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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 Century of Independence: Embracing a Collection, from Official Sources ... - 526. lappuse
autors: John Russell Hussey - 1876 - 545 lapas
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Public Documents of Massachusetts, 6. sējums

Massachusetts - 1899 - 1192 lapas
...such terms as may be agreed upon. SECT. 16. No such corporation shall make any loan or discount on the security of the shares of its own capital stock,...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. SECT. 17. The...
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Public Documents of Massachusetts, 6. sējums,1. daļa

Massachusetts - 1894 - 760 lapas
...such terms as may be agreed upon. SECT. 16. No such corporation shall make any loan or discount on the security of the shares of its own capital stock,...be sold or disposed of at public or private sale. SECT. 17. The total liabilities to such corporation of any person, firm or corporation, other than...
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Journal: 1st-13th Congress . Repr. 14th Congress, 1st Session ..., 1. sējums

United States. Congress. House - 1863 - 1178 lapas
...circulation. "ЙЕС. 35. And be it further enac/i'd, That no association shall make any loan or discount on the security of the shares of its own capital stock,...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, in default...
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The Merchants' Magazine and Commercial Review, 51. sējums

1864 - 496 lapas
...circulation. Sec. 86. And he it further enacted, That no association shall make any loan or discount on the security of the shares of its own capital stock,...such shares, unless such security or purchase shall he necessary to prevent loss upon a debt previously contracted in good faith ; and stock so purchased...
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The Bank of England: And the Organisation of Credit in England

Charles Tennant - 1866 - 894 lapas
...available for the redemption of this circulation. Sec. 35. No Association to make any loan or discount on the security of the shares of its own capital stock,...contracted in good faith ; and stock so purchased or required to be sold or disposed of, at public or private sale, within six months from the time of its...
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Cases Argued and Adjudged in the Supreme Court of the United States, 18. sējums

United States. Supreme Court - 1874 - 726 lapas
...security of the shares of its own capital stock, and prohibit also every bank from purchasing or holding any such shares, unless such security or purchase...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....
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The Voter's Text Book, Comprising a Collection of the Most Important ...

James M. Hiatt - 1868 - 426 lapas
...and by virtue of. this act. SEC. 35. That no association shall make any loan or discount on • . • the security of the shares of its own capital stock,...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, in default...
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The Voter's Text Book: Comprising a Collection of the Most Important ...

James M. Hiatt - 1868 - 438 lapas
...make any loan or discount on the security of the shares of its own capital stock, nor be the purehaser or holder of any such shares, unless such security...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, in default...
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An Analytical Digest of the Laws of the United States, 2. sējums

Frederick Charles Brightly - 1869 - 680 lapas
...stock n°'<0 ta tracted in good faith ;(c) and stock so purchased or acquired shall, within six months ]m k kxoyo o o o `Uk ` n o o o o o o ochi j k n n n|` ome m o nMoNo oPoQo l a a a 7 o=o-o Px. to close up the business of the association, according to the provisions of this act. 37. No association...
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A Treatise on the Law Relating to Banks and Banking: With an Appendix ...

John Torrey Morse (Jr.) - 1870 - 600 lapas
...circulation. SEC. 35. And be it further enacted, That no association shall make any loan or discount on the security of the shares of its own capital stock,...sale, in default of which a receiver may be appointed to close up the business of the association, according to the provisions of this act. SEC. 36. And...
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