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" No association, or any member thereof, shall, during the time it shall continue its banking operations, withdraw, or permit to be withdrawn, either in the form of dividends or otherwise, any portion of its capital. "
Study of Banking Laws: Legislative Recommendations of the Federal ... - Page 18
by United States. Congress. Senate. Committee on Banking and Currency - 1956 - 212 pages
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The Merchants' Magazine and Commercial Review, Volume 48

William B. Dana - Commerce - 1863 - 510 pages
...or otherwise. SBC. 44. And be it further enacted, That no association, or any member thereof, shall, during the time it shall continue its banking operations, withdraw, or permit to be withdrawn, either in form of dividends, loans to stockholders for a longer time than six months, or'in any other manner,...
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Journal: 1st-13th Congress . Repr. 14th Congress, 1st Session ..., Volume 1

United States. Congress. House - United States - 1863 - 1180 pages
...capital stock. "SEC. 38. And be и further enacted, That no association, or any member thereof, shall, during the time it shall continue its banking operations, withdraw, or permit to be withdrawn, either in form of dividends or otherwise, any portion of its capital. And if losses shall at any time have been...
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The Merchants' Magazine and Commercial Review, Volume 48

1863 - 512 pages
...other manner, any portion of its capit'd. And if losses shall at any time have been sustained by uny such association equal to or exceeding its undivided profits then on hand, no dividend sh.>ll be made ; and no dividend shall ever be made by any association, while it shall continue its...
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The Merchants' Magazine and Commercial Review, Volume 51

Commerce - 1864 - 496 pages
...form of dividends, or otherwise, any portion of its capital. And if losses shall at any time have heen sustained by any such association, equal to or exceeding...undivided profits then on hand, no dividend shall he made ; and no dividend shall ever he made by any association, while it shall continue its hanking...
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The American Annual Cyclopædia and Register of Important Events ...

Encyclopedias and dictionaries - 1864 - 880 pages
...or otherwise. SEC. 44. And bt it further enacted, That no association, or any member thereof, shall, during the time it shall continue its banking operations, withdraw, or permit to be withdrawn, either in form of dividend!, loans to stockholders for a longer time than six months, or in any other manner,...
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The Voter's Text Book: Comprising a Collection of the Most Important ...

James M. Hiatt - United States - 1868 - 438 pages
...to create or increase its capital stock. SBC. 38. That no association or any member thereof, shall, during the time it shall continue its banking operations, withdraw, or permit to be withdrawn, either in forms of dividends or otherwise, any portion of its capital. And if losses shall at any time have been...
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An Analytical Digest of the Laws of the United States

Frederick Charles Brightly - Law - 1869 - 680 pages
...Penalty for default. Limitation of state taxation. 39. No association, or any member thereof, shall, r r r rpWx. form of dividends or otherwise, any portion of its capital. And if losses shall at any time have been...
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Appletons' Annual Cyclopaedia and Register of Important Events: Embracing ...

Encyclopedias and dictionaries - 1869 - 944 pages
...SEC. 41. And be it further enact«!, That no audition, or any member thereof, sha!!, during HI<MIU:C it shall continue its banking operations, withdraw, or permit to be withdrawn, either in form of divider Ч loans to stockholders for a longer time than six mont! «. or in any other manner,...
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A Treatise on the Law Relating to Banks and Banking: With an Appendix ...

John Torrey Morse (Jr.) - Banking law - 1870 - 600 pages
...capital stock. SEC. 38. And be it further enacted, That no association, or any member thereof, shall, during the time it shall continue its banking operations, withdraw, or permit to be withdrawn, either in form of dividends or otherwise, any portion of its capital. And if losses shall at any time have been...
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Appletons' Annual Cyclopaedia and Register of Important Events: Embracing ...

Encyclopedias and dictionaries - 1872 - 886 pages
...or otherwise. SEC. 44. And be it further enacted, That no association, or any member thereof, shall, during the time it shall continue its banking operations, withdraw, or permit to be withdrawn, either in form of dividends, loans to stockholders for a longer time than six months, or in any other manner,...
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