| Commerce - 1864 - 496 pages
...previously contracted in course of its dealings. Fourth. Such as it shall purchase at sales under jndgment, decrees, or mortgages held by such association, or...due to it for a longer period than five years. Sec. 29, And he it farther enacted, That the total liabilities to any association, of any person, or of... | |
| James M. Hiatt - United States - 1868 - 426 pages
...contracted in the course of its dealings. Fourth. Such as it shall purchase at sales under judgments, decrees, or mortgages held by such association, or...due to it for a longer period than five years. SEC. 29. That the total liabilities to any association, of any person, or of any company, corporation, or... | |
| James M. Hiatt - United States - 1868 - 438 pages
...contracted in the course of its dealings. Fourth. Such as it shall purchase at sales under judgments, decrees, or mortgages held by such association, or...debts due to it for a longer period than five years. Sic. 29. That the total liabilities to any association, of any person, or of any company, corporation,... | |
| Frederick Charles Brightly - Law - 1869 - 680 pages
...held by such association, or shall purchase to secure debts due to said association. Such associations shall not purchase or hold real estate in any other...debts due to it, for a longer period than five years. 29. The total liabilities to any association, of any person, or of any company, cor- ibid, j 29. Deration... | |
| Benjamin Vaughan Abbott, Austin Abbott - Corporation law - 1869 - 1028 pages
...hold the possession of any real estate under mortgage, or hold the. title and possession of any reul estate purchased to secure any debts due to it, for a longer period than five years." 76. § 28. See, also, P»OFEIITT. 40. — to loans. Not more than one-tenth of the capital may become... | |
| John Torrey Morse (Jr.) - Banking law - 1870 - 600 pages
...contracted in the course of its dealings. Fourth. Such as it shall purchase at sales under judgments, decrees, or mortgages held by such association, or...due to it for a longer period than five years. SEC. 29. And be it further enacted, That the total liabilities to any association, of any person, or of... | |
| William Adams Richardson - Banking law - 1873 - 208 pages
...hold real es- General Hmitatate in any other case or for any other purpose than as spe- tion ' cified in this section. Nor shall it hold the possession...debts due to it for a longer period than five years. LOANS AND DISCOUNTS. SBC. 29. And be it further enacted, That the total liabili- LoansHmited. ties... | |
| William Adams Richardson - History - 1873 - 192 pages
...hold real es- General imntatate in any other case or for any other purpose than as spe- tlon * cified in this section. Nor shall it hold the possession...debts due to it for a longer period than five years. LOANS AND DISCOUNTS. SEC. 29. And be it further enacted, That the total liabili- Loans limited. ties... | |
| Iowa. Supreme Court - Law reports, digests, etc - 1874 - 776 pages
...as specified in this section, nor shall it hold the The First National Bank of Ft. Dodge v. Hairc. possession of any real estate under mortgage, or hold...debts due to it, for a longer period than five years." This is the whole of the section and all of the law having any bearing upon the question ; the italics... | |
| Isaac Grant Thompson - Law reports, digests, etc - 1875 - 840 pages
...estate in any other case or for any other purpose than as specified in this section, nor shall it hold possession of any real estate under mortgage, or hold...debts due to it, for a longer period than five years." Thus the section speaks to the bank in plain language — you shall not purchase or hold real estate... | |
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