 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...  Congressional Serial Set - Page xl1881Full view - About this book
 | Pennsylvania. Laws, statutes, etc - 1860 - 994 pages
...hand, no dividends shall be made, and no dividends shall ever be made by a bank while it shall continue its banking operations, to an amount greater than...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,... | |
 | 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,... | |
 | United States - 1863 - 324 pages
...dividend shall be made ; and no dividend shall ever be made by any association, while it shall continue 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,... | |
 | 1864 - 878 pages
...dividend shall be made ; and no dividend shall ever be made by any association, while it shall continue 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,... | |
 | Robert John Walker - 1864 - 406 pages
...made by any associa- Dividends retion, while it shall continue its banking operations, to an stricted. amount greater than its net profits then on hand, deducting therefrom its losses and bad debts. And all debts due to any ua(j debts association, on which interest is past due and unpaid for a defined.... | |
 | James M. Hiatt - 1868 - 438 pages
...dividend shall be made ; and no dividend shall ever be made by any association while it shall continue 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,... | |
 | Frederick Charles Brightly - 1869 - 680 pages
...dividend shall be made ; and no dividend shall ever be made by any association, while it shall continue p 4.? 3 Yx. all debts due to any association, on which interest is past due and unpaid for a period of six months,... | |
 | John Torrey Morse (Jr.) - 1870 - 600 pages
...dividend shall be made ; and no dividend shall ever be made by any association, while it shall continue 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,... | |
 | 1872 - 886 pages
...dividend shall be made ; and no dividend shall ever be made by any association, while it shall continue 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 post due and unpaid for a period of six mouths,... | |
 | William Adams Richardson - 1873 - 192 pages
...dividend shall be made; and no dividend shall ever be made by any association, while it shall continue 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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