Laws of the State of New York, Volume 1

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State of New York., 1828 - Law

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Page 413 - and by that name they and their successors shall and may have continual succession, and shall be persons in law, capable of suing and being sued, pleading and being impleaded, answering and being answered unto, defending and being defended, in all courts and places whatsoever, in all manner of actions, suits, complaints, matters and causes whatsoever; and...
Page 326 - To exercise by its board of directors or duly authorized officers or agents, subject to law, all such incidental powers as shall be necessary to carry on the business of banking; by discounting and negotiating promissory notes, drafts, bills of exchange, and other evidences of debt; by receiving deposits; by buying and selling exchange, coin, and bullion; by loaning money on personal security; and by obtaining, issuing, and circulating notes according to the provisions of this title.
Page 117 - Such as shall have been mortgaged to it in good faith, by way of security for loans previously contracted, or for moneys due : or, 3. Such as shall have been conveyed to it in satisfaction of debts previously contracted in the course of its dealings : or, 4. Such a." shall have been purchased at sales upon judgments, decrees or mortgages obtained or made for such debts...
Page 212 - And that they and their successors may have a common seal, and may change and alter the same at their pleasure...
Page 118 - ... capital stock, and the increase and profits thereof, and of enlarging the same, from time to time, by new subscriptions, in such manner and form as they shall think proper, if such enlargement shall be...
Page 46 - Society shall, from time to time, forever hereafter, have power to make, constitute, ordain, and establish such by-laws and regulations as they shall judge proper, for the election of their officers ; for prescribing their respective functions, and the mode of discharging the same ; for the admission of new members...
Page 26 - The absolute power of alienation shall not be suspended by any limitation or condition whatever, for a longer period than during the continuance of not more than two lives in being at the creation of the estate, except in the single case mentioned in the next section.
Page 414 - ... ought to have been made, the said corporation shall not, for that cause, be deemed to be dissolved ; but it...
Page 451 - ... to carry on the business of banking by obtaining and issuing circulating notes in accordance with the provisions of this act; by discounting bills, notes, and other evidences of debt; by receiving deposits; by buying and selling gold and silver bullion, foreign coins, and bills of exchange; by loaning money on real and personal security...
Page 126 - Society," and by which name they and their successors shall and may have perpetual succession, and shall be persons in law capable of suing and being sued, pleading and being impleaded, answering and being answered unto, defending and being defended, in all courts and places whatsoever, in all manner of actions, suits and complaints, matters and causes whatsoever ; and that they and their successors...

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