 | New Jersey - 1899 - 658 pages
...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 one year from the time of its purchase be sold or disposed of at public or private sale ; provided,... | |
 | James Brooks Dill, New Jersey. Department of Banking and Insurance - 1899 - 98 pages
...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 one year from the time of its purchase be sold or disposed of at public or private sale; provided,... | |
 | John Maxcy Zane - 1900 - 864 pages
...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;...at public or private sale; or in default thereof, a receiver may be appointed to close up the business of the association, according to section fifty-two... | |
 | Kansas - 1900 - 1108 pages
...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...be sold or disposed of at public or private sale. After the expiration of six months any such stock shall not be considered as a part of the assets of... | |
 | New York (State) - 1900 - 862 pages
...purchaser or holder of any such shares, unless such security or purchaser shall be necessary to prevent loss upon a debt previously contracted in good faith...be sold or disposed of at public or private sale. Every person violating the provisions of this subdivision shall forfeit to the people of the state... | |
 | 1901 - 1170 pages
...previously contracted iu good failli: and stock so purchased or acquired shall, within six months of the time of its purchase, be sold or disposed of at public or private sale. After the expiration of six months any such stock shall nut be considered as a part of the assets of... | |
 | Massachusetts - 1902 - 1224 pages
...holder of such shares, unless 18sil 4ะจ> 5 16such security or purchase shall be necessary to prevent loss upon a debt previously contracted in good faith...so purchased or acquired shall, within six months after its purchase, be sold or disposed of at public or private sale. SECTION 34. The total liabilities... | |
 | Massachusetts. Division of Banks and Loan Agencies - 1902 - 826 pages
...holder of such shares, unless 1888> 413> 5 16such security or purchase shall be necessary to prevent loss upon a debt previously contracted in good faith...so purchased or acquired shall, within six months after its purchase, be sold or disposed of at public or private sale. SECTION 34. The total liabilities... | |
 | New Mexico - 1903 - 360 pages
...shares, except as hereinafter provided, unless such security or purchase shall be necessary to prevent loss upon a debt previously contracted in good faith;...at public or private sale; or in default thereof, a receiver may be appointed to close up the business of such corporation. The total liabilities to... | |
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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... 
