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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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Digest of Rulings of the Federal Reserve Board (1914-1923, Inclusive): With ...

Board of Governors of the Federal Reserve System (U.S.) - 1924 - 444 pages
...company ar firm the liabilities of the several members thereof, shall at no tune 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 or the Federal Reserve Act. See ante, p. 226. 25004—24 17...
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The Federal Reporter, Volume 173

1910 - 1050 pages
...person, or of any company, corporation, or firm, for money borrowed, including, in tlie liabilities of a company or firm, the liabilities of the several members...capital stock of such association actually paid in," This provision is very clearly a restriction upon the power of the officers of such an association...
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The Federal Reporter, Volume 295

1924 - 1096 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 Us unimpaired surplus fund." [1] The first and principal point...
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Consolidation of National Banking Association, Hearings Before ..., 68-2 on ...

United States. Congress. Senate. Committee on Banking and Currency - 1925 - 130 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: $10, 000 Does not apply to indorser...
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Federal Reserve Bulletin

1925 - 1024 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-third of its time deposits,...
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Paton's Digest: A Digest of Legal Opinions of Thomas B. Paton ..., Volume 2

Thomas Bugard Paton - 1926 - 1408 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 its unimpaired surplus fund: Provided, however. That the total...
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Consolidation of National Banking Associations

United States. Congress. Senate. Committee on Banking and Currency - 1926 - 384 pages
...person, or of any company, corpoy Tation, or firm for money borrowed, including in the liabilities of a company or firm the liabilities of the several members...onetenth 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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Consolidation of National Banking Associations, Hearing Before a ...

United States. Congress. Senate. Banking Currency Committee - 1926 - 384 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...onetenth 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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Report of the Federal Trade Commission on the Grain Trade, Volume 7

United States. Federal Trade Commission - 1926 - 502 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...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. A...
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Federal Reserve Banking Practice: By H. Parker Willis ... and William H ...

Henry Parker Willis, William Howard Steiner - 1926 - 1202 pages
...company or firm the liabilities of the several members thereof, shall at no time exceed 10 per cent of the amount of the capital stock of such association, actually paid in and unimpaired, and 10 per cent of its unimpaired surplus fund: Provided, however, That (1) the discount...
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