 | Roger Foster - 1921 - 1432 pages
...of its stock, the statutory exception authorizing a national bank to buy its own shares when it is necessary to prevent loss upon a debt previously contracted, in good faith, must be negatived.88 Where the indictment definitely charges the value, in lawful money of the United... | |
 | Harold Glenn Moulton - 1921 - 860 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... | |
 | Massachusetts - 1922 - 1076 pages
...stock, nor be the purchaser or holder of such shares, unless such etc' 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 or acquisition, be sold... | |
 | Nebraska. Supreme Court, David Allen Campbell, Guy Ashton Brown, Lorenzo Crounse, Walter Alber Leese, Lee Herdmen, Henry Clay Lindsay, Henry Paxon Stoddart - 1922 - 980 pages
...such shares, unless such I<rwa State & Savings Bank v. City Nat. Bank. security or purchase shall be necessary to prevent loss upon a debt previously contracted in good faith." It appears in the present case, as shown by the weight of the evidence, that the rights of innocent... | |
 | James Dysart Magee - 1923 - 794 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, and stock so purchased or acquired shall be sold at public or private sale, or otherwise disposed of,... | |
 | Wyoming - 1925 - 320 pages
...own capital stock, except in cases where the taking of such collateral, or such purchase, shall be necessary to prevent loss upon a debt previously contracted in good faith, and in such cases, unless full payment of such debt is made, such stock shall be sold by the bank within... | |
 | Minnesota - 1925 - 76 pages
...or discount on the security of its own capital stock, nor be the purchaser or holder thereof, unless necessary to prevent loss upon a debt previously contracted in good faith, and all stock so acquired shall be disposed of at public or private sale within six months after it... | |
 | George Folger Canfield, Isaac Maurice Wormser - 1925 - 960 pages
...capital stock or of the capital stock of any other incorporated company, unless such purchase should 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... | |
 | Wyoming - 1925 - 312 pages
...own capital stock, except in cases where the taking of such collateral, or such purchase, shall be necessary to prevent loss upon a debt previously .contracted in good faith, and in such cases, unless full payment of such debt is made, such stock shall be sold by the bank within... | |
 | Thomas Bugard Paton - 1926 - 1408 pages
...shall be the holder of or purchaser of any portion of its capital stock, unless such purchase shall b* necessary to prevent loss upon a debt previously contracted...time than six months if the stock can be sold for the amount of the claim of the bank against the same, and it must be sold :or 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... 
