Building and Loan Associations |
From inside the book
Results 1-5 of 100
Page 12
... payments and profits aggregate the face value of all the shares in the association , when the assets , after payment of expenses and losses are prorated among all members , which , in legal effect , cancels the borrower's debt and gives ...
... payments and profits aggregate the face value of all the shares in the association , when the assets , after payment of expenses and losses are prorated among all members , which , in legal effect , cancels the borrower's debt and gives ...
Page 328
... payment of dues , pp . 348 , 349. - This table shows that the majority of the associations collect their dues in weekly or monthly payments , the variation from this being very rare . Table F. - Dues per share at each payment , pp . 350 ...
... payment of dues , pp . 348 , 349. - This table shows that the majority of the associations collect their dues in weekly or monthly payments , the variation from this being very rare . Table F. - Dues per share at each payment , pp . 350 ...
Page 332
... pay off the principal of the loan . In this case then the same payments which were required to pay for a loan of $ 1,000 from the building and loan association at its highest premium rate would have paid for the loan from the savings ...
... pay off the principal of the loan . In this case then the same payments which were required to pay for a loan of $ 1,000 from the building and loan association at its highest premium rate would have paid for the loan from the savings ...
Page 335
... payment of my said stock subscription . Said weekly payments shall be con- tinued until said stock is fully paid up by the payments applied thereto as above stated , and the dividends declared thereon . I also hereby assign the stock ...
... payment of my said stock subscription . Said weekly payments shall be con- tinued until said stock is fully paid up by the payments applied thereto as above stated , and the dividends declared thereon . I also hereby assign the stock ...
Page 336
... pay it up in five years , or one year , or even in one week , if he wishes . For the same reason he may pay off his loan at any time whatever . The minimum payment only being fixed , he may pay at the time the whole balance due on the ...
... pay it up in five years , or one year , or even in one week , if he wishes . For the same reason he may pay off his loan at any time whatever . The minimum payment only being fixed , he may pay at the time the whole balance due on the ...
Common terms and phrases
amount asso auditor Baltimore board of directors borrower Building and Loan Building and Savings Building Company bylaws capital stock cent per annum certificate chapter Chicago Cincinnati Cooperative Bank corporation Date of organization deposit DESCRIPTION OF ASSOCIATIONS-Cont'd dividend dues paid estate al loans filed Home Building Homestead Homestead Building incorporated Indiana instalments issued Jersey July June laws Loan and Building loan association Loan Company Local Permanent Local Serial Local Missouri months mortgage Mutual Building Mutual Loan Name of association National Nebraska North Carolina number of associations number of shares payment Permanent person Philadelphia Pittsburg premium profits real estate Saint Louis Savings and Loan secretary Sept Serial Local Serial shareholders Shares in force shares of stock South Dakota stockholders TABLE I.-NAME Terminating thereof tions total local associations West Virginia Withdrawal fee
Popular passages
Page 625 - ... 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 549 - Association, with the powers, rights, and privileges, and subject to the limitations, duties, and restrictions, which by law appertain thereto. Witness...
Page 643 - 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 646 - 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 698 - 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 684 - 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 572 - 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 626 - ... 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 593 - 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 627 - 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...