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" ... the preceding half year to its surplus fund until the same shall amount to 20 per centum of its capital stock. "
Pratt's Digest of the Revised Statutes of the United States Relating to ... - Página 21
1878 - 104 páginas
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An Analytical Digest of the Laws of the United States, Volume 2

Frederick Charles Brightly - 1869 - 680 páginas
...expedient; nividiTds but each association shall, before the declaration of a dividend, carry one-tenth part on and to constitute a part of his distillery premises, to be used only the same shall amount to twenty per centum of its capital stock. 34. No national banking association...
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Practical Information Concerning the Public Debt of the United States: With ...

William Adams Richardson - 1873 - 208 páginas
...but each association shall, Restriction. before the declaration of a dividend, carry one-tenth part of its net profits of the preceding half year to its surplus fund, until the same shall amount to twenty per centum of its capital stock.' 3 SEC. 34. [Relating to reports,...
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Practical Information Concerning the Public Debt of the United States: With ...

William Adams Richardson - 1873 - 192 páginas
...but each association shall, Restriction. before the declaration of a dividend, carry one-tenth part of its net profits of the preceding half year to its surplus fund, until the same shall amount to twenty per centum of its capital stock. 13 SEC. 34. [Relating to reports,...
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Report of the Secretary of the Treasury on the State of the Finances

United States. Department of the Treasury - 1875 - 926 páginas
...provides not only that a national bank shall, before the declalation of a dividend, carry one-tenth part of its net profits of the preceding half year to its surplus fund, until the same shall amount to twenty per centum of its capital, but that losses and bad debts shall be •deducted...
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The Abridgment ... Containing the Annual Message of the President of the ...

United States. President - 1875 - 934 páginas
...provides not only that a national bank shall, before the declaration of a dividend, carry one-tenth part of its net profits of the preceding half year to its surplus fund, until the same shall amount to twenty per centum of its capital, but that losses and bad debts shall be deducted...
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Laws Enacted in the General Assembly of the Commonwealth of Pennsylvania ...

Pennsylvania. Laws, statutes, etc - 1876 - 288 páginas
...net profits of the preceding quarter, if it is a quarterly dividend, and at least one-tenth of the net profits of the preceding half year, to its surplus fund until such surplus fund shall amount to twenty-five per centum of its capital stock; if the directors of...
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National Bank Cases: Containing All Decisions of Both the Federal and State ...

Isaac Grant Thompson - 1878 - 1018 páginas
...judge expedient; but each association shall, before the declaration of a dividend, carry one-tenth of its net profits of the preceding half year to its surplus fund, until the same ahall amount to twenty per centum of its capital stock." " § 40. That the president and cashier...
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House Documents, Otherwise Publ. as Executive Documents: 13th ..., Volume 11

United States. Congress. House - 1878 - 668 páginas
...only that each national bank shall, before the declaration of every dividend, carry one-tenth part of its net profits of the preceding half year to its surplus fund, until the same shall amount to twenty per cent, of its capital, but that no association or any member thereof...
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The American Reports: Containing All Decisions of General ..., Volume 22

Isaac Grant Thompson - 1878 - 860 páginas
...approved June 3, 1864 — 13 Stats, at Large, 111 — enacts : Pint National Bank v. Peterborough. net profits of the preceding half year to its surplus fund, until the game shall amount to twenty per centum of its capital stock." " § 40. That the president and cashier...
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Acts Passed by the General Assembly of Georgia

Georgia - 1883 - 754 páginas
...payrerceiHuge ing its debts; but, before declaring such dividend, they shall curry of net prof- one-tenth of its net profits of the preceding half year to its surplus its reserved. ,, , ., , i 11 ? ct -^ To Incorporate the Merchants' and Planters' Hank of Forsyth. their...
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