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Liability of stockholder, limitation of.....
of indebtedness of stock corporation ...
on consideration for issue of stocks, etc.
of action for stockholders' liability.
of stockholders' liability.....
of property, power to... ...
of meeting to change capital stock....
what may be appointed. ....
for stock on subscription in part..
for failure to make the proper entry in books.
for neglect to furnish financial statement, etc.....
23, 24, 25,
of stockholders for debts.
to be filed, etc.
of insurance corporation eligible as directors
20 28 3
Preferences by insolvent corporation forbidden.
on payment of dividends. Preferred creditor, when to account.
stock, on reorganization.
of inspectors of election
restrictions as tu suits against....
to collect stock subscriptions Reduction of capital stock....
of capital stock, when forbidden....
liability of, for receiver's acts
stockholder may assent to...
43 44, 56
23 29 43
4 8 5 6 30
83 6 27 27 54 40 52
of rights and franchises under mortgage.
division into classes.
Wages, etc., liability of stockholders for...
AN ACT in relation to banking corporations. APPROVED by the Governor May 18, 1892. Passed, three-fifths being present.
The People of the State of New York, represented in Senate and Assembly, do enact as follows:
CHAPTER XXXVII OF THE GENERAL LAWS.
THE BANKING LAW.
ARTICLE 1. General provisions (SS 1-33).
2. Banks (SS 40–92).
SECTION 23. Annual report of superintendent.
24. Reports presumptive evidence.
SECTION 1. Short title. - This chapter shall be known as the banking law, and shall be applicable to all corporations and individuals specified in the next section.
§ 2. Definitions. The term bank, when used in this chapter means any monied corporation authorized by law to issue bills, notes or other evidences of debt for circulation as money, or to receive deposits of money and commercial paper and to make loans thereon, and to discount bills, notes or other commercial paper, and to buy and sell gold and silver bullion or foreign coins or bills of exchange.
The term, individual banker, when so used, means a person who has complied with the requirements of law, and is authorized by the banking department to engage in the business of banking, and is subject to the supervision of the superintendent of banks and the banking law.
The term savings bank, when so used, means a corporation only authorized by the laws of this state to receive money on deposit and pay such rates of interest thereon, and to invest the same in such securities and obligations, as may be prescribed by law.
The term, trust company, when so used, means any domestic corporation formed for the purpose of taking, accepting and executing such trusts as may be lawfully committed to it and acting as trustee in the cases prescribed by law, and receiving deposits of moneys and other personal property, and issuing its obligations therefor, and of loaning money on real or personal securities.
The term, building and mutual loan corporations or associations, when so used, means a corporation formed for the purpose of accomulating a fund for the purchase of real property, the erection of buildings, or the making of other improvements on lands, or to pay off incumbrances thereon, or to aid its members in acquiring real