 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 New York Supplement - Página 6691898Vista completa - Acerca de este libro
 | 1901 - 1164 páginas
...any of its funds in the stock of any other bank or corporation, nor make any loans or discounts mi the security of the shares of Its own capital stock,...holder of any such shares unless such security or purchas.shall he necessary to prevent loss upon a debt previously contracted In good faith; and stork... | |
 | 1884 - 1126 páginas
...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...to prevent loss upon a debt previously contracted in good faith. Surely an implication is inadmissible which contradicts either the letter or the spirit... | |
 | 1918 - 1212 páginas
...he shall be deemed guilty of a misdemeanor. National Banking Act declares that no association shall make any loan or discount on the security of the shares of its own capital stock, or be the purchaser or holder of any such shares, unless such security or purohnse shall be necessary... | |
 | Virginia. Supreme Court of Appeals - 1885 - 770 páginas
...US Rev. Stat.), under which act the said bank was organ ized, provides : " That no association shall make any loan or discount on the security of the shares...stock, nor be the purchaser or holder of any such stock, unless such security or purchase shall he necessary to prevent loss on a debt previously contracted... | |
 | A.S. Pratt & Sons - 1886 - 252 páginas
...Associations not to Loan upon their own Stock.> SECTION 5201. — No association shall make any loan 0r discount on the security of the shares of its own...to prevent 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,... | |
 | Michigan - 1887
...stockholders. No bank shall be the holder or purchaser of any portion of its capital stock unless such purchase shall be 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,... | |
 | John Torrey Morse (Jr.) - 1888 - 712 páginas
...dollars. § 35. (5201.) Banks not to loan on or purchase their own Stock.1 — No association shall make any loan or discount on the security of the shares...to prevent 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,... | |
 | 1888 - 1064 páginas
...new section was added to the prior banking law designated section 48, which is: "No association shall make any loan or discount on the security of the shares...to prevent loss upon a debt previously contracted in good faith; and stock so purchased or required shall, within six (6) months from the time of its... | |
 | Massachusetts. Division of Banks and Loan Agencies - 1889 - 928 páginas
...real and personal property upon such terms as may be agreed upon. SECT. 16. No such corporation shall make any loan or discount on the security of the shares...to prevent 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,... | |
 | United States - 1889 - 90 páginas
...call for. 15 Statutes at Large, 826.] SEC. 35. And be it further enacted, That no association shall make any loan or discount on the security of the shares...to prevent 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,... | |
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