 ... that any association has refused to pay its circulating notes, he may, instead of canceling its bonds, cause so much of them as may be necessary to redeem its outstanding notes to be sold at public auction in the city of New York, after giving thirty...  Hearings and Arguments Before the Committee ... - Page 113by United States. Congress. House. Committee on Banking and Currency - 1901Full view - About this book
 | William Lyman Fawcett - 1876 - 300 pages
...current market rates, not exceeding par, to the notes paid. (SEC. 5230.) Whenever the Comptroller has become satisfied, by the protest or the waiver and...for in section fifty-two hundred and twenty-seven, that any association has refused to pay its circulating notes, he may, instead of canceling its bonds,... | |
 | William Lyman Fawcett - 1877 - 288 pages
...current market rates, not exceeding par, to the notes paid. (Ssc. 5230.) Whenever the Comptroller has become satisfied, by the protest or the waiver and...for in section fifty-two hundred and twenty-seven, that any association has refused to pay its circulating notes, he may, instead of canceling its bonds,... | |
 | William Lyman Fawcett - 1877 - 302 pages
...current market rates, not exceeding par, to the notes paid. (SEC. 5230.) Whenever the Comptroller has become satisfied, by the protest or the waiver and...admission specified in section fifty-two hundred and twenty- six, or by the report provided for in section fifty-two hundred and twenty-seven, that any... | |
 | United States - 1878 - 308 pages
...sale of bonds SEC. 5230. Whenever the Comptroller has become satisat auction. IIM. sees. 47.48. ned, by the protest or the waiver and admission specified...for in section fifty-two hundred and twenty-seven, that any association has refused to pay its circulating notes, he may, instead of canceling its bonds,... | |
 | Luther Vanhorn Moulton - 1880 - 278 pages
...capital stock, beyond the amount invested in United States bonds. SEC. 5230. Whenever the Comptroller has become satisfied, by the protest or the waiver and...for in section fifty-two hundred and twenty-seven, that any association has refused to pay its circulating notes, he may, instead of canceling its bonds,... | |
 | Irving Browne - 1880 - 638 pages
...have a paramount lien upon assets of associations. — 109. (SEC. 5230.) Whenever the Comptroller has become satisfied, by the protest or the waiver and...hundred and twenty-six, or by the report provided for in sectionfifty-two hundred and twenty-seven, that any association has refused to pay its circulating... | |
 | A.S. Pratt & Sons - 1886 - 252 pages
...Sale of Bonds ; the "US to have a Lien upon Assets. SECTION 5230. — Whenever the Comptroller has become satisfied, by the protest or the waiver and...for in section fifty-two hundred and twenty-seven, that any association has refused to pay its circulating notes, he may, instead of canceling its bonds,... | |
 | John Torrey Morse (Jr.) - 1888 - 712 pages
...on being paid, be cancelled. § 48. (5230.) Auction Sale of Bonds. — Whenever the Comptroller has become satisfied, by the protest or the waiver and...for in section fifty-two hundred and twenty-seven, that any association has refused to pay its circulating notes, he may, instead of cancelling its bonds,... | |
 | United States - 1889 - 120 pages
...exceeding par, to the notes paid. atSa^ctiofn b°nda 109. (SEC- 5230.) Whenever the Comptroller has become satisfied, by the protest or the waiver and...for in section fifty-two hundred and twentyseven, that any association has refused to pay its circulating notes, he may, instead of canceling its bonds,... | |
 | Indianapolis monetary commission - 1898 - 638 pages
...shall be held for the following purpose, and for no other, namely : — Whenever the Comptroller of the Currency shall have become satisfied by the protest or the waiver and admission specified in section 5226, or by the report provided for in section 5227 of the Revised Statutes of the United States, that... | |
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