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... Ohio Circuit Court Reports: New Series - Página 296de Ohio. Circuit Court - 1914Visualização completa - Sobre este livro
| United States. Congress. House - 1863 - 1180 páginas
...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 or acquired shall, within six months from the time of its purchase, be sold... | |
| Robert John Walker - 1864 - 414 páginas
...association shall be capital stock the purchaser or holder of any portion of its capital stock, or forbidden. of the capital stock of any other incorporated company,...loss upon a debt previously contracted in good faith, or security which, at the time, was deemed adequate to insure the payment of such debt, independent... | |
| 1864 - 496 páginas
...stock, nor be the purchaser or holder of any such shares, unless such security or purchase shall he necessary to prevent loss upon a debt previously contracted in good faith ; and stock so purchased or acquired shall, within six months from the time of its purchase, he sold... | |
| Charles Tennant - 1866 - 894 páginas
...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 or required to be sold or disposed of, at public or private sale, within six... | |
| United States. Supreme Court - 1874 - 726 páginas
...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.... | |
| James M. Hiatt - 1868 - 438 páginas
...of its own capital stock, nor be the purehaser 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 or acquired, shall, within six months from the time of its purchase, be sold... | |
| John Torrey Morse (Jr.) - 1870 - 600 páginas
...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 or acquired shall, within six mouths from the time of its purchase, be sold... | |
| 1872 - 886 páginas
...shareholders as of other persons : and no such banking association shall be the purchaser or holder of any portion of its capital stock, or of the capital...previously contracted in good faith, on security which, at thStime, was deemed adequate to insure the payment of such debt, independent of any lion upon such... | |
| Ohio. Supreme Court - 1912 - 644 páginas
...stock, and no banking company shall be the holder or purchaser of any portion of its capital stock unless such purchase shall be necessary to prevent...loss upon a debt previously contracted in good faith, etc., it does not say that if the bank did take this stock, it could not hold it as against the pledgor.... | |
| William Adams Richardson - 1873 - 192 páginas
...stock, 14 nor be the purchaser or holder shares, except m of any such srmres, unless such security or purchase shall be necessary to prevent loss upon a debt previously contracted in good faith; and stock so purchased or acquired shall, within six months from the time of its purchase, be sold... | |
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