The Laws of the State of New York Relating to Building Associations: Being the Statutes Governing the Corporations Variously Known as Building, Mutual Loan, Accumulating Fund, Coöperative Savings, and Homestead Associations, with Annotations Applicable to These Corporations Generally |
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The Laws of the State of New York Relating to Building Associations Willis S. Paine No preview available - 2017 |
The Laws of the State of New York Relating to Building Associations: Being ... Willis S. Paine No preview available - 2017 |
The Laws of the State of New York Relating to Building Associations Willis Seaver Paine No preview available - 2019 |
Common terms and phrases
accumulated actual advances amended amount applicable articles of association asso authorized bank Banking Department become benefit bond borrower Building and Loan Building Association by-laws capital stock cent certificate Chapter ciation claim committee continue contract corporation court debts deemed deposits determined directors discount dividend duties effect election entitled examination exceed exempt existing fees filing fines fixed fund give given held hold incorporated increase intended interest investment issue Legislature liability limited Loan Association loss matter matured meeting membership ment method monthly mortgage mutual necessary notice object officers organized original paid payment person pledged powers premium privilege profits proper provisions purchase real estate reason received regular repeal savings SECTION shareholders shares statute stockholders superintendent thereof tion transaction transfer trustees usury vote withdrawal
Popular passages
Page 81 - ... per cent. of its capital, after deducting the assessed value of its real estate, and all shares of stock in other corporations actually owned by such company which are taxable upon their capital stock under the laws of this state, shall be assessed at its actual value and taxed in the same manner as the other real and personal estate of the county.
Page 58 - ... liable as a stockholder accordingly, and the estates and funds in the hands of such executor, administrator, guardian or trustee, shall be liable in like manner, and to the same extent as the testator or intestate. or the ward or person interested in such...
Page 30 - To hold, purchase, and convey such real and personal estate as the purposes of the Corporation shall require, not exceeding the amount limited in its charter.
Page 59 - ... any company which may be formed under this act. may increase or diminish its capital stock by complying with the provisions of this act, to any amount which may be deemed sufficient and proper for the purposes of the* corporation...
Page 45 - If the directors of any such company shall declare and pay any dividend, when the company is insolvent, or any dividend, the payment of which would render it insolvent, or...
Page 24 - ... has not defaulted in the payment of any part of either principal or interest of any funded debt authorized to be contracted by it, and...
Page 60 - ... to publish a notice, signed by at least a majority of them, in a newspaper in the county, if any shall be published therein, at least three successive weeks...
Page 36 - In case of any violation of the provisions of this section, the directors under whose administration the same may have happened, except those who may have caused their dissent therefrom to be entered at large upon the minutes of such directors...
Page 24 - No investment in any bond and mortgage shall be made by any savings bank except upon the report of a committee of its trustees charged with the duty of investigating the same, who shall certify to the value of the premises mortgaged or to be mortgaged, according to their best judgment, and such report shall be filed and preserved among the records of the corporation.
Page 42 - ... of stock subscribed for, and all previous payments made thereon, if payment shall not be made by the stockholders...
Bibliographic information
| Title | The Laws of the State of New York Relating to Building Associations: Being the Statutes Governing the Corporations Variously Known as Building, Mutual Loan, Accumulating Fund, Coöperative Savings, and Homestead Associations, with Annotations Applicable to These Corporations Generally |
| Editor | Willis Seaver Paine |
| Publisher | L. K. Strouse & Company, 1889 |
| Original from | the New York Public Library |
| Digitized | 9 Feb 2007 |
| Length | 94 pages |
| Export Citation | BiBTeX EndNote RefMan |