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" ... 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 in good faith; and stock... "
Public Documents of Massachusetts - Page xxxviii
by Massachusetts - 1899
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Journal: 1st-13th Congress . Repr. 14th Congress, 1st Session ..., Volume 1

United States. Congress. House - United States - 1863 - 1180 pages
...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 or disposed of at public or private sale, in default of which a receiver may be appointed to close up the business of the association, according...
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The Voter's Text Book, Comprising a Collection of the Most Important ...

James M. Hiatt - United States - 1868 - 426 pages
...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 or disposed of at public or private sale, in default of which a receiver may be appointed to close up the business of the association, according...
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An Analytical Digest of the Laws of the United States, Volume 2

Frederick Charles Brightly - Law - 1869 - 680 pages
...debt previously con- stock n°'<0 ta tracted in good faith ;(c) and stock so purchased or acquired lPkXoYoZovowo]o l l l*m+m]m k kxoyo o o o `Uk ` n o o o o o o ochi j k n n n|` ome m o nMoNo oPoQo l a a in default of which a receiver may be appointed to close up the business of the association, according...
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A Treatise on the Law Relating to Banks and Banking: With an Appendix ...

John Torrey Morse (Jr.) - Banking law - 1870 - 600 pages
...debt previously contracted in good faith ; and stock so purchased or acquired shall, within six mouths from the time of its purchase, be sold or disposed of at public or private sale, in default of which a receiver may be appointed to close up the business of the association, according...
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Practical Information Concerning the Public Debt of the United States: With ...

William Adams Richardson - History - 1873 - 208 pages
...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 or disposed of at public or private sale, in default of which a receiver may be appointed to close up the business of the association, according...
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Practical Information Concerning the Public Debt of the United States: With ...

William Adams Richardson - History - 1873 - 192 pages
...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 or disposed of at public or private sale, in default of which a receiver may be appointed to close up the business of the association, according...
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The National Bankruptcy Register Reports: Containing All the ..., Volume 1

Bankruptcy - 1874 - 742 pages
...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 or disposed of at public or private sale, in default of which a receiver may be appointed to close up the business of the association according...
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The American Reports: Containing All Decisions of General ..., Volume 13

Isaac Grant Thompson - Law reports, digests, etc - 1875 - 840 pages
...debt previously contracted in good faith, and stocks so purchased or acquired shall, within six mouths from the time of its purchase, be sold or disposed of at public or private sale, in default of which a receiver may be appointed to close up the business of the association according...
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Gold and Debt: An American Hand-book of Finance, with Over Eighty Tables and ...

William Lyman Fawcett - Finance - 1876 - 300 pages
...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 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 Century of Independence: Embracing a Collection, from Official Sources ...

John Russell Hussey - United States - 1876 - 562 pages
...debt previously contracted in good faith; and stock so purchased or acquired, shall, within six mouths from the time of its purchase, be sold or disposed of at public or private sale, in default of which a receiver may be appointed to-close up the business of the association, according...
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