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" The total liabilities to any association, of any person, or of any company, corporation, or firm, for money borrowed, including, in the liabilities of a company or firm, the liabilities of the several members thereof, shall at no time exceed one-tenth... "
Annual Report of the Commissioner of the Banking Department of the State of ... - Page xviii
by Michigan. Banking Division - 1905
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Reports of Decisions Rendered in the Circuit and District Courts ..., Volume 2

United States. Circuit Courts, Benjamin Vaughan Abbott - 1871 - 648 pages
...borrowed, including in the liabilities of a company or firm the liabilities of the several members thereof, shall at no time exceed one-tenth part of the amount of the capital stock actually paid in." It contains no penalty, and no provision "that such loans shall be void." In the...
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Appletons' Annual Cyclopaedia and Register of Important Events: Embracing ...

1872 - 886 pages
...liabilities as acceptor, one fifth; and exclusive of liabilities on such bills of exchange, one tenth part of the amount of the capital stock of such association actually paid in. SEC. 43. And be it further enacted, That no association shall, at any time, pay out on loans or discounts,...
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Practical Information Concerning the Public Debt of the United States: With ...

William Adams Richardson - 1873 - 208 pages
...borrowed, including in the liabilities of a company or firm the liabilities of the several members thereof, shall at no time exceed one-tenth part of...capital stock of such association actually paid in: Provided, That the discount of bona fide bills of exchange drawn against actually existing values,...
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Practical Information Concerning the Public Debt of the United States: With ...

William Adams Richardson - 1873 - 192 pages
...borrowed, including in the liabilities of a company or firm the liabilities of the several members thereof, shall at no time exceed one-tenth part of...capital stock of such association actually paid in: Provided, That the discount of bona fide bills of exchange drawn against actually existing values,...
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Official Opinions of the Attorneys General of the United States: Advising ...

United States. Department of Justice - 1909 - 732 pages
...borrowed, including in the liabilities of a company or firm the liabilities of the several members thereof, shall at no time exceed one-tenth part of the amount of the capital stock of such associations, actually paid in and unimpaired, and one-tenth part of its unimpaired surplus fund: Provided,...
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REPORTS OF THE COMMITTEES OF THE HOUSE OF REPRESENTATIVES FOR THE FIRST ...

GOVERNMENT PRINTING OFFICE - 1874 - 1076 pages
...burrowed, including in the liabilities of a company or firm the liabilities of the several members thereof, shall at no time exceed one-tenth part of the amount of the capital stock of sucli association actually paid in: J'rovidfd, Tbat the. discount of Ъопч-fäe bills of exchange...
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The American Reports: Containing All Decisions of General ..., Volume 13

Isaac Grant Thompson - 1875 - 840 pages
...borrowed, including in the liabilities of a company or firm, the liabilities of this several members thereof, shall at no time exceed one-tenth part of...capital stock of such association actually paid in." Thus congress has prohibited an undue aggregation of ita capital in single hands even though each note...
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Gold and Debt: An American Hand-book of Finance, with Over Eighty Tables and ...

William Lyman Fawcett - 1876 - 300 pages
...borrowed, including, in the liabilities of a company or firm, the liabilities of the several members thereof, shall at no time exceed one-tenth part of...capital stock of such association actually paid in. But the discount of bills of exchange drawn in good faith against actually existing values, and the...
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The N.Y. Weekly Digest of Cases Decided in the U.S. Supreme ..., Volume 14

1882 - 664 pages
...firm for money borrowed, including in the liabilities of a firm the liabilities of the several members thereof, shall at no time exceed one-tenth part of...capital stock of such association actually paid in. But the discount of bills of exchange drawn in good faith against actual existing values, and the discount...
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The Century of Independence: Embracing a Collection, from Official Sources ...

John Russell Hussey - 1876 - 562 pages
...borrowed, including in the liabilities of a company or firm the liabilities of the several members thereof, shall at no time exceed one-tenth part of...capital stock of such association actually paid in : Provided, That the discount of bona fide bills of exchange drawn against actually existing values,...
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