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" 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 debt previously contracted... "
General Laws of the State of Idaho ... - Side 396
av Idaho - 1911
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Laws of the United States Relating to Loans and the Currency, Since 1860

United States - 1878 - 310 sider
...shall make any loan or discount on the security ot the own stock. shares of its own capital stock, nor be the purchaser or holder of any such shares, unless...and stock so purchased or acquired shall, within six months from the time of its purchase, be sold or disposed of at public or private sale, in default...
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Albany Law Journal, Volum 17

1878 - 560 sider
...association shall make any loan or discount on the security of the shares of ita own capital stock, nor be the purchaser or holder of any such shares, unless...and stock so purchased or acquired shall within six months from the time of its purchase be sold or disposed of at public or private sale, or iu default...
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Reports of Cases Determined in the Circuit Court of the United States for ...

United States. Circuit Court (1st Circuit), William Henry Clifford - 1878 - 766 sider
...of the act to make any loan or discount on the security of the shares of its own capital stock, or to be the purchaser or holder of any such shares,...loss, upon a debt previously contracted in good faith. 13 Stat. at Large, 110. Just such a provision is contained in the banking law of the State of Connecticut,...
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National Bank Cases: Containing All Decisions of Both the Federal and State ...

Isaac Grant Thompson - 1878 - 1018 sider
...association shall make any loan or discounts on the security of the shares of its own capital stock, nor be the purchaser or holder of any such shares, unless...or purchase shall be necessary to prevent loss upon any debt previously contracted in good faith, and stocks so purchased or acquired shall, within six...
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Reports of Cases in the Supreme Court of Nebraska, Volum 7

Nebraska. Supreme Court, David Allen Campbell, Guy Ashton Brown, Lorenzo Crounse, Walter Alber Leese, Lee Herdmen, Henry Clay Lindsay, Henry Paxon Stoddart - 1878 - 632 sider
...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...security or purchase shall be necessary to prevent a loss upon a debt previously contracted in good faith; and stock so purchased or acquired shall, within...
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National Bank Cases: Containing All Decisions of Both the Federal ..., Volum 2

Irving Browne - 1880 - 638 sider
...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...security or purchase shall be necessary to prevent a loss upon a debt previously contracted in good faith ; and stock so purchased or acquired shall,...
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Albany Law Journal, Volum 23

1881 - 556 sider
...of any of its stock, or of the stock of any other incorporated company, unless such purchase should be necessary to prevent loss upon a debt previously contracted in good faith, oil security, which at the time was deemed adequate to insure the payment of such debt independent...
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Supreme Court Reporter, Volum 2

United States. Supreme Court - 1883 - 1004 sider
...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...and stock so purchased or acquired shall, within six months from the time of itspurchase, be sold or disposed of at public or private sale ; or, in default...
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A Treatise on the Law of Collateral Securities: As Applied to Negotiable ...

William Colebrooke - 1883 - 734 sider
...association shall make any loan or discount on tLe security of the shares of its own capital stock, nor be the purchaser or holder of any such shares, unless...and stock so purchased or acquired shall, within six months from the time of its purchase, be sold or disposed of at public or private sale, or in default...
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United States Reports, Supreme Court: Cases Argued and Adjudged in ..., Volum 17

United States. Supreme Court - 1883 - 890 sider
...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...prevent loss upon a debt previously contracted in i;ood faith ; and stock so purchased or acquired shall, within six months from the time of its purchase,...
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