 | Claudius Buchanan Patten - 1908 - 648 strani
...Act is as follows: "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." When shares are taken under the contingency last named the Bank Act demands that they be sold within... | |
 | Michigan. Banking Division - 1891 - 178 strani
...sank not to noia any portion of its capital stock unless such purchase shall be capltal 8tock' etc. necessary to prevent loss upon a debt previously contracted in good faith. Stock so purchased shall in no case be held by the bank for a longer time than six months, if the stock... | |
 | New York (State). Court of Appeals - 1891 - 660 strani
...shares of its own capital stock, and from pufchasing or holding any of such shares, unless it becomes necessary to prevent loss upon a debt previously contracted in good faith. The capital of the bank was $100,000, divided into one thousand shares of 8100 each. Lee entered the... | |
 | 1892 - 936 strani
...make any loan or discount on the security of the shares of its own capital stock, nor be the purchaser of any such shares unless such security or purchase...upon a debt previously contracted in good faith." US Rev. Stat. Ц 5201. Assuming this to be true, the defendants cannot lake advantage of it, because... | |
 | New York (State). Courts, Francis Blaine Delehanty (Reporter), Austin B. Griffin (Reporter), Robert George Scherer (Reporter), Edward Jordan Dimock (Reporter), Joseph Albert Lawson (Reporter), Charles Cook Lester (Reporter), William Van Rensselaer Erving (Reporter), Louis J. Rezzemini (Reporter) - 1903 - 752 strani
...'subdivision V, which reads: "No such corporation shall make any loan, or discount on the security of the shares of its own capital stock, nor be the purchaser...be sold or disposed of at public or private sale. Every person or corporation violating the provisions of this subdivision shall forfeit to the people... | |
 | George Mathewes Coffin - 1893 - 186 strani
...HOLDING ITS OWN STOCK. SEC. 5201. No association shall make any loan or discount on the security of the shares of its own capital stock, nor be the purchaser...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, according... | |
 | Oklahoma. Supreme Court, Edward Bell Green, Frank Dale, John Henry Burford, Robert Lee Williams, Matthew John Kane, Howard J. Parker, Charles Winfield Van Eaton - 1916 - 884 strani
...in the stock of any other bank or corporation, nor make any loans 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 securities or purchase shall be necessary to prevent loss upon a debt previously contracted in good... | |
 | World's congress of bankers and financiers, Chicago, 1893 - 1893 - 624 strani
...Finance may require. SEC. 23. That no association shall make loans or discounts on the security of the shares of its own capital stock, nor be the purchaser or holder of anysuch shares, unless such security or purcha*? shall be necessary to prevent loss upon a debt previously... | |
 | Massachusetts. Division of Banks and Loan Agencies - 1894 - 308 strani
...corporation shall be the purchaser or holder of any of the shares of its own capital stock, unless such purchase shall be necessary to prevent loss upon a...debt previously contracted in good faith ; and stock xxiv APPENDIX. so purcbased shall, within six months from the time of its purchase, be sold or disposed... | |
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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... 
