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... The Bay State Monthly - Page 151885Full view - About this book
| 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... | |
| 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,... | |
| United States - Law - 1863 - 324 pages
...six months, or in any other manner, any portion of its capital; aiid if losses shall at any time have been sustained by any such association equal to or...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... | |
| United States. Congress. House - United States - 1863 - 1180 pages
...in form of dividends or otherwise, any portion of its capital. And if losses shall at any time have been sustained by any such association equal to or...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... | |
| William B. Dana - Commerce - 1863 - 508 pages
...six months, or'in any other manner, any portion of its capit-il. 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 sh ill be made ; and no dividend shall ever be made by any association, while it shall continue its... | |
| 1863 - 512 pages
...other manner, any portion of its capit'd. And if losses shall at any time have been sustained 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... | |
| Encyclopedias and dictionaries - 1864 - 878 pages
...six months, or in any other manner, any portion of its capital ; and if losses shall nt anytime nave been sustained by any such association equal to or...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... | |
| Robert John Walker - Finance - 1864 - 414 pages
...manner, any Loaas limited portion of its capital. And if losses shall at any time have ° S1X montnsbeen sustained by any such association equal to or exceeding...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... | |
| Commerce - 1864 - 496 pages
...form of dividends, or otherwise, any portion of its capital. And if losses shall at any time have heen sustained by any such association, equal to or exceeding...undivided profits then on hand, no dividend shall he made ; and no dividend shall ever he made by any association, while it shall continue its hanking... | |
| Robert John Walker - Finance - 1864 - 406 pages
...made by any associa- Dividends retion, while it shall continue its banking operations, to an stricted. amount greater than its net profits then on hand, deducting therefrom its losses and bad debts. And all debts due to any ua(j debts association, on which interest is past due and unpaid for a defined.... | |
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