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" ... shall not increase its liabilities by making any new loans or discounts otherwise than by discounting or purchasing bills of exchange payable at sight, nor make any dividend of its profits... "
Annual Report of the Commissioner of the Banking Department of the State of ... - Page 13
by Michigan. Banking Division - 1895
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Reports of the Condition of the State, Private and Savings Banks

North Carolina. Corporation Commission - 1903 - 68 pages
...bank shall fall below the reserve herein required, such bank shall not make any new loans or discounts otherwise than by discounting or purchasing bills of exchange payable at sight; nor shall such bank make any dividends of its profits until it has on hand the available funds required...
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Annual Report of the Commissioner of Banking of State and Mutual Savings Banks

Wisconsin. Banking Dept - 1904 - 572 pages
...fall below the amount required herein to be kept, such bank shall not increase its loans or discounts otherwise than by discounting or purchasing bills...payable at sight or on demand, and the commissioner of banking shall notify any bank whose reserve may be below the amount herein required, to make good such...
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The Modern Bank

Amos Kidder Fiske - 1904 - 392 pages
...below the legal limit was forbidden to increase its liabilities by " making any new loans or discounts, otherwise than by discounting or purchasing bills of exchange payable at sight," or to " make any dividend of its profits," until the required proportion had been restored. The Comptroller...
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The National Bank Act: With All Its Amendments Annotated and Explained

John Melville Gould - 1904 - 326 pages
...deposits, such association shall not increase its liabilities by making any new loans or discounts otherwise than by discounting or purchasing bills of exchange payable at sight, nor make any dividend of its profits until the required proportion between the aggregate amount of...
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Revisal of 1905 of North Carolina: Prepared Under Chapter Three ..., Volume 1

North Carolina, Thomas Brown Womack, Needham Y. Gulley, William R. Rodman - 1905 - 1412 pages
...bank shall fall below the reserve herein required, such bank shall not make any new loans or discounts by the county, which book shall be marked and styled "Record of Official Report nor shall such bank make any dividends of its profits until it has on hand the available funds required...
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The Federal Statutes Annotated: Containing All the Laws of the ..., Volume 5

United States - 1905 - 1032 pages
...deposits, such association shall not increase its liabilities by making any new loans or discounts otherwise than by discounting or purchasing bills of exchange payable at sight, nor make any dividend of its profits until the required proportion, between the aggregate amount of...
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The Bank and the Treasury: Bank Capitalization and the Problem of Elasticity

Frederick Albert Cleveland - 1905 - 464 pages
...per centum of its deposits such association shall not increase its liability by making any new loans otherwise than by discounting or purchasing bills of exchange payable at sight. Nor shall such banking association make or pay any dividend of its profits until the required proportion...
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The Principles of Money and Banking: Book VI-The co-operation of the factors ...

Charles Arthur Conant - 1905 - 510 pages
...the legal limit, the bank "shall not increase its liabilities, by making any new loans or discounts otherwise than by discounting or purchasing bills of exchange payable at sight, nor make any dividend of its profits," until the required proportion of reserve has been restored....
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International Library of Technology: A Series of ..., Volume 44, Part 2

1906 - 538 pages
...deposits, such association shall not increase its liabilities by making any new loans or discounts otherwise than by discounting or purchasing bills of exchange payable at sight, nor make any dividend of its profits until the required proportion between the aggregate amount of...
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Principles of Law: Appendix

1906 - 534 pages
...the inquired amount, such bank shall not increase its investments by making any new loan or discounts otherwise than by discounting or purchasing bills of exchange payable at sight, nor make any dividends of its profits until the required proportion between the aggregate amount of...
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