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" If losses have at any time been sustained by any such association, equal to or exceeding its undivided profits then on hand, no dividend shall be made; and no dividend shall ever be made by any association, while it continues its banking operations, to... "
Appletons' Annual Cyclopaedia and Register of Important Events: Embracing ... - Page 302
1872
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Acts of the State of Ohio

Ohio - Session laws - 1851 - 196 pages
...sustained by any banking company, equal to, or exceeding its undivided profits then on hand, no dividends shall be made, and no dividend shall ever be made by any banking company, while it shall continue its banking operations, to an amount greater than its net...
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Laws Enacted in the General Assembly of the Commonwealth of Pennsylvania ...

Pennsylvania. Laws, statutes, etc - Law - 1860 - 994 pages
...undivided profits then on hand, no dividends shall be made, and no dividends shall ever be made by a bank while it shall continue its banking operations, to...profits then on hand, deducting therefrom its losses and Losses, relattra bad and suspended debts; and all debts due to a bank on which to> interest is paid,...
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Journal: 1st-13th Congress . Repr. 14th Congress, 1st Session ..., Volume 1

United States. Congress. House - United States - 1863 - 1178 pages
...in form of dividends or otherwise, any portion of its capital. And if losses shall at any time have been sustained by any such association equal to or...profits then on hand, no dividend shall be made; and no dividjiul shall ever be made by any association, while it shall continuo its banking operations, to...
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The Merchants' Magazine and Commercial Review, Volume 48

William B. Dana - Commerce - 1863 - 508 pages
...six months, or'in any other manner, any portion of its capit-il. And if losses shall at any time have been sustained by any such association equal to or...exceeding its undivided profits then on hand, no dividend sh ill be made ; and no dividend shall ever be made by any association, while it shall continue its...
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The Merchants' Magazine and Commercial Review, Volume 48

1863 - 512 pages
...other manner, any portion of its capit'd. And if losses shall at any time have been sustained by uny such association equal to or exceeding its undivided profits then on hand, no dividend sh.>ll be made ; and no dividend shall ever be made by any association, while it shall continue its...
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American Slavery and Finances, Volumes 1-9

Robert John Walker - Finance - 1864 - 414 pages
...manner, any Loaas limited portion of its capital. And if losses shall at any time have ° S1X montnsbeen sustained by any such association equal to or exceeding...be made ; and no dividend shall ever be made by any associa- Dividends retion, while it shall continue its banking operations, to an stricted. amount greater...
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The Merchants' Magazine and Commercial Review, Volume 51

Commerce - 1864 - 496 pages
...form of dividends, or otherwise, any portion of its capital. And if losses shall at any time have heen sustained by any such association, equal to or exceeding...undivided profits then on hand, no dividend shall he made ; and no dividend shall ever he made by any association, while it shall continue its hanking...
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The Voter's Text Book, Comprising a Collection of the Most Important ...

James M. Hiatt - United States - 1868 - 426 pages
...losses shall at any time have been sustained by any such association equal to or exceeding its dividend profits then on hand, no dividend shall be made ; and no dividend snail ever be made by any association while it shall continue its banking operations, to an amount...
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Gold and Debt: An American Hand-book of Finance, with Over Eighty Tables and ...

William Lyman Fawcett - Finance - 1876 - 300 pages
...either in the form of dividends or otherwise, any portion of its capital. If losses have at any time been sustained by any such association, equal to or...dividend shall ever be made by any association, while it continues its banking operations, to an amount greater than its net profits then on hand, deducting...
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Laws Enacted in the General Assembly of the Commonwealth of Pennsylvania ...

Pennsylvania. Laws, statutes, etc - Law - 1876 - 288 pages
...hereinbefore provided ; and if any losses shall at any time have been sustained by such corporation equal to or exceeding its undivided profits then on hand, no dividend shall be made, and no dividends shall be made by any When no aividena such corporation, while in business operation, to an...
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