Banking and Building Association Laws of the District of Columbia: Comp. Under the Direction of the Comptroller of the Currency, December 1, 1916, Parts 63-916 |
From inside the book
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Page 7
... Liability of stockholders . Sec . 616. Payments on capital stock . Sec . 617. Annual reports . Sec . 618. Penalty ... liable . Sec . 625. Executors , and so forth , may vote . Sec . 626. Pledges of stock . Sec . 627. Stock book . Sec ...
... Liability of stockholders . Sec . 616. Payments on capital stock . Sec . 617. Annual reports . Sec . 618. Penalty ... liable . Sec . 625. Executors , and so forth , may vote . Sec . 626. Pledges of stock . Sec . 627. Stock book . Sec ...
Page 9
... LIABILITY OF STOCKHOLDERS . - All the stock- Act May 5 , 1870 , sec . 562 , Rev. holders of every company incorporated under this sub- Stat . District of chapter shall be severally individually liable to the cred- itors of the company ...
... LIABILITY OF STOCKHOLDERS . - All the stock- Act May 5 , 1870 , sec . 562 , Rev. holders of every company incorporated under this sub- Stat . District of chapter shall be severally individually liable to the cred- itors of the company ...
Page 10
... liability to the corporation . Act May 5 , 1870 , SEC . 622. DIVIDENDS . - If the trustees of any company Stat . District of shall declare and pay any dividend the payment of which Act Mar. 3 , 1901 , Would render it insolvent , or ...
... liability to the corporation . Act May 5 , 1870 , SEC . 622. DIVIDENDS . - If the trustees of any company Stat . District of shall declare and pay any dividend the payment of which Act Mar. 3 , 1901 , Would render it insolvent , or ...
Page 11
... liability as stockholder of such company . Act Mar. 3 , 1901 , but the person pledging such stock shall be considered as sec . 626 ; 31 Stat . holding the same , and shall be liable as a stockholder ac- cordingly ; and every person who ...
... liability as stockholder of such company . Act Mar. 3 , 1901 , but the person pledging such stock shall be considered as sec . 626 ; 31 Stat . holding the same , and shall be liable as a stockholder ac- cordingly ; and every person who ...
Page 12
... liabilities shall exceed the amount of sec . 634 ; 31 Stat . capital to which it is proposed to be reduced , such amount of debts and liabilities shall be satisfied and reduced so as not to exceed such diminished amount of capital . L ...
... liabilities shall exceed the amount of sec . 634 ; 31 Stat . capital to which it is proposed to be reduced , such amount of debts and liabilities shall be satisfied and reduced so as not to exceed such diminished amount of capital . L ...
Common terms and phrases
26 Stat 31 Stat accrued Act June 30 Act Mar Act Mar.3 Act Oct aforesaid amount of capital application appoint assets bonds BUILDING ASSOCIATION LAWS by-laws capital stock centum charter collector common seal companies organized corporate name corporation or company creditors and stockholders Currency debts deeds of trust deposit diminution of stock directors or trustees dissolved district attorney District of Colum District of Columbia Dividends election executor faithful performance guardian hundred and fifteen incorporated Increase or diminution installments INVOLUNTARY DISSOLUTION liability loan manner mortgage busi national banks newspaper number of shares officers Organization certificate pany payment penalty personal estate petition pledge poration powers premium prescribed president real estate receiver recorder of deeds Revised Statutes section fifty-two hundred section seven hundred shareholders shares of stock subchapter subdivision of section suit supreme court sureties thereof tion transferable trict vote
Popular passages
Page 10 - ... shall be jointly and severally liable for all the debts of the company then existing, and for all that shall be thereafter contracted...
Page 9 - The president and a majority of the trustees, within thirty days after the payment of the last instalment of the capital stock, so fixed and limited by the company, shall make a certificate stating the amount of the capital so fixed and paid in ; which certificate shall be signed and sworn to by the president and a majority of the...
Page 10 - If any certificate or report made, or public notice given by the officers of any such company in pursuance of the provisions of this act, shall be false in any material representation, all the officers who shall have signed the same, knowing it to be false, shall be jointly and severally liable for all the debts of the company contracted while they are stockholders or officers thereof.
Page 25 - 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 for all debts and contracts made by such company, until the whole amount of capital stock fixed and limited by such company shall have been paid in, and a certificate thereof shall have been made and recorded, as prescribed in the following section...
Page 7 - At any time hereafter, any three or more persons who may desire to form a company for the purpose of carrying on any...
Page 8 - All elections shall be by ballot, and each stockholder shall be entitled to as many votes as he owns shares of stock...
Page 8 - When the certificate shall have been filed as aforesaid, the persons who shall have signed and acknowledged the same, and their successors, shall be a body politic and corporate, in fact and in name, by the name stated in such certificate...
Page 12 - But before any corporation shall be entitled to diminish the amount of its capital stock, if the amount of its debts and liabilities shall exceed the...
Page 23 - Fourth. Such as it shall purchase at sales under judgments, decrees, or mortgages held by the association, or shall purchase to secure debts due to it. But no such association shall hold the possession of any real estate under mortgage, or the title and possession of any real estate purchased to secure any debts due to it, for a longer period than five years.
Page 21 - Third. To make and use a common seal and alter the same at pleasure. Fourth. To hold, purchase and...