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" Third, such as shall be conveyed to it in satisfaction of debts previously contracted in the course of its dealings. Fourth, such as it shall purchase at sales under judgments, decrees, or mortgages held by the association, or shall purchase to secure... "
The Pacific Reporter - Страница 414
1904
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Instructions of the Comptroller of the Currency Relative to the Organization ...

United States. Office of the Comptroller of the Currency - 1919 - 156 страници
...under judgments, decrees, or mortgages held by the association, or shall purchase to secure debts due to it. But no such association shall hold the possession...debts due to it, for a longer period than five years. 82. NATIONAL BANKING ASSOCIATIONS TO BE- DEPOSITARIES or PUBLICMONEYS. (Sec. 5153, USES, as amended...

Banking Progress

James Laurence Laughlin - 1920 - 376 страници
...association, or shall purchase to secure debts due to it. But the National Reserve Association shall not hold the possession of any real estate under mortgage...debts due to it for a longer period than five years. SEC. 39. All subscribing banks must conform to the following requirements as to reserves to be held...

The Financial Organization of Society

Harold Glenn Moulton - 1921 - 860 страници
...3, 1864.) Such associations shall not hold the possession of any real estate under mortgage, or hold the title and possession of any real estate purchased...debts due to it for a longer period than five years. (National Bank Act, June 3, 1864.) "Any national banking association not situated in a central reserve...

The Federal Reserve Act (approved December 23, 1913) as Amended August 4 ...

United States - 1923 - 132 страници
...under judgments, decrees, or mortgages held by the association, or shall purchase to secure debts due to it. But no such association shall hold the possession...debts due to it, for a longer period than five years. DENOMINATIONS AND FORM OF NATIONAL BANK CIRCULATING NOTES. Section 5172, Revised Statutes, as amended...

American Banking Methods

Leonard Le Marchant Minty - 1923 - 486 страници
...under judgments, decrees or mortgages held by the association, or shall purchase to secure debts due to it. But no such association shall hold the possession...debts due to it, for a longer period than five years. " Such as shall be necessary for its immediate accommodation in the transaction of its business." New...

Digest of Rulings of the Federal Reserve Board (1914-1923, Inclusive): With ...

Board of Governors of the Federal Reserve System (U.S.) - 1924 - 444 страници
...under judgments, decrees, or mortgages held by the association, or shall purchase to secure debts due to it. But no such association shall hold the possession...debts due to it, for a longer period than five years. DENOMINATIONS AND FORM OF NATIONAL BANK CIRCULATING NOTES. Section 5172, Revised Statutes, as amended...

Cases on Private Corporations

George Folger Canfield, Isaac Maurice Wormser - 1925 - 960 страници
...purchase, hold, and convey real estate for the following purposes, and for no others : First, such as may be necessary for its immediate accommodation in the...debts due to it for a longer period than five years." Rev. Stat. 1999; 13 Stat. 99. Here the bank never had any title, legal or equitable, to the real estate...

The Federal Reporter, Том 212

1914 - 1120 страници
...under judgments, decrees, or mortgages held by the association, or shall purchase to secure debts due to it. But no such association shall hold the possession...debts due to it, for a longer period than five years." The powers of the receiver of a national bank are denned by the following sections of the Revised Statutes:...

Reports of Cases Determined in the District Courts of Appeal of the ..., Том 67

California. District Courts of Appeal - 1925 - 972 страници
...nevertheless lands so obtained may not be retained as an investment because the National Bank Act provides, "But no such association shall hold the possession...possession of any real estate purchased to secure any debts duo to it, for a longer period than five years." (Rev. Stats., sec. 5137.) Notwithstanding the above...

The Modern Trust Company: Its Functions and Organization, an Outline of ...

Franklin Butler Kirkbride, Joseph Edmund Sterrett, Henry Parker Willis - 1925 - 644 страници
...mortgages. But no such association shall hold the possession of any real estate under foreclosure of mortgage, or the title and possession of any real...secure any debts due to it, for a longer period than two years. named in this subchapter may be made perpetual, or may be limited in time by their provisions,...




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