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" Such as shall be conveyed to it in satisfaction of debts previously contracted in the course of its dealings. "
Laws of the State of New York - Page 578
by New York (State) - 1867
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Reports of Cases Decided in the Court of Chancery of the State of ..., Volume 32

New Jersey. Court of Chancery - Law reports, digests, etc - 1880 - 942 pages
...purposes, and no others." The two purposes that might be claimed to cover this mortage are, " second, such as shall be mortgaged to it in good faith by way of security for debts previously contracted;" "third, such as shall be conveyed to it in satisfaction of debts previously...
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Laws of the State of New York Passed at the Sessions of the Legislature

New York (State). Legislature - Law - 1834 - 660 pages
...immediate accommodation in the convenient transaction of its business: or, 2. Such as shall have been mortgaged to it in good faith, by way of security for loans previously contracted, or for monies due: or, 3. Such as shall have been conveyed to it in satisfaction...
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Laws

Illinois - Law - 1835 - 274 pages
...required for its immediate accommodation in the transaction of its business, or such as shall have been mortgaged to it in good faith by way of security for loans previously contracted, or for moneys due; or — 3d. Such as shall have been conveyed to it in satisfaction...
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An Argument, in Favor of the Constitutionality of the General Banking Law of ...

Samuel Alfred Foot - Banking law - 1839 - 112 pages
...signed shall have declared that the shareholder shall be so liable. "§24. It shall be lawful for such association to purchase, hold and convey real estate...good faith, by way of security for loans made by, or monies due to, such association ; or, " 3. Such as shall be conveyed to it in satisfaction of debts...
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A Treatise on Currency and Banking

Condy Raguet - Business & Economics - 1840 - 356 pages
...signed shall have declared that the shareholder shall be so liable. § 24. It shall be lawful for such association to purchase, hold, and convey real estate...security for loans made by, or moneys due to such association; or 3. Such as shall be conveyed to it in satisfaction of debts previously contracted in...
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A Treatise on Currency and Banking

Condy Raguet - Business & Economics - 1840 - 354 pages
...signed shall have declared that the shareholder shall be so liable. § 24. It shall be lawful for such association to purchase, hold, and convey real estate...security for loans made by, or moneys due to such association; or 3. Such as shall be conveyed to it in satisfaction of debts previously contracted in...
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The New York Annual Register

New York (N.Y.) - 1840 - 540 pages
...as shall be necessary for its immediate accommodation in the convenient transaction of its business; 2. Such as shall be mortgaged to it in good faith, by way of se. curity for loans made by, or moneys due to, such association ; or, 3. Such as shall be conveyed...
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Journal of the Senate of New Hampshire

New Hampshire. General Court. Senate - Legislative journals - 1843 - 570 pages
...for all the contracts, debts and engagements oi such association. SEC. 8. It shairbe lawful for such association to purchase, hold and convey real estate...Such as shall be mortgaged to it in good faith by way ol security for loans made by, or moneys due to such association : or, 3. Such as shall be conveyed...
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Merchants' Magazine and Commercial Review, Volume 21

Commerce - 1849 - 710 pages
...for its immediate accommodation in the transaction of its business : or, 2. Such as shall have been mortgaged to it in good faith, by way of security for loans previously contracted, or for moneys due : or, 3. Such as shall hav'e been conveyed to it in satisfaction...
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Hunt's Merchants' Magazine and Commercial Review, Volume 21

Freeman Hunt, Thomas Prentice Kettell, William Buck Dana - Commerce - 1849 - 710 pages
...for its immediate accommodation in the transaction of its business : or, 2. Such as shall have been mortgaged to it in good faith, by way of security for loans previously contracted, or for moneys due : or, 3. Such as shall have been conveyed to it in satisfaction...
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