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" No association shall make any loan or discount on the security of the shares 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... "
The Northwestern Reporter - Seite 297
1894
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Public Documents of Massachusetts, Band 6,Teil 1

Massachusetts - 1894 - 760 Seiten
...real and personal property upon such terms as may be agreed upon. SECT. 16. No such corporation shall make any loan or discount on the security of the shares of its own capital stock, nor be the purchaser or holder of any such shares, unless such security or purchase shall be necessary...
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Journal: 1st-13th Congress . Repr. 14th Congress, 1st Session - 50th ..., Band 1

United States. Congress. House - 1863 - 1178 Seiten
...redemption of their circulation. "ЙЕС. 35. And be it further enac/i'd, That no association shall make any loan or discount on the security of the shares of its own capital stock, nor be the purchaser or holder of any such shares, unless such security or purchase shall be necessary...
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The Merchants' Magazine and Commercial Review, Band 51

1864 - 496 Seiten
...the redemption of their circulation. Sec. 86. And he it further enacted, That no association shall make any loan or discount on the security of the shares of its own capital stock, nor be the purchaser or holder of any such shares, unless such security or purchase shall he necessary...
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The Bank of England: And the Organisation of Credit in England

Charles Tennant - 1866 - 894 Seiten
...return the amount due to them available for the redemption of this circulation. Sec. 35. No Association to make any loan or discount on the security of the shares of its own capital stock, nor be the purchaser or holder of any such shares, unless such security or purchase shall be necessary...
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Cases Argued and Adjudged in the Supreme Court of the United States, Band 18

United States. Supreme Court - 1874 - 726 Seiten
...abovequoted. On the contrary, the new act by its thirty-fifth section enacted, " That no association shall make any loan or discount on the security of the shares of its own capital stock, nor be tho purchaser nor holder of any such shares, unless such security or purchase shall be necessary...
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The Voter's Text Book: Comprising a Collection of the Most Important ...

James M. Hiatt - 1868 - 438 Seiten
...issued by any association existing under and by virtue of this act. SEO. 35. That no association shall make any loan or discount on the security of the shares of its own capital stock, nor be the purehaser or holder of any such shares, unless such security or purchase shall be necessary...
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An Analytical Digest of the Laws of the United States, Band 2

Frederick Charles Brightly - 1869 - 680 Seiten
...the national banking law, approved June 3d 1864.(6) VI. GENERAL PROVISIONS. 36. No association shall ciation shall fail to redeem its circulating notes as afor 3 June ISM -;?',. its own capital stock, nor be the purchaser or holder of any such shares, unless...
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A Treatise on the Law Relating to Banks and Banking: With an Appendix ...

John Torrey Morse (Jr.) - 1870 - 600 Seiten
...the redemption of their circulation. SEC. 35. And be it further enacted, That no association shall make any loan or discount on the security of the shares of its own capital stock, nor be the purchaser or holder of any such shares, unless such security or purchase shall be necessary...
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Albany Law Journal, Band 28

1884 - 550 Seiten
...writ of error. FIELD, J. Section 5,201 of the Revised Statutes declares that " no association shall make any loan or discount on the security of the shares of its own capital stock, nor be the purchaser or holder of any such shares, unless such security or purchase shall be necessary...
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The American Law Register, Band 10

1871 - 874 Seiten
...board of directors to make bylaws, but declares they must not be inconsistent with its provisions. loan or discount on the security of the shares of its own capital stock, nor he the purchaser or holder of any such shares unless to prevent loss on a debt previously contracted...
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