 | West Virginia - 1917 - 1608 pages
...all losses, all sums due for expenses, and all over-due debts upon which no interest has been paid for a period of six months, unless the same are well secured and in process of collection. Any director voting for any dividend in violation of the provisions of this section shall be deemed... | |
 | West Virginia - 1917 - 174 pages
...all losses, all sums due for expenses, and all over-due debts upon which no interest has been paid for a period of six months, unless the same are well secured and in process of collection. Any director voting for any dividend in violation of the provisions of this section shall be deemed... | |
 | United States. Office of the Comptroller of the Currency - 1919 - 156 pages
...an amount greater than its net profits then on hand, deducting therefrom its losses and bad debts. All debts due to any association, on which interest...process of collection, shall be considered bad debts within the meaning of this section. But nothing in this section shall prevent the reduction of the... | |
 | William Meade Fletcher - 1919 - 1352 pages
...there are net profits applicable to the payment of dividends, and provides that all debts due the bank on which interest is past due and unpaid for a period...in process of collection, shall be considered bad debts.87 Estimated profits expected on existing contracts for delivery of cannot in fact b^e distributed... | |
 | Massachusetts - 1922 - 1076 pages
...such net profits its losses and bad debts. All debts due to any such corporation on which interest is due and unpaid for a period of six months, unless...process of collection, shall be considered bad debts within the meaning of this section. But nothing in this section shall prevent the reduction of the... | |
 | 1922 - 716 pages
...cooperative banks. LIMITATION ON INDEBTEDNESS. . SEC. 12. All debts past due to any cooperative bank, on which interest is past due and unpaid for a period of 12 months, shall, unless they are well secured or in process of collection, be considered bad debts... | |
 | First National City Bank of New York - 1923 - 166 pages
...bank's losses and bad debts. "Bad debts" within the meaning of the National Bank Act are those debts on which interest is past due and unpaid for a period of six months, unless such debts are well secured, and in process of collection. [60] LOANS A. — GRANTED BY A NATIONAL... | |
 | Philippines. Bureau of Agriculture - 1924 - 86 pages
...greater than its net profits then on hand, deducting therefrom ite losses and bad debts. All debts due any association on which interest is past due and unpaid for a period of six months, unless same are well secured and in process of collection, shall be considered bad debts within the meaning... | |
 | George Folger Canfield, Isaac Maurice Wormser - 1925 - 960 pages
...profits then on hand, deducting therefrom its losses and bad debts. All debts due to any associations, on which interest is past due and unpaid for a period...process of collection, shall be considered bad debts within the meaning of this section. But nothing in this section shall prevent the reduction of the... | |
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All debts due to any association, on which interest is past due and unpaid for a period of six months, unless the same are well secured, and in process of collection, shall be considered bad debts within the meaning of this section. 
