Search Images Maps Play YouTube News Gmail Drive More »
Sign in
Books Books
" 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
Full view - About this book

Report of Senate Revision Committee, Appointed Under Senate Resolution No. 91

Kansas. Legislature. Senate. Revision Committee - Kansas - 1890 - 228 pages
...debts. All debts due to 9 a bank on which the interest is past due and unpaid, for a period of six 10 months, unless the same are well secured and in process of collection, 11 shall be considered bad debts within the meaning of this section. But 12 nothing in this section...
Full view - About this book

Session Laws

South Dakota - Session laws - 1891
...on hand, deducting therefrom its losses and bad debts; all debts due to an association on which the interest is past due and unpaid for a period of six...process of collection, shall' be considered bad debts within the meaning of this section, but nothing in this section shall prevent the reduction of capital...
Full view - About this book

Annual Report

Michigan. Banking Division - Banks and banking - 1892
...such loan or investmeat shall be made by any bank, unless necessary to avoid loss or embarrassmeat, as above provided. All debts due to any association...interest is past due and unpaid for a period of six moaths, unless the same are well secured, and in process of collection, shall be considered bad debts,...
Full view - About this book

A Practical Treatise on the Business of Banking and Commercial Credits

John B. Duryea - Banks and banking - 1892 - 432 pages
...amount in excess of the bank's net profits after deducting all losses and bad debts. Debts due the bank on which interest is past due and unpaid for a period of six months, unless the same is well secured and in process of collection, shall be considered bad debts. Nothing herein shall be...
Full view - About this book

Annual Report

Michigan. Banking Division - Banks and banking - 1892
...dne to any association 011 which interest is past dne and unpaid for a period of six monthe, uuless the same are well secured, and in process of collection, shall be considered bad dobte, and shall be charged off to the profit and loss account, at the expiration of that time. THE...
Full view - About this book

Hand-book for Bank Officers

George Mathewes Coffin - Banks and banking - 1893 - 107 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...
Full view - About this book

Michigan and Its Resources: Sketches of the Growth of the State, Its ...

Michigan. Department of State - Michigan - 1893 - 287 pages
...intended to circulate as money, neither can a bank issue post notes. All debts due to any State banking association on which interest is past due and unpaid...period of six months, unless the same are well secured or in process of collection, are required to be charged off at the expiration of that time. The expenses...
Full view - About this book

World's Congress of Bankers and Financiers: Comprising Addresses Upon ...

World's congress of bankers and financiers, Chicago, 1893 - Banks and banking - 1893 - 615 pages
...and bad debts and ten per cent for the reserve fund. And all debts due any association on which the interest is past due and 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 the...
Full view - About this book

Annual Report

Michigan. Banking Division - Banks and banking - 1895
...to avoid loss or embarrassment, as above provided. AU debts due in any association Disposition »t on which interest is past due and unpaid for a period of P™Щ^ '£'"' six months. unless the same ķire well secured, and in process Auiendinn)t 0( of collection,...
Full view - About this book

Principles and Practice of Finance: A Practical Guide for Bankers, Merchants ...

Edward Carroll - Banking law - 1895 - 311 pages
...sustained and bad debts contracted. Debts on which interest is due and unpaid for six months, unless well secured and in process of collection, shall be considered "bad debts." " Every association which shall have failed to pay up its capital stock, as required by law, and every...
Full view - About this book




  1. My library
  2. Help
  3. Advanced Book Search
  4. Download EPUB
  5. Download PDF