A Compilation of the Laws of Minnesota Relating to State Banks, Savings Banks and Trust Companies1925 - Banking law - 56 pages |
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Page 3
... debt , dom- estic or foreign , dealing in gold and silver bullion and foreign coins , issu- ing circulating notes , and loaning money upon real estate or personal security ; 2. Establishing and conducting clearing houses , for effecting ...
... debt , dom- estic or foreign , dealing in gold and silver bullion and foreign coins , issu- ing circulating notes , and loaning money upon real estate or personal security ; 2. Establishing and conducting clearing houses , for effecting ...
Page 6
... debt or duty intended to be secured thereby . Such new certificate shall state on its face that it is held as ... debts in the following cases : 1. For all unpaid installments on stock owned by him or transferred for the purpose of ...
... debt or duty intended to be secured thereby . Such new certificate shall state on its face that it is held as ... debts in the following cases : 1. For all unpaid installments on stock owned by him or transferred for the purpose of ...
Page 9
... debt or writing purporting to be a bond or evidence of debt of such company or corporation , without being first duly authorized by such company or corporation , or contrary to the charter or laws under which such corporation or company ...
... debt or writing purporting to be a bond or evidence of debt of such company or corporation , without being first duly authorized by such company or corporation , or contrary to the charter or laws under which such corporation or company ...
Page 16
... debt , and foreign and inland bills of exchange , by lending money on real and personal securities and receiving ... debts of such bank and for all transactions prior to any transfer thereof . Every person becoming a stockholder shall ...
... debt , and foreign and inland bills of exchange , by lending money on real and personal securities and receiving ... debts of such bank and for all transactions prior to any transfer thereof . Every person becoming a stockholder shall ...
Page 17
... debt , and that he will faithfully perform his official duties , and not knowingly violate or permit to be violated any provision of law . The taking of such oath shall be duly certified in the minutes of the records of the bank , and ...
... debt , and that he will faithfully perform his official duties , and not knowingly violate or permit to be violated any provision of law . The taking of such oath shall be duly certified in the minutes of the records of the bank , and ...
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Common terms and phrases
action agent amount application appointed approved assets association authorized become bonds capital stock cause cent certificate claims collection commission condition consolidated corporation court creditors debt deemed deposit depositors determine direct directors district dividends duly duties effect evidence exceeding execute existing expenses faith false filed funds further held hold hundred thousand incorporation individual interest invested issue least less liabilities liquidation loan located majority manner meeting Minnesota mortgage necessary notes notice oath officer organized otherwise paid party payment performance person place of business possession Powers and duties prescribed president principal public examiner published purchase real estate reason receiver record relating representative respective safe savings bank securities shares specified statement stockholders superintendent of banks therein thereof thousand dollars tion transact transfer trust company vested in superintendent vote
Popular passages
Page 32 - ... any greater sum or greater value for the loan or forbearance of any money, goods or things in action, than is above prescribed.
Page 30 - ... knowing at the time of such making, drawing, uttering or delivering, that the maker, or drawer, has not sufficient funds in or credit with such bank or other depository, for the payment of such check, draft, or order, in full, upon its presentaFeiony.
Page 6 - Books—The transfer of shares is not valid, except as between the parties thereto, until it is regularly entered on the books of the company, so far as to show the names of the persons, by and to whom transferred, the number or other designation of the shares, and the date of the transfer...
Page 9 - ... or instrument purporting to be a certificate or evidence' of the ownership of any share or shares of such company or corporation, or any bond or evidence of debt, or writing purporting to be a bond or evidence of debt of such company or corporation, without being first thereto duly authorized by such company or corporation, or contrary to the charter or laws under which such corporation or...
Page 3 - ... the share capital of the company, as altered by the order, the amount of the share capital, the number of shares into which it is to be divided, and the amount of each share, and the amount, if any, at the date of the registration deemed to be paid up on each share, shall register the order and minute.
Page 22 - The superintendent of banks may employ such counsel and procure such expert assistance and advice as may be necessary in the liquidation and distribution of the assets of such bank...
Page 51 - A national bank desiring to exercise any or all of the powers authorized by section 11 ( /,-) of the Federal Reserve Act, as amended by the act of September 26, 1918...
Page 21 - Whenever it shall appear to the superintendent that any corporation or individual banker to which this chapter is applicable has violated its charter or any law of the state, or is conducting its business in an unsafe or unauthorized manner, or if the capital of any such...
Page 29 - State, may forward such instrument for collection directly to the bank on which it is drawn or at which it is made payable and...
Page 9 - ... and shall, with intent to defraud, omit to make, or to cause or direct to be made, a full and true entry thereof in the books and accounts of such body corporate or public company, shall be guilty of a misdemeanor...