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" ... for capital, nor be valid or warrant the cancellation of stock certificates, or diminish the personal liability of stockholders until such reduction has been approved by the Commissioner of the Banking Department. Such approval must be based upon... "
Annual Report of the Commissioner of the Banking Department of the State of ... - Page 6
by Michigan. Banking Division - 1892
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Public and Local Acts of the Legislature of the State of Michigan, Part 2

Michigan - 1887
...required in section 228 one for capital, nor be valid or warrant the cancellation of stock certificates, or diminish the personal liability of stockholders...bank will not be impaired by the proposed reduction. SBC. 11. A bank may purchase, hold and convey real estate Purposes for for the following purposes,...
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Documents Accompanying the Journal of the House, Part 1

Michigan. Legislature - 1891 - 1144 pages
...required in section one for capital, nor be valid or warrant the cancellation of stock certificates, or diminish the personal liability of stockholders...purchase, hold and convey real estate for the following purposes, but no other: Firsf, Such as shall be necessary for the convenient transaction of its business,...
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Annual Report of the Commissioner of the Banking Department of the ..., Volume 2

Michigan. Banking Division - 1891 - 178 pages
...required in section one for capital, nor be valid or warrant the cancellation of stock certificates, or diminish the personal liability of stockholders...purchase, hold and convey real estate for the following purposes, but no other: Bank may reduce' capital. when such action valid. purposes for 144 apartments...
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Annual Report of the Commissioner of the Banking Department of the State of ...

Michigan. Banking Division - 1892 - 312 pages
...stockholders uatil such reduction has bcen approved by the Commissioner of the Banking Departmeat. Such approval must be based upon a finding by him that the security oi existing creditors of the bank will not be impaired by the proposed reduction. SEC. 11. A bank may...
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Public Acts and Joint and Concurrent Resolutions of the Legislature of the ...

Michigan - 1893 - 642 pages
...required in section one of for capital, nor be valid or warrant the cancellation of stock certificates, or diminish the personal liability of stockholders...will not be impaired by the proposed reduction. SEC. 29. Any bank combining the business of a commercial bank and a savings bank shall keep separate books...
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Journal of the Senate of the State of Michigan, Volume 2

Michigan. Legislature. Senate - 1893 - 924 pages
...required in section one for capital, nor be valid or warrant the cancellation of stock certificates, or diminish the personal liability of stockholders...will not be impaired by the proposed reduction. SEC. 29. Any bank combining the business of a commercial bank and a savings bank shall keep separate books...
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Acts of the Legislature of the State of Michigan, Part 2

Michigan - 1893 - 648 pages
...of stock. for capital, nor be valid or warrant the cancellation of stock certificates, or diminmish the personal liability of stockholders until such...has been approved by the Commissioner of the Banking Departnrennt. Such approval must he based upon a finding by imimmn that tire security of existing creditors...
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Annual Report of the Commissioner of the Banking Department of the State of ...

Michigan. Banking Division - 1894 - 344 pages
...may ;HV' ir ,' aruclee, Increase or reduce capital. Whfп such acnnn valid. THE STATE OF MICHIGAN. until such reduction has been approved by the Commissioner...bank will not be impaired by the proposed reduction. SEG, 11. A bank may purchase, hold and convey real Purposee tor estate for the following purposee,...
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Annual Report of the Commissioner of the Banking Department of the State of ...

Michigan. Banking Division - 1895 - 352 pages
...cancellation of stock certificates, or diminish the pereonal liability of stockholders THE STATE OF MICHIGAN. until such reduction has been approved by the Commissioner...bank will not be impaired by the proposed reduction. SBC. 11. A bank may purchase, hold and convey real Purpose» tur estate for the following purposee,...
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The Laws of Wisconsin

Wisconsin - 1897 - 1392 pages
...provisions of this act for capital, nor be valid or warrant the cancellation of stork certificates, or diminish the personal liability of stockholders, until such reduction has been approved by the bank commissioner. Such approval must be based upon a finding by him that the security of the existing...
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