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" If losses have at any time been sustained by any such association equal to or exceeding its undivided profits then on hand, no dividend shall be made ; and no dividend shall ever be made by any association while it continues its banking operations, to... "
World's Congress of Bankers and Financiers: Comprising Addresses Upon ... - Page 240
by World's congress of bankers and financiers, Chicago, 1893 - 1893 - 615 pages
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Acts of the State of Ohio

Ohio - 1851 - 196 pages
...sustained by any banking company, equal to, or exceeding its undivided profits then on hand, no dividends shall be made, and no dividend shall ever be made by any banking company, while it shall continue its banking operations, to an amount greater than its net...
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Laws Enacted in the General Assembly of the Commonwealth of Pennsylvania ...

Pennsylvania. Laws, statutes, etc - 1860 - 994 pages
...undivided profits then on hand, no dividends shall be made, and no dividends shall ever be made by a bank while it shall continue its banking operations, to...profits then on hand, deducting therefrom its losses and Losses, relattra bad and suspended debts; and all debts due to a bank on which to> interest is paid,...
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Acts Passed at the First Session of the 1st Congress - 3d Session of the ...

United States - 1863 - 324 pages
...have been sustained by any such association equal to or exceeding its undivided profits then on hand, no dividend shall be made ; and no dividend shall...deducting therefrom its losses and bad debts ; and all debts due to any association, on which interest is past due and unpaid for a period of six months,...
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The Merchants' Magazine and Commercial Review, Volume 48

1863 - 512 pages
...by uny such association equal to or exceeding its undivided profits then on hand, no dividend sh.>ll be made ; and no dividend shall ever be made by any...its net profits then on hand, deducting therefrom it> losses and bad debts. And all debts due to any association, on which interest is past due and unpaid...
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The Merchants' Magazine and Commercial Review, Volume 48

William B. Dana - 1863 - 508 pages
...by any such association equal to or exceeding its undivided profits then on hand, no dividend sh ill be made ; and no dividend shall ever be made by any...to an amount greater than its net profits then on baud, deducting therefrom its losses and bad debts. And all debts dim to any association, on which...
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Journal: 1st-13th Congress . Repr. 14th Congress, 1st Session ..., Volume 1

United States. Congress. House - 1863 - 1180 pages
...dividend shall be made; and no dividjiul shall ever be made by any association, while it shall continuo its banking operations, to an amount greater than...deducting therefrom its losses and bad debts. And all debts due to any association, on which interest is past due and unpaid for a period of six months,...
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The American Annual Cyclopædia and Register of Important Events ...

1864 - 878 pages
...nave been sustained by any such association equal to or exceeding its undivided profits then on hand, no dividend shall be made ; and no dividend shall...deducting therefrom its losses and bad debts ; and all debts due to any association, on which interest is past due and unpaid for a period of six months,...
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American Slavery and Finances, Volumes 1-9

Robert John Walker - 1864 - 406 pages
...mon sbeen sustained by any such association equal to or exceeding its undivided profits then on hand, no dividend shall be made ; and no dividend shall ever be made by any associa- Dividends retion, while it shall continue its banking operations, to an stricted. amount greater...
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The Voter's Text Book: Comprising a Collection of the Most Important ...

James M. Hiatt - 1868 - 438 pages
...have been sustained by any such association equal to or exceeding its dividend profits then on hand, no dividend shall be made ; and no dividend shall...deducting therefrom its losses and bad debts. And all debts due to any association on which interest is past due and unpaid for a period of six months,...
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The Voter's Text Book, Comprising a Collection of the Most Important ...

James M. Hiatt - 1868 - 426 pages
...to or exceeding its dividend profits then on hand, no dividend shall be made ; and no dividend snail ever be made by any association while it shall continue...deducting therefrom its losses and bad debts. And all debts due to any association on which interest is past due and unpaid for a period of six months,...
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