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" The total liabilities to any association, of any person, or of any company, corporation, or firm for money borrowed, including in the liabilities of a company or firm the liabilities of the several members thereof, shall at no time exceed onetenth part... "
Commercial Banking Practice Under the Federal Reserve Act: The Law and ... - Page 43
by National Bank of Commerce in New York - 1918 - 127 pages
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Public Documents of Massachusetts, Volume 6, Part 1

Massachusetts - 1894 - 760 pages
...borrowed upon personal security, including in the liabilities of a partnership or company not incorporated the liabilities of the several members thereof, shall at no time exceed five per cent, of such deposits and income. corporation Seventh, Five per cent, of the deposits of...
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Journal: 1st-13th Congress . Repr. 14th Congress, 1st Session ..., Volume 1

United States. Congress. House - 1863 - 1180 pages
...person, or of any company, corporation, or firm, for money borrowed, including in the liabilities of a company or firm the liabilities of the several members thereof, shall at no time exceed one-tenth part of the amount of the capital stock of such association actually paid in: Provided, That...
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The Merchants' Magazine and Commercial Review, Volume 48

William B. Dana - 1863 - 510 pages
...liabilities as acceptor, one-fifth ; and exclusive of liabilities on such bills of exchange, one-tenth part of the amount of the capital stock of such association actually paid in. SEC. 48. And be it further enacted, That no association shall, at any time, pay out on loans or discounts,...
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Acts Passed at the First Session of the 1st Congress - 3d Session of the ...

United States - 1863 - 324 pages
...liabilities as acceptor, One fifth ; and exclusive of liabilities on such bills of exchange, one tenth part of the amount of the capital stock of such association actually paid in. SEC. 48. And be it further enacted, That no association shall, What notes as•', ,. , . i • i />,...
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American Slavery and Finances, Volumes 1-9

Robert John Walker - 1864 - 406 pages
...liabilities as acceptor, one-fifth ; and exclusive of liabilities on such bills of exchange, one-tenth part of the amount of the capital stock of such association- actually paid in. SEC. 48. And be it further enacted, That no association Uncur<ent shall, at any time, pay out on loans...
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The American Annual Cyclopædia and Register of Important Events ...

1864 - 878 pages
...liabilities as acceptor, one fifth ; ind exclusive of liabilities on such bills of exchange, CDC tenth part of the amount of the capital stock of such association actually paid in. Sic. 43. And be it further enacted. That no association atiall, at any time, pay out on loans or discounts,...
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The Voter's Text Book: Comprising a Collection of the Most Important ...

James M. Hiatt - 1868 - 438 pages
...person, or of any company, corporation, or firm for money borrowed, including in the liabilities of a company or firm the liabilities of the several members thereof, shall at no time exceed one-tenth part of the amount of the capital stock of such association actually paid in: Provided, That...
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An Analytical Digest of the Laws of the United States

Frederick Charles Brightly - 1869 - 680 pages
...Deration or firm, for money borrowed, including in the liabilities of a company or firm Limibition~oV the liabilities of the several members thereof, shall at no time exceed one-tenth part amount of indebtedntvi. 3 Juno 1804. Ibid. 5 30. Ruto of interest. Penalty for usury....
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A Treatise on the Law Relating to Banks and Banking: With an Appendix ...

John Torrey Morse (Jr.) - 1870 - 600 pages
...person, or of any company, corporation, or firm for money borrowed, including in the liabilities of a company or firm the liabilities of the several members thereof, shall at no time exceed one-tenth part of the amount of the capital stock of such association actually paid in : Provided,...
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Reports of Decisions Rendered in the Circuit and District Courts ..., Volume 2

United States. Circuit Courts, Benjamin Vaughan Abbott - 1871 - 648 pages
...Stewart v. National Union Bank of Maryland. firm, for money borrowed, including in the liabilities of a company or firm the liabilities of the several members thereof, shall at no time exceed one-tenth part of the amount of the capital stock actually paid in." It contains no penalty, and no...
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