 | Wisconsin - 1897 - 1354 pages
...personal liability of stockholders, until such reduction has been approved by the bank commissioner. Such approval must be based upon a finding by him that the security of the existing creditors will not be impaired by the proposed reduction. £? t r y aoual pr0|> bank shall... | |
 | Wisconsin - 1903 - 1006 pages
...provisions of this act for capital, nor be valid or warrant the cancellation of stock certificates or diminish the personal liability of stockholders,...reduction has been approved by .the commissioner of banking. Such approval must be based upon a finding by him that the security of the existing creditors... | |
 | Wisconsin. Banking Dept - 1904 - 572 pages
...provisions of this act for capital, nor be valid or warrant the cancellation of stock certificates or diminish the personal liability of stockholders,...reduction has been approved by the commissioner of banking. Such approval must be based upon a finding by him that the security of the existing creditors... | |
 | Wisconsin - 1935 - 1310 pages
...provisions of this act for capital, nor be valid or warrant the cancellation of stock certificates or diminish the personal liability of stockholders, until such reduction has been approved by the * * * banking commission; nor shall any such reduction ~be effected in any other way than by a pro... | |
 | Maryland - 1916 - 748 pages
...provisions of this article for capital, nor be valid nor warrant the cancellation of stock certificates, or diminish the personal liability of stockholders, until such reduction has been approved by the Bank Commissioner. Such approval must be based upon a finding by him that the remaining assets of the... | |
 | Maryland - 1918 - 1180 pages
...provisions of this Act for capital, nor be valid nor warrant the cancellation of stock certificates, or diminish the personal liability of stockholders, until such reduction has been approved by the Bank Commissioner. Such approval must be based upon a finding by him that the remaining assets of the... | |
 | Michigan - 1919 - 914 pages
...stock certificates, or diminish the personal liability of stockholders, or members of an association, until such reduction has been approved by the Commissioner...not be impaired by the proposed reduction. SEC. 11. At least three-fourths of the directors of any industrial bank shall be residents of the State of Michigan,... | |
 | Ohio - 1919 - 1066 pages
...until it has been approved by the superintendent of banks. Such approval shall not be given except upon a finding by him that the security of existing creditors of the corporation will not be impaired. SECTION 61. The corporate powers, business and property of banks... | |
 | Michigan - 1923 - 666 pages
...section one for stock, capital, nor be valid or warrant the cancellation of stock approvalcertificates, or diminish the personal liability of stockholders...the banking department. Such approval must be based Bads of upon a finding by him that the security of existing creditors ai'1""1-' of the bank will not... | |
 | Wisconsin - 1955 - 850 pages
...required under * * * this act for capital, nor be valid or warrant the cancellation of stock certificates or diminish the personal liability of stockholders,...such reduction has been approved by the commissioner; nor shall any reduction be effected in any other way than by a pro rata reduction of all outstanding... | |
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... for capital, nor be valid or warrant the cancellation of stock certificates, or diminish the personal liability of stockholders until such reduction has been approved by the Commissioner of the Banking Department. Such approval must be based upon... 
