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" such security or purchase shall be necessary to prevent loss upon a debt previously contracted in good faith, and stock so purchased or acquired shall be sold at public or private sale, or otherwise disposed of, within six months from the time of its... "
Laws of Missouri - Page 186
by Missouri - 1909
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United States Reports: Cases Adjudged in the Supreme Court at ..., Volume 301

United States. Supreme Court, John Chandler Bancroft Davis, Henry Putzel, Henry C. Lind, Frank D. Wagner - 1938 - 868 pages
...discount on the security of its own capital stock nor be a purchaser or hold its shares unless the security or purchase shall be necessary to prevent loss upon a debt previously contracted; it requires that the stock so obtained shall be sold within six months. Defendant suggests that, save...
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Acts of the State of Ohio

Ohio - 1851 - 196 pages
...portion of its capital stock, or of the capital stock of any other incorporated company, unless such purchase shall be necessary to prevent loss upon a debt previously contracted in good faith, on security which, at the time, was deemed adequate to insure the payment of such debt, independent...
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Acts and Joint Resolutions

Iowa - 1858 - 604 pages
...portion of its capital stock, or of the capital stock of any other incorporated company, unless such purchase shall be necessary to prevent loss upon a debt previously contracted NO branch shnii in good faith, on security which at the time was deemed my oth'rstocks, adequate to...
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Laws Enacted in the General Assembly of the Commonwealth of Pennsylvania ...

Pennsylvania. Laws, statutes, etc - 1860 - 994 pages
...of the capitaphai stock 1 of ta ' stoc k of any other incorporated bank, unless such purchase buki. shall be necessary to prevent loss upon a debt previously contracted in good faith, on security, which at the time was deemed adequate to insure the payment of such debt, independent...
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The Merchants' Magazine and Commercial Review, Volume 48

1863 - 512 pages
...portion of its capital stock, or of the capital stock of any other incorporated company, unless such purchase shall be necessary to prevent loss upon a debt previously contracted in good filth, oil security which, at the time, was deemed adequate to insure the payment of such debt, independent...
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American Slavery and Finances, Volumes 1-9

Robert John Walker - 1864 - 406 pages
...its capital stock, or forbidden. o f the capital stock of any other incorporated company, unless such purchase shall be necessary to prevent loss upon a debt previously contracted in good faith, or security which, at the time, was deemed adequate to insure the payment of such debt, independent...
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The Statutes at Large, Treaties, and Proclamations of the United ..., Volume 13

United States - 1866 - 906 pages
...security of their nor " e tne purchaser or holder of any such shares, unless such security own stock, &c. or purchase shall be necessary to prevent loss upon...faith ; and stock so purchased or acquired shall, within six months from the time of its purchase, be sold or disposed of at public or private sale,...
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Practical Information Concerning the Public Debt of the United States: With ...

William Adams Richardson - 1873 - 192 pages
...or holder shares, except in of any such sh?ires, unless such security or purchase shall certam cases be necessary to prevent loss upon a debt previously...faith ; and stock so purchased or acquired shall, within six months from the time of its purchase, be sold or disposed of at public or private sale,...
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Practical Information Concerning the Public Debt of the United States: With ...

William Adams Richardson - 1873 - 208 pages
...purchaser or holder shares, except in of any such shares, unless such security or purchase shall c be necessary to prevent loss upon a debt previously...good faith; and stock so purchased or acquired shall, within six months from the time of its purchase, be sold or disposed of at public or private sale,...
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Acts of the State of Ohio

Ohio - 1877 - 650 pages
...purchaser of any portion of the capital stock of it or any other incorporated company, unless such purchase shall be necessary to prevent loss upon a debt previously contracted in good faith, or security which at the time was deemed adequate to insure the payment of such debt, independent of...
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