Building and Loan Associations |
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Page 13
... shares in his association , each share having as its maturing value $ 200 . His five shares , therefore , when matured , would be worth $ 1,000 , the amount of money which he desires to borrow . The process by which he can borrow this ...
... shares in his association , each share having as its maturing value $ 200 . His five shares , therefore , when matured , would be worth $ 1,000 , the amount of money which he desires to borrow . The process by which he can borrow this ...
Page 22
... shares of stock , subsequent to the date of the first issue of shares , was obliged to pay back dues in order to be in the same position he would have been had he taken his stock at the date of the first issue , so that each share ...
... shares of stock , subsequent to the date of the first issue of shares , was obliged to pay back dues in order to be in the same position he would have been had he taken his stock at the date of the first issue , so that each share ...
Page 25
... shares - the serial , permanent , and terminating - in the anal- ysis of Table I preceding , the reasons for the omission of the perma- nent and terminating associations from consideration in this connec- tion will readily be seen . The ...
... shares - the serial , permanent , and terminating - in the anal- ysis of Table I preceding , the reasons for the omission of the perma- nent and terminating associations from consideration in this connec- tion will readily be seen . The ...
Page 26
... shares for each association . The number of free shares , as explained , was reported by 5,770 associations , and the total number of such shares was 9,406,347 , being an average of 1,630.2 shares to each association . The number of shares ...
... shares for each association . The number of free shares , as explained , was reported by 5,770 associations , and the total number of such shares was 9,406,347 , being an average of 1,630.2 shares to each association . The number of shares ...
Page 328
... Shares , shareholders , and dues and profits , pp . 342 , 343.— This table is intended to show the average shares per shareholder , the average instalment dues paid in plus profits on the same per share- holder , and the average value of ...
... Shares , shareholders , and dues and profits , pp . 342 , 343.— This table is intended to show the average shares per shareholder , the average instalment dues paid in plus profits on the same per share- holder , and the average value of ...
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...