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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 National Bank Act: With All Its Amendments Annotated and Explained

John Melville Gould - 1904 - 316 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 than...
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Annual Report of the Commissioner of Banking of State and Mutual Savings Banks

Wisconsin. Banking Dept - 1904 - 572 pages
...ratably, not one for another, for the benefit of creditors of said bank to the amount of their stock at the par value thereof, in addition to the amount invested in said stock. Such liability shall continue for six months after any transfer of stock, as to the affairs...
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Acts and Resolves Passed by the General Court

Massachusetts - 1905 - 856 pages
...one for another, for all contracts, debts and engagements of the corporation, to the amount of their stock therein at the par value thereof, in addition to the amount invested in such shares. The provisions of sections sixty to sixty-eight, inclusive, of chapter one hundred and ten shall apply...
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Enabling Act and State Constitution with Side Notes and Index

Washington (State) - 1905 - 96 pages
...corporation or association accruing while they remain such stockholders, to the extent of the amount of their stock therein at the par value thereof, in addition to the amount invested in such shares. Sec. 12. Any president, director, manager, casnier, or other officer of any banking institution who...
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Laws Passed At... Session of the Legislative Assembly of the State of North ...

North Dakota - 1905 - 414 pages
...contracts, debts and engagements of such association made or entered into to the extent of the amount of his stock therein at the par value thereof, in addition to the amount invested in and due on such shares. Such individual liability shall continue for one year after any transfer or...
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International Library of Technology: A Series of ..., Volume 44, Part 2

1906 - 538 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 than...
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United States Reports: Cases Adjudged in the Supreme Court, Volume 201

United States. Supreme Court - 1906 - 738 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." Section 2 of the act of June 30, 1876, 19 Stat. 63, is as follows: "SEC. 2. That when any national...
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United States Reports: Cases Adjudged in the Supreme Court at ..., Volume 202

United States. Supreme Court, John Chandler Bancroft Davis, Henry Putzel, Henry C. Lind, Frank D. Wagner - 1906 - 720 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; ... 202 U. 8.- Opinion of the Court. at public auction. They were bidden in by a purchaser who paid...
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A Treatise on the Law of National and State Banks: Including the Clearing ...

Harvey White Magee - 1906 - 864 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 than...
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Annual Report [etc.] on State Banks, Mutual Savings Banks and ..., Issue 11

Wisconsin. Banking Dept - 1906 - 644 pages
...ratably, not one for another, for the benefit- of creditors of said bank to the amount of their stock at the par value thereof, in addit-ion to the amount invested in said stock. Such liability shall continue for six months after any transfer of stock, as to the affairs...
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