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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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Cases Argued and Decided in the Supreme Court of the United ..., Volumes 251-253

United States. Supreme Court - 1921 - 1362 pages
...or firm, the liabilities of the several members thereof, shall at no time exceed one-tenth part «f the amount of the 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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Digest of Legal Opinions of Thomas B. Paton: General Counsel of the American ...

Thomas Bugard Paton - 1922 - 782 pages
...liabilities to any association of any person * * * for money borrowed, * * * shall at no time exceed 10% of the amount of the capital stock of such association, actually paid in and unimpaired, and 10% of its unimpaired surplus fund," with specified exceptions. In the instant...
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A Treatise on Federal Criminal Law and Procedure: With Forms of Indictment ...

William Hawley Atwell - 1922 - 1042 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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Acts and Joint Resolutions of the General Assembly of the State of South ...

South Carolina - 1923 - 982 pages
...thereof, or of any company, corporattion or firm, for money borrowed, including in the liabilities of a com-pany or firm the liabilities of the several members...one-tenth part of the amount of the capital stock of any such bank actually paid in and its surplus, except by a twothirds vote of the directors of the...
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The Romance and Tragedy of Banking: Problems and Incidents of Governmental ...

Thomas P. Kane - 1922 - 614 pages
...of liabilities as acceptor, one-fifth; and exclusive of the liabilities on such bills of exchange, one-tenth part of the amount of the capital stock of such association actually paid in. While this section of the original bank act was very ambiguously drawn, it fixed a limitation upon...
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Money and Banking

John Thom Holdsworth - 1923 - 588 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...
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Outlines of the Social Sciences

Elmer S. Nelson, Charles Emanuel Martin, William Henry George - 1923 - 850 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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The Federal Reserve Act (approved December 23, 1913) as Amended August 4 ...

United States - 1923 - 132 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 i This act in effect amends sec. 27 of the Federal Keserve Act. See ante, p. 62. 40729°— 23—...
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Farm Mortgage Financing

Ivan Wright - 1923 - 364 pages
...company or firm the liabilities of the several members thereof, shall at no time exceed 15 per cent of the amount of the capital stock of such association actually paid in and unimpaired and 15 per cent of its unimpaired surplus fund: Provided that the total liabilities...
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Consolidation of National Banking Associations, Etc

United States. Congress. House. Committee on Banking and Currency - 1924 - 270 pages
...which it is liable as indorser or guarantor or otherwise does not exceed a sum equal to 25 per centum of the amount of the capital stock of such association actually paid in and unimpaired and 25 per centum of its unimpaired surplus fund, or to one-half of its time deposits,...
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