| Law reports, digests, etc - 1876 - 642 pages
...conveyed to it in satisfaction of debts previously contracted in the course of its dealings; or, 5. Such as shall have been purchased at sales upon judgments,...decrees or mortgages obtained or made for such debts ; and it shall not be lawful for any company incorporated as aforesaid to purchase, hold or convey... | |
| John Proffatt - Corporation law - 1876 - 252 pages
...to it by borrowers in satisfaction and discharge of loans made thereon; 4. No such corporation must purchase, hold, 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... | |
| Pennsylvania. Laws, statutes, etc - Law - 1876 - 288 pages
...previously contracted in its legitimate business or for money due. Fourth.—Such as shall havejbeen purchased at sales upon judgments, decrees or mortgages obtained, or made for such debts; and it shall not be lawful for any such company to purchase, hold or convey real estate in any other... | |
| Colorado - Law - 1877 - 1182 pages
...larger amount than is necessary to satisfy their debt and cost. f 242. SEC. 52. 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 corporation or association in the name mentioned... | |
| Pennsylvania - 1879 - 54 pages
...satisfaction of debts previously contracted in its legitimate business or for money due. Fourth. — Such as shall have been purchased at sales upon judgments,...decrees or mortgages obtained, or made for such debts ; and it shall not be lawful for any such company to purchase, hold or convey real estate in any other... | |
| Iowa - Law - 1880 - 750 pages
...satisfaction of debts previously contracted in the legitimate business of the company, or for money due; 4. Such as shall have been purchased at sales upon judgments, decrees, or mortgages obtained or made for such debt; and it shall not be lawful for any such company to purchase, hold, or convey real estate in any... | |
| Nebraska, Guy Ashton Brown - Law - 1881 - 842 pages
...decrees, or mortgages obtained or made for such debts. And it shall not be lawful for any such company to purchase, hold, or convey real estate in any other case, or for any other purpose, or acquired in any other manner, except that it may convey real estate which shall be found in the... | |
| Iowa, W. V. Lucas - Insurance law - 1881 - 34 pages
...mortgages obtained or made tor such debt; and it cure debt, shall not be lawful for any such company to purchase, hold, or convey real estate in any other case, or for any other purpose, or acquired in any other manner, except that it may convey real estate which shall be found in the... | |
| Michigan - Law - 1881 - 760 pages
...or Third, Such as shall have been conveyed to the companies in satisfaction for debts ; or Fourth, Such as shall have been purchased at sales upon judgments, decrees, or mortgages in favor of said companies, or held or owned by them. And all real estate obtained by virtue of any... | |
| New York (State) - Law - 1882 - 1278 pages
...obtained or made for such debts. And it shall not be lawful for any company incorporated as aforesaid to purchase, hold or convey real estate in any other case, or for any other purpose. Bale of And all such real estate mortgaged and conveyed in satisfaction of real estate. ^e^t or acqujre(i... | |
| |