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" ... paid over to him, shall make further dividends on all claims previously proved or adjudicated; and the remainder of the proceeds, if any, shall be paid over to the shareholders of such association, or their legal representatives, in proportion to... "
Annual Report of the Commissioner of the Banking Department of the State of ... - Page 18
by Michigan. Banking Division - 1892
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The Supreme Court Reporter, Volume 13

1893 - 1094 pages
...the remainder of the proceeds, if any, shall be paid over to the shareholders of such association, or their legal representatives, in proportion to the stock by them respectively held." Section 5242 reads: "All transfers of the notes, bonds, bills of exchange, or other evidences of debt...
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Supreme Court Reporter, Volume 2

United States. Supreme Court - 1883 - 1004 pages
...the remainder of the proceeds, if any, shall be paid over to the shareholders of such association, or their legal representatives, in proportion to the stock by them respectively held." This section provides for the distribution of the entire assets of the bank, giving no preference to...
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United States Reports, Supreme Court: Cases Argued and Adjudged ..., Volume 17

United States. Supreme Court - 1883 - 890 pages
...the remainder of the proceeds, if any, shall be paid over to the shareholders of such association, or their legal representatives, in proportion to the stock by them respectively held. This section provides for the distribution of the entire assets of the bank, giving no preference to...
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The Northeastern Reporter, Volume 48

1898 - 1156 pages
...and the remainder of the proceeds, If any, shall be paid over to the shareholders of such association or their legal representatives In proportion to the stock by them respectively held.' It has been held that under this section the creditor was at liberty to present his claim to the comptroller...
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Public and Local Acts of the Legislature of the State of Michigan, Part 2

Michigan - 1887
...the remainder of the proceeds, if any, after the costs and expenses of such proceedings and all debts and obligations of the bank are satisfied, shall be...representatives, in proportion to the stock by them respectively heldSEC. 58. Every president, director, cashier, treasurer, teller, clerk or agent of any bank, who...
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Pratt's Digest of the National Bank Act and Other Laws Relating to National ...

A.S. Pratt & Sons - 1886 - 252 pages
...the remainder of the proceeds, if any, shall be paid over to the shareholders of such association, or their legal representatives, in proportion to the stock by them respectively held. Bank of Bethel v. Pahquioque Bank, 14 Wall., 383. The claimants must be first paid in full, that is,...
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A Treatise on the Law of Banks and Banking, Volume 2

John Torrey Morse (Jr.) - 1888 - 712 pages
...the remainder of the proceeds, if any, shall be paid over to the shareholders of such association, or their legal representatives, in proportion to the stock by them respectively held. (<f ) (5237.) Injunction on Receiver. — Whenever an association against which proceedings have been...
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The National-Bank Act and Other Laws Relating to National Banks, from the ...

United States - 1889 - 120 pages
...the remainder of the proceeds, if any, shall be paid over to the shareholders of such association, or their legal representatives, in proportion to the stock by them respectively held, injunctionupon 116. (SEC. 5237.) Whenever an association against which receivership. v ' See sec. 736,...
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Documents Accompanying the Journal of the House, Part 1

Michigan. Legislature - 1891 - 1144 pages
...the remainder of the proceeds, if any, after the costs and expenses of such proceedings and all debts and obligations of the bank are satisfied, shall be...treasurer, teller, clerk or agent of any bank, who embezzles, abstracts or willfully misapplies any of the moneys, funds, credits or property of the bank,...
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Annual Report of the Commissioner of the Banking Department of the ..., Volume 2

Michigan. Banking Division - 1891 - 178 pages
...the remainder of the proceeds, if any, after the costs and expenses of such proceedings and all debts and obligations of the bank are satisfied, shall be...treasurer, teller, clerk or agent of any bank, who embezzles, abstracts or willfully misapplies any of the moneys, funds, credits or property of the bank,...
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