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" 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 debts... "
Reports of Cases Decided in the Court of Appeals of the State of New York - Page 226
by New York (State). Court of Appeals, George Franklin Comstock, Henry Rogers Selden, Francis Kernan, Hiram Edward Sickels - 1892
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Reports of Cases Decided in the Court of Chancery of the State of ..., Volume 32

New Jersey. Court of Chancery - Law reports, digests, etc - 1880 - 942 pages
...purposes, and no others." The two purposes that might be claimed to cover this mortage are, " second, such as shall be mortgaged to it in good faith by way of security for debts previously contracted;" "third, such as shall be conveyed to it in satisfaction of debts previously contracted in the course...
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The Merchants' Magazine and Commercial Review, Volume 51

Commerce - 1864 - 496 pages
...necessary for its immediate accommodation injthe trausaction of it-ч business. Second. Such as shall he mortgaged to it in good faith, by way of security for debts previously contracted. Third. Such as shsll he conveyed to it insatisfaction of debts previously contracted in course of its...
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The Voter's Text Book, Comprising a Collection of the Most Important ...

James M. Hiatt - United States - 1868 - 426 pages
...shall be necessary for its immediate accommodation in the transaction of its business. Second. Such as shall be mortgaged to it in good faith by way of security for debts previously contracted. Third. Such as shall be conveyed to it in satisfaction of debts 'previously contracted in the course...
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An Analytical Digest of the Laws of the United States, Volume 2

Frederick Charles Brightly - Law - 1869 - 680 pages
...immediate accommodation in the transaction of POWCT "> hold .. , ° real estate. its business. II. Such years immediately succeeding the time of filing the affidavit aforesaid, and shall make affida III. Such as shall be conveyed to it in satisfaction of debts previously contracted in the course of...
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A General Digest of the Law of Corporations: Presenting the American ...

Benjamin Vaughan Abbott, Austin Abbott - Corporation law - 1869 - 1028 pages
...shall be necessary for its immediate accommodation in the transaction of its busiU 2. Such as shah1 bo mortgaged to it in good faith by way of security for debts previously contracted. ' 8. Such аз shall be conveyed to it in satisfaction of debts previously contracted in the course...
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Albany Law Journal, Volume 31

Law - 1885 - 544 pages
...National Banking Law (Rev. Stat., S 5137) provides that a national banking association may purchase such real estate as shall be mortgaged to it in good...by way of security for debts previously contracted. The power to purchase the real estate in dispute was therefore clearly conferred by the statute. The...
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A Treatise on the Law Relating to Banks and Banking: With an Appendix ...

John Torrey Morse (Jr.) - Banking law - 1870 - 600 pages
...shall be necessary for its immediate accommodation in the transaction of its business. Second. Such as shall be mortgaged to it in good faith by way of security for debts previously contracted. Third. Such as shall be conveyed to it in satisfaction of debts previously contracted in the course...
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The Albany Law Journal: A Monthly Record of the Law and the ..., Volumes 49-50

Law - 1894 - 922 pages
...necessary for its immediate accommodation in the convenient transaction of its business. 2. As may be mortgaged to it in good faith by way of security for loans made by or moneys due to it. 3. As it may purchase at sales under judgments, decrees or mortgages...
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Acts

Tennessee - Law - 1870 - 760 pages
...such real estate as may be necessary for its convenience in the transaction of its business, or as may be mortgaged to it in good faith, by way of security for loans made or moneys due. or may be made to it in satisfaction of debts previously contracted, or as...
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Laws Enacted in the General Assembly of the Commonwealth of Pennsylvania ...

Pennsylvania. Laws, statutes, etc - Law - 1873 - 1238 pages
...*">? be heldl>e necessary for its immediate accommodation in the transaction of its business ; such as shall be mortgaged to it in good faith by way of security for debts ; such as shall bo conveyed to it in satisfaction of debts previously contracted in the course of its...
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