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" If losses have at any time been sustained by any such association, equal to or exceeding its undivided profits then on hand, no dividend shall be made, and no dividend shall ever be made by any association, while it continues its banking operations, to... "
Pratt's Digest of the National Bank Act and Other Laws Relating to National ... - Page 47
by A.S. Pratt & Sons - 1886 - 226 pages
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Acts of the State of Ohio

Ohio - Session laws - 1851 - 196 pages
...sustained by any banking company, equal to, or exceeding its undivided profits then on hand, no dividends shall be made, and no dividend shall ever be made by any banking company, while it shall continue its banking operations, to an amount greater than its net...
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Laws Enacted in the General Assembly of the Commonwealth of Pennsylvania ...

Pennsylvania. Laws, statutes, etc - Law - 1860 - 994 pages
...hand, no dividends shall be made, and no dividends shall ever be made by a bank while it shall continue its banking operations, to an amount greater than...profits then on hand, deducting therefrom its losses and Losses, relattra bad and suspended debts; and all debts due to a bank on which to> interest is paid,...
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Acts Passed at the First Session of the 1st Congress - 3d Session of the ...

United States - Law - 1863 - 324 pages
...its capital; aiid if losses shall at any time have been sustained by any such association equal to or exceeding its undivided profits then on hand, no dividend...dividend shall ever be made by any association, while it shall continue its banking operations, to an amount greater than its net profits then on hand, deducting...
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The Merchants' Magazine and Commercial Review, Volume 48

1863 - 512 pages
...by uny such association equal to or exceeding its undivided profits then on hand, no dividend sh.>ll be made ; and no dividend shall ever be made by any association, while it shall continue its banking operations, to an amount greater than its net profits then on hand, deducting...
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Journal: 1st-13th Congress . Repr. 14th Congress, 1st Session ..., Volume 1

United States. Congress. House - United States - 1863 - 1180 pages
...its capital. And if losses shall at any time have been sustained by any such association equal to or exceeding its undivided profits then on hand, no dividend shall be made; and no dividjiul shall ever be made by any association, while it shall continuo its banking operations, to...
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The Merchants' Magazine and Commercial Review, Volume 48

William B. Dana - Commerce - 1863 - 508 pages
...by any such association equal to or exceeding its undivided profits then on hand, no dividend sh ill be made ; and no dividend shall ever be made by any association, while it shall continue its banking operations, to an amount greater than its net profits then on baud, deducting...
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The American Annual Cyclopædia and Register of Important Events ...

Encyclopedias and dictionaries - 1864 - 878 pages
...its capital ; and if losses shall nt anytime nave been sustained by any such association equal to or exceeding its undivided profits then on hand, no dividend...dividend shall ever be made by any association, while it shall continue its banking operations, to an amount greater than its net profits then on hand, deducting...
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American Slavery and Finances, Volumes 1-9

Robert John Walker - Finance - 1864 - 406 pages
...And if losses shall at any time have ° slx mon sbeen sustained by any such association equal to or exceeding its undivided profits then on hand, no dividend...be made ; and no dividend shall ever be made by any associa- Dividends retion, while it shall continue its banking operations, to an stricted. amount greater...
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The Voter's Text Book: Comprising a Collection of the Most Important ...

James M. Hiatt - United States - 1868 - 438 pages
...losses shall at any time have been sustained by any such association equal to or exceeding its dividend profits then on hand, no dividend shall be made ;...dividend shall ever be made by any association while it shall continue its banking operations, to an amount greater than its net profits then on hand, deducting...
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The Voter's Text Book, Comprising a Collection of the Most Important ...

James M. Hiatt - United States - 1868 - 426 pages
...losses shall at any time have been sustained by any such association equal to or exceeding its dividend profits then on hand, no dividend shall be made ; and no dividend snail ever be made by any association while it shall continue its banking operations, to an amount...
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