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" No bank or bank officer shall give preference to any depositor or creditor by pledging the assets of the bank as collateral security... "
Annual Report of the Commissioner of the Banking Department of the State of ... - Page xlvii
by Michigan. Banking Division - 1914
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Official Opinions of the Attorneys General of the United States ..., Volume 29

United States. Department of Justice - 1911 - 702 pages
...to the Wisconsin Statutes of 1898, and the pertinent part (hereof in as follows: " No bank, banker, or bank officer shall give preference to any depositor...pledging the assets of the bank as collateral security; * * *" There is evidently nothing in this provision which prohibits the State bank from pledging, as...
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Official Opinions of the Attorneys General of the United States ..., Volume 31

United States. Department of Justice - 1920 - 740 pages
...* * *." Section 17-b of the act of April 28, 1915, ch. 30, p. 74, supra, provides: " No bank * * * shall give preference to any depositor or creditor...pledging the assets of the bank as collateral security * * *. Any pledge, assignment or transfer of any of the assets of a bank in violation of this section...
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General Laws of the State of Kansas

Kansas - 1897 - 592 pages
...or draft, shall be personally liable to such bank for the amount so paid. SEC. 40. No bank, banker or bank officer shall give preference to any depositor...pledging the assets of the bank as collateral security : Provided, That any bank may borrow money for temporary purposes not to exceed in amount fifty per...
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Session Laws of 1890-1905: Passed at the 1st-8th Regular Session of the ...

Oklahoma - 1899 - 278 pages
...shall be covered by his official bond. SECTION 41. Xo bank, banker or bank official shall ^" s "^ vor give preference to any depositor or creditor by pledging the assets of the bank as collateral security: Provided, That any bank may borrow money for temporary purposes, not to exceed in amount 50 per cent...
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Territory of Oklahoma, Session Laws ... of the Legislative Assembly

Oklahoma - 1899 - 272 pages
...covered by his official bond. SECTION 41. No bank, banker or bank official shall j t ? n "JJ|J^ vor give preference to any depositor or creditor by pledging the assets of the bank as collateral security: Prorided, That any bank may borrow money for temporary purposes, not to exceed in amount 50 per cent...
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Session Laws of 1890-1905: Passed at the 1st-8th Regular Session of the ...

Oklahoma - 1899 - 278 pages
...shall be covered by his official bond. SECTION 41. Xo bank, banker or bank official shall ^"s"^vor give preference to any depositor or creditor by pledging the assets of the bank as collateral security: Provided, That any bank may borrow money for temporary purposes, not to exceed in amount 50 per cent...
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Combined Kansas Reports

Kansas - 1900 - 1108 pages
...order or draft shall be personally liable to such bank for the amount so paid. $ 8. No bank, banker or bank officer shall give preference to any depositor...pledging the assets of the bank as collateral security ; provided, that any bank may borrow money for temporary purposes not to exceed in amount fifty per...
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A History of Banking in the United States

John Jay Knox - 1900 - 958 pages
...the act. Section seven makes bank officers liable for overdrafts. Banks are prohibited from giving preference to any depositor or creditor by pledging the assets of the bank as collateral, but any bank may borrow money for temporary purposes, not to exceed, hi amount fifty per cent. of its...
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A History of Banking in the United States

John Jay Knox - 1900 - 994 pages
...seven makes bank officers liabU for overdrafts. Banks are prohibited from giving preference to aiiT depositor or creditor by pledging the assets of the bank as collateral but any bank may borrow money for temporary purposes, not to exceed in amount fifty per cent, of its...
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The Laws of Wisconsin

Wisconsin - 1903 - 1058 pages
...properly entered upon its mimites. Assets not to be pledged as security. SECTION 31. No bank, banker, or bank officer shall give preference to any depositor...pledging the assets of the bank as collateral security ; provided, that any bank may borrow money for temporary purposes, and may pledge assets of the bank...
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