Statutory Revision of the Laws of New York Affecting Banks, Banking and Trust Companies Enacted in 1892: And Amended in 1893, 1894, 1895, 1896, 1897 and 1898 ... and Tax Law as Amended. 1898. Indexed

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Andrew Hamilton
Banks and Brothers, 1898 - Banking law - 444 pages

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Page 22 - The act of a majority of the Directors present at a meeting at which a quorum is present shall be the act of the Board of Directors unless the act of a greater number is required by law or by these By-Laws.
Page 26 - Such as shall be conveyed to it in satisfaction of debts previously contracted in the course of its dealings.
Page 26 - Seventh. To exercise by its board of directors, or duly authorized officers or agents, all powers specifically granted by the provisions of this Act and such incidental powers as shall be necessary to carry on the business of banking within the limitations prescribed by this Act.
Page 11 - For a 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 on the minutes of the...
Page 39 - The stock of such company shall be deemed personal estate, and shall be transferable in such manner as shall be prescribed by the by-laws of the company ; but no shares shall be transferable until all previous calls thereon shall have been fully paid in, or shall have been declared forfeited for the non-payment of calls thereon.

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