 | 1918 - 1212 pages
...security of the shares of its own capital stock, nor be the purchaser or holder of auy such shares, unless such security or purchase shall be necessary to prevent loss upon a debt previouly contracted in good faith; and stock so purchased or acquired shall, within six months from... | |
 | 1901 - 1164 pages
...discounts on the security of the shares of Its own capital stock, * « * unless such security * * » shall be necessary to prevent loss upon a debt previously contracted in good faith." What, then, was the legislative purpose in regard to creating liens on the capital stock of banks?... | |
 | Virginia. Supreme Court of Appeals - 1885 - 770 pages
...or holder of any such stock, unless such security or purchase shall he necessary to prevent loss on a debt previously contracted in good faith, and stock...disposed of at public or private sale ; in default thereof a receiver may be appointed to close up the business of the association according to the provisions... | |
 | A.S. Pratt & Sons - 1886 - 252 pages
...security of the shares of its own capital stock, nor be the purchaser or holder of any such shares, unless such security or purchase shall be necessary...be sold or disposed of at public or private sale, or, in default thereof, a receiver may be appointed to close up the business of the association, according... | |
 | Michigan - 1887
...stockholders. No bank shall be the holder or purchaser of any portion of its capital stock unless such purchase shall be necessary to prevent loss upon a debt previously contracted in good faith. Stock so purchased shall in no case be held by the bank for a longer time than six months, if the stock... | |
 | John Torrey Morse (Jr.) - 1888 - 712 pages
...security of the shares of its own capital stock, nor be the purchaser or holder of any such shares, unless such security or purchase shall be necessary...purchase, be sold or disposed of at public or private sale ; or, in default thereof, a receiver may be appointed to close up the 1 § 135. Bank». Lanier, 11... | |
 | 1888 - 1064 pages
...security of the shares of its own capital stock, nor be the purchaser or holder of any such shares, unless such security or purchase shall be necessary...contracted in good faith; and stock so purchased or required shall, within six (6) months from the time of its purchase, be sold or disposed of at public... | |
 | 1912 - 1268 pages
...the security of the shares of its own capital stock nor be the purchaser or holder of any such shares unless such security or purchase shall be necessary to prevent loss upon debt previously contracted in good faith ;, and stock purchased or acquired shall, within six months... | |
 | Abraham Clark Freeman - 1889 - 1018 pages
...security of the shares of its own capital stock, nor be the purchaser or holder of any such shares, unless such security or purchase shall be necessary...and stock so purchased or acquired shall, within six (6) months from the time of its purchase, be sold or disposed of at public or private sale." This is... | |
 | Abraham Clark Freeman - 1889 - 1012 pages
...security of the shares of its own capital stock, nor be the purchaser or holder of any such shares, unless such security or purchase shall be necessary...faith; and stock so purchased or acquired shall, within BIX (6) months from the time of its purchase, be sold or disposed of at public or private sale." This... | |
| |
No association shall make any loan or discount on the security of the shares of its own capital stock, nor be the purchaser or holder of any such shares, unless such security or purchase shall be necessary to prevent loss upon a debt previously contracted... 
