Search Images Maps Play YouTube News Gmail Drive More »
Sign in
Books Books
" 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... "
Public Documents of Massachusetts - Page xxxvii
by Massachusetts - 1902
Full view - About this book

Acts of the State of Ohio, Volume 49

Ohio - Law - 1851
...portion of its capital stock, or of the capital stock of any other incorporated company, unless such purchase shall be necessary to prevent loss upon a debt previously contracted in good faith, on security which, at the time, was deemed adequate to insure the payment of such debt, independent...
Full view - About this book

Laws enacted in the general assembly of the commonwealth

1860
...its capital, or of the capi•apiui stock of ta' stoc'c f any other incorporated bank, unless such purchase shall be necessary to prevent loss upon a debt previously contracted in good faith, on security, which at the time was deemed adequate to insure the payment of such debt, independent...
Full view - About this book

Journal: 1st-13th Congress . Repr. 14th Congress, 1st Session ..., Volume 1

United States. Congress. House - United States - 1863
...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...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 of which...
Full view - About this book

The Merchants' Magazine and Commercial Review, Volume 48

1863
...portion of its capital stock, or of the capital stock of any other incorporated company, unless such purchase shall be necessary to prevent loss upon a debt previously contracted in good faith, on security which, at the time, was deemed adequate to insure the payment of such debt, independent...
Full view - About this book

The Merchants' Magazine and Commercial Review, Volume 48

William B. Dana - Commerce - 1863
...portion of its capital stock, or of the capital stock of any other incorporated company, unless such purchase shall be necessary to prevent loss upon a debt previously contracted in good faith, on security which, at the time, was deemed adequate to insure the payment of such debt, independent...
Full view - About this book

The Merchants' Magazine and Commercial Review, Volume 51

Commerce - 1864
...stock, nor be the purchaser or holder of any such shares, unless such security or purchase shall he necessary to prevent loss upon a debt previously contracted...so purchased or acquired shall, within six months from the time of its purchase, he sold or disposed of at public or private sale, in default of which...
Full view - About this book

THE AMERICAN ANNUAL CYCLOPAEDIA

1864
...portion of its capital stock, or of the capital stock of any other incorporated company, unless such purchase shall be necessary to prevent loss upon a debt previously contracted in good faith, on security which, at the time, was deemed adequate to insure the payment of such debt, independent...
Full view - About this book

American Slavery and Finances, Volumes 1-9

Robert John Walker - Finance - 1864
...its capital stock, or forbidden. of the capital stock of any other incorporated company, unless such purchase shall be necessary to prevent loss upon a debt previously contracted in good faith, or security which, at the time, was deemed adequate to insure the payment of such debt, independent...
Full view - About this book

The Bank of England: And the Organisation of Credit in England

Charles Tennant - Banks and banking - 1866 - 869 pages
...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...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...
Full view - About this book

Cases Argued and Adjudged in the Supreme Court of the United States, Volume 18

United States. Supreme Court - Law reports, digests, etc - 1874
...capital stock, and prohibit also every bank from purchasing or holding any such shares, unless such security or purchase shall be necessary to prevent...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....
Full view - About this book




  1. My library
  2. Help
  3. Advanced Book Search
  4. Download EPUB
  5. Download PDF