 | Frederick Charles Brightly - Law - 1869 - 680 pages
...nividiTds but each association shall, before the declaration of a dividend, carry one-tenth part of its to constitute a part of his distillery premises, to be used only the same shall amount to twenty per centum of its capital stock. 34. No national banking association... | |
 | William Adams Richardson - History - 1873 - 192 pages
...each association shall, Restriction. before the declaration of a dividend, carry one-tenth part of its net profits of the preceding half year to its surplus fund, until the same shall amount to twenty per centum of its capital stock. 13 SEC. 34. [Relating to reports,... | |
 | William Adams Richardson - History - 1873 - 208 pages
...each association shall, Restriction. before the declaration of a dividend, carry one-tenth part of its net profits of the preceding half year to its surplus fund, until the same shall amount to twenty per centum of its capital stock.' 3 SEC. 34. [Relating to reports,... | |
 | United States. President - United States - 1875 - 934 pages
...only that a national bank shall, before the declaration of a dividend, carry one-tenth part of its net profits of the preceding half year to its surplus fund, until the same shall amount to twenty per centum of its capital, but that losses and bad debts shall be deducted... | |
 | United States. Department of the Treasury - Finance, Public - 1875 - 926 pages
...only that a national bank shall, before the declalation of a dividend, carry one-tenth part of its net profits of the preceding half year to its surplus fund, until the same shall amount to twenty per centum of its capital, but that losses and bad debts shall be •deducted... | |
 | United States. Congress. House - United States - 1878 - 668 pages
...that each national bank shall, before the declaration of every dividend, carry one-tenth part of its net profits of the preceding half year to its surplus fund, until the same shall amount to twenty per cent, of its capital, but that no association or any member thereof... | |
 | Isaac Grant Thompson - Law reports, digests, etc - 1878 - 860 pages
...approved June 3, 1864 — 13 Stats, at Large, 111 — enacts : Pint National Bank v. Peterborough. net profits of the preceding half year to its surplus fund, until the game shall amount to twenty per centum of its capital stock." " § 40. That the president and cashier... | |
 | Isaac Grant Thompson - National banks (U.S.) - 1878 - 1018 pages
...expedient; but each association shall, before the declaration of a dividend, carry one-tenth of its net profits of the preceding half year to its surplus fund, until the same ahall amount to twenty per centum of its capital stock." " § 40. That the president and cashier... | |
 | A.S. Pratt & Sons - Banking law - 1883 - 130 pages
...declared by the directors thereof; but that before each dividend every bank shall carry one tenth of its net profits of the preceding half year to its surplus fund until it shall equal twenty per cent. of the capital stock. Section 5200 provides that liabilities of any... | |
 | New England - 1885 - 504 pages
...expedient ; but each association shall, before the declaration of a dividend, carry onetenth of its net profits of the preceding half year to its surplus fund until the same shall amount to twenty per cent, of its capital stock." The question at once arises, what... | |
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... of its net profits of the preceding half year to its surplus fund until the same shall amount to 20 per centum of its capital stock. 
