 But no such bank shall accept, as collateral, or be the purchaser of its own capital stock, except in cases where the taking of such collateral, or such purchase, shall be necessary to prevent loss upon a debt previously contracted in good faith, and...  General Laws of the State of Idaho ... - Page 185by Idaho - 1905Full view - About this book
 | Ohio - Session laws - 1851 - 196 pages
...any portion of its capital stock, or of the capital stock of any other incorporated company, unless such purchase shall be necessary to prevent loss upon a debt previously contracted in good faith, on security which, at the time, was deemed adequate to insure the payment of such debt, independent... | |
 | Iowa - Law - 1858 - 604 pages
...any portion of its capital stock, or of the capital stock of any other incorporated company, unless such purchase shall be necessary to prevent loss upon a debt previously contracted NO branch shnii in good faith, on security which at the time was deemed my oth'rstocks, adequate to... | |
 | Pennsylvania. Laws, statutes, etc - Law - 1860 - 994 pages
...of the capitaphai stock 1 of ta ' stoc k of any other incorporated bank, unless such purchase buki. shall be necessary to prevent loss upon a debt previously contracted in good faith, on security, which at the time was deemed adequate to insure the payment of such debt, independent... | |
 | United States. Congress. House - United States - 1863 - 1180 pages
...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 in good faith; and stock so purchased or acquired shall, within six months from the time of its purchase, be sold or disposed... | |
 | 1863 - 512 pages
...any portion of its capital stock, or of the capital stock of any other incorporated company, unless such purchase shall be necessary to prevent loss upon a debt previously contracted in good filth, oil security which, at the time, was deemed adequate to insure the payment of such debt, independent... | |
 | 1864 - 414 pages
...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 in good faith ; and stock so purchased or acquired shall, within six months from the time of its purchase, be sold or disposed... | |
 | Robert John Walker - Finance - 1864 - 406 pages
...of its capital stock, or forbidden. o f the capital stock of any other incorporated company, unless such purchase shall be necessary to prevent loss upon a debt previously contracted in good faith, or security which, at the time, was deemed adequate to insure the payment of such debt, independent... | |
 | United States - Session laws - 1866 - 906 pages
...of their nor " e tne purchaser or holder of any such shares, unless such security own stock, &c. or purchase shall be necessary to prevent loss upon a debt previously contracted in good faith ; and stock so purchased or acquired shall, within six months from the time of its purchase, be sold or disposed... | |
 | Charles Tennant - Banks and banking - 1866 - 894 pages
...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 in good faith ; and stock so purchased or required to be sold or disposed of, at public or private sale, within six months... | |
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