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" No bank shall be the holder or purchaser of any portion of its own stock, or of the capital stock of any other incorporated company, unless such purchase shall be necessary to prevent loss upon a debt previously contracted, in good faith, on security... "
The Southern Law Review - Sivu 404
1883
Koko teos - Tietoja tästä kirjasta

United States Reports: Cases Adjudged in the Supreme Court at ..., Nide 301

United States. Supreme Court, John Chandler Bancroft Davis, Henry Putzel, Henry C. Lind, Frank D. Wagner - 1938 - 868 sivua
...the security of its own capital stock nor be a purchaser or hold its shares unless the security or purchase shall be necessary to prevent loss upon a debt previously contracted; it requires that the stock so obtained shall be sold within six months. Defendant suggests that, save...

Acts of the State of Ohio

Ohio - 1851 - 196 sivua
...shareholders; and no banking company shall be the holder or purchaser of any portion of its capital stock, or of the capital stock of any other incorporated...was deemed adequate to insure the payment of such debt, independent of any lien upon such stock; and stock so purchased shall in no case be held by the...

The Compiled Laws of the State of Michigan: Published by Authority, Osa 2

Michigan, Thomas McIntyre Cooley - 1857 - 998 sivua
..... . J " stock. shall bo necessary to prevent loss upon a debt previously Cortiflcnto; to specify. contracted in good faith, on security which at the...was deemed adequate to insure the payment of such debt, independent of any lien upon such stock; and stock so purchased shall in no case be held by the...

Acts and Joint Resolutions

Iowa - 1858 - 604 sivua
...persons not shareholders; and no branch shall be the holder or purchaser of any portion of its capital stock, or of the capital stock of any other incorporated...to prevent loss upon a debt previously contracted NO branch shnii in good faith, on security which at the time was deemed my oth'rstocks, adequate to...

Laws Enacted in the General Assembly of the Commonwealth of Pennsylvania ...

Pennsylvania. Laws, statutes, etc - 1860 - 994 sivua
...of the capitaphai stock 1 of ta ' stoc k of any other incorporated bank, unless such purchase buki. shall be necessary to prevent loss upon a debt previously...was deemed adequate to insure the payment of such debt, independent of any lien upon such stock, or in case of forfeitures of stock for the non-payment...

Revision of 1860

1860 - 1204 sivua
...¡-lock of any other ineorjjorated company, unless such purchase «hall be necevary to prevent lo-ч upon a debt previously contracted in good faith, on...security which at the time was deemed adequate to injure the payment of buch défit, independent of any lien upon such Яо ЬшкЬ rfuii utock ; or...

Laws Enacted in the General Assembly of the Commonwealth of Pennsylvania ...

Pennsylvania. Laws, statutes, etc - 1861 - 956 sivua
...unless such pur- chasers of capital chase shall be necessary to prevent loss upon a debt previously B contracted in good faith on security which at the...was deemed adequate to insure the payment of such debt independent of any lien upon which stock, or in case of forfeitures of stock for the non-payment-of...

The Merchants' Magazine and Commercial Review, Nide 48

1863 - 512 sivua
...persons. And no such banking association shall be the purchaser or holder of any portion of its capital stock, or of the capital stock of any other incorporated...prevent loss upon a debt previously contracted in good filth, oil security which, at the time, was deemed adequate to insure the payment of such debt, independent...

Journal: 1st-13th Congress . Repr. 14th Congress, 1st Session - 50th ..., Nide 1

United States. Congress. House - 1863 - 1180 sivua
...of its own capital stock, nor be the purchaser or holder of any such shares, unless such security or purchase shall be necessary to prevent loss upon a debt previously contracted in good faith; and stock so purchased or acquired shall, within six months from the time of its purchase, be sold...

American Slavery and Finances, Niteet 1–9

Robert John Walker - 1864 - 406 sivua
...shareholders as cnpiinl stock the purchaser or holder of any portion of its capital stock, or forbidden. o f the capital stock of any other incorporated company,...loss upon a debt previously contracted in good faith, or security which, at the time, was deemed adequate to insure the payment of such debt, independent...




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