| Francis Buchanan Tiffany - 1912 - 732 páginas
...security of, as well as from purchasing, their own stock.02 The National Bank Act provides that no bank shall make any loan or discount on the security of the shares of its own capital stock, nor be purchaser or holder of any such shares, unless necessary to prevent loss upon a debt previously contracted... | |
| 1913 - 1234 páginas
...not«. 61 LRA 621. As to a banking corporation, the statutory provision is that "no bank shall * * * be the purchaser or holder of any such shares unless...purchase shall be necessary to prevent loss upon a délit previously contracted in good faith; and stock so purchased or acquired shall, within six months... | |
| 1913 - 1348 páginas
...Indei« n LRA 621. As to a banking corporation, the statutory provision Is that "no bank shall * * * be the purchaser or holder of any such shares unless...security or purchase shall be necessary to prevent loss apon a debt previously contracted in good Calth; and stock so purchased or acquired diall, within six... | |
| George Wilson Morgan, Amasa Junius Parker - 1914 - 562 páginas
...purchased. 6. Shall not make any loan or discount on the security of the shares of its own capital stock, or be the purchaser or holder of any such shares, unless...good faith, and stock so purchased or acquired shall be sold at public or private sale, or otherwise disposed of, within six months from the time of its... | |
| Nevada - 1915 - 728 páginas
...stock of any bank or trust company or corporation, nor make any loans or discounts upon the security or the shares of its own capital stock, nor be the purchaser...faith, and stock so purchased or acquired shall, within twelve months from the time of its purchase, be sold or disposed of at public or private sale; after... | |
| George Wilson Morgan, Amasa Junius Parker - 1915 - 572 páginas
...purchased. 6. Shall not make any loan or discount on the security of the shares of its own capital stock, or be the purchaser or holder of any such shares, unless...good faith, and stock so purchased or acquired shall be sold at public or private sale, or otherwise disposed of, within six months from the time of its... | |
| South Dakota. Supreme Court - 1915 - 758 páginas
...loans or discounts on the security of the shares of its own capital stock, nor be the purchaser nor holder of any such shares unless such security or...upon a debt 'previously contracted in good faith." This statute means just what it says. The bank could not become the purchaser or holder of its own... | |
| 1915 - 732 páginas
...Nat. Bank v. Shewalter, 134 SW 42, (NY) Rev. St. US § 5201 (Comp. St. 1913, § 9762), provides that no association shall make any loan or discount on...of the shares of its own capital stock, nor be the holder or purchaser of any such shares, etc. Held, that where a contract in violation of this provision... | |
| New Hampshire - 1915 - 476 páginas
...shall make a loan or discount, on chase ot own stock , •*_*«.!. e •*. •*. ii ^ ^ regulated. the security of the shares of its own capital stock, nor be the purchaser or holder of such shares unless such security or purchase shall be necessary to prevent loss upon a debt previously... | |
| New York (State) - 1916 - 526 páginas
...purchased. 6. Shall not make any loan or discount on the security of the shares of its own capital stock, or be the purchaser or holder of any such shares, unless...good faith, and stock so purchased or acquired shall be sold at public or private sale, or otherwise disposed of, within six months from the time of its... | |
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