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" ... provided, that the amount of the bonds so issued shall not exceed the amount of the mortgages so held in trust, and that no one of said mortgages shall exceed in amount... "
Annual Report of the Commissioner of Banks - Page 749
by Massachusetts. Division of Banks and Loan Agencies - 1902
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Report of the Attorney General

Massachusetts. Attorney General's Office - Attorneys general's opinions - 1906 - 228 pages
...per cent of the whole amount of deposits shall be so invested. A loan on mortgage shall not be made except upon the report of not less than two members of the board of investment, who shall certify, according to their best judgment, to the value of the premises to be mortgaged and such report...
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Public Documents of Massachusetts, Volume 6

Massachusetts - 1899 - 1192 pages
...cent, of the whole amount of deposits shall be so invested ; and no loan on mortgage shall be made except upon the report of not less than two members of the board of investment, who ahall certify to the value of the premises to be mortgaged, according to their best judgment, and such...
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Public Documents of Massachusetts, Volume 6, Part 1

Massachusetts - Massachusetts - 1894 - 760 pages
...cent, of the whole amount of deposits shall be so invested ; and no loan on mortgage shall be made except upon the report of not less than two members of the board of investment, who shall certify to the value of the premises to be mortgaged, according to their best judgment, and such report...
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A Massachusetts Savings Bank: Being an Account of the Provident Institution ...

Henry Lee - Savings banks - 1893 - 56 pages
...percent. of the whole amount of deposits shall be so invested ; and no loan on mortgage shall be made except upon the report of not less than two members of the board of investment, who shall certify to the value of the premises to be mortgaged, according to their best judgment, and such report...
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A Massachusetts Savings Bank: Being an Account of the Provident Institution ...

Henry Lee - Banking law - 1893 - 60 pages
...percent, of the whole amount of deposits shall be so invested ; and no loan on mortgage shall be made except upon the report of not less than two members of the board of investment, who shall certify to the value of the premises to be mortgaged, according to their best judgment, and such report...
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Acts and Resolves Passed by the General Court of Massachusetts

Massachusetts - Law - 1894 - 1174 pages
...cent, of the whole amount of deposits shall be BO invested ; and no loan on mortgage shall be made except upon the report of not less than two members of the board of investment, who shall certify to the value of the premises to be mortgaged, according to their best judgment, and such report...
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American Investments Classified: Hand-book of Information for ..., Volume 1

1899 - 804 pages
...the value of the real estate thereby mortgaged ; and no investment in said bonds shall be made by any such corporation, except upon the report of not less...two members of the board of investment, who shall certify to the value of the premises covered by each of said mortgages, according to their best judgment,...
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Public Documents of Massachusetts, Volume 6

Massachusetts - Massachusetts - 1902 - 1224 pages
...one of said mortgages shall exceed in amount sixty per cent of the value of the real estate thereb}r mortgaged ; and no investment in said bonds shall...the bonds of the Boston, Revere Beach and Lynn —in bonde of Railroad Company, issued according to law. lew, vst. l;fef'B'*L' c. In the legally authorized...
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Annual Report of the Commissioner of Banks, Part 1

Massachusetts. Division of Banks and Loan Agencies - 1905 - 954 pages
...three hun- JSssi'aoifs e. dred and one of the acts of the year eighteen hundred i^9*- 817> § 41« and eighty-eight, are held as collateral security...bonds of Railroad Company, issued according to law. 1887,862. Ih^'8'*1" c. In the legally authorized bonds of the New York —in bonds of «/ \t*wi ork...
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The Bond Buyers' Dictionary

Samuel Armstrong Nelson - Bonds - 1907 - 184 pages
...mortgages so held in trust, and that no one of said mortgages shall exceed in amount the sixty per cent, of value of the real estate thereby mortgaged; and no...and preserved with the records of the corporation. In the legally authorized bonds of the New York Central and Hudson River Railroad Company, of the Michigan...
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