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" Such as shall be conveyed to it in satisfaction of debts previously contracted in the course of its dealings. Fourth. Such as it shall purchase at sales under judgments, decrees or mortgages held by the association, or shall purchase to secure debts due... "
Principles and Practice of Finance: A Practical Guide for Bankers, Merchants ... - Page 100
by Edward Carroll - 1895 - 311 pages
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Acts of the Legislature of Puerto Rico

Puerto Rico - 1913 - 112 pages
...be conveyed to it in satisfaction of debts previously contracted in the course of its dealings. (4) Such as it shall purchase at sales under judgments, decrees or mortgages held by the Bank, or shall purchase under mortgage clauses or otherwise to secure debts due to it; but 'the...
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Documents of the Senate of the State of New York, Volume 11

New York (State). Legislature. Senate - 1914 - 962 pages
...under judgments, decrees or mortgages held by him as such private banker. (o) No such private banker shall purchase, hold or convey real property in any other case, or for any other purpose. § 37-5. IJcal estate and certain securities; when to hold. All real estate which shall have been purchased...
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Banking Law of New York: Chapter 2 of Consolidated Laws, Chapter 369, Laws ...

George Wilson Morgan, Amasa Junius Parker - 1914 - 562 pages
...be conveyed to it in satisfaction of debts previously contracted in the course of its business. (c) Such as it shall purchase at sales under judgments, decrees or mortgages held by it. 3. In shares of the land bank of the state of New York, not to exceed ten per centum of its resources...
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The Operation of the New Bank Act

Thomas Conway (Jr.), Ernest Minor Patterson - 1914 - 452 pages
...conveyed to it in satisfaction of debts previously contracted in the course of its dealings. "Fourth. Such as it shall purchase at sales under judgments, decrees, or mortgages held by the association, or shall purchase to secure debts due to it. "But no such association shall hold the...
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Ruling Case Law: As Developed and Established by the Decisions and ..., Volume 3

William Mark McKinney, Burdett Alberto Rich - 1914 - 1424 pages
...conveyed to it in satisfaction of debts previously contracted in the course of its dealings; and, 4. Such as it shall purchase at sales under judgments, decrees or mortgages held by the association, or shall purchase to secure debts due to it. This is generally considered as prohibiting...
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Rural Credits: Hearings Before the Subcommittee of the Committee on Banking ...

United States. Congress. House. Committee on Banking and Currency - 1914 - 308 pages
...Second. Such as shall be mortgaged to it in good faith by way of security for debts contracted. Third. Such as it shall purchase at sales under judgments, decrees, or mortgages held by the association, or shall purchase to secure debts due to it. SEC. 11. That the capital stock of each...
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Compiled Statutes of the United States, 1913: Embracing the ..., Volume 4

United States - 1914 - 1272 pages
...conveyed to it in satisfaction of debts previously contracted in the course of its dealings. Fourth. Such as it shall purchase at sales under judgments, decrees, or mortgages held by the association, or shall purchase to secure debts due to it. But no such association shall hold the...
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California Red Book: Hillyers̓ Legal Manual, 1914

Curtis Hillyer - 1914 - 1628 pages
...conveyed to it in satisfaction of debts previously contracted in the course of its dealings. Fourth. tis Hillyer the association, or shall purchase to secure debts due to it. 34. Requisite Amount of Capital.— (§...
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Statutes of the State of Nevada Passed at the ... Session of the Legislature

Nevada - 1915 - 728 pages
...shall be conveyed to it in satisfaction of debts previously contracted in the course of its dealings, such as it shall purchase at sales under judgments, decrees, or mortgages held by it, or shall purchase to secure debts due to it; to make loans to its members upon ample real estate security,...
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Materials of Corporation Finance

Charles William Gerstenberg - 1915 - 1062 pages
...be conveyed to it in satisfaction of debts previously contracted in the course of its business. (c) Such as it shall purchase at sales under judgments, decrees or mortgages held by it. The trustees of a savings bank shall not be held liable for investing in state or municipal bonds named...
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