 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...  A Treatise on Trust Company Law - Página 300por John Harold Sears - 1917 - 588 páginasVista completa - Acerca de este libro
 | United States - 1878 - 310 páginas
...stock. 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...faith ; and stock so purchased or acquired shall, within six months from the time of its purchase, be sold or disposed of at public or private sale,... | |
 | United States. Circuit Court (1st Circuit), William Henry Clifford - 1878 - 732 páginas
...the shares of its own capital stock, or to 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 in good faith. 13 Stat. at Large, 110. Just such a provision is contained in ,the banking law of the State of Connecticut,... | |
 | Isaac Grant Thompson - 1878 - 1018 páginas
...capital stock, and prohibits, also, every bank from purchasing or holding any such shares, unless such security or purchase shall be necessary to prevent...loss upon a debt previously contracted in good faith. Surely an implication is inadmissible which contradicts either the letter or the spirit of the act.... | |
 | Nebraska. Supreme Court, David Allen Campbell, Guy Ashton Brown, Lorenzo Crounse, Walter Alber Leese, Lee Herdmen, Henry Clay Lindsay, Henry Paxon Stoddart - 1878 - 632 páginas
...purchaser or holder of any such shares, unless such security or purchase shall be necessary to prevent a loss upon a debt previously contracted in good faith; and stock so purchased or acquired shall, within six months from the time of its purchase, be sold or disposed of at public or private sale,... | |
 | United States. Congress. House - 1879 - 690 páginas
...the security ot the shares of their own capital stock, or fmiii purchasing or holding the same unless to prevent loss upon a debt previously contracted in good faith. And, even in the latter case, they ¡uv not permitted permanently to hold or to cancel shares so obtained,... | |
 | Irving Browne - 1880 - 638 páginas
...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...faith ; and stock so purchased or acquired shall, within six months from the time of its purchase, be sold or disposed of at public or private sale ;... | |
 | 1881 - 556 páginas
...of any of its stock, or of the stock of any other incorporated company, unless such purchase should be necessary to prevent loss upon a debt previously contracted in good faith, oil security, which at the time was deemed adequate to insure the payment of such debt independent... | |
 | Joseph Henry Walker - 1881 - 124 páginas
...the security of the shares of their own capital stock, or from purchasing or holding the same unless to prevent loss upon a debt previously contracted in good faith. And, even in the latter case, they are not permitted permanently to hold or to cancel shares so obtained,... | |
 | William Colebrooke - 1883 - 734 páginas
...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...good faith, and stock so purchased or acquired shall, within six months from the time of its purchase, be sold or disposed of at public or private sale,... | |
 | United States. Supreme Court - 1896 - 1242 páginas
...banking association is prohibited by law from purchasing shares of its own capital stock, unless such purchase shall be necessary to prevent loss upon a debt previously contracted in good faith. (6) The purchase by officers of a national banking association of shares of its own capital stock,... | |
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