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" Sixth. To prescribe by its board of directors, by-laws not inconsistent with law, regulating the manner in which its general business may be conducted, and the privileges granted to it by law may be exercised and enjoyed. Seventh. To exercise by its board... "
Annual Report of the Commissioner of the Banking Department of the State of ... - Page lxi
by Michigan. Banking Division - 1919
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United States Reports: Cases Adjudged in the Supreme Court at ..., Volume 165

United States. Supreme Court, John Chandler Bancroft Davis, Henry Putzel, Henry C. Lind, Frank D. Wagner - 1897 - 784 pages
...thereof, dismiss such officers or any of them at pleasure, and appoint others to fill their places. Sixth. To prescribe, by its board of directors, by-laws not inconsistent with law. Seventh. To exercise, by its board of directors or duly authorized officers or agents, subject to law,...
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The American and English Encyclopedia of Law, Volume 16

John Houston Merrill, Charles Frederic Williams, Thomas Johnson Michie, David Shephard Garland - 1891 - 1052 pages
...2. Prescribing By-laws — Authority For.—h. national banking association is empowered by statute to prescribe, by its board of directors, by-laws not inconsistent with law, regulating the manner 1. Neither this clause nor that con- See also Lockwood v. Mechanics' Xat. cerning the discounting ot...
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Session Laws

South Dakota - 1891 - 392 pages
...the penalty thereof, dismiss such officers or any of them and appoint others to fill their places. Sixth. To prescribe by its board of directors by-laws not inconsistent with the law, regulate the manner in which its stock shall be transferred, its directors elected or appointed,...
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Money and Banking Illustrated by American History, Rev. and Continued to the ...

Horace White - 1911 - 576 pages
...require bonds of them and fix the penalty thereof, and to dismiss at pleasure such officers or employees. Sixth. To prescribe by its board of directors, by-laws...inconsistent with law, regulating the manner in which its general business may be conducted, and the privileges granted to it by law may be exercised and enjoyed....
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Session Laws

Wyoming - 1911 - 850 pages
...thereof, dismiss such officers, or any of them, at pleasure and appoint others to fill their places. SIXTH — To prescribe by its board of directors, by-laws not inconsistent with law, for the regulation and management of all its business affairs. SEVENTH — The exercise by its board...
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Annual Report of the Attorney General of the State of Michigan

Michigan. Department of Attorney General - 1913 - 722 pages
...of 1897) does not limit the number of directors. Section 4 of the law tSection 6093, Compiled Laws 1897) provides in part that a bank, upon filing its...have power: ''Fifth. To elect or appoint directors * 1 *." "Sixth. To prescribe by its board of directors, by-laws not inconsistent with law. regulating...
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United States Congressional Serial Set

1913 - 714 pages
...in section 5136, Revised Statutes, paragraphs 6 and 7. In paragraph 6 the association is given power to prescribe, by its board of directors, by-laws not...inconsistent with law, regulating the manner in which its general business shall be conducted, and the privileges granted to it by law exercised and enjoyed;...
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Money and Banking

John Thom Holdsworth - 1914 - 464 pages
...require bonds of them and fix the penalty thereof, and to dismiss at pleasure such officers or employees. Sixth. To prescribe by its board of directors, by-laws...inconsistent with law. regulating the manner in which its general business may he conducted, and the privileges granted to it by law may be exercised and enjoyed....
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The Federal Reserve Act of 1913: History and Digest

Virginius Gilmore Iden - 1914 - 138 pages
...require bonds of them and fix the penalty thereof, and to dismiss at pleasure such officers or employees. Sixth. To prescribe by its board of directors, bylaws...inconsistent with law, regulating the manner in which its general business may be conducted, and the privileges granted to it by law may be exercised and enjoyed....
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California Red Book: Hillyers̓ Legal Manual, 1914

Curtis Hillyer - 1914 - 1628 pages
...them and fix the penalty thereof, and to dismiss at pleasure such officers or employees. By-Laws. — ount thereof and the piirpose or purposes to which...the proceeds thereof are to be applied, and that, in general business may be conducted, and the privileges granted to it by law may be exercised and enjoyed....
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