 | John Jay Knox - 1900 - 986 pages
...stock, nor be the purchaser or holder of any such shares unless such security or purchase shall be necessary to prevent loss upon a debt previously contracted in good faith; and the stock so purchased or acquired shall within one year from the time of its purchase be sold... | |
 | John Maxcy Zane - 1900 - 866 pages
...stock, nor be the purchaser or holder of any such shares, unless such security or purchase shall be necessary to prevent loss upon a debt previously contracted in good faith; and stock so purchased or acquired shall, within six months from the time of its purchase, be sold... | |
 | Abraham Titus Brewer, Gustav Adolf Laubscher - 1900 - 748 pages
...capital stock, or of the capital stock of any other incorporated company, unless such purchase shall be necessary to prevent loss upon a debt previously contracted in good faith, on security which, at the time, was deemed adequate to insure the payment of such debt, independent... | |
 | Kansas - 1900 - 1108 pages
...stock, nor be the purchaser or holder of any such shares unless such security or purchase shall be necessary to prevent loss upon a debt previously contracted in good faith : and stock so purchased or acquired shall, within six months from the time of its purchase, be sold... | |
 | New York (State) - 1900 - 862 pages
...stock nor be the purchaser or holder of any such shares, unless such security or purchaser shall be necessary to prevent loss upon a debt previously contracted in good faith ; and stock so purchased or acquired shall, within six months from the time of its purchase, be sold... | |
 | Massachusetts. Division of Banks and Loan Agencies - 1902 - 826 pages
...be the purchaser or holder of such shares, unless 1888> 413> 5 16such security or purchase shall be necessary to prevent loss upon a debt previously contracted in good faith ; and stock so purchased or acquired shall, within six months after its purchase, be sold or disposed... | |
 | Colorado. Supreme Court - 1902 - 730 pages
...shall be the holder or purchaser of a portion of its own stock * * * unless such purchase shall be necessary to prevent loss upon a debt previously contracted in good faith. * * * Held, — That where the stockholders of a bank voted to reduce its stock one-half, and to issue... | |
 | 1902 - 1094 pages
...capital stock, nor be purchaser or holder of any such shares, unless such security or purchase shall be necessary to prevent loss upon a debt previously contracted in good faith." (Buffalo German Ins. Co. r. Third Nat. Bank of Buffalo, 2 Banking Cases, 325.) 4. Undersuch section... | |
 | Francis Bazley Lee - 1902 - 468 pages
...stock, or be the purchaser or holder of any such shares, unless such security or purchase shall be necessary to prevent loss upon a debt previously contracted in good faith. The stock so purchased or acquired, within one year from the time of its purchase, shall be sold or... | |
 | Wisconsin - 1903
...purchase shall be necessary to prevent ioss upon a debt previously contracted in good faith. Stocks ,r<i purchased shall in no case be held by the bank for...time than six months if the stock can be sold for the amount of the claim of tbe bank against the same, and it must be sold for the best price obtainable... | |
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No association shall make any loan or discount on the security of the shares of its own capital stock, nor be the purchaser or holder of any such shares, unless such security or purchase shall be necessary to prevent loss upon a debt previously contracted... 
