 | Massachusetts - Massachusetts - 1894 - 760 pages
...of real and personal property upon such terms as may be agreed upon. SECT. 16. No such corporation shall make any loan or discount on the security of...; 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.... | |
 | United States. Congress. House - United States - 1863 - 1180 pages
...them available for the redemption of their circulation. "ЙЕС. 35. And be it further enac/i'd, That no association shall make any loan or discount on...faith; and stock 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... | |
 | Commerce - 1864 - 496 pages
...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...; and stock 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... | |
 | Charles Tennant - Banks and banking - 1866 - 894 pages
...the amount due to them available for the redemption of this circulation. Sec. 35. No Association to make any loan or discount on the security of the shares...contracted in good faith ; and stock so purchased or required to be sold or disposed of, at public or private sale, within six months from the time of its... | |
 | James M. Hiatt - United States - 1868 - 426 pages
...all notes or bills issued by any association existing under and by virtue of. this act. SEC. 35. That no association shall make any loan or discount on...and stock 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... | |
 | James M. Hiatt - United States - 1868 - 438 pages
...make any loan or discount on the security of the shares of its own capital stock, nor be the purehaser or holder of any such shares, unless such security...and stock 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... | |
 | Law - 1884 - 550 pages
...brought to this court on writ of error. FIELD, J. Section 5,201 of the Revised Statutes declares that " no association shall make any loan or discount on...faith, and stock so purchased or acquired shall, within six months from the time of its purchase, be sold or disposed of at public or private sale, or in default... | |
 | John Torrey Morse (Jr.) - Banking law - 1870 - 600 pages
...due them available for the redemption of their circulation. SEC. 35. And be it further enacted, That no association shall make any loan or discount on...; 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, in default... | |
 | William Adams Richardson - History - 1873 - 192 pages
...the^owiT of its own capital stock, 14 nor be the purchaser or holder shares, except m of any such srmres, unless such security or purchase shall be necessary...faith; and stock 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... | |
 | William Adams Richardson - Banking law - 1873 - 208 pages
...purchaser or holder shares, except in of any such shares, unless such security or purchase shall oertam be necessary to prevent loss upon a debt previously...faith; and stock 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... | |
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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... 
