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. IndexedAndrew Hamilton |
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Page 7
... hold and convey , any real or per- sonal estate necessary , to enable it to carry on its transactions . De Groff v . American Linen Thread Co. , 21 N. Y. , 124 . The manufacturing of goods , necessarily implies the power of disposing of ...
... hold and convey , any real or per- sonal estate necessary , to enable it to carry on its transactions . De Groff v . American Linen Thread Co. , 21 N. Y. , 124 . The manufacturing of goods , necessarily implies the power of disposing of ...
Page 10
... hold and to dispose of such property as the purposes of the corporation shall require , subject to such limitations as may be prescribed by law . 4. To appoint such officers and agents as its business shall require , and to fix their ...
... hold and to dispose of such property as the purposes of the corporation shall require , subject to such limitations as may be prescribed by law . 4. To appoint such officers and agents as its business shall require , and to fix their ...
Page 11
... hold and con- vey real estate , it will be presumed , in the absence of proof to the contrary , that real estate , conveyed by it , was held and conveyed in pursuance of its powers . Farmers ' L. & T. Co. v . Curtis , 7. N. Y. , 466 ...
... hold and con- vey real estate , it will be presumed , in the absence of proof to the contrary , that real estate , conveyed by it , was held and conveyed in pursuance of its powers . Farmers ' L. & T. Co. v . Curtis , 7. N. Y. , 466 ...
Page 12
... hold , such corporation may take and hold property of the value of three million dollars or less , or the yearly income de- rived from which shall be five hundred thousand dollars or less , not- withstanding any such limitations . In ...
... hold , such corporation may take and hold property of the value of three million dollars or less , or the yearly income de- rived from which shall be five hundred thousand dollars or less , not- withstanding any such limitations . In ...
Page 13
... hold real property , it can not be inferred , but must be expressed in some affirmative way . Cowell v . Springs Co. , 100 U. S. , 55 . § 15. Certificate of authority of a foreign corporation . - No foreign stock corporation other than ...
... hold real property , it can not be inferred , but must be expressed in some affirmative way . Cowell v . Springs Co. , 100 U. S. , 55 . § 15. Certificate of authority of a foreign corporation . - No foreign stock corporation other than ...
Common terms and phrases
action aff'd agent Am'd by chap amended amount appointed assent assessment association authorized bank or banker bank or individual Barb bonds by-laws capital stock centum certificate of incorporation chapter circulating notes clerk comptroller contract county clerk county treasurer court creditors deemed default deposit dividends duly election evidence of debt executed filed foreign corporation Former section franchises held holder hundred individual banker insolvent interest issued judgment lands liability loan manner meeting mortgage N. Y. St non-stock corporation nonresident notice number of shares organization certificate paid par value payment personally liable place of business poration prescribed proceedings provisions purchase purpose real property receiver redemption repealed residence savings bank securities statute stockholders subscribed subscription superintendent of banks tax district therein thereof thereto thousand dollars tion Took effect transaction transfer trust company trustees unpaid vote
Popular passages
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.