Report of the Attorney GeneralAttorney General's Office, 1910 |
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Страница 59
... trustee , as security for an issue of notes made by the owners of the property , of which the notes in question are a part , are not a legal investment for savings banks , since they do not constitute an investment in " first mortgages ...
... trustee , as security for an issue of notes made by the owners of the property , of which the notes in question are a part , are not a legal investment for savings banks , since they do not constitute an investment in " first mortgages ...
Страница 60
... trustee for the benefit of bondholders , is not a " loan upon mortgage , " within the meaning of the statutes relating to savings banks . . . . " Loans upon first mortgages of real estate , " as that expression is used in the statute ...
... trustee for the benefit of bondholders , is not a " loan upon mortgage , " within the meaning of the statutes relating to savings banks . . . . " Loans upon first mortgages of real estate , " as that expression is used in the statute ...
Страница 61
... trustee cannot require indemnity before foreclosing ; he has no prior lien on the property for his charges ; there is no express exemption from responsibility for the negligence of agents and the trustee has not discretion as to whether ...
... trustee cannot require indemnity before foreclosing ; he has no prior lien on the property for his charges ; there is no express exemption from responsibility for the negligence of agents and the trustee has not discretion as to whether ...
Страница 62
... trustee . I am , therefore , of opinion that such an investment in the case de- scribed is not an investment in " first mortgages of real estate . ” As pointed out in the opinion first quoted , such forms of loans are becoming more ...
... trustee . I am , therefore , of opinion that such an investment in the case de- scribed is not an investment in " first mortgages of real estate . ” As pointed out in the opinion first quoted , such forms of loans are becoming more ...
Страница 87
... trustee . Petition for instructions . Attorney - General waived right to be heard . Mitchell , Austin R. , estate of . James L. Richards et al . , ex- ecutors . Petition for instructions and postponement . Decree . Norfolk County . Hall ...
... trustee . Petition for instructions . Attorney - General waived right to be heard . Mitchell , Austin R. , estate of . James L. Richards et al . , ex- ecutors . Petition for instructions and postponement . Decree . Norfolk County . Hall ...
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