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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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Modern Banking Methods and Practical Bank Bookkeeping

Albert Reed Barrett - 1908 - 346 pages
...liabilities of a company or firm, the liabilities of the several members thereof, shall at no tune exceed one-tenth part of the amount of the 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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Documentary Source Book of American History, 1606-1898, Volume 10

William MacDonald - 1908 - 654 pages
...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 association actually paid in: Provided, That the discount of bona fide bills of exchange drawn against actually existing values,...
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The Federal Statutes Annotated: Containing All the Laws of the ..., Volume 2

United States - 1920 - 1054 pages
...company or firm the liabilities of the several members thereof, shall at no time exceed 10 per centum ̿ d Pi6 * ŵI G N $ c _&TZe= A<( z & Eg κ [ v KJ " C< and unimpaired, and 10 per centum of its unimpaired surplus fund: Provided, however, That (1) the discount...
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Annual Report of the Commissioner of the Banking Department of the State of ...

Michigan. Banking Division - 1920 - 840 pages
...liabilities of the company or firm the liabilities of the several members thereof except special partners, shall at no time exceed one-tenth part of the amount of the capital and surplus of such bank... .Provided, however, That by a two-thirds vote of the directors the liabilities...
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Supreme Court Reporter, Volume 40

United States. Supreme Court - 1921 - 628 pages
...borrowed, includ•71 ing 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 [and unimpaired and one-tenth part of its unimpaired surplus fund: Provided, however, that the total...
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The Financial Organization of Society

Harold Glenn Moulton - 1921 - 860 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 and unimpaired and one-tenth part of the unimpaired surplus fund, provided that the total of such liabilities...
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The Financial Organization of Society

Harold Glenn Moulton - 1921 - 826 pages
...upon real estate in the manner described in this section. (Federal Reserve Act, December 23, 1913.) exceed one-tenth part of the amount of the capital stock of such association actually paid in and unimpaired and one-tenth part of the unimpaired surplus fund, provided that the total of such liabilities...
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Acceptances, Their Importance as a Means of Increasing and Simplifying ...

American Exchange National Bank, New York - 1921 - 128 pages
...company or firm the liabilities of the several members thereof, shall at no time exceed 10 per centum of the amount of the capital stock of such association, actually paid in and unimpaired, and 10 per centum of its unimpaired surplus fund: Provided, however, That (1) the discount...
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Cases Argued and Decided in the Supreme Court of the United ..., Volumes 251-253

United States. Supreme Court - 1921 - 1354 pages
...or firm, the liabilities of the several members thereof, shall at no time exceed one-tenth part «f the amount of the capital stock of such association actually paid in [and unimpaired and one-tenth part of its unimpaired surplus fund: Provided, however, that the total...
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A Treatise on Federal Criminal Law and Procedure: With Forms of Indictment ...

William Hawley Atwell - 1922 - 1042 pages
...company or firm the liabilities of the several members thereof, shall at no time exceed 10 per centum of the amount of the capital stock of such association, actually paid in and unimpaired, and 10 per centum of its unimpaired surplus fund: Provided, however, That (1) the discount...
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