 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
 | 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 páginas
...1895 adds to section 25 of the Banking Law, 'subdivision V, which reads: "No such corporation shall make any loan, or discount on the security of the...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... | |
 | World's congress of bankers and financiers, Chicago, 1893 - 1893 - 624 páginas
...the Comptroller of 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... | |
 | 1893 - 1256 páginas
...shall not exceed onetenth part of the capital paid in; that no association shall make any original loan or discount on the security of the shares of its own capital stock; that no check be certified in excess of the drawer's deposit; that reports of condition be made and... | |
 | District of Columbia. Court of Appeals - 1902 - 670 páginas
...the bank upon the note upon the ground that section 5201. RSUS prohibits national banks from making any loan or discount on the security of the shares of its own capital stock, and from becoming the purchaser or holder of any such shares, unless such security or purchase shall... | |
 | Michigan. Banking Division - 1894 - 344 páginas
...holder or Bank not to nom purchaser of any portion of iis capital stock uuless such JJ?"s1 stocls• purchase shall be necessary to prevent loss upon a debt previously contracted in good faith. Stock eo purchased shall in no case be held by the bank for a longer time than six monthe,... | |
 | Nebraska, Guy Ashton Brown, Hiland Hill Wheeler - 1895 - 1512 páginas
...SEC. 19. [Shares — Purchased or as security.] No corporation conducting a banking business, 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 (6) months from the time of its... | |
 | Massachusetts - 1895 - 1136 páginas
...real and personal property upon such terms as may be agreed upon. SECT. 1(3. Xo such corporation shall make any loan or discount on the security of the shares...stock, nor be the purchaser or holder of any such aliares, uiile.sa such security or purchase shall be necessary to prevent loss upon a debt previously... | |
 | Nebraska. State Banking Board - 1898 - 84 páginas
...corporation conducting a banking business shall make any loan or discount on the security of the shares.of its own capital stock, nor be the purchaser or holder...security or purchase shall be necessary to prevent the loss upon a debt previously contracted in good faith; and stock so purchased or acquired shall... | |
 | Michigan. Banking Division - 1895 - 352 páginas
...holder or Bank not to how purchaser of any portion of its capital, stock unless such ^cpltal 8teck' purchase shall be necessary to prevent loss upon a debt previously contracted in good faith. Stock eo purchased shall in no case be held by the bank for a longer time than six months,... | |
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