 Provided, That at no time shall more than one-half of the funds in the treasury of the corporation be applicable to the demands of withdrawing stockholders, without the consent of the board of directors, and that no stockholder shall be entitled to withdraw,...  Building and Loan Associations - Page 684by United States. Bureau of Labor - 1894 - 719 pagesFull view - About this book
 | Law reports, digests, etc - 1897 - 922 pages
...association where the statute provides that no more than one half the funds in the treasury shall be applied to the demands of withdrawing stockholders without the consent of the board of directors. The court says: "Whilst it is certainly intended that the operations of the corporation shall not be... | |
 | New Mexico - Law - 1897 - 1186 pages
...That at no time shall more than one-half of the funds in the treasury of the corporation be applicable P Q Q and no stockholder shall be entitled to withdraw whose stock is held in pledge for security. Upon the... | |
 | Michigan. Department of State - Savings and loan associations - 1897 - 610 pages
...time shall more than Pro™*, one-half of the funds of the treasury of the corporation he applicable to the demands of withdrawing stockholders without the consent of the board of directors, and that no stockholder shall be entitled to withdraw whose stock is held in pledge for securitv. Upon... | |
 | Michigan. Legislature - Michigan - 1898 - 1158 pages
...That at no time shall more than onehalf of the funds of the treasury of the corjKu-ation be applicable to the 'demands of withdrawing stockholders without the consent of the board of directors, and that no stockholder shall be entitled to withdraw whose stock is held in pledge for security. Upon... | |
 | Michigan. Dept. of State - Savings and loan associations - 1899 - 234 pages
...time shall more than one- Proviso, half of the funds of the treasury of the corporation be applicable to the demands of withdrawing stockholders without the consent of the board of directors, and that no stockholder shall be entitled to withdraw whose stock is held in pledge for security. Upon... | |
 | Wyoming - Law - 1903 - 264 pages
...that at no time shall more than one-half of the funds in the treasury of the association be applicable to the demands of withdrawing stockholders without the consent of the Board of Directors, and that no stockholder shall be entitled to withdraw whose stock is held by the association for security.... | |
 | Pennsylvania - Banking law - 1907 - 194 pages
...That at no time shall more than one-half of the funds in the treasury of the corporation be applicable to the demands of withdrawing stockholders, without the consent of the board of directors, and that no stockholder shall be entitled to withdraw, whose stock is held in pledge for security.... | |
 | Nevada - Law - 1915 - 728 pages
...that at no time shall more than one-half of the funds of the treasury of the corporation be applicable to the demands of withdrawing stockholders without the consent of the board of directors, and that no stockholder shall be entitled to withdraw whose stock is held by Jweasl'a* the association... | |
 | Corporation law - 1917 - 280 pages
...been accumulated : Provided, that at no time shall more than one-half the funds in the treasury be subject to the demands of withdrawing stockholders, without the consent of the Board of Directors, nor shall any stockholder be entitled to withdraw, whose shares are pledged to the corporation. The... | |
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