 | New York (State). Courts, Francis Blaine Delehanty (Reporter), Austin B. Griffin (Reporter), Robert George Scherer (Reporter), Edward Jordan Dimock (Reporter), Joseph Albert Lawson (Reporter), Charles Cook Lester (Reporter), William Van Rensselaer Erving (Reporter), Louis J. Rezzemini (Reporter) - Law reports, digests, etc - 1903 - 752 pages
...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...be sold or disposed of at public or private sale. Every person or corporation violating the provisions of this subdivision shall forfeit to the people... | |
 | George Mathewes Coffin - Banks and banking - 1893 - 186 pages
...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...be sold or disposed of at public or private sale; or, in default thereof, a receiver may be appointed to close up the business of the association, according... | |
 | Oklahoma. Supreme Court, Edward Bell Green, Frank Dale, John Henry Burford, Robert Lee Williams, Matthew John Kane, Howard J. Parker, Charles Winfield Van Eaton - Law reports, digests, etc - 1916 - 884 pages
...of its own capital stock, nor be the purchaser or holder of any such shares, unless such securities or purchase shall be necessary to prevent loss upon...within six months from the time of its purchase, be so'.d or disposed of at public or private sale, and after the expiration of six months any such stock... | |
 | World's congress of bankers and financiers, Chicago, 1893 - Banks and banking - 1893 - 624 pages
...own capital stock, nor be the purchaser or holder of anysuch shares, unless such security or purcha*? shall be necessary to prevent loss upon a debt previously...good faith; and stock so purchased or acquired shall be sold within six months from the time of its purchase. But no such purchase or sale shall relieve... | |
 | District of Columbia. Court of Appeals - Law reports, digests, etc - 1902 - 670 pages
...the shares of its own capital stock, and from becoming the purchaser or holder of any such shares, unless such security or purchase shall be necessary...loss upon a debt previously contracted in good faith. 3. An affidavit of defense in an action by a national bank upon a promissory note, is insufficient... | |
 | Massachusetts. Division of Banks and Loan Agencies - 1894 - 308 pages
...corporation shall be the purchaser or holder of any of the shares of its own capital stock, unless such purchase shall be necessary to prevent loss upon a...debt previously contracted in good faith ; and stock xxiv APPENDIX. so purcbased shall, within six months from the time of its purchase, be sold or disposed... | |
 | Michigan. Banking Division - Banks and banking - 1894 - 344 pages
...holder or Bank not to nom purchaser of any portion of iis capital stock uuless such JJ?"s1 stocls• purchase shall be necessary to prevent loss upon a debt previously contracted in good faith. Stock eo purchased shall in no case be held by the bank for a longer time than six monthe, if the stock... | |
 | Law reports, digests, etc - 1894 - 1206 pages
...the purchaser or holder of any of its shares of capital stock, unless such security or purchase shnll be necessary to prevent loss upon a debt previously contracted in good faith. Gen. Laws 1881, c. 77, i 3. The bank itself could not have purchased the stock shares, nor could It... | |
 | Massachusetts - 1895 - 1136 pages
...of the shares of its own capital stock, nor be the purchaser or holder of any such aliares, uiile.sa such security or purchase shall be necessary to prevent...be sold or disposed of at public or private sale. SECT. 17. The total liabilities to such corporation of any person, firm or corporation, other than... | |
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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... 
