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 8
... published not less Columbia . than thirty days previous thereto in some newspaper secta : printed and published in the District , and the election shall be made by such of the stockholders as shall attend for that purpose , either in ...
... published not less Columbia . than thirty days previous thereto in some newspaper secta : printed and published in the District , and the election shall be made by such of the stockholders as shall attend for that purpose , either in ...
Page 9
... published for six successive weeks in a newspaper in the District . SEC . 614. STOCK . - 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 ...
... published for six successive weeks in a newspaper in the District . SEC . 614. STOCK . - 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 ...
Page 10
... published in a newspaper in the District , which shall state the amount of capital and of the propor- tion actually paid and the amount of existing debts , which report shall be signed by the president and a majority of the trustees ...
... published in a newspaper in the District , which shall state the amount of capital and of the propor- tion actually paid and the amount of existing debts , which report shall be signed by the president and a majority of the trustees ...
Page 12
... publish a notice , signed by a majority of them , in a newspaper in the District , at least three successive weeks , and to deposit a notice thereof in the post office addressed to each stockholder at his usual place of residence , at ...
... publish a notice , signed by a majority of them , in a newspaper in the District , at least three successive weeks , and to deposit a notice thereof in the post office addressed to each stockholder at his usual place of residence , at ...
Page 18
... publish all the re- ports which national banking associations are required to make and publish under the provisions of ... published in the City of Washington , one of which shall be a morn- ing newspaper . Act June 20 , 412 . sec . 714 ...
... publish all the re- ports which national banking associations are required to make and publish under the provisions of ... published in the City of Washington , one of which shall be a morn- ing newspaper . Act June 20 , 412 . sec . 714 ...
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...