 | Massachusetts - 1894 - 760 pages
...of real and personal property upon such terms as may be agreed upon. SECT. 16. No such corporation shall make any loan or discount on the security of...be sold or disposed of at public or private sale. SECT. 17. The total liabilities to such corporation of any person, firm or corporation, other than... | |
 | Massachusetts - 1894 - 304 pages
...previously contracted in good faith ; and stock xxiv APPENDIX. so purchased shall, within six months from the time of its purchase, be sold or disposed of at public or private sale. SECT. 11. The shareholders of every such corporation shall be held individually liable in the same... | |
 | United States. Congress. House - 1863 - 1180 pages
...within thirty days from the date of such cancellation, be brought up to the requirements of the act ; in default of which a receiver may be appointed to...of the association according to the provisions of the fiftieth section of this act. " SEC. 16. And be it further enacted, That every association, after... | |
 | 1864 - 496 pages
...faith ; and stock so purchased or acquired shall, within six months from the time of its purchase, he sold or disposed of at public or private sale, in default of which a receiver may he appointed to close up the business of the association, according to the provisions of this act.... | |
 | Charles Tennant - 1866 - 894 pages
...disposed of, at public or private sale, within six months from the time of its purchase, in default a receiver may be appointed to close up the business of the Association. Sec. 36. Limitation of indebtedness prescribed. Sec. 37. Pledge of notes of circulation enjoined. Sec.... | |
 | James M. Hiatt - 1868 - 438 pages
...debt previously contracted in good faith; and stock so purchased or acquired, shall, within six months from the time of its purchase, be sold or disposed...according to the provisions of this act. SEC. 36. That no association shall, at any time, be indebted, or in any way liable, to an amount exceeding its... | |
 | James M. Hiatt - 1868 - 426 pages
...debt previously contracted in good faith; and stock so purchased or acquired, shall, within six months from the time of its purchase, be sold or disposed...close up the business of the association, according to ihe provisions of this act. SEC. 36. That no association shall, at any time, be indebted, or in any... | |
 | Frederick Charles Brightly - 1869 - 680 pages
...within thirty days from the date of such cancellation, be increased to the requirements of the act ; late, die or block, or cause or suffer the same to...counterfeiting any of the notes issued as aforesa the fiftieth section of this act. ibid. J 18. 16. Every association, after having complied with the... | |
 | 1884 - 550 pages
...from the time of its purchase, be sold or disposed of at public or private sale, or in default thereof a receiver may be appointed to close up the business of the association." While this section in terms prohibits a banking association from making a loan upon the security of... | |
 | William Adams Richardson - 1873 - 192 pages
...within thirty days from the date of such cancellation, be increased to the requirements of the act; in default of which a receiver may be appointed to...of the association according to the provisions of the fiftieth section of this act. DEPOSIT OF UNITED STATES BONDS. liminary to the commencement of banking... | |
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... on the security of the shares of its own capital stock, nor be the purchaser or holder of any such shares, unless such security or purchase shall be necessary to prevent loss upon a debt previously contracted in good faith; and stock so purchased... 
