| John Martin Chapman, Ray Bert Westerfield - 1927 - 798 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 time of its purchase, be sold or... | |
| 1927 - 280 pages
...sec. 35. 8 Nor be the holder or purchaser of any such shares unless such security or purchase shall be necessary to prevent loss upon a debt previously contracted in good faith; such stock to be disposed of within six months. 9 Sec. 27. capital. Not included, however, within this... | |
| 1878 - 542 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... | |
| United States. Federal Reserve Board - 1928 - 808 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... | |
| United States Congress. House. Banking and Currency Committee - 1930 - 1152 pages
...after such time. In cases where such stock is taken as collateral and the purchase thereof shall be necessary to prevent loss upon a debt previously contracted in good faith, then in such cases such stock shall be sold by the bank within 12 months from the time that it was... | |
| United States. Congress. House. Committee on Banking and Currency - 1930 - 1066 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; stocks so purchased or acquired shall, within six months of the time of ita purchase, be sold or disposed... | |
| United States. Congress. Senate. Committee on Banking and Currency - 1932 - 576 pages
...be the purchaser or holder of the stock of such affiliate, unless such security or purchase shall be necessary to prevent loss upon a debt previously contracted in good faith ; and any stock so purchased or acquired shall be sold or disposed of at public or private sale within... | |
| United States. Congress. Senate. Committee on Banking and Currency - 1933 - 616 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 s>hall, within six months from the time of its purchase, be sold... | |
| 1928 - 934 pages
...statute that a national hank may purchase its shares on one condition only, namely. "When It shall be necessary to prevent loss upon a debt previously contracted in good faith." The only question was which had the better right to the surplus in the bands of the defendant after... | |
| 1996 - 332 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 6 months from the time of its purchase, be sold or... | |
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