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" ... provided, that at no time shall more than one-half of the funds in the treasury be applicable to the payment of such matured shares without the consent of the directors... "
Public Documents of Massachusetts - Page ii
by Massachusetts - 1902
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The Working Man's Way to Wealth: A Practical Treatise on Building ...

Edmund Wrigley - Savings and loan associations - 1874 - 124 pages
...portion of the profits as the By-Laws may determine, less all fines and other charges. Provided that at no time shall more than one-half of the funds in the Treasury be applicable to the demands of withdrawing Stockholders, without the consent of the Board of Directors, and that no Stockholder...
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The Working Man's Way to Wealth: A Practical Treatise on Building ...

Edmund Wrigley - Savings and loan associations - 1874 - 128 pages
...portion of the profits as the By-Laws may determine, less all fines and other charges. Provided that at no time shall more than one-half of the funds in the Treasury be applicable to tho demands of withdrawing Stockhelders, witheut the consent of the Board of Directors, and that no...
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Acts and Resolves Passed by the General Court of Massachusetts

Massachusetts - Law - 1877 - 496 pages
...charges accrued subsequent to said next preceding assessment and adjustment: provided, however, that at no time shall more than one-half of the funds in the treasury be applicable to the demands of withdrawing shareholders without the consent of the board of directors ; KD/&. further,...
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Acts and Resolves Passed by the General Court of Massachusetts

Massachusetts - Law - 1881 - 524 pages
...per cent, per annum on the sum so due and payable : provided, however, that at no time rrovt«o«. shall more than one-half of the funds in the treasury...matured shares without the consent of the directors ; and provided, further, that the directors of said corporation shall have the power at their discretion...
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Public Statutes Relating to Manufacturing and Other Corporations, Organized ...

Massachusetts. Commissioner of Corporations - Corporations - 1882 - 60 pages
...shall thereupon receive the withdrawing value of his shares at the date of the notice : provided, that at no time shall more than one-half of the funds in the treasury be applicable without the consent of the directors to the demands of withdrawing members. The directors may in their...
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Reports of Cases Argued and Determined in the Supreme Court of ..., Volume 88

Indiana. Supreme Court, Horace E. Carter, Albert Gallatin Porter, Gordon Tanner, Benjamin Harrison, Michael Crawford Kerr, James Buckley Black, Augustus Newton Martin, Francis Marion Dice, John Worth Kern, John Lewis Griffiths, Sidney Romelee Moon, Charles Frederick Remy - Law reports, digests, etc - 1883 - 678 pages
...such stockholder shall be entitled, in addition thereto, to legal interest thereon : Provided, That at no time shall more than one-half of the funds in the treasury be applicable to the demands of withdrawing stockholders, without the consent of the board of directors, and that no stockholder...
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Weekly Notes of Cases Argued and Determined in the Supreme Court ..., Volume 12

Law reports, digests, etc - 1883 - 632 pages
...members wish to withdraw at the same time, the first notice shall always talce precedence; provided, that at no time shall more than one-half of the funds in the treasury be applicable to withdrawing members without the consent of the board of directors." Before the Auditor the claims of...
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Acts and Resolves, General and Special, of the Commonwealth of Massachusetts ...

Massachusetts - Law - 1884 - 238 pages
...the by-laws may provide, and such shareholder shall be paid the balance : provided, Provisos, that at no time shall more than one-half of the funds in the treasury be applicable to the demands of withdrawing members, without the consent of the directors. The directors may at their discretion,...
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Publications of the American Economic Association, Volume 1

American Economic Association - Economic history - 1886 - 476 pages
...before the payment. All dividends on the stock cease. To avoid any run on the bank it is provided that at no time shall more than one-half of the funds in...matured shares, without the consent of the directors. The same provision is made with regard to those who would withdraw their shares, as any one may on...
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Labor Laws of the Commonwealth of Massachusetts Compiled from the Public ...

Massachusetts. Bureau of Statistics - Labor laws and legislation - 1886 - 62 pages
...the by-laws may provide, and such shareholder shall be paid the balance : pro- Provisos. vided, that at no time shall more than one-half of the funds in the treasury be applicable to the demands of withdrawing members without the consent of the directors. The directors may at their discretion,...
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