| Seymour Dwight Thompson - Corporation law - 1896 - 1228 pages
...the note was void under the section of the National Bank Act,8 which provides that "no association shall at any time be indebted, or in any way liable,...except on account of demands of the nature following," — the demand which gave rise to the indebtedness on the note not being within any of the exceptions.*... | |
| United States. Hawaiian commission - Hawaii - 1898 - 736 pages
...taken shall be filed in the office of the treasurer. § 2066. No corporation formed under this chapter shall at any time be indebted or in any way liable...remaining undiminished by losses, or otherwise, except on the following accounts, viz: First. On account of moneys deposited with or collected by such corporation.... | |
| United States. Hawaiian Commission - Hawaii - 1898 - 736 pages
...taken shall be filed in the office of the treasurer. § 2066. No corporation formed under this chapter shall at any time be indebted or in any way liable...stock at such time actually paid in and remaining uudiminished by losses, or otherwise, except on the following accounts, viz: First. On account of moneys... | |
| John Maxcy Zane - Banking law - 1900 - 864 pages
...to section fifty-two hundred and thirty-four. SEC. 5202. LIMIT UPON INDEBTEDNESS.— No association shall at any time be indebted, or in any way liable,...except on account of demands of the nature following: First Notes of circulation. Second. Moneys deposited with or collected by the association. Third. Bills... | |
| John Maxcy Zane - Banking law - 1900 - 866 pages
...to section fifty-two hundred and thirty-four. SEC. 5202. LIMIT UPON INDEBTEDNESS.—No association shall at any time be indebted, or in any way liable,...stock at such time actually paid in and remaining undimimshed by losses or otherwise, except on account of demands of the nature following: First Notes... | |
| Abraham Titus Brewer, Gustav Adolf Laubscher - Corporation law - 1900 - 748 pages
...liable for more than amount of capital stock — Exceptions — No banking company herein authorized shall at any time be indebted, or in any way liable, to an amount exceeding the amount of the capital stock at such time actually paid in and remaining as capital stock, undiminished by losses... | |
| Appellate courts - 1901 - 914 pages
...Bank, 77 Pa. 96; Pangborn v. Westlake, 36 Iowa, 546. Section 5202 provides that no national bank shall "be indebted or in any way liable to an amount exceeding the amount of its capital stock * * * paid in * * * except on'' circulation, deposits, special funds, or declared dividends. But it... | |
| William MacDonald - History - 1903 - 466 pages
...association, according to the provisions of this act. SEC. 36. And be it further enacted, That no association shall at any time be indebted, or in any way liable,...remaining undiminished by losses or otherwise, except on the following accounts, that is to say : — First. On account of its notes of circulation. Second.... | |
| Alonzo Barton Hepburn - Coinage - 1903 - 692 pages
...business of the association, according to the provisions of this act. SEC. 36. That no association shall at any time be indebted, or in any way liable,...remaining undiminished by losses or otherwise, except on the following accounts, that is to say : — I. On account of its notes of circulation. II. On account... | |
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