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" All debts due to any association, on which interest is past due and unpaid for a period of six months, unless the same are well secured, and in process of collection, shall be considered bad debts within the meaning of this section. "
The Abridgment ... Containing the Annual Message of the President of the ... - Page 197
by United States. President - 1875
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Laws Enacted in the General Assembly of the Commonwealth of Pennsylvania ...

Pennsylvania. Laws, statutes, etc - 1860 - 994 pages
...Losses, relattra bad and suspended debts; and all debts due to a bank on which to> interest is paid, due and unpaid for a period of six months, unless the same shall be well secured or shall be in process of collection, shall be considered bad and suspended debts...
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Acts Passed at the First Session of the 1st Congress - 3d Session of the ...

United States - 1863 - 324 pages
...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, unless the same shall be well secured, and ehall be in process of collection, shall be considered bad debts within...
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The American Annual Cyclopædia and Register of Important Events ...

1864 - 878 pages
...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, unless the same shall be well secured, and shall be in process of collection, shall be considered bad debts within...
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The Merchants' Magazine and Commercial Review, Volume 51

1864 - 496 pages
...therefrom its losses and had debts. And all debts due to any association, on which interest is past due and unpaid for a period of six months, unless the same shall he well secured, and shall he in process of collection, shall he cousidered had debts within...
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The Voter's Text Book, Comprising a Collection of the Most Important ...

James M. Hiatt - 1868 - 426 pages
...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, unless the same shall be well secured, and shall be in process of collection, shall be considered bad debt, within...
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An Analytical Digest of the Laws of the United States, Volume 2

Frederick Charles Brightly - 1869 - 680 pages
...therefrom its losses and bad debts. And all debts due to any association, on which interest is past ly shall be well secured, and shall be in process of collection, shall be considered bad debts within...
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A Treatise on the Law Relating to Banks and Banking: With an Appendix ...

John Torrey Morse (Jr.) - 1870 - 600 pages
...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, unless the same shall be well secured, and shall be in process of collection, shall be considered bad debts within...
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Practical Information Concerning the Public Debt of the United States: With ...

William Adams Richardson - 1873 - 208 pages
...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, unless the same shall be well secured, i and shall be in process of collection, shall be considered bad debts within...
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Practical Information Concerning the Public Debt of the United States: With ...

William Adams Richardson - 1873 - 192 pages
...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, unless the same shall be well secured, and shall be in process of collection, shall be considered bad debts within...
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Report of the Secretary of the Treasury on the State of the Finances

United States. Department of the Treasury - 1875 - 926 pages
...losses and bad debts shall be •deducted from its net profits before any dividend shall be declared. Jt further provides that all debts due to an association...are well secured and in process of collection, shall be considered bad debts within the meaning of the law. And this provision is construed to include stocks...
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