 | Insurance - 1872 - 688 pages
...conveyed to it in satisfaction of debts previously contracted in the course of its dealings ; or, 4. Such as shall have been purchased at sales upon judgments,...decrees, or mortgages obtained or made for such debts. Real estate lawfully acquired as aforesaid, and not necessary for the accommodation of the company... | |
 | Michigan - Detroit (Mich.) - 1872 - 1628 pages
...than is necessary to satisfy their debts and costs. nestrictions (2190.) SEC. 9. The said association shall not purchase, hold, or convey real estate in any other case or for any other purpose; and all conveyances of such real estate shall be made to such association in the name mentioned in the article... | |
 | Illinois. General Assembly. House of Representatives - Illinois - 1872 - 1286 pages
...conveyed to it in satisfaction of debts previously contracted in the course of its dealings ; or, 4. Such as shall have been purchased at sales upon judgments,...decrees, or mortgages obtained or made for such debts. Real estate lawfully acquired as aforesaid, and not necessary for the accommodation of the company... | |
 | Samuel Alfred Foot - New York (State) - 1873 - 518 pages
...purchase at sales under judgments, decrees, or mortgages held by such association. " The said association shall not purchase, hold, or convey real estate in any other case or for any other purpose ; and all conveyances of such real estate shall be made to the president, or such other officer as shall be indicated... | |
 | Ohio. Supreme Court - Law reports, digests, etc - 1880 - 792 pages
...not within that provision. The same statute provides that " it shall not be lawful for any company to purchase, hold, or convey real estate in any other case or for any other purpose." 69 Ohio L. 153, § 12. In a larger sense, however, the statutes prohibited the contract. They provide... | |
 | Michigan - Law - 1873 - 802 pages
...; or Third, Such as shall have been conveyed to the company in satisfaction for debts ; or, Fourth, Such as shall have been purchased at sales, upon judgments, decrees, or mortgages in favor of such company, or held or owned by it. And all real estate obtained by virtue of any pro.visions... | |
 | California - Session laws - 1874 - 524 pages
...satisfaction and discharge of loans made thereon. Fourth — No such corporation must purchase, hold, s»me. or convey real estate in any other case or for any other purpose; and all real estate described in subdivision three of this section, must be sold by the corporation within... | |
 | Illinois - Law - 1874 - 1270 pages
...contracted in their legitimate business or for money due ; or, Fourth, such as shall have been pur chased K 9 f_ UYW ҁ F cZUQ 4 '7 ^ H Ӧ ; and it shall not be lawful for any such company to purchase, hold or convey real estate in any other... | |
 | New York (State) - Session laws - 1875 - 966 pages
...not be law- ^te",°tto fill for any company incorporated as aforesaid to purchase, hold or chased in convey real estate in any other case, or for any other purpose; and all £|Jjeother such real estate as may be acquired as aforesaid, and which shall not be necessary for... | |
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Such as shall have been mortgaged to it in good faith by way of security for loans previously contracted or for moneys due ; or, 3. 
