 | Ohio - 1851 - 196 pages
...purchaser of any portion of its capital stock, or of the capital stock of any other incorporated company, unless such purchase shall be necessary to prevent...such debt, independent of any lien upon such stock; and stock so purchased shall in no case be held by the company so purchasing, for a longer period of... | |
 | Michigan - 1857 - 1012 pages
...,/.,'. , , nor hold its own stock of any other incorporated company, unless such purchase •tock. shall be necessary to. prevent loss upon a debt previously...such debt, independent of any lien upon such stock; and stock so purchased shall in no case be held by the bank so purchasing, for a longer period of time... | |
 | Michigan, Thomas McIntyre Cooley - 1857 - 998 pages
...¡tsonrn stock of any other incorporated company, unless such purchase or other Capital ,,,, ч ii • ^T shall be necessary to prevent loss upon a debt previously...insure the payment of such debt, independent of any Hen upon such stock; and stock so purchased shall in no case be held by the bank so purchasing, for... | |
 | Michigan - 1857 - 686 pages
...™P'"i"^k chase shall be necessary to prevent lost upon a debt previously contract- othercapitai •ed in good faith, on security which at the time was deemed adequate tostock' insure the payment of such debt, independent of any lien upon such stock ; and stock so purchased... | |
 | 1863 - 512 pages
...holder of any portion of its capital stock, or of the capital stock of any other incorporated company, unless such purchase shall be necessary to prevent...independent of any lien upon such stock, or in case of forfeiture of stock for the non-payment of instalments due thereon ; and stock so purchased or acquired... | |
 | William B. Dana - 1863 - 508 pages
...holder of any portion of its capital stock, or of the capital stock of any other incorporated company, unless such purchase shall be necessary to prevent...independent of any lien upon such stock, or in case of forfeiture of stock for the non-payment of instalments due thereon ; and stock so purchased or acquired... | |
 | United States - 1863 - 324 pages
...st™¿ Ôf'mbèf así sary to prevent loss upon a debt previously contracted in good »«cuiion, unless, faith, on security which, at the time, was deemed...independent of any lien upon such stock ; or in case of forfeiture of stock' for the non-payment of instalments due thereon, and stock so purchased or acquired,... | |
 | United States. Congress. House - 1863 - 1180 pages
...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 or acquired shall, within six months from the time of its purchase, be sold... | |
 | 1864 - 878 pages
...holder of any portion of its capital stock, or of the capital stock of any other incorporated company, unless such purchase shall be necessary to prevent...independent of any lien upon such stock, or in case of forfeiture of such stock for the non-payment of instalments due thereon, and stock so purchased or... | |
 | Robert John Walker - 1864 - 414 pages
...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...independent of any lien upon such stock, or in case of forfeiture of stock for the non-payment of instalments due thereon ; and stock so purchased or acquired... | |
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No association shall make any loan or discount 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... 
