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" Sculy, a regulation to prevent these associations from splitting on the rock which has ruined so many banks, to wit, that of lending too much of their capital to one person or firm. The intention being to protect the association and its stockholders and... "
Annual Report of the Commissioner of the Banking Department of the State of ... - Page xxxii
by Michigan. Banking Division - 1908
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Albany Law Journal, Volume 11

1875 - 438 pages
...regulation to prevent these associations from splitting on the rock which has ruined so many banks, to wit, that of lending too much of their capital to one person...being to protect the association and its stockholders aud creditors from unwise banking, we cannot suppose it was meant to injure them by forbidding recovery...
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The American Reports: Containing All Decisions of General ..., Volume 13

Isaac Grant Thompson - 1875 - 842 pages
...is to prevent these associations from splitting on the rock which has ruined so many banks, to wit: that of lending too much of their capital to one person or firm. The 29th section provides: "That the total liabilities to any association, of any person, or of any company,...
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National Bank Cases: Containing All Decisions of Both the Federal and State ...

Isaac Grant Thompson - 1878 - 1018 pages
...conferred to make or create loans. Fowler v. Scully. the rock which has ruined so many banks, to wit: That of lending too much of their capital to one person or firm. The 29th section provides: " That the total liabilities to any association, of any person, or of any company,...
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National Bank Cases: Containing All Decisions of Both the Federal ..., Volume 2

Irving Browne - 1880 - 638 pages
...regulation to prevent these associations from splitting on the rock which has ruined so many banks, to wit, that of lending too much of their capital to one person...banking, we cannot suppose it was meant to injure them by forbidden recovery of the injudicious loans. We should not interpret the section so as to carry its...
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The Doctrine of Ultra Vires: Illustrated and Explained by Selected Cases ...

George Washington Field - 1881 - 620 pages
...is to prevent these associations from splitting on the rock which has ruined so many banks; to- wit, that of lending too much of their capital to one person or firm. The 29th section provides: 'That the total liabilities to any association of any person, or of any company,...
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Annual Report of the Commissioner of the Banking Department of the State of ...

Michigan. Banking Division - 1905 - 448 pages
...to prevent •these associations from splitting on the rock which has mined so many hanks, to wit, that of lending too much of their capital to one person or firm. The intention heing to protect the association and its stockholders and ereditors from unwise hanking, we cannot...
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Annual Report of the Commissioner of the Banking Department of the State of ...

Michigan. Banking Division - 1906 - 474 pages
...regulation to prevent these associations from splitting on the rock wbich has ruined so many banks, to wit, that of lending too much of their capital to one person...to protect the association and its stockholders and ereditors from unwise bankmg, we cannot suppose it was meant to injure them by forbidding recovery...
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Annual Report of the Commissioner of the Banking Department of the State of ...

Michigan. Banking Division - 1915 - 780 pages
...regulation to prevent these associations from splitting on the rock which has ruined so many banks, to wit, that of lending too much of their capital to one person or firm. The intention being to protect the aseociation and its stockholders and creditors from unwise banking, we cannot suppose it was meant...
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Annual Report of the Commissioner of the Banking Department of the State of ...

Michigan. Banking Division - 1916 - 796 pages
...regulation to prevent these associations from splitting on the rock which has ruined so many banks, to wit, that of lending too much of their capital to one person...banking, we cannot suppose it was meant to Injure them by forbidIn Vol. 29 of tbe Amer. & Eng. Enoy! of Laws. 2nd ed. p. 382. we flnd the following with respect...
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Annual Report of the Commissioner of the Banking Department of the State of ...

Michigan. Banking Division - 1919 - 850 pages
...regulation to prevent these associations from splitting on the rock which has ruined so many banks, to wit, that of lending too much of their capital to one person...its stockholders and creditors from unwise banking, wo cannot suppose it was meant to injure them by forbidding recovery of the injudicious loans." In...
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