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" the extent of the amount of the stock therein, at the par value thereof, in addition to the amount invested In such shares. To permit a trust company to purchase shares of its own capital stock would permit it to impair the security intended for the benefit... "
Annual Report of the Commissioner of the Banking Department of the State of ... - Page lxiv
by Michigan. Banking Division - 1922
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The American State Reports: Containing the Cases of General Value ..., Volume 3

Abraham Clark Freeman - 1888 - 978 pages
...for all contracts, debts, and engagements of such association to the extent of the amount of their stock therein, at the par value thereof, in addition to the amount invested i:i such shares." Under this act, it is further left to the comptroller of the currency to determine...
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Acts of the General Assembly of the Commonwealth of Kentucky, Passed, Volume 1

Kentucky - 1890 - 1454 pages
...another, for all contracts, debts and engagements of this corporation to the extent of the amount of their stock therein at the par value thereof, in addition to the amount invested in such shares ; and persons holding stock as executors, administrators, guardians or trustees, shall not be personally...
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Laws Passed at the 1st- Session of the Legislature of the State of South ...

South Dakota - 1893 - 438 pages
...liable for all contracts, debts and engagements of such corporation to the extent of the amount of their stock therein, at the par value thereof, in addition to the amount invested in such shares or stock; and such individual liabilities shall continue for one year after any transfer or sale of...
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Report of Senate Revision Committee, Appointed Under Senate Resolution No. 91

Kansas. Legislature. Senate. Revision Committee - 1890 - 248 pages
...engagements of such association 4 made or entered into to the extent of the amount of his stock therein, 5 at the par value thereof, in addition to the amount invested in and due 6 on such shares. SEC. 17. No bank shall make any loans or discounts on the security 2 of the...
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Laws Passed at the 1st- Session of the Legislature of the State of South ...

South Dakota - 1891 - 388 pages
...liable for all contracts, debts and engagements of such corporation to the extent of the amount of their stock therein, at the par value thereof, in addition to the amount invested in such shares or stock; and such individual liabilities shall continue for one year after any transfer or sale of...
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Hand-book for Bank Officers

George Mathewes Coffin - 1893 - 186 pages
...for all contracts, debts, and engagements of such association, to the extent of the amount of their stock therein, at the par value thereof, in addition to the amount invested in such shares; except that shareholders of any banking association now existing underState laws, having not less than...
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Reports of Cases Argued and Adjudged in the Supreme Court of the District of ...

Franklin Hubbell Mackey, District of Columbia. Supreme Court - 1883 - 636 pages
...another, for all contracts, debts and engagements of such association to the extent of the amount of their stock therein at the par value thereof in addition to the amount invested in such shares. At common law, except in several well known cases, a married woman could not bind herself by contracts,...
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The Convention Manual, Volume 2, Part 2

New York (State). Constitutional Convention, George A. Glynn - 1894 - 1120 pages
...such banks. contracts, debts and engagements of such corporation to the extent of the amount of their stock therein, at the par value thereof, in addition to the amount invested in such shares or stock ; and such individual liabilities shall continue for one year after any transfer or sale of...
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The American Law Register and Review, Volume 42

1894 - 976 pages
...another for all contracts debts and engagements of such association to the extent of the amount of their stock therein, at the par value thereof, in addition to the amount invested in such shares." ยง 5234, US Rev. Stat., provides that the Comptroller of the Currency may, on becoming satisfied that...
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Sound Currency

1895 - 558 pages
...for all contracts, debts and engagements of such association, to the extent of the amount of their stock therein, at the par value thereof, in addition to the amount invested in such shares ; except that shareholders of any banking association now existing under State laws having not less...
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