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" ... of its net profits of the preceding half year to its surplus fund until the same shall amount to 20 per centum of its capital stock. "
Digest of the Banking, Trust Company, and Building and Loan Association Laws ... - Halaman 61
oleh Pennsylvania - 1907 - 180 halaman
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An Analytical Digest of the Laws of the United States, Volume 2

Frederick Charles Brightly - 1869 - 680 halaman
...nividiTds but each association shall, before the declaration of a dividend, carry one-tenth part of its to constitute a part of his distillery premises, to be used only the same shall amount to twenty per centum of its capital stock. 34. No national banking association...
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Practical Information Concerning the Public Debt of the United States: With ...

William Adams Richardson - 1873 - 192 halaman
...each association shall, Restriction. before the declaration of a dividend, carry one-tenth part of its net profits of the preceding half year to its surplus fund, until the same shall amount to twenty per centum of its capital stock. 13 SEC. 34. [Relating to reports,...
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Practical Information Concerning the Public Debt of the United States: With ...

William Adams Richardson - 1873 - 208 halaman
...each association shall, Restriction. before the declaration of a dividend, carry one-tenth part of its net profits of the preceding half year to its surplus fund, until the same shall amount to twenty per centum of its capital stock.' 3 SEC. 34. [Relating to reports,...
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Report of the Secretary of the Treasury on the State of the Finances

United States. Department of the Treasury - 1875 - 926 halaman
...only that a national bank shall, before the declalation of a dividend, carry one-tenth part of its net profits of the preceding half year to its surplus fund, until the same shall amount to twenty per centum of its capital, but that losses and bad debts shall be •deducted...
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The Abridgment ... Containing the Annual Message of the President of the ...

United States. President - 1875 - 934 halaman
...only that a national bank shall, before the declaration of a dividend, carry one-tenth part of its net profits of the preceding half year to its surplus fund, until the same shall amount to twenty per centum of its capital, but that losses and bad debts shall be deducted...
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Laws Enacted in the General Assembly of the Commonwealth of Pennsylvania ...

Pennsylvania. Laws, statutes, etc - 1876 - 288 halaman
...each year, as they may see fit, declaie a dividend of so much of the net profits of such corporation as they shall judge expedient and pay the same to...capital stock; if the directors of the corporation shall . o?aiTectoiV lal " mt5 make any dividends which shall impair the capital thereof, such directors consenting...
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House Documents, Otherwise Publ. as Executive Documents: 13th ..., Volume 11

United States. Congress. House - 1878 - 668 halaman
...that each national bank shall, before the declaration of every dividend, carry one-tenth part of its net profits of the preceding half year to its surplus fund, until the same shall amount to twenty per cent, of its capital, but that no association or any member thereof...
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The American Reports: Containing All Decisions of General ..., Volume 22

Isaac Grant Thompson - 1878 - 860 halaman
...approved June 3, 1864 — 13 Stats, at Large, 111 — enacts : Pint National Bank v. Peterborough. net profits of the preceding half year to its surplus fund, until the game shall amount to twenty per centum of its capital stock." " § 40. That the president and cashier...
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National Bank Cases: Containing All Decisions of Both the Federal and State ...

Isaac Grant Thompson - 1878 - 1018 halaman
...expedient; but each association shall, before the declaration of a dividend, carry one-tenth of its net profits of the preceding half year to its surplus fund, until the same ahall amount to twenty per centum of its capital stock." " § 40. That the president and cashier...
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Pratt's Digest of the Revised Statutes of the United States Relating to ...

A.S. Pratt & Sons - 1883 - 130 halaman
...declared by the directors thereof; but that before each dividend every bank shall carry one tenth of its net profits of the preceding half year to its surplus fund until it shall equal twenty per cent. of the capital stock. Section 5200 provides that liabilities of any...
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