 Fourth. Such as it shall purchase at sales under judgments, decrees, or mortgages held by the association, or shall purchase to secure debts due to it. But no such association shall hold the possession of any real estate under mortgage, or the title and...  Congressional Serial Set - Page lv1901Full view - About this book
 | Commerce - 1864 - 496 pages
...specified in this section. Nor shall it hold the possession of any real estate under mortgage, or hold the title and possession of any real estate purchased...debts 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... | |
 | James M. Hiatt - United States - 1868 - 438 pages
...specified in this section. Nor shall it hold the possession of any real estate under mortgage, or hold the title and possession of any real estate purchased...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
...specified in this section. Nor shall it hold the possession of any real estate under mortgage, or hold the title and possession of any real estate purchased...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
...specified in this section. Nor shall it hold the possession of any real estate under mortgage, or hold the title and possession of any real estate purchased...debts 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... | |
 | William Adams Richardson - History - 1873 - 192 pages
...cified in this section. Nor shall it hold the possession of any real estate under mortgage, or hold the title and possession of any real estate purchased...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... | |
 | William Adams Richardson - Banking law - 1873 - 208 pages
...cified in this section. Nor shall it hold the possession of any real estate under mortgage, or hold the title and possession of any real estate purchased...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... | |
 | Iowa. Supreme Court - Law reports, digests, etc - 1874 - 776 pages
...The First National Bank of Ft. Dodge v. Hairc. possession of any real estate under mortgage, or hold the title and possession of any real estate purchased...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
...specified in this section, nor shall it hold possession of any real estate under mortgage, or hold the title and possession of any real estate purchased...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... | |
 | William Lyman Fawcett - Finance - 1876 - 300 pages
...mortgages held by the association, or shall purchase to secure debts due to it. But no such association shall hold the possession of any real estate under...debts due to it, for a longer period than five years. (SEC. 5138.) No association shall be organized under this Title with a less capital than one hundred... | |
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