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" Every director must, during his whole term of service, be a citizen of the United States, and at least three-fourths of the directors must have resided in the State, Territory or District in which the association is located for at least one year immediately... "
Laws of the State of New York - Page 493
by New York (State) - 1900
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The Provincial Statutes of Canada

Canada - Law - 1851 - 610 pages
...Hamilton, Kingston, Montreal and Quebec, which Directors shall be subjects of Her Majesty, and Stockholders at the time of their election, and during their continuance in office, to the amount of twenty shares, and shall have power to choose from among themselves a President and...
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Statutes of the Province of Canada, Part 2

Canada - Law - 1855 - 816 pages
...newspaper at least in the City of Quebec, which Directors shall be subjects of Her Majesty and Stockholders at the time of their election and during their continuance in office, to the amount often shares, pr8Sj,ieilt &c. and shall have power to choose from among themselves a...
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Statuts de la province du Canada

Canada - Session laws - 1855 - 812 pages
...where subscription has been made ; which Directors shhll be subjectsof Her Majes'y, and Stockholders at the time of their election, and during their continuance in office, to the amount of twenty-five shores, and shall have power to choose from among themselves a President...
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Journal: 1st-13th Congress . Repr. 14th Congress, 1st Session ..., Volume 1

United States. Congress. House - United States - 1863 - 1180 pages
...directors, one of whom shall be the president. Every director shall, during his whole term of service, be a citizen of the United States; and at least three-fourths of the directors shall Lave resided in the State in which such association is located one year next preceding their...
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The Voter's Text Book: Comprising a Collection of the Most Important ...

James M. Hiatt - United States - 1868 - 438 pages
...directors, one of whom shall be the pre$i« dent. Every director shall, during his whole term of service, be a citizen of the United States; and at least three-fourths of the directors shall have resided in the State, Territory, or District in which such association is located one year...
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A General Digest of the Law of Corporations: Presenting the American ...

Benjamin Vaughan Abbott, Austin Abbott - Corporation law - 1869 - 1028 pages
...directors, one of whom shall be the president. Every director shall, during his whole term of service, be a citizen of the United States; and at least three-fourths of the directors shall have resided in the State, Territory, or District, in which such association is located, one...
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A Treatise on the Law Relating to Banks and Banking: With an Appendix ...

John Torrey Morse (Jr.) - Banking law - 1870 - 600 pages
...directors, one of whom shall be the president. Every director shall, during his whole term of service, be a citizen of the United States ; and at least three-fourths of the directors shall have resided in the state, territory, or district in which such association is located one year...
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Laws Passed by the ... Legislature of the State of Texas

Texas - Law - 1870 - 840 pages
...their office for one year, and until their successors are elected and qualified ; which directors, at the time of their election, and during their continuance in office, shall be holders, in their own right, of at least five shares of stock ; and they shall be elected...
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Statutes of Canada

Canada - Law - 1872 - 678 pages
...in one newspaper at least, published in the City of Toronto ; which Directors shall be subscribers at the time of their election and during their continuance in office, to the amount of twenty -five shares' each ; and shall have power to choose from amongst themselves...
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Statuts du Canada, Volume 35

Canada - Session laws - 1872 - 680 pages
...in one newspaper at least, published in the City of Toronto ; which Directors shall be subscribers at the time of their election and during their continuance in office, to the amount of twenty -five shares each ; and shall have power to choose from amongst themselves...
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