 | Virginia. Supreme Court of Appeals - 1885 - 770 Seiten
...1864 (section 5,201 US Rev. Stat.), under which act the said bank was organ ized, provides : " That no association shall make any loan or discount on...stock, nor be the purchaser or holder of any such stock, unless such security or purchase shall he necessary to prevent loss on a debt previously contracted... | |
 | 1888 - 1064 Seiten
...13y the net of 1881 a new section was added to the prior banking law designated section 48, which is: "No association shall make any loan or discount on...contracted in good faith; and stock so purchased or required shall, within six (6) months from the time of its purchase, be sold or disposed of at public... | |
 | 1912 - 1268 Seiten
...5 of section 25 of the banking law, so far as material, provided as follows : "No such corporation shall make any loan or discount on the security of...or purchase shall be necessary to prevent loss upon debt previously contracted in good faith ;, and stock purchased or acquired shall, within six months... | |
 | Abraham Clark Freeman - 1889 - 1018 Seiten
...the act of 1881, a new section was added to the prior banking law, designated section 48, which is: " No association shall make any loan or discount on...and stock so purchased or acquired shall, within six (6) months from the time of its purchase, be sold or disposed of at public or private sale." This is... | |
 | Abraham Clark Freeman - 1889 - 1012 Seiten
...the act of 1881, a new section was added to the prior banking law, designated section 48, which is: " No association shall make any loan or discount on...faith; and stock so purchased or acquired shall, within BIX (6) months from the time of its purchase, be sold or disposed of at public or private sale." This... | |
 | United States - 1889 - 120 Seiten
...such security or purchase shall be necessary to preis waii , sea. vent joss Upon a debf. previoas]y contracted in good faith ; and stock so purchased...the time of its purchase, be sold or disposed of at puhьо^ф'»Ипи»м?;! lie or private sale ; or, in default thereof, a receiver may be stick."... | |
 | Irving Browne - 1889 - 824 Seiten
...Britton. part of the capital stock of the association actually paid in." Section 5201 provides that no association shall make any loan or discount on...the security of the shares of its own capital stock, nnless such security shall be necessary to prevent loss on a previously contracted debt. If the counts... | |
 | South Dakota - 1891 - 392 Seiten
...PROHIBITED.] No association shall make any loans or discounts on the security of the shares of its own stock, nor be the purchaser or holder of any such...stock so purchased or acquired shall within six months be sold or disposed of at public or private sale. § 20. ASSETS AND LIABILITIES — RESERVE.] Each... | |
 | Claudius Buchanan Patten - 1908 - 648 Seiten
...Act is as follows: "No bank shall loan or discount on the security of shares in its own capital stock unless such security or purchase shall be necessary...upon a debt previously contracted in good faith." When shares are taken under the contingency last named the Bank Act demands that they be sold within... | |
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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... 
