 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...  Annual Report of the Commissioner of Banks - Page xxxixby Massachusetts. Division of Banks and Loan Agencies - 1902Full view - About this book
 | Massachusetts - 1899
...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. SECT. 17. The total... | |
 | 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... | |
 | Massachusetts - Massachusetts - 1894
...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...and stock so purchased or acquired shall, within six mouths from the time of its purchase, be sold or disposed of at public or private sale. SECT. 17. The... | |
 | Massachusetts - Massachusetts - 1894
...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 purchased shall, within six months from the time of its purchase, be sold or disposed... | |
 | 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... | |
 | 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... | |
 | 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... | |
 | 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... | |
 | 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... | |
 | 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... | |
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