Building and Loan Associations |
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Page 537
The par value of the shares shall not exceed five million dollars , and shall be
divided into shares of the ultimate value fixed by the bylaws . The shares may be
issued in monthly , half - yearly or yearly series , in such amounts and at such
times ...
The par value of the shares shall not exceed five million dollars , and shall be
divided into shares of the ultimate value fixed by the bylaws . The shares may be
issued in monthly , half - yearly or yearly series , in such amounts and at such
times ...
Page 591
On each building and loan association which loans money exclusively to its
members , wbose stock or shares represent monthly payments not exceeding five
hundred dollars , $ 25 . On same whose stock or shares represent monthly ...
On each building and loan association which loans money exclusively to its
members , wbose stock or shares represent monthly payments not exceeding five
hundred dollars , $ 25 . On same whose stock or shares represent monthly ...
Page 648
... of making loans or paying withdrawals , not exceeding two thousand dollars ,
when its accumulated capital is less than ten thousand dollars ; and not
exceeding six thousand dollars when its accumulated capital shall be ten
thousaad dollars ...
... of making loans or paying withdrawals , not exceeding two thousand dollars ,
when its accumulated capital is less than ten thousand dollars ; and not
exceeding six thousand dollars when its accumulated capital shall be ten
thousaad dollars ...
Page 651
Every general agent or attorney who shall fail or refuse to perform any duty
required of him by this act shall forfeit and pay to the auditor of state fifty dollars
for every such refusal , to be recovered before any justice of the peace at the suit
of the ...
Every general agent or attorney who shall fail or refuse to perform any duty
required of him by this act shall forfeit and pay to the auditor of state fifty dollars
for every such refusal , to be recovered before any justice of the peace at the suit
of the ...
Page 696
... this state shall be fifty dollars , provided the capital of such company actually
paid in , whether from paid - up stock or partially paid stock , is not less than
twenty - five thousand dollars ; if the capital paid in is twenty - five thousand
dollars and ...
... this state shall be fifty dollars , provided the capital of such company actually
paid in , whether from paid - up stock or partially paid stock , is not less than
twenty - five thousand dollars ; if the capital paid in is twenty - five thousand
dollars and ...
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Common terms and phrases
advance amount authorized Bank board of directors borrower Building and Loan Building Company bylaws capital cent certificate chapter charged Chicago Cincinnati City Cooperative corporation COUNTY Date deposit DESCRIPTION dollars dues paid examination filed fines fixed follows force funds held Home hundred incorporated instalments interest investment issued July June laws less Loan and Building loan association Loan Company Local Local Local LOCALITY manner maturity meeting Michigan months mortgage Mutual Building North organized paid payment period Permanent Permanent Permanent person Philadelphia premium profits real estate receive Saint Louis Savings and Loan secretary Sept Serial Permanent Serial Serial Serial shareholders shares society South Dakota statement stockholders TABLE term Terminating Serial territory thereof tion Virginia Washington West withdrawal York
Popular passages
Page 627 - ... shall be liable in like manner, and to the same extent as the testator or intestate, or the ward or person interested in such trust fund would have been, if he had been living and competent to act, and held the same stock in his own name.
Page 551 - Association, with the powers, rights, and privileges, and subject to the limitations, duties, and restrictions, which by law appertain thereto. Witness...
Page 645 - All the stockholders of every company incorporated under this act, shall be severally, individually liable to the creditors of the company in which they are stockholders, to an amount equal to the amount of stock held by them respectively...
Page 648 - Any such association may purchase at any sale, public or private, any real estate upon which it may have a mortgage, judgment, lien, or other encumbrance, or in which it may have an interest, and may sell, convey, lease, or mortgage the same at pleasure to any person or persons.
Page 700 - State or nation, or upon their agents therein, so long as such laws continue in force, the same obligations and prohibitions, of whatever kind, shall be imposed upon all insurance companies of such other State or nation doing business in this State, and upon their agents here.
Page 686 - Provided, That at no time shall more than one-half of the funds in the treasury of the corporation be applicable to the demands of withdrawing stockholders, without the consent of the board of directors, and that no stockholder shall be entitled to withdraw, whose stock is held in pledge for security.
Page 574 - First, the name and location of the company or association; second, the amount of capital stock authorized, and the number of shares into which such capital stock is divided; third, the amount of capital stock paid up; fourth, the market value, or, if no market value, then the actual value of the shares of stock...
Page 628 - ... chairman of the meeting, and also a suitable person for secretary, and proceed to a vote of those present, in person or by proxy, and if on canvassing the votes it shall appear that a sufficient nurrfber of votes has been given in favor...
Page 595 - Such articles shall also contain a statement of the purposes of the association and shall designate the city, town, or village where its principal place of business shall be located.
Page 629 - On every such examination inquiry shall be made as to the condition and resources of the corporation, the mode of conducting and managing its affairs, the action of its directors, the investment of its funds, the safety and prudence of its management, the security afforded to those by whom its engagements are held, and whether the requirements of its charter and of law have been complied with in the administration of its affairs...
Bibliographic information
| Title | Building and Loan Associations Annual report of the commissioner of labor, 9th, United States Department of Labor Annual report, United States Bureau of Labor |
| Author | United States. Bureau of Labor |
| Publisher | U.S. Government Printing Office, 1894 |
| Original from | the New York Public Library |
| Digitized | 13 Feb 2007 |
| Length | 719 pages |
| Export Citation | BiBTeX EndNote RefMan |