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" Such as shall be necessary for its immediate accommodation in the transaction of its business. Second. Such as shall be mortgaged to it in good faith by way of security for debts previously contracted. Third. Such as shall be conveyed to it in satisfaction... "
A Graded Banking System Formed by the Incorporation of Clearing Houses Under ... - Page 145
by Theodore Gilman - 1898 - 238 pages
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U.S. Money Vs. Corporation Currency, "Aldrich Plan.": Wall Street ...

Alfred Owen Crozier - 1912 - 434 pages
...security for debts previously contracted. Third. Such as shall be conveyed to it in satisfaction of debts previously contracted in the course of its dealings. Fourth. Such as it shall purchase at sales under judgments, decrees, or mortgages held by said association, or shall purchase to secure debts due to...
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Cases on Private Corporations

George Folger Canfield - 1913 - 1028 pages
...debts previously contracted. Third, such as shall befconveyed to iFin satisfaction of debts~prjeyjously contracted in the course of its dealings. Fourth, such as it shall purchase at sales under judgments^dgcrees, or mortgages held by the association, or sHaTT purchase to secure debts to it. But...
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The Operation of the New Bank Act

Thomas Conway (Jr.), Ernest Minor Patterson - 1914 - 452 pages
...security for debts previously contracted. "Third. Such as shall be conveyed to it in satisfaction of debts previously contracted in the course of its dealings...."Fourth. Such as it shall purchase at sales under judgments, decrees, or mortgages held by the association, or shall purchase to secure debts due to...
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Compiled Statutes of the United States, 1913: Embracing the ..., Volume 4

United States - 1914 - 1272 pages
...security for debts previously contracted. Third. Such as shall be conveyed to it in satisfaction of debts previously contracted in the course of its dealings. Fourth. Such as it shall purchase at sales under judgments, decrees, or mortgages held by the association, or shall purchase to secure debts due to...
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California Red Book: Hillyers̓ Legal Manual, 1914

Curtis Hillyer - 1914 - 1628 pages
...security for debts previously contracted. Third. Such as shall be conveyed to it in satisfaction of debts u judgments, decrees, or mortgages held by the association, or shall purchase to secure debts due to...
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United States Circuit Courts of Appeals Reports: With Key-number Annotations ...

1915 - 732 pages
...security for debts previously contracted. "Third. Such as shall be conveyed to it in satisfaction of debts previously contracted in the course of its dealings...."Fourth. Such as it shall purchase at sales under judgments, decrees, or mortgages held by the association, or shall purchase to secure debts due to...
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Principles of Money and Banking: A Series of Selected Materials

Harold Glenn Moulton - 1916 - 830 pages
...security for debts previously contracted. Third. Such as shall be conveyed to it in satisfaction of debts previously contracted in the course of its dealings. Fourth. Such as it shall purchase at sales under judgments, decrees, or mortgages held by such association, or shall purchase to secure debts due to...
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Principles of Banking: A Series of Selected Materials

1916 - 832 pages
...security for debts previously contracted. Third. Such as shall be conveyed to it in satisfaction of debts previously contracted in the course of its dealings. Fourth. Such as it shall purchase at sales under judgments, decrees, or mortgages held by such association, or shall purchase to secure debts due to...
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Instructions of the Comptroller of the Currency Relative to the Organization ...

United States. Office of the Comptroller of the Currency - 1919 - 156 pages
...security for debts previously contracted. Third. Such as shall be conveyed to it in satisfaction of debts previously contracted in the course of its dealings. Fourth. Such as it shall purchase at sales under judgments, decrees, or mortgages held by the association, or shall purchase to secure debts due to...
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Bailments, Carriers and Sales: With Questions, Problems and Forms ..., Book 3

Alfred William Bays - 1920 - 480 pages
...security for debts previously contracted. Third. Such as shall be conveyed to it in satisfaction of debts previously contracted in the course of its dealings....sales under judgment, decrees or mortgages held by the association or shall purchase to secure debts due it." It will thus be seen that a bank cannot...
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