Building, Loan and Savings Associations: How to Organize and Successfully Conduct Them ... |
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Common terms and phrases
50 cents accounts advertising amount assets asso attorney auditing auditor average value balance balance sheet board of directors bond borrower Building and Loan building association Calculation for six Cash Book CENT TABLES certificate ciation column compound interest constitution and by-laws corporation current term deposits dividends Dollars dues paid duties earnings electrotypes Elmira entries equalized dues installments interest investment June 27 league Ledger liabilities loan and savings Loan Association matter meeting membership ment methods months 1 00 mortgage Notary Public number of shares number of weeks officers Ohio organization paper par value pass-book payments person premium profits for current Profits on 100 proper purpose real estate receipts received regular rules savings associations seal secretary semi-annual Series shareholders SHARES SHARES SHARES six months statutes stockholders thereon tion Total transactions Undivided profits usury weekly withdrawal
Popular passages
Page 330 - ... this insurance, as to the interest of the mortgagee (or trustee) only therein, shall not be invalidated by any act or neglect of the mortgagor or owner...
Page 387 - Commonwealth, with corporate security in the sum of ten thousand dollars, to be approved by the Governor, conditioned for the faithful performance of his official duties.
Page 330 - Provided also, that the mortgagee or trustee shall notify this Company of any change of ownership or occupancy...
Page 391 - Every president, director, cashier, teller, clerk, or agent of any association who embezzles, abstracts, or willfully misapplies any of the moneys, funds, or credits of the association, or who, without authority from the directors, issues or puts in circulation any of the notes of the association...
Page 323 - Hyatt, who each severally acknowledged the signing of the foregoing Articles of Incorporation to be his free act and deed, for the uses and purposes therein mentioned. Witness my hand and official seal on the day and year last aforesaid.
Page 330 - This company shall not be liable under this policy for a greater proportion of any loss on the described property, or for loss by and expense of removal from premises endangered by fire, than the amount hereby insured shall bear to the whole insurance, whether valid or not, or by solvent or insolvent insurers, covering such property...
Page 386 - ... with interest at the rate of eight per cent per annum from the date of...
Page 322 - Witnesseth: That we, the undersigned, all of whom are citizens of the State of Ohio, desiring to form a corporation not for profit, under the general corporation laws of said State, do hereby certify: FIRST. The name of said corporation shall be The Western Reserve Historical Society.
Page 388 - Such foreign association may collect and use the interest on "any securities so deposited, so long as it fulfills its obligations and complies with the provisions of this act. It may also exchange them for other securities of equal value and satisfactory to the inspector. SEC. 34. The deposit made with...
Page 330 - Company shall pay the mortgagee or trustee any sum, for loss or damage under this policy, and shall claim that, as to the mortgagor or owner, no liability therefor existed, this Company shall, to the extent of such payment, be thereupon legally subrogated to all the rights of the party to whom such payment shall be made, under all securities held as collateral to the mortgage debt...