 Every such corporation shall, at the time of making each semi-annual dividend, reserve as a guaranty fund, from the net profits which have accumulated during the six months then next preceding, not less than one-eighth nor more than one-fourth of one...  Annual Report of the Commissioner of Banks - Page xixby Massachusetts. Division of Banks and Loan Agencies - 1902Full view - About this book
 | Massachusetts - 1895 - 1136 pages
...than »» мам. »иве. one eighth nor more than one fourth of one per cent, of the whole amount of deposits, until such fund amounts to five per cent, of the whole amount of deposits, which rand shall be thereafter maintained and held to meet losses in its business from depreciation of its... | |
 | West Virginia - 1896 - 218 pages
...next preceding, not less than one-eighth nor more than one-fourth of one per cent, of the whole amount of deposits, until such fund amounts to five per cent,...from depreciation of its securities or otherwise. 24. The income or profit of every such savings bank, after a deduction of all reasonable expenses incurred... | |
 | Wisconsin - Session laws - 1897 - 1392 pages
...cent., nor more than one per cent, of the whole amount of deposits, until such fund amounts to ten per cent, of the "whole amount of deposits, which fund shall be thereafter maintained and held in that ratio, to meet losses in its business from depreciation of the securities or otherwise. SECTION... | |
 | Massachusetts - Massachusetts - 1902 - 1224 pages
...one-eighth nor мм.'зп.Чш.' more than one-fourth of one per cent of the whole amount зоз, sas.] of deposits, until such fund amounts to five per cent...a deduction of the reasonable expenses incurred in promote', "et the management thereof, and the amounts reserved for Jj"p°0n8ftol.s the guaranty fund,... | |
 | Wisconsin - Bills, Private - 1903 - 1006 pages
...cent, nor more than one per cent, of the whole amount of deposits', until such fund amounts to ten per cent, of the whole amount of deposits, which fund shall be thereafter maintained and held in that ratio to meet losses in its business from depreciation of the securities or otherwise. Ordinary... | |
 | Wisconsin. Banking Dept - Banks and banking - 1904 - 572 pages
...per cent, nor more than one per cent, of the whole amount of deposits, until such fund amounts to ten per cent, of the whole amount of deposits, which fund shall be thereafter maintained and held in that ratio to meet losses in its business from depreciation of the securities or otherwise. 0rdinary... | |
 | Massachusetts. Division of Banks and Loan Agencies - 1905 - 954 pages
...one-eighth nor ww.'siT.'sis.' more than one-fourth of one per cent of the whole amount Jio$38j' G' of deposits, until such fund amounts to five per cent...a deduction of the reasonable expenses incurred in f/rLm^tc.', net the management thereof, and the amounts reserved for !j"{,°0"ftorg the guaranty fund,... | |
 | Massachusetts. Division of Banks and Loan Agencies - 1908 - 704 pages
...last preceding not less than one-eighth nor more than one-fourth of one per cent of the whole amount of deposits, until such fund amounts to five per cent...SECTION 31. The income or profit of such corporation, after a deduction of the reasonable expenses incurred in the management thereof, and the amounts reserved... | |
 | Rhode Island - Banking law - 1908 - 86 pages
...one-fourth of one per centum of the whole amount of deposits, until such fund amounts to five per centum of the whole amount of deposits, which fund shall...from depreciation of its securities, or otherwise. SEC. 54. Reserve agents, within the meaning of this act, shall only include banks, national banking... | |
 | West Virginia - West Virginia - 1917 - 1608 pages
...next preceding, not less than one-eighth nor more than one-fourth of one per cent, of the whole amount of deposits, until such fund amounts to five per cent,...from depreciation of its securities or otherwise. (Code 1916, c. 54.) $ 24. Division of profits; dividends. — The income or profits of every such savings... | |
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