 | Kansas. Legislature. Senate. Revision Committee - Kansas - 1890 - 248 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... | |
 | South Dakota - Session laws - 1891 - 392 pages
...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... | |
 | Michigan. Banking Division - Banks and banking - 1892 - 312 pages
...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,... | |
 | John B. Duryea - Banks and banking - 1892 - 448 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... | |
 | Michigan. Banking Division - Banks and banking - 1892 - 330 pages
...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... | |
 | George Mathewes Coffin - Banks and banking - 1893 - 186 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... | |
 | Michigan. Department of State - Michigan - 1893 - 322 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... | |
 | World's congress of bankers and financiers, Chicago, 1893 - Banks and banking - 1893 - 624 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... | |
 | Michigan. Banking Division - Banks and banking - 1895 - 352 pages
...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 íire well secured, and in process Auiendinn)t 0( of collection,... | |
 | Edward Carroll - Banking law - 1895 - 332 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... | |
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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. 
