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" No national banking association shall at any time be indebted, or in any way liable, to an amount exceeding the amount of its capital stock at such time actually paid in and remaining undiminished by losses or otherwise, except on account of demands of... "
Annual Report of the Secretary of the Treasury on the State of the Finances ... - Page 562
by United States. Department of the Treasury - 1917
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Laws of the United States Relating to Loans and the Currency, Since 1860

United States - 1878 - 310 pages
...Second. On account of moneys deposited with, or collected by, such association. Third. On account of bills of exchange or drafts drawn against money actually on deposit to the credit of such association, or due thereto. Fourth. On account of liabilities to its stockholders for dividends...
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House Documents, Otherwise Publ. as Executive Documents: 13th ..., Volume 12

United States. Congress. House - 1879 - 690 pages
...paid iii, except on account (1) of their circulating notes; (2) their deposits or collections ; (¡5) bills of exchange or drafts drawn against money actually on deposit to their credit or due to them ; and (4) liabilities to their owîi stockholders for reserved profits....
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A Few Facts and Suggestions on Money, Trade, and Banking

Joseph Henry Walker - 1881 - 124 pages
...paid in, except on account (1) of their circulating notes; (2) their deposits or collections ; (3) bills of exchange or drafts drawn against money actually on deposit to their credit or due to them; and (4) liabilities to their own stockholders for reserved profits. The...
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Journal of the Institute of Bankers, Volume 3

Institute of Bankers (Great Britain) - 1882 - 726 pages
...time, except on account of — Notes of Circulation ; Moneys deposited with or collected by the bank ; Bills of exchange or drafts drawn against money actually on deposit to the credit of the bank, or due thereto ; Liabilities to shareholders for dividends and reserve profits. This provision...
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The Abridgment ... Containing the Annual Message of the President of the ...

United States. President - 1882 - 1040 pages
...to an amount exceeding the amount of its capital stock actually paid in and remaining undiminished by losses or otherwise," except on account of demands of the nature therein described. Liabilities incurred by the acceptance of checks, the drawers thereof having at...
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A Treatise on the Law of Banks and Banking, Volume 2

John Torrey Morse (Jr.) - 1888 - 712 pages
...exceeding the amount of its capital stock at such time actually paid in and remaining undiminished by losses or otherwise, except on account of demands...stockholders of the association for dividends and reserved profits. § 37. (5203.) Not to use Circulation to increase Capital. — No association shall,...
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The National-Bank Act and Other Laws Relating to National Banks, from the ...

United States - 1889 - 120 pages
...exceeding the amount of its capital stock at such time actually paid in and remaining undiminished by losses or otherwise, except on account of demands of the nature following: Exceptions. First. Kotes of circulation. Second. Moneys deposited with or collected by the asso ciation....
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The Abridgment ... Containing the Annual Message of the President of the ...

United States. President - 1891 - 1120 pages
...circulation. (2) Moneys deposited with or collected by the association. (3) Bills of exchange or draft» drawn against money actually on deposit to the credit of the association or due thereto. (4) Liabilities to the stockholders of the association for dividends and reserve profits. In the blank...
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Principles and Practice of Finance: A Practical Guide for Bankers, Merchants ...

Edward Carroll - 1895 - 332 pages
...nature : 1st. Notes of circulation. 2d. Moneys deposited with or collected by the association. 3d. Bills of exchange or drafts drawn against money actually...to the credit of the association, or due thereto. 4th. Liabilities to the stockholders of the association for dividends and reserve profits. Its circulating...
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Commentaries on the Law of Private Corporations, Volume 6

Seymour Dwight Thompson - 1896 - 1228 pages
...exceeding the amount of its capital stock, at such time actually paid in and remaining undiminished by losses or otherwise, except on account of demands of the nature following," — the demand which gave rise to the indebtedness on the note not being within any of the exceptions.*...
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