 | 1908 - 314 pages
...dividends or otherwise, any portion of its capital. If losses have been at any time sustained by such bank equal to or exceeding its undivided profits then on...hand, no dividend shall be made, and no dividend shall be declared by any bank while it continues its banking business to any amount greater than its profits... | |
 | Texas - 1909 - 606 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...shall be made; and no dividend shall ever be made by a bank or bank and trust company while it continues its banking and trust operations to an amount greater... | |
 | Edward Henry Warren - 1909 - 736 pages
...of the capital ? The law prohibits the making of a dividend by a national bank from its capital or to an amount greater than its net profits then on...hand, deducting therefrom its losses and bad debts. The fact of the declaration of a dividend is in effect the assertion by the board of directors that... | |
 | Texas. Legislature. Senate - 1909 - 1392 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 exceeding its undivided proüts then on hand, no dividend shall be made ¡and no dividend shall ever be, made by a bank or... | |
 | United States - 1910 - 828 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 nett profits then on hand, deducting therefrom its losses and bad debts, what to be And all debts due... | |
 | Willis Seaver Paine - 1910 - 874 pages
...or any part thereof, in any manner or form to create or increase its capital stock. 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... | |
 | 1912 - 420 pages
...dividends or otherwise, any portion of its capital. If losses have been at any time sustained by such bank equal to or exceeding its undivided profits then on...hand, no dividend shall be made, and no dividend shall be declared by any bank while it continues its banking business to any amount greater than its profits,... | |
 | United States - 1911 - 184 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... | |
 | Nevada - 1911 - 652 pages
...dividends or otherwise, any portion of its capital. If losses have at any time been sustained by such bank equal to, or exceeding its undivided profits, then...hand, no dividend shall be made, and no dividend shall be declared by any bank while it continues its banking business to any amount greater than its profits... | |
 | Nevada - 1912 - 1448 pages
...dividends or otherwise, any portion of its capital. If losses have at any time been sustained by such bank hall have jurisdiction of all controversies at be declared by any bank while it continues its banking business to any amount greater than its profits... | |
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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... 
