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" No national banking association shall at any time be indebted, or in any way liable, to an amount exceeding the amount of its capital stock at such time actually paid in and remaining undiminished by losses or otherwise, except on account of demands of... "
Practical Information Concerning the Public Debt of the United States: With ... - Page 123
by William Adams Richardson - 1873 - 208 pages
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Reports of Cases Argued and Determined in the Circuit Court of ..., Volume 22

United States. Circuit Court (2nd Circuit) - Law reports, digests, etc - 1885 - 646 pages
...That section provides, that no association shall at any time.be indebted, or in any way liable, to an amount exceeding the amount of its capital stock at such time actually paid in and undiminished, except for circulation, deposits, and drafts drawn against existing funds, and to its...
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A Treatise on the Law of Banks and Banking, Volume 2

John Torrey Morse (Jr.) - Banking law - 1888 - 712 pages
...Bank's Indebtedness. — No association shall at any time be indebted, or in any way liable, to an amount exceeding the amount of its capital stock at...remaining undiminished by losses or otherwise, except on account of demands of the nature following : — First. Notes of circulation. Second. Moneys deposited...
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The National-Bank Act and Other Laws Relating to National Banks, from the ...

United States - Banking law - 1889 - 120 pages
...association shall at anytime be indebtedness of as- v ' sociation. deb ted, or in any way liable, to an amount exceeding the amount of its capital stock at...remaining undiminished by losses or otherwise, except on account of demands of the nature following: Exceptions. First. Kotes of circulation. Second. Moneys...
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Extracts from the Laws of the United States Relating to Currency and Finance

United States - Finance, Public - 1889 - 90 pages
...it further enacted, That no association shall at any time be indebted, or in any way liable, to an amount exceeding the amount of its capital stock at such time actually paid in and remaining nndiminished by losses or otherwise, except on the following accounts, that is to say : — First....
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Laws of the United States Relating to Currency, Finance, and Banking from ...

United States - Banking law - 1891 - 332 pages
...it further enacted, That no association shall at any time be indebted, or in any way liable, to an amount exceeding the amount of its capital stock at...Third. On account of bills of exchange or drafts drawn 1864.] BANK ACT : EXPENSES OF BUREAU : TAXES. 187 against money actually on deposit to the credit of...
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Laws of the United States Relating to Currency, Finance, and Banking from ...

United States - Banking law - 1891 - 328 pages
...That no association shall at any time be indebted, or in any way liable, to an amount ex- , , ceeding the amount of its capital stock at such time actually...Third. On account of bills of exchange or drafts drawn 1864.] BANK ACT : EXPENSES OF BUREAU : TAXES. 187 against money actually on deposit to the credit of...
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Hand-book for Bank Officers

George Mathewes Coffin - Banks and banking - 1893 - 186 pages
...such borrowing as follows: No association shall at any time be indebted, or in any way liable, to an amount exceeding the amount of its capital stock at...remaining undiminished by losses or otherwise, except on account of demands of the nature following: First. Notes of circulation. Second. Moneys deposited with...
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Commentaries on the Law of Private Corporations, Volume 6

Seymour Dwight Thompson - Corporation law - 1896 - 1228 pages
...Act,8 which provides that "no association shall at any time be indebted, or in any way liable, to an amount exceeding the amount of its capital stock,...remaining undiminished by losses or otherwise, except on account of demands of the nature following," — the demand which gave rise to the indebtedness on...
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Hearings and Arguments Before the Committee on Banking and Currency of the ...

United States. Congress. House. Committee on Banking and Currency - Banks and banking - 1897 - 626 pages
...currency notes supplied to and issued by any association under this section and section ten exceed the amount of its capital stock at such time actually paid in and unimpaired, excepting as provided in section seventeen. The promise of the association rec, iving the...
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Message from the President of the United States, Transmitting the Report of ...

United States. Hawaiian commission - Hawaii - 1898 - 736 pages
...2066. No corporation formed under this chapter shall at any time be indebted or in any way liable to an amount exceeding the amount of ' its capital stock...losses, or otherwise, except on the following accounts, viz: First. On account of moneys deposited with or collected by such corporation. inouey actually on...
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