of Massachusetts, Volumen6

Massachusetts - 1902 - 1224 páginas
...capital i^utock.'SE! stock, nor be the purchaser or holder of such shares, unless 18sil 4Ш> 5 16such security or purchase shall be necessary to prevent...so purchased or acquired shall, within six months after its purchase, be sold or disposed of at public or private sale. SECTION 34. The total liabilities...
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Annual Report of the Commissioner of Banks, Parte1

Massachusetts. Division of Banks and Loan Agencies - 1902 - 826 páginas
...capital ita*7tock,<Sc! stock, nor be the purchaser or holder of such shares, unless 1888> 413> 5 16such security or purchase shall be necessary to prevent...so purchased or acquired shall, within six months after its purchase, be sold or disposed of at public or private sale. SECTION 34. The total liabilities...
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Congressional Serial Set

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...
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Select Statutes and Other Documents Illustrative of the History of the ...

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...
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Principles of Law: Appendix

1903 - 480 páginas
[ Lo sentimos, el contenido de esta página está restringido. ]
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History of Coinage and Currency in the United States and the ..., Volumen10

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...
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Road Laws of the State of Washington: Including Laws Passed at the Session ...

Washington (State) - 1903 - 1326 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,...
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Public Documents, Parte4

West Virginia - 1917 - 1608 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,...
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