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" If losses have at any time been sustained by any such association, equal to or exceeding its undivided profits then on hand, no dividend shall be made; and no dividend shall ever be made by any association, while it continues its banking operations, to... "
The American Annual Cyclopædia and Register of Important Events ... - Page 302
1864
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Gold and Debt: An American Hand-book of Finance, with Over Eighty Tables and ...

William Lyman Fawcett - 1877 - 302 pages
...either in the form of dividends or otherwise, any portion of its capital. If losses have at any tune been sustained by any such association, equal to or...dividend shall ever be made by any association, while it continues its banking operations, to an amount greater than its net profits then on hand, deducting...
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Gold and Debt: An American Hand-book of Finance, with Over Eighty Tables and ...

William Lyman Fawcett - 1877 - 288 pages
...either in the form of dividends or otherwise, any portion of its capital. If losses have at any time been sustained by any such association, equal to or...dividend shall ever be made by any association, while it continues its banking operations, to an amount greater than its net profits then on hand, deducting...
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Acts of the State of Ohio

Ohio - 1877 - 650 pages
...then on hand, no dividend shall be made ; and no dividend shall ever be made by any banking company, while it shall continue its banking operations, to...then on hand, deducting therefrom its losses and bad and suspended debts ; and all debts due to a banking company on which interest is past due and unpaid...
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Laws of the United States Relating to Loans and the Currency, Since 1860

United States - 1878 - 310 pages
...in form of dividends or otherwise, any portion of its capital. And if losses shall at any time have been sustained by any such association equal to or...banking operations, to an amount greater than its ueM profits then on hand, deducting therefrom its losses and bad debts. And all debts due to any association,...
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A Treatise on the Law Relating to Banks and Banking: With an Appendix ...

John Torrey Morse - 1879 - 724 pages
...in form of dividends or otherwise, any portion of its capital. And if losses shall at any time have been sustained by any such association equal to or...exceeding its undivided profits then on hand, no dividend shull be made ; and no dividend shall ever be made by any association, while it shall continue its...
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National Bank Cases: Containing All Decisions of Both the Federal ..., Volume 2

Irving Browne - 1880 - 638 pages
...either in the form of dividends or otherwise, any portion of its capital. If losses have at any time been sustained by any such association, equal to or...dividend shall ever be made by any association, while it continues its banking operations, to an amount greater than its net profits then on hand, deducting...
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The Abridgment ... Containing the Annual Message of the President of the ...

United States. President - 1880 - 1080 pages
...either in the form of dividends or otherwise, any portion of its capital. If losses have, at any time, been sustained by any such association, equal to or...dividend shall ever be made by any association, while it continues its banking operations, to an amouut greater than its net profits then on hand, deducting...
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House Documents, Otherwise Publ. as Executive Documents: 13th ..., Volume 14

United States. Congress. House - 1292 pages
...either in the form of dividends or otherwise, any portion of its capital. If losses have, at any time, been sustained by any such association, equal to or...profits then on hand, no dividend shall be made ; and nodividend shall ever be made by any association, while it continues its banking operations, to an...
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Congressional Serial Set

1881 - 1302 pages
...either in the form oi dividends or otherwise, any portion of its capital. If losses have, at any time, been sustained by any such association, equal to or exceeding its undivided profits then on hand, 110 dividend shall be made ; and no dividend shall ever be made by any association, while it continues...
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Supreme Court Reporter, Volume 2

United States. Supreme Court - 1883 - 1004 pages
...form of dividends or otherwise, any portion of its capital. If losses have at any time been sustained equal to or exceeding its undivided profits then on...dividend shall ever be made by any association while it continues its banking operations, to an amount greater than its net profits then on hand, deducting...
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