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" Dividends (Sec. 5199). —The directors of any association may semiannually declare a dividend of so much of the net profits of the association as they shall judge expedient; but each association shall, before the declaration of a dividend, carry one-tenth... "
Public Debt Ceiling: Hearings, Ninetieth Congress, First Session ... May 15 ... - Halaman 265
oleh United States. Congress. House. Committee on Ways and Means - 1967 - 286 halaman
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Michigan Reports: Cases Decided in the Supreme Court of Michigan, Volume 161

Michigan. Supreme Court, Randolph Manning, George C. Gibbs, Thomas McIntyre Cooley, Elijah W. Meddaugh, William Jennison, Hovey K. Clarke, Hoyt Post, Henry Allen Chaney, William Dudley Fuller, John Adams Brooks, Marquis B. Eaton, Herschel Bouton Lazell, James M. Reasoner, Richard W. Cooper - 1910 - 806 halaman
...said stock. * * *" It is also provided (section 6102) that : "The board of directors of a bank may declare a dividend of so much of the net profits of the bank, after providing for all expenses, losses, interest, and taxes accrued or due from said bank,...
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Reports of Cases Argued and Adjudged in the Supreme Court of the ..., Volume 57

United States. Supreme Court - 1855 - 702 halaman
..." the directors of each banking company, semiannually, on the first Mondays of May and November, to declare a dividend of so much of the net profits of the company as they shall judge expedient ; and on each dividend day the cashier shall make out and verify...
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The Compiled Laws of the State of Michigan: Published by Authority, Bagian 2

Michigan, Thomas McIntyre Cooley - 1857 - 998 halaman
...The directors of each bank shall semianmially, on «!»r«a- the first Monday in July and December, declare a dividend of so much of the net profits of the bank as they shall deem expedient, and on each of said days the President or Cashier Btatementof con-...
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Documents Accompanying the Journal

Michigan. Legislature. Senate - 1857 - 612 halaman
...•'Sec. 18. The directors of each bank shall semi-annually on the first Monday in July and December, declare a dividend of so much of the net profits of the bank as they shall deem expedient; and on each of said days the President or Cashier shall make a full,...
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Public and Local Acts of the Legislature of the State of Michigan, Volume 2

Michigan - 1857 - 1012 halaman
...each bank shall semiannual! v. on ridond.1 to be do- * ctarod. the first Monday in July and December, declare a dividend of so much of the net profits of the bank as they shall deem expedient, and on each of said days the President or Cashier sutementor con-...
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Laws Enacted in the General Assembly of the Commonwealth of Pennsylvania ...

Pennsylvania. Laws, statutes, etc - 1861 - 956 halaman
...directors of each bank shall semi-anonaciJ° aja clar * da "y' on l ^ e ^ rst Monday ' n -May and November, declare a dividend of so much of the net profits of the bank as they shall judge expedient, and pay the same to the stockholders on deLimitation, mand of,...
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Journal: 1st-13th Congress . Repr. 14th Congress, 1st Session ..., Volume 1

United States. Congress. House - 1863 - 1180 halaman
...33. And be it further enacted, That the directors of any association may, semi-annually, each year, declare a dividend of so much of the net profits of the association as they shall judge expedient ; but each association shall, before the declaration of a...
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A Treatise on the Law Relating to Banks and Banking: With an Appendix ...

John Torrey Morse (Jr.) - 1870 - 600 halaman
...33. And be it further enacted, That the directors of any association may, semi-annually, each year, declare a dividend of so much of the net profits of the association as they shall judge expedient ; but each association shall, before the declaration of a...
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Reports of Decisions in the Supreme Court of the United States ..., Volume 21

United States. Supreme Court, Benjamin Robbins Curtis - 1870 - 788 halaman
..."the directors of each banking company, semiannually, on the first Mondays of May and November, to declare a dividend of so much of the net profits of the company as they shall judge expedient; and on each dividend day the cashier shall make out and verify...
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Acts of the Legislature of the State of Michigan, Volume 1

Michigan - 1871 - 570 halaman
...Direetors; Sec. 18. The directors of each bank shall, semi-annually, on when shall * in January and July, declare a dividend of so much of the net profits of the bank as they shall deem expedient, TO maks and on each of said days the president or cashier shall...
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