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 4
... further term not exceeding thirty years , whenever a three - fourths vote of the stock or members in case of mutual or nonstock corporations represented at any regular meeting , or at any special meeting called for that purpose , which ...
... further term not exceeding thirty years , whenever a three - fourths vote of the stock or members in case of mutual or nonstock corporations represented at any regular meeting , or at any special meeting called for that purpose , which ...
Page 12
... further action shall be taken in the premises . For the purpose of mak- ing such examination he is authorized to enforce the attendance as witnesses of persons whose testimony is desired , and the production of books and papers , by ...
... further action shall be taken in the premises . For the purpose of mak- ing such examination he is authorized to enforce the attendance as witnesses of persons whose testimony is desired , and the production of books and papers , by ...
Page 23
... further pro- ceedings , and said court , after citing the public examiner * to show cause why further proceedings should not be enjoined , and hearing the allega- tions and proofs of the parties in determining the facts , may , upon the ...
... further pro- ceedings , and said court , after citing the public examiner * to show cause why further proceedings should not be enjoined , and hearing the allega- tions and proofs of the parties in determining the facts , may , upon the ...
Page 24
... further liability to such bank and its cred- itors . Such agent or agents shall convert the assets coming into his or their possession into cash and shall account for and make distribu- tion of the property of such bank as is herein ...
... further liability to such bank and its cred- itors . Such agent or agents shall convert the assets coming into his or their possession into cash and shall account for and make distribu- tion of the property of such bank as is herein ...
Page 26
... further information from the consolidated corporation as he may request , or as he may obtain upon a hearing directed by him . Section 4. Either before or after such consolidation agreement has been approved by the Superintendent of ...
... further information from the consolidated corporation as he may request , or as he may obtain upon a hearing directed by him . Section 4. Either before or after such consolidation agreement has been approved by the Superintendent of ...
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Common terms and phrases
action agent amount application appointed approved assets assignment authorized securities bank or trust bills of exchange board of directors bonds Branch Banks building and loan by-laws capital stock cent certificate of incorporation Chap commercial paper complied consolidated corporation creditors debt deemed depositors district court dividends duly duties of public employes exceeding execute executor fiduciary filed financial corporations firm or corporation foreclosure holder hundred thousand dollars indebtedness insolvent interest invested issue least liabilities liquidation loan associations located manner Minnesota mortgage loan company national bank notice oath officer otherwise paid payment place of business poration Powers and duties prescribed principal place public examiner vested purpose real estate receiver record register of deeds savings bank savings deposits specified statement superintendent of banks sureties taxes thereafter therein thereof thereto tion transact transfer trust company trust funds usury 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...