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" If no bidder can be found who will pay for such stock the amount due thereon to the association, and the cost of advertisement and sale, the amount previously paid shall be forfeited to the association, and such stock shall be sold as the directors may... "
A General Digest of the Law of Corporations: Presenting the American ... - 60. lappuse
autors: Benjamin Vaughan Abbott, Austin Abbott - 1869 - 1004 lapas
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Session Laws

South Dakota - 1891 - 392 lapas
...be found who will pay for such stock the amount due thereon to the association and the cost of the advertisement and sale, the amount previously paid...shall be sold as the directors may order, within six (6) months from the time of such forfeiture. §10. CAPITAL STOCK — LIABILITY OF SHAREHOLDERS.] The...
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Annual Report of the Commissioner of the Banking Department of the State of ...

Michigan. Banking Division - 1892 - 312 lapas
...the bank, with any cost incnrred, the amonnt previonsly paid shall be forfeited to the bank, and snch stock shall be sold as the directors may order, within six months from the time of snch forfeitnre, and if not sold it shall be cancelled and dedncted from the capital of the bank. If...
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Hand-book for Bank Officers

George Mathewes Coffin - 1893 - 186 lapas
...paid to the delinquent shareholder. If no bidder can be found who will pay for such stock the amount due thereon to the association, and the cost of advertisement...time of such forfeiture, and if not sold it shall be canceled and deducted from the capital stock of the association. If any such cancellation and reduction...
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Annual Report of the Commissioner of the Banking Department of the State of ...

Michigan. Banking Division - 1894 - 344 lapas
...cost incurred, the amount previously paid shall be forfeited to the bank, and such stock shall be eold as the directors may order, within six months from the time of such forfeiture, and if not eold it shall be canceled and deducted from the capital of the bank. If eold before cancellation, any...
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Annual Report of the Commissioner of the Banking Department of the State of ...

Michigan. Banking Division - 1895 - 352 lapas
...cost incurred, the amount previously paid shall be forfeited to the bank, and such stock shall be eold as the directors may order, within six months from the time of such forfeiture, and if not eold it shall be canceled and deducted from the capital of the bank. If eold before cancellation^ any...
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Annual Report of the Commissioner of the Banking Department of the State of ...

Michigan. Banking Division - 1896 - 354 lapas
...cost incnrred, the amonnt previonsly paid shall be forfeited to the bank, and snch stock shall be eold as the directors may order, within six months from the time of snch forfeitnrs, and if not eold it shall be canceled and dedncted from the capital of the bank. If...
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The Revised Statutes of the State of Utah in Force Jan. 1, 1898

Utah - 1897 - 1262 lapas
...delinquent shareholder. If such stock will not bring the amount due thereon, with costs of advertising and sale, the amount previously paid shall be forfeited...the association, and such stock shall be sold as the board of directors may order within six months from the date of forfeiture, and if not sold, shall...
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The Laws of Wisconsin

Wisconsin - 1897 - 1392 lapas
...forfeited to the bank, and such stor-k shall be sold as the «U rectors may order, within sixty days from the time of such forfeiture, and if not sold, it shall be canceled and deducted from the capital stock of the bank. Tf sold, any surplus over the amount due...
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Laws of the State of Wisconsin

Wisconsin - 1897 - 1354 lapas
...thereon t<> the bank, with any cost incurred, the amount previously paid shall be forfeited to the bank, and such stock shall be sold as the directors may order, within sixty days from the time of such forfeiture, and if not sold, it shall be canceled and deducted from...
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Hearings and Arguments Before the Committee on Banking and Currency of the ...

United States. Congress. House. Committee on Banking and Currency - 1897 - 626 lapas
...sale. If no bidder can be found who will pay for such stock tho amount due thereon to the corporation and the cost of advertisement and sale, the amount previously paid shall he forfeited to the corporation, and such stock shall be sold as the directors may order within six...
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