A Treatise on Co-operative Savings and Loan Associations: Including Building and Loan Associations, Mutual Savings and Loan Associations, Accumulating Fund Associations, Co-operative Banks, Etc

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D. Appleton, 1889 - Savings and loan associations - 299 pages

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Page 224 - ... shall be liable in like manner and to the same extent as the testator, or intestate, or the ward, or person interested in such fund would have been if he had been living and competent to act, and held the stock in his own name.
Page 225 - ... 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...
Page 221 - 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...
Page 225 - ... 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...
Page 278 - In witness whereof, the said parties to these presents have hereunto interchangeably set their hands and seals the day and year first above written.
Page 220 - ... shall, by their corporate name, be capable in law of purchasing, holding and conveying any real and personal estate whatever which may be necessary to enable the said company to carry on their operations named in such certificate, but shall not mortgage the same or give any lien thereon.* [Trustees to be elected.]—§ 3.
Page 226 - The copy of any certificate of incorporation, filed in pursuance of this act, certified by the county clerk or his deputy, to be a true copy, and of the whole of such certificate, shall be received in all courts and places, as presumptive legal evidence of the facts therein stated.

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