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" If losses have at any time been sustained by any such association equal to or exceeding its undivided profits then on hand, no dividend shall be made ; and no dividend shall ever be made by any association while it continues its banking operations, to... "
World's Congress of Bankers and Financiers: Comprising Addresses Upon ... - Page 240
by World's congress of bankers and financiers, Chicago, 1893 - 1893 - 615 pages
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Select Statutes and Other Documents Illustrative of the History of the ...

William MacDonald - 1903 - 464 pages
...have been sustained by any such association equal to or exceeding its undivided profits then on hand, no dividend shall be made ; and no dividend shall...deducting therefrom its losses and bad debts. And all debts due to any association, on which interest is past due and unpaid for a period of six months,...
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History of Coinage and Currency in the United States and the ..., Volume 10

Alonzo Barton Hepburn - 1903 - 696 pages
...have been sustained by any such association equal to or exceeding its undivided profits then on hand, no dividend shall be made ; and no dividend shall...banking operations, to an amount greater than its nett profits then on hand, deducting therefrom its losses and bad debts. And all debts due to any association,...
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Laws of the Territory of New Mexico: Passed by the Legislative Assembly ...

New Mexico - 1903 - 836 pages
...been sustained by any such new corporation equal to or exceeding its undivided profits then on hand, no dividend shall be made : and no dividend shall ever be made by any such new corporation, while it continues Us operations, to an amount greater than the net profits then...
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Acts of the Legislative Assembly of the Territory of New Mexico, Session...

New Mexico - 1903 - 364 pages
...been sustained by any such new corporation equal to or exceeding its undivided profits then on hand, no dividend shall be made; and no dividend shall ever be made by any such new corporation, while it continues its operations, to an amount greater than the net profits...
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Laws Passed by the General Assembly of the Territory of New Mexico

New Mexico - 1903 - 368 pages
...been sustained by any such new corporation equal to or exceeding its undivided profits then on hand, no dividend shall be made; and no dividend shall ever be made by any such new corporation, while it continues its operations, to an amount greater than the net profits...
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Constitution and Revised Laws of Louisiana: Containing the Constitution of ...

Louisiana - 1904 - 1088 pages
...ever be made by any bank, banking association, corporation or company, while it continues its bankinp operations, to an amount greater than its net profits...hand. deducting therefrom its losses and bad debts. [Penalty for Violation of Foregoing Sections.] SEC. 3. Be it further enacted, etc., That any officer...
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The National Bank Act: With All Its Amendments Annotated and Explained

John Melville Gould - 1904 - 316 pages
...time been sustained by any such association equal to or exceeding its undivided profits then on hand, no dividend shall be made ; and no dividend shall ever be made by any association, while it continues its banking operations, to an amount greater than its net profits then on hand, deducting...
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The Federal Statutes Annotated: Containing All the Laws of the ..., Volume 5

United States - 1905 - 1032 pages
...time been sustained by any such association, equal to or exceeding its undivided profits then on hand, no dividend shall be made; and no dividend shall ever be made by any association, while it continues its banking operations, to an amount greater than its net profits then on hand, deducting...
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International Library of Technology: A Series of ..., Volume 44, Part 2

1906 - 538 pages
...time been sustained by any such association equal to or exceeding its undivided profits then on hand, no dividend shall be made; and no dividend shall ever be made by any association, while it continues its banking operations, to an amount greater than its net profits then on hand, deducting...
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Principles of Law: Appendix

1906 - 534 pages
...time been sustained by any such association equal to or exceeding its undivided profits then on hand, no dividend shall be made; and no dividend shall ever be made by any association, while it continues its banking operations, to an amount greater than its net profits then on hand, deducting...
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