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" That the total liabilities to any association, of any person, or of any company, corporation, or firm for money borrowed, including in the liabilities of a company or firm the liabilities of the several members thereof, shall at no time exceed one-tenth... "
Annual Report of the Commissioner of the Banking Department of the State of ... - Page xxxiii
by Michigan. Banking Division - 1910
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Commercial Banking Practice Under the Federal Reserve Act: The Law and ...

National Bank of Commerce in New York - 1918 - 148 pages
...company or firm the liabilities of the several members thereof, shall at no time exceed ten per centum of the amount of the capital stock of such association, actually paid in and unimpaired, and ten per centum of its unimpaired surplus fund: Provided, however, that (1) the...
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American law reports annotated, Volume 3

1919 - 1804 pages
...person, or of any company, corporation, or firm, for money borrowed, including in the liabilities of a company •or firm, the liabilities of the several...capital stock of such association actually paid in." United States. — Union Gold Min. Co. v. Rocky Mountain Nat. Bank (1877) 96 US 640, 24 L. ed. 648,...
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Nomination of John Skelton Williams: Hearing Before the Committee on Banking ...

United States. Congress. Senate. Committee on Banking and Currency. Subcommittee on Financial Institutions - 1919 - 544 pages
...company, corporation, or firm for money borrowed, including, in the liabilities of a company or tirui, the liabilities of the several members thereof, shall...capital stock of such association actually paid in." These loans should be reduced to the lawful limit as soon as practicable. Please inform me at an early...
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United States Reports: Cases Adjudged in the Supreme Court at ..., Volume 251

United States. Supreme Court, John Chandler Bancroft Davis, Henry Putzel, Henry C. Lind, Frank D. Wagner - 1920 - 676 pages
...corporation, or firm for money borrowed, including in the liabilities of a company 68. Opinion of the Court. or firm the liabilities of the several members thereof,...one-tenth part of the amount of the capital stock of such associations, actually paid in [and unimpaired and one-tenth part of its unimpaired surplus fund: Provided,...
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The Federal Statutes Annotated: Containing All the Laws of the ..., Volume 2

United States - 1920 - 1054 pages
...company or firm the liabilities of the several members thereof, shall at no time exceed 10 per centum ̿ d Pi6 * ŵI G N $ c _&TZe= A<( z & Eg κ [ v KJ " C< and unimpaired, and 10 per centum of its unimpaired surplus fund: Provided, however, That (1) the discount...
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Annual Report of the Commissioner of the Banking Department of the State of ...

Michigan. Banking Division - 1920 - 840 pages
...liabilities of the company or firm the liabilities of the several members thereof except special partners, shall at no time exceed one-tenth part of the amount of the capital and surplus of such bank... .Provided, however, That by a two-thirds vote of the directors the liabilities...
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Supreme Court Reporter, Volume 40

United States. Supreme Court - 1921 - 628 pages
...or of any company, corporation, or firm for money borrowed, includ•71 ing in the liabilities of a company *or firm, the liabilities of the several members...capital stock of such association actually paid in [and unimpaired and one-tenth part of its unimpaired surplus fund: Provided, however, that the total...
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The Financial Organization of Society

Harold Glenn Moulton - 1921 - 860 pages
...person, or of any company, corporation, or firm for money borrowed, including, in the liabilities of a company or firm, the liabilities of the several members...capital stock of such association actually paid in and unimpaired and one-tenth part of the unimpaired surplus fund, provided that the total of such liabilities...
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The Financial Organization of Society

Harold Glenn Moulton - 1921 - 826 pages
...upon real estate in the manner described in this section. (Federal Reserve Act, December 23, 1913.) exceed one-tenth part of the amount of the capital stock of such association actually paid in and unimpaired and one-tenth part of the unimpaired surplus fund, provided that the total of such liabilities...
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Acceptances, Their Importance as a Means of Increasing and Simplifying ...

American Exchange National Bank, New York - 1921 - 128 pages
...company or firm the liabilities of the several members thereof, shall at no time exceed 10 per centum of the amount of the capital stock of such association, actually paid in and unimpaired, and 10 per centum of its unimpaired surplus fund: Provided, however, That (1) the discount...
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