 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...  Annual Report of the Commissioner of Banks - Page xxxixby Massachusetts. Division of Banks and Loan Agencies - 1902Full view - About this book
 | United States. Supreme Court - Law reports, digests, etc - 1899 - 868 pages
...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...so purchased or acquired shall, within six months from the time of its purchase, be sold or disposed of at public or private sale; or, in default thereof,... | |
 | United States. Supreme Court - Law reports, digests, etc - 1899 - 760 pages
...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...so purchased or acquired shall, within six months from the time of its purchase, be sold or disposed of at public or private sale ; or, in default thereof,... | |
 | Oklahoma - Law - 1899 - 278 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...so purchased or acquired shall, within six months from the time of its purchase, be sold or disposed of at public or private sale; after the expiration... | |
 | Oklahoma - Law - 1899 - 278 pages
...of its own capital stock, nor be the purchaser or holder of any such shares, unless such secur-ities or purchase shall be necessary to prevent loss upon...so purchased or acquired shall, within six months from the time of its purchase, be sold or disposed of at public or private sale; after the expiration... | |
 | New Jersey - Law - 1899 - 658 pages
...its own capital stock, nor be the STown'sto'ck. purchaser or holder of any such shares unless such security or purchase shall be necessary to prevent...; and stock so purchased or acquired shall within one year from the time of its purchase be sold or disposed of at public or private sale ; provided,... | |
 | James Brooks Dill, New Jersey. Department of Banking and Insurance - Banking law - 1899 - 98 pages
...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...upon a debt previously contracted in good faith; and the stock so purchased or acquired shall within one year from the time of its purchase be sold or disposed... | |
 | New Jersey - Law - 1899 - 660 pages
...its own capital stock, nor be the purchaser JtoVk prohibi or holder of any such shares unless such security or purchase shall be necessary to prevent...upon a debt previously contracted in good faith ; and the stock so purchased or acquired shall within one year from the time of its purchase be sold or disposed... | |
 | John Maxcy Zane - Banking law - 1900 - 864 pages
...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...so purchased or acquired shall, within six months from the time of its purchase, be sold or disposed of at public or private sale; or in default thereof,... | |
 | Kansas - Kansas - 1900 - 1108 pages
...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...so purchased or acquired shall, within six months from the time of its purchase, be sold or disposed of at public or private sale. After the expiration... | |
 | New York (State) - Law - 1900 - 862 pages
...capital stock nor be the purchaser or holder of any such shares, unless such security or purchaser shall be necessary to prevent loss upon a debt previously...so purchased or acquired shall, within six months from the time of its purchase, be sold or disposed of at public or private sale. Every person violating... | |
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