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" If losses have at any time been sustained by any such association, equal to or exceeding its undivided profits then on hand, no dividend shall be made; and no dividend shall ever be made by any association, while it continues its banking operations, to... "
National Bank Amendments: Hearings Before Subcommittee No. 2 of ... , 86-1 ... - Page 65
by United States Congress. House. Banking and Currency Committee - 1959 - 74 pages
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Laws Enacted in the General Assembly of the Commonwealth of Pennsylvania ...

Pennsylvania. Laws, statutes, etc - Law - 1860 - 994 pages
...hand, no dividends shall be made, and no dividends shall ever be made by a bank while it shall continue its banking operations, to an amount greater than...profits then on hand, deducting therefrom its losses and Losses, relattra bad and suspended debts; and all debts due to a bank on which to> interest is paid,...
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Journal: 1st-13th Congress . Repr. 14th Congress, 1st Session ..., Volume 1

United States. Congress. House - United States - 1863 - 1180 pages
...dividend shall be made; and no dividjiul shall ever be made by any association, while it shall continuo its banking operations, to an amount greater than...hand, deducting therefrom its losses and bad debts. And all debts due to any association, on which interest is past due and unpaid for a period of six...
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Acts Passed at the First Session of the 1st Congress - 3d Session of the ...

United States - Law - 1863 - 324 pages
...sustained by any such association equal to or exceeding its undivided profits then on hand, no dividend shall be made ; and no dividend shall ever be made by any association, while it shall continue its banking operations, to an amount greater than its net profits then on hand, deducting...
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The Merchants' Magazine and Commercial Review, Volume 48

William B. Dana - Commerce - 1863 - 508 pages
...by any such association equal to or exceeding its undivided profits then on hand, no dividend sh ill be made ; and no dividend shall ever be made by any association, while it shall continue its banking operations, to an amount greater than its net profits then on baud, deducting...
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The Merchants' Magazine and Commercial Review, Volume 48

1863 - 512 pages
...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 banking operations, to an amount greater than its net profits then on hand, deducting...
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The American Annual Cyclopædia and Register of Important Events ...

Encyclopedias and dictionaries - 1864 - 878 pages
...sustained by any such association equal to or exceeding its undivided profits then on hand, no dividend shall be made ; and no dividend shall ever be made by any association, while it shall continue its banking operations, to an amount greater than its net profits then on hand, deducting...
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American Slavery and Finances, Volumes 1-9

Robert John Walker - Finance - 1864 - 406 pages
...sustained by any such association equal to or exceeding its undivided profits then on hand, no dividend shall be made ; and no dividend shall ever be made by any associa- Dividends retion, while it shall continue its banking operations, to an stricted. amount greater...
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The Voter's Text Book: Comprising a Collection of the Most Important ...

James M. Hiatt - United States - 1868 - 438 pages
...sustained by any such association equal to or exceeding its dividend profits then on hand, no dividend shall be made ; and no dividend shall ever be made by any association while it shall continue its banking operations, to an amount greater than its net profits then on hand, deducting...
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An Analytical Digest of the Laws of the United States, Volume 2

Frederick Charles Brightly - Law - 1869 - 680 pages
...sustained by any such association, equal to or exceeding its undivided profits then on hand, no dividend ther shall continue its banking operations, to an amount greater than its net profits then on hand, deducting...
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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
...sustained by any such association equal to or exceeding its undivided profits then on hand, no dividend shall be made ; and no dividend shall ever be made by any association, while it shall continue its banking operations, to an amount greater than its net profits then on hand, deducting...
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