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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... "
A Treatise on the Law of Banks and Banking - Page 1155
by John Torrey Morse (Jr.) - 1888
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National Bank Cases: Containing All Decisions of Both the Federal and State ...

Isaac Grant Thompson - 1878 - 1018 pages
...to provide a National currency," approved June 3, 1864 ; that section 29 of said act provides " that the total liabilities to any association of any person or of any company, corporation, or firm, Stewart v . The National Union Bank of Maryland. for money borrowed, including in the liabilities of...
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A Memoir of Benjamin Robbins Curtis, LL. D.: Memoir

Benjamin Robbins Curtis - 1879 - 520 pages
...firm, be valid or void in law ? The 20th section of the National Banking Law is as follows : " That the total liabilities to any association, of any person,...liabilities of the several members thereof, SHALL at no lime exceed one tenth of the amount of the capital stock paid in. PROVIDED, that the discount of bona...
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Acts of the State of Ohio, Volume 76

Ohio - 1879 - 368 pages
...the said act be amended BO as to read as follows: Section 25. The total liabilities of any person, company, corporation, or firm, for money borrowed, including in the liabilities of the several members thereof to any banking company herein authorized, shall at no time exceed onetenth...
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The Federal Reporter: Cases Argued and Determined in the ..., Volumes 241-242

1917 - 2042 pages
...violate, or willingly permit to be violated, any of the provisions of this title," etc. "Sec. 5200. The total liabilities to any association, of any person,...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. But the discount...
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McClain's Annotated Statutes of the State of Iowa: Showing the ..., Volume 1

Iowa - 1880 - 750 pages
...may be paid to the officers of the bank as may from time to time bo fixed in the by-laws. SKC. 18. The total liabilities to any association of any person,...the several members thereof, shall at no time exceed twenty per cent, of capital stock actually paid in ; provided, that the discount of bona fide bills...
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National Bank Cases: Containing All Decisions of Both the Federal ..., Volume 2

Irving Browne - 1880 - 638 pages
...with a capital stock of $50,000. By the twenty-ninth section of that act it is provided as follows: The total liabilities to any association of any person or of any company, etc., for money borrowed, etc., shall at no time exceed one-tenth of the amount of the capital stock...
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Reports of Cases in the Supreme Court of Appeals of Virginia

Virginia. Supreme Court of Appeals - 1880 - 964 pages
...with a capital stock of $50,000. By the twenty-ninth section of that act it is provided as follows : The total liabilities to any association of any person or of any company, &c., for money borrowed, &c., shall at no time exceed one-tenth part of the amount of the capital stock...
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The Doctrine of Ultra Vires: Illustrated and Explained by Selected Cases ...

George Washington Field - 1881 - 620 pages
...stock of $50,000 (13 Stat., 99). By the twenty-ninth section of the act it is provided as follows: 'The total liabilities to any association of any person,...for money borrowed, including in the liabilities of the company, or firm, the liabilities of the several members thereof, shall at no time exceed one-tenth...
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Weekly Notes of Cases Argued and Determined in the Supreme Court ..., Volume 10

1881 - 628 pages
...articles of association provided ' ' that the total liabilities to the association of any person or any company, corporation, or firm for money borrowed, including in the liabilities of a firm or company the liabilities of the several members thereof, shall at no time exceed one-tenth part...
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Senate Documents, Otherwise Publ. as Public Documents and ..., Volume 1

United States. Congress. Senate - 1882 - 1074 pages
...avoided. EXCESSIVE ACCOMMODATIONS. When it is found that the liabilities to a liank of any person, company, corporation, or firm, for money borrowed, including in the liabilities of the company or firm the liabilities of the several members thereof, exceed one-tenth of the capital...
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