Banking laws of Massachusetts; Being a compilation of all the general statutes of the commonwealth, now in force, relating to banks, banking and ... statues, abstracts of decisions of the Supr
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Massachusetts, 30 стр., ISBN:
1130971813
This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1855 Excerpt: ...of Sect. 6. No bank shall have due to it, at any time after the llfanedtodl-be first Mon(Jay in October next, either directly or indirectly, from any one of its directors or officers, or from any partnership of which any director or officer is a member, as principal, surety or endorser, upon notes, checks, drafts, or other security, a sum Chap. 196. As to the time for banks to hold their annual meetings, see note to sect. 22, chap. 36, Revised Statutes. See also Stat. 1843, chap. 93, sect. 10, and Stat 1848, chap. 121. Chap. 196, Sect 6, 7, 8 and 9. There is a penalty upon banks neglecting to comply with the provisions of this act by Stat 18ol, chap. 389. rectors. greater than eight per cent., or more than forty thousand dollars, or from its whole board of directors, a sum...
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