| 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... | |
| Joseph Henry Walker - 1881 - 124 sider
...the security of the shares of their own capital stock, or from purchasing or holding the same unless to prevent loss upon a debt previously contracted in good faith. And, even in the latter case, they are not permitted permanently to hold or to cancel shares so obtained,... | |
| William Colebrooke - 1883 - 734 sider
...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...be sold or disposed of at public or private sale, or in default thereof a receiver may be appointed to close up the bvsiness of the association." The... | |
| United States. Supreme Court - 1896 - 1242 sider
...banking association is prohibited by law from purchasing shares of its own capital stock, unless such purchase shall be necessary to prevent loss upon a debt previously contracted in good faith. (6) The purchase by officers of a national banking association of shares of its own capital stock,... | |
| 1883 - 876 sider
...any portion of its own stock, or of the capital stock of any other incorporated company, unless such purchase shall be necessary to prevent loss upon a debt previously contracted, in good faith, on security which at the time was deemed adequate to insure the payment of such stock independent of... | |
| United States. Supreme Court - 1883 - 890 sider
...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 in i;ood faith ; and stock so purchased or acquired shall, within six months from the time of its purchase,... | |
| United States. Supreme Court - 1883 - 1004 sider
...of the counts under consideration to aver that the purchase of the shares of the association was not necessary to prevent loss upon a debt previously contracted in good faith is a fatal defect. These counts merely charge that the defendant willfully misapplied the funds of... | |
| 1913 - 1236 sider
...provision is that "no bank shall * * * be the purchaser or holder of any such shares unless such security or purchase shall be necessary to prevent loss upon...its purchase, be sold or disposed of at public or privüte sale. After the expiration of six months any such stock shall not be considered as a part... | |
| 1884 - 1126 sider
...stock, and prohibit, also, every bank from purchasing or holding any such shares, unless such security or purchase shall be necessary to prevent loss upon a debt previously contracted in good faith. Surely an implication is inadmissible which contradicts either the letter or the spirit of the act.... | |
| 1901 - 1164 sider
...discounts on the security of the shares of Its own capital stock, * « * unless such security * * » shall be necessary to prevent loss upon a debt previously contracted in good faith." What, then, was the legislative purpose in regard to creating liens on the capital stock of banks?... | |
| |