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" ... 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 in good faith; and stock so purchased... "
A Treatise on the Law Relating to Banks and Banking: With an Appendix ... - Side 509
av John Torrey Morse (Jr.) - 1870 - 542 sider
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Laws of the United States Relating to Loans and the Currency, Since 1860

United States - 1878 - 310 sider
...within thirty days from the date of such cancelation, be increased to the requirements of the act ; in default of which a receiver may be appointed to...of the association according to the provisions of the fiftieth section of this act. United states SEC. 16. And be it further enacted, That every association,...
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National Bank Cases: Containing All Decisions of Both the Federal and State ...

Isaac Grant Thompson - 1878 - 1018 sider
...debt previously contracted in good faith, 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 thereof a receiver may be appointed to close up the business of the association, according...
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Albany Law Journal, Volum 17

1878 - 560 sider
...debt previously contracted In good faith, 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 thereof a receiver may be appointed to close up the business of the association, according...
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National Bank Cases: Containing All Decisions of Both the Federal ..., Volum 2

Irving Browne - 1880 - 638 sider
...debt previously contracted in good faith ; 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 thereof, a receiver may be appointed to close up the business of the association, according...
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The Supreme Court Reporter, Volum 24

1904 - 906 sider
...into liquidation, as provided by law, for three months after receiving notice from the Comptroller, a receiver may be appointed to close up the business...of the association according to the provisions of § 5234. This important provision is entitled to much weight in determining the proper construction...
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United States Reports, Supreme Court: Cases Argued and Adjudged in ..., Volum 17

United States. Supreme Court - 1883 - 890 sider
...previously contracted in i;ood faith ; 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 thereof, a receiver may be appointed to close up the business of the association." While...
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A Treatise on the Law of Collateral Securities: As Applied to Negotiable ...

William Colebrooke - 1883 - 734 sider
...debt previously contracted in good faith, 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 thereof a receiver may be appointed to close up the bvsiness of the association." The...
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Supreme Court Reporter, Volum 16

United States. Supreme Court - 1896 - 1242 sider
...debt previously contracted In good faith; 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 thereof, Z я receiver may be appointed to close up the • business of the-assoc-int...
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Supreme Court Reporter, Volum 2

United States. Supreme Court - 1883 - 1004 sider
...the time of itspurchase, be sold or disposed of at public or private sale ; or, in default thereof, a receiver may be appointed to close up the business of the association. " While this section in terms prohibits a banking association from making a loan upon the security...
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The Pacific Reporter, Volum 208

1922 - 1184 sider
...into liquidation, as provided by law, for three months after receiving notice from the comptroller, a receiver may be appointed to close up the business...of the association according to the provisions of section 5234. This important provision is entitled to much weight in determining the proper construction...
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