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" ... and such stock shall be sold as the directors may order, within six months from the time of such forfeiture, and if not sold it shall be canceled and deducted from the capital stock of the association. "
Annual Report of the Commissioner of the Banking Department of the State of ... - Page 5
by Michigan. Banking Division - 1892
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Hand-book for Bank Officers

George Mathewes Coffin - 1893 - 186 pages
...advertisement and sale, the amount previously paid shall be forfeited to the association, and such stock shall be sold as the directors may order, within six months from the time of such forfeiture, and if not sold it shall be canceled and deducted from the capital stock of the association....
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Annual Report of the Commissioner of the Banking Department of the State of ...

Michigan. Banking Division - 1896 - 354 pages
...his last known address. If no bidder can be fonnd who will pay for snch stock the amonnt dne thereon to the bank, with any cost incnrred, the amonnt previonsly...be forfeited to the bank, and snch stock shall be eold as the directors may order, within six months from the time of snch forfeitnrs, and if not eold...
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Hearings and Arguments Before the Committee on Banking and Currency of the ...

United States. Congress. House. Committee on Banking and Currency - 1897 - 626 pages
...advertisement and sale, the amount previously paid shall he forfeited to the corporation, and such stock shall be sold as the directors may order within six months from the time of such forfeiture, and if not sold it shall be canceled and deducted from the capital stock of the corporation....
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Message from the President of the United States, Transmitting the Report of ...

United States. Hawaiian commission - 1898 - 736 pages
...corporation, the amount therefor paid in on such stock shall be forfeited to the corporation and such stock shall be sold as the directors may order within six months from the time of such forfeiture, and if not sold, it shall be cancelled. ยง 2055. It shall be lawful for any corporation...
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United States Reports: Cases Adjudged in the Supreme Court at ..., Volume 174

United States. Supreme Court, John Chandler Bancroft Davis, Henry Putzel, Henry C. Lind, Frank D. Wagner - 1899 - 868 pages
...advertisement and sale, the amount previously paid shall be forfeited to the association, and such stock shall be sold as the directors may order, within six months from the time of such forfeiture, and If not sold It shall be cancelled and deducted from the capital stock of the association....
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United States Reports: Cases Adjudged in the Supreme Court at ..., Volume 174

United States. Supreme Court, John Chandler Bancroft Davis, Henry Putzel, Henry C. Lind, Frank D. Wagner - 1899 - 868 pages
...advertisement and sale, the amount previously paid shall be forfeited to the association, and such stock shall be sold as the directors may order, within six months from the time of such forfeiture, and if not sold it shall be cancelled and deducted from the capital stock of the association....
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Road Laws of the State of Washington: Including Laws Passed at the Session ...

Washington (State) - 1903 - 1326 pages
...thereon, with costs incurred, the amount previously paid shall be forfeited to the bank, and such bank stock shall be sold as the directors may order, within six months from the time of such forfeiture, and if not sold, it shall be cancelled and deducted from the capital of the bank....
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Reports of the Condition of the State, Private and Savings Banks

North Carolina. Corporation Commission - 1903 - 68 pages
...the bank, with any notes incurred, the amount previously paid shall be forfeited to the bank and such stock shall be sold as the Directors may order, within six months of the time of such forfeiture, and if not sold, it shall be cancelled and deducted from the capital...
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The National Bank Act: With All Its Amendments Annotated and Explained

John Melville Gould - 1904 - 326 pages
...advertisement and sale, the amount previously paid shall be forfeited to the asso-- ciation, and such stock shall be sold as the directors may order, within six months from the time of such forfeiture,, and if not sold it shall be cancelled and deducted from the capital stock of the...
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The Federal Statutes Annotated: Containing All the Laws of the ..., Volume 5

United States - 1905 - 1032 pages
...advertisement and sale, the amount previously paid shall be forfeited to the association, and such stock shall be sold as the directors may order, within six months from the time of such forfeiture, and if not sold it shall be canceled and deducted from the capital stock of the association....
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