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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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Federal Reserve Bulletin, Volume 2

1916 - 814 pages
...company, corporation, or 682 DECEMBER 1, 1916. FEDERAL RESERVE BULLETIN. firm, for money borrowed * * * shall at no time exceed one-tenth part of the amount of the capital stock of the association actually paid in and unimpaired and one-tenth part of its unimpaired surplus. The same...
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