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" All debts due to any association, on which interest is past due and unpaid for a period of six months, unless the same are well secured, and in process of collection, shall be considered bad debts within the meaning of this section. "
Joint Documents ... for the Year ... - Page 132
by Michigan. Legislature - 1889
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Practical Information

William A. Richardson - 1873
...amount greater than its net profits then on hand, deducting therefrom its losses and bad debts. And all debts due to any association, on which interest...unpaid for a period of. six months, unless the same shall be well secured, and shall be in process of collection, shall be considered bad debts within...
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Practical Information Concerning the Public Debt of the United States: With ...

William Adams Richardson - Banking law - 1873 - 208 pages
...amount greater than its net profits then on hand, deducting therefrom its losses and bad debts. And all debts due to any association, on which interest...unpaid for a period of six months, unless the same shall be well secured, i and shall be in process of collection, shall be considered bad debts within...
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Report of the Secretary of the Treasury on the State of the Finances

United States. Department of the Treasury - Finance, Public - 1875
...dividend shall be declared. Jt further provides that all debts due to an association on which interest is due and unpaid for a period of six months, unless...process of collection, shall be considered bad debts within the meaning of the law. And this provision is construed to include stocks and bonds upon which...
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The Abridgment ... Containing the Annual Message of the President of the ...

United States. President - United States - 1875
...dividend shall be declared. It further provides that all debts due to an association on which interest is due and unpaid for a period of six months, unless...are well secured and in process of collection, shall bo considered bad debts within the meaning of the law. And this provision is construed to include stocks...
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Gold and Debt: An American Hand-book of Finance, with Over Eighty Tables and ...

William Lyman Fawcett - Finance - 1876 - 270 pages
...profits then on hand, deducting therefrom its losses and bad debts. All debts due to any associations, on which interest is past due and unpaid for a period...process of collection, shall be considered bad debts within the meaning of this section. But nothing in this section shall prevent the reduction of the...
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THE CENTURY OF INDEPENDENCE

1876
...amount greater than its net profits then on hand, deducting therefrom its losses and bad debts. And all debts due to any association on which interest...unpaid for a period of six months, unless the same shall be well secured, and shall be in process of collection, shall be considered bad debt, within...
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Annual Report of the Secretary of the Treasury on the State of the Finances ...

United States. Department of the Treasury - Finance, Public - 1876
...before any dividend shall be declared, and that all délits due to an association, on which interest is due and unpaid for a period of six months, unless...same are well secured and in process of collection, símil be considered bad debts within the meaning of the law. This provision is construed to include...
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House Documents, Otherwise Publ. as Executive Documents: 13th ..., Volume 6

United States. Congress. House - United States - 1876
...dividend shall be declared. I further provides that all debts due to an association on which interés is due and unpaid for a period of six months, unless the same are we! secured and in process of collection, shall be considered bad debt within the meaning of the law....
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Gold and Debt; and American Hand-Book of Finance

W.L. Fawcett - 1877
...profits then on hand, deducting therefrom its losses and bad debts. All debts due to any associations, on which interest is past due and unpaid for a period...process of collection, shall be considered bad debts within the meaning of this section. But nothing in this section shall prevent the reduction of the...
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Gold and Debt: An American Hand-book of Finance, with Over Eighty Tables and ...

William Lyman Fawcett - Finance - 1877 - 270 pages
...profits then on hand, deducting therefrom its losses and bad debts. All debts due to any associations, on which interest is past due and unpaid for a period...process of collection, shall be considered bad debts within the meaning of this section. But nothing in this section shall prevent the reduction of the...
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