Stock (Sec. 5201). —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... Public Documents of Massachusetts - Halaman loleh Massachusetts - 1894Tampilan utuh - Tentang buku ini
| New York (State) - 1905 - 1280 halaman
...each offense, forfeit to the people of the state twice the amount which he shall have borrowed. 5. No such corporation shall make any loan or discount...or purchase shall be necessary to prevent loss upon debt previously conOfficers of banking corporations prohibited from discount ' ' i K certain •videlicet... | |
| California - 1905 - 494 halaman
...said Bank Commissioners are a party. SEC. 23. No bank, banking corporation, person, or partnership, shall make any loan or discount on the security of...shares of its own capital stock, nor be the purchaser of any such shares, unless such security or purchase shall be necessary to prevent loss upon a debt... | |
| United States - 1905 - 1032 halaman
...Fed. Rep. 471. Sec. 5201. [Associations not to loan or purchase tliciir own- stock.] No association shall make any loan or discount on the security of the shares of its own capital stock, nor Ire the purchaser or holder of any such shares, unless such security or purchase shall be necessary... | |
| 1917 - 1220 halaman
...exception contained in the section prohibiting a national bank from purchasing its own shares, unless such purchase shall be necessary to prevent loss upon a debt previously contracted in good faith, must be negatived. — Id. An indictment charging that defendant, president of a national bank, "procured"... | |
| 1918 - 1330 halaman
...is as follows: "Xo association shall make any loan or discount on the security of the shares of it» own capital stock, nor be the purchaser or holder...purchase shall be necessary to prevent loss upon a debt prcviouly contracted in good faith; and stock so purchased or ucquired shall, within six months from... | |
| Oregon. Supreme Court, William Wallace Thayer, Joseph Gardner Wilson, Thomas Benton Odeneal, Julius Augustus Stratton, William Henry Holmes, Reuben S. Strahan, George Henry Burnett, Robert Graves Morrow, James W. Crawford, Frank A. Turner, Bellinger, Charles Byron - 1918 - 848 halaman
...provided, he shall be deemed guilty of a misdemeanor. National Banking Act declares that no association shall 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 such security or purchase shall be necessary... | |
| 1918 - 1328 halaman
...banking act above quoted. The provision in the federal act Is as follows: "No association shall inakc any loan or discount on the security of the shares of its own capital stock, nor bo the purchaser or holder of any such shares, unless such security or purchase shall be nccesaary... | |
| 1919 - 832 halaman
...provided he shall be deemed guilty of л misdemeanor. National Banking Act declares that no association shall 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 such security or purchase shall be necessary... | |
| 1919 - 316 halaman
...forfeit to the state the face value of the note or other evidence of debt so 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 such security or purchase shall be necessary... | |
| Nebraska. Supreme Court, David Allen Campbell, Guy Ashton Brown, Lorenzo Crounse, Walter Alber Leese, Lee Herdmen, Henry Clay Lindsay, Henry Paxon Stoddart - 1922 - 980 halaman
...own stock by a national bank is prohibited. The act, so far as applicable, follows : "No association shall make any loan or discount on the security of...purchaser or holder of any such shares, unless such I<rwa State & Savings Bank v. City Nat. Bank. security or purchase shall be necessary to prevent loss... | |
| |