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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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Congressional Serial Set

1913 - 190 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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Congressional Serial Set, Issue 1179

1863 - 1184 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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Congressional Serial Set

1901 - 890 pages
...corporation, the amount thereof 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 canceled. SEC. 2055. It shall be lawful for any corporation...
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Principles of Law: Husband & Wife; Divorce; Parent & Child ..., Volume 2

International Correspondence Schools - 1903 - 474 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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