 | Seymour Eaton - 1896 - 328 páginas
...Important Provision. "No bank shall loan or discount on the security of shares in its own capital stock unless such security or purchase shall be necessary...upon a debt previously contracted in good faith." The Name "Bank." In some of the states the title Bank can be lawfully used by any one; in other states,... | |
 | Oklahoma - 1897 - 344 páginas
...up capital. make s ioans° SECTION 25. No bank shall make any loan or disit"stoc r k s ° f coun t on the security of the shares of its own capital stock,...shall, within six months from the time of its purchase or acquirement, be sold or disposed of at public or private sale, and in default thereof a receiver... | |
 | Andrew Hamilton - 1898 - 458 páginas
...which he shall have made. 4. No officer, director, clerk or agent of any bank or savings bank shall 17 borrow from the corporation with which he is officially...or purchase shall be necessary to prevent loss upon debt previously contracted in good faith; and stock purchased or acquired shall, within six months... | |
 | 1898 - 1258 páginas
...36 of the earlier act. It also contained a provision that no association organized thereunder should make any loan or discount on the security of the shares...to prevent loss upon a debt previously contracted iu good faith. 13 Rtat 110, § 35. We have here, then, an express inhibition against doing the very... | |
 | United States. Supreme Court - 1899 - 868 páginas
...referred to as indicating the policy of this legislation. It is in the following terms : " No association shall make any loan or discount on the security of...be sold or disposed of at public or private sale; or, in default thereof, a receiver may be appointed to close up the business of the association." This... | |
 | James Brooks Dill, New Jersey. Department of Banking and Insurance - 1899 - 98 páginas
...high misdemeanor, and punished accordingly. 15. Bank may not loan on or purchase its shares. No bank shall make any loan or discount on the security of...upon a debt previously contracted in good faith; and the stock so purchased or acquired shall within one year from the time of its purchase be sold or disposed... | |
 | New Jersey - 1899 - 658 páginas
...high misdemeanor, and punished accordingly. BANK MAY NOT LOAN ON OR PURCHASE ITS SHARES. 15. No bank shall make any loan or discount on the security of...upon a debt previously contracted in good faith ; and the stock so purchased or acquired shall within one year from the time of its purchase be sold or disposed... | |
 | New Jersey - 1899 - 660 páginas
...thesecurity Loan on, or purof the shares of its own capital stock, nor be the purchaser JtoVk prohibi or holder of any such shares unless such security...upon a debt previously contracted in good faith ; and the stock so purchased or acquired shall within one year from the time of its purchase be sold or disposed... | |
 | Oklahoma - 1899 - 278 páginas
...shall not invest any of its funds in the stock of any other bank or incorporation, nor make any loans or discount on the security of the shares of its own...purchaser or holder of any such shares, unless such securities or purchase shall be necessary to prevent loss upon a debt previously contracted in good... | |
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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... 
