The Laws of the State of New York Relating to Building Associations: Being the Statutes Governing the Corporations Variously Known as Building, Mutual Loan, Accumulating Fund, Coöperative Savings, and Homestead Associations, with Annotations Applicable to These Corporations Generally

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Willis Seaver Paine
L. K. Strouse & Company, 1889 - 94 страници
 

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Страница 81 - ... per cent. of its capital, after deducting the assessed value of its real estate, and all shares of stock in other corporations actually owned by such company which are taxable upon their capital stock under the laws of this state, shall be assessed at its actual value and taxed in the same manner as the other real and personal estate of the county.
Страница 58 - ... liable as a stockholder accordingly, and the estates and funds in the hands of such executor, administrator, guardian or trustee, shall be liable in like manner, and to the same extent as the testator or intestate. or the ward or person interested in such...
Страница 30 - To hold, purchase, and convey such real and personal estate as the purposes of the Corporation shall require, not exceeding the amount limited in its charter.
Страница 59 - ... any company which may be formed under this act. may increase or diminish its capital stock by complying with the provisions of this act, to any amount which may be deemed sufficient and proper for the purposes of the* corporation...
Страница 45 - If the directors of any such company shall declare and pay any dividend, when the company is insolvent, or any dividend, the payment of which would render it insolvent, or...
Страница 24 - ... has not defaulted in the payment of any part of either principal or interest of any funded debt authorized to be contracted by it, and...
Страница 60 - ... to publish a notice, signed by at least a majority of them, in a newspaper in the county, if any shall be published therein, at least three successive weeks...
Страница 36 - In case of any violation of the provisions of this section, the directors under whose administration the same may have happened, except those who may have caused their dissent therefrom to be entered at large upon the minutes of such directors...
Страница 24 - No investment in any bond and mortgage shall be made by any savings bank except upon the report of a committee of its trustees charged with the duty of investigating the same, who shall certify to the value of the premises mortgaged or to be mortgaged, according to their best judgment, and such report shall be filed and preserved among the records of the corporation.
Страница 42 - ... of stock subscribed for, and all previous payments made thereon, if payment shall not be made by the stockholders...

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