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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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Reports of Cases Heard and Determined in the Supreme ..., Volume 80; Volume 87

Marcus Tullius Hun, New York (State). Supreme Court - 1894 - 734 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. "§ 5242. All transfers of the notes, bonds, bills of exchange or other evidences of debt owing to...
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Commentaries on the Law of Private Corporations, Volume 6

Seymour Dwight Thompson - 1896 - 1228 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."* § 731O. What Claims Entitled to Distribution. — This distribution by the Comptroller is to include...
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United States Reports: Cases Adjudged in the Supreme Court, Volume 161

United States. Supreme Court, John Chandler Bancroft Davis, Henry Putzel, Henry C. Lind, Frank D. Wagner - 1896 - 772 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." " § 5242. All transfers of the notes, bonds, bills of exchange or other evidences of debt owing to...
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United States Circuit Courts of Appeals Reports: With Key-number Annotations ...

1897 - 1088 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." Under these statutes it seems clear that the assets of an insolvent national bank, when collected by...
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Reports of Cases Decided in the Appellate Courts of the State of ..., Volume 67

Illinois. Appellate Court, Edwin Burritt Smith, Martin L. Newell - 1897 - 710 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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The Law of Banks and Banking: Including Acceptance, Demand and Notice of ...

John Maxcy Zane - 1900 - 866 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. SEC. 5237. INJUNCTION AGAINST COMPTROLLER.— Whenever an association against which proceedings have been...
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Selected Cases and Statutes on the Law of Bankruptcy

Samuel Williston - 1902 - 680 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." In Cook Count}- National Bank v. United States, 107 US 445, it was ruled that the statute furnished...
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History of Coinage and Currency in the United States and the ..., Volume 10

Alonzo Barton Hepburn - 1903 - 692 pages
...the remainder of such 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 : Provided, however, That if such association against which proceedings have been so instituted, on...
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The National Bank Act: With All Its Amendments Annotated and Explained

John Melville Gould - 1904 - 326 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." See Eastern Townships Bank v. Vermont Bank of St. Albans, 22 Fed. 186; Armstrong v. Scott, 36 Id. 63,...
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Lawyers' Reports Annotated, Book 21

1905 - 1008 pages
...the remainder of the proceeds, if any, after the costs and expenses of such proceeding, and all debts and obligations of the bank are satisfied, shall be paid over to the stockholders. Section 47 provides that " all transfers of notes, bonds, bills of exchange or other evidences of flebt...
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