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" ... has not defaulted in the payment of any part of either principal or interest of any funded debt authorized to be contracted by it, and... "
Manual ...: Original Charter, the Banking Law Relating to Savings Banks, By ... - Page 94
1888
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The Bank and the Treasury: Bank Capitalization and the Problem of Elasticity

Frederick Albert Cleveland - 1905 - 464 pages
...for a period of fifteen years, and which for a period of ten years previous to such deposit has not defaulted in the payment of any part of either principal or interest of any funded debt authorized to be contracted by it, and which has at such date more than twenty thousand...
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Laws Passed by the ... Legislature of the State of Texas

Texas - 1905 - 626 pages
...interest thereof. (3) In bonds of any city, county, town or school district of this State, which has not defaulted in the payment of any part of either principal or interest thereof, within five years previous to making such investments. (4) In the first mortgage bonds of...
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The Bond Buyers' Dictionary

Samuel Armstrong Nelson - 1907 - 196 pages
...of the principal and interest thereof. In the interest-bearing bonds of this State. In the bonds of any State in the Union that has not, within ten years previous to making such investment by any such bank or institution, defaulted in the payment of any part of cither principal or interest...
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Acts of the General Assembly of the State of New-Jersey

New Jersey - 1907 - 850 pages
...appointed by the Supreme Court of this State by virtue of any law of this State. III. In the bonds of any State in the Union that has not. within ten years previous to making such investment, defaulted in the payment of any part of either principal or interest in any debt authorized to be contracted...
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Digest of the Banking, Trust Company, and Building and Loan Association Laws ...

Pennsylvania - 1907 - 194 pages
...stocks or bonds of the Commonwealth of Pennsylvania bearing interest. Third. In the stocks or bonds of any State in the Union that has not within ten years previous to making such investments, by such corporation, defaulted in the payment of any part of either principal or interest...
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Proceedings at the Annual Meeting of the National Civil Service Reform League

National Civil Service Reform League (U.S.) - 1907 - 772 pages
...a period of twenty-five years, and which for a period of ten years previous to such deposit has not defaulted in the payment of any part of either principal or interest of any funded debt authorized to be contracted by it, and which has at such date more than two hundred thousand...
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Acts of the General Assembly of the State of New Jersey

New Jersey - 1907 - 856 pages
...county, township, municipality or school district shall not, within the five years next preceding, have defaulted in the payment of any part of either principal or interest of any legal debt or obligation thereof ; and provided further, the total indebtedness of any borough and...
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The Bond Buyers' Dictionary

Samuel Armstrong Nelson - 1907 - 184 pages
...the Union that has not, within five years previous to making such investments by such corporations, defaulted in the payment of any part of either principal or interest thereof. In the bonds of any city, town or county which has, in each case, at the time of investment,...
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Investment Bonds: Their Issue and Their Place in Finance : a Book for ...

Frederick Lownhaupt - 1908 - 274 pages
...of the United States which has not within ten years previous to making such investment defaulted in payment of any part of either principal or interest of any debt authorized by the Legislature of such State. In the stocks and bonds of any incorporated city situated in one of...
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The Quarterly Journal of Economics, Volume 22

Charles Franklin Dunbar, Frank William Taussig, Abbott Payson Usher, Alvin Harvey Hansen, William Leonard Crum, Edward Chamberlin, Arthur Eli Monroe - 1908 - 722 pages
...existence for a period of ten years, and which for a period of ten years previous to such deposit has not defaulted in the payment of any part of either principal or interest of any funded debt authorized to be contracted by it, and whose net funded indebtedness does not exceed ten...
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