What people are saying - Write a review
We haven't found any reviews in the usual places.
Other editions - View all
00 Cash 00 Loans applied on loans Banking Law bond and mortgage borrowing members Brooklyn Cash on hand Commenced business COUNTY CREDIT UNION credited to members DISBURSEMENTS Loaned dividends credited members Female shareholders force January foreclosed or transferred foreclosures Guaranty fund hand December 31 hand January incurred and paid instalment shares Interest paid Interest received LIABILITIES Due shareholders Liberty loan bonds Loan Association Loaned on mortgage Loans on bond Loans on shares money and prior Mortgages in force N. Y. Organized non-borrowing members Officers Names Post-office Organization certificate Organized under Law Paid banking department paid by borrowing paid on withdrawal Paid salaries Premium plan printing and postage prior mortgages Private Banker real estate RECEIPTS Cash salaries and clerk-hire Savings and Loan savings stamps section 390 shares in force shares issued shares withdrawn Statement of condition street Total dividends credited transferred to real unpaid withdrawals value of shares York
Page 622 - Each director, when appointed or elected, shall take an oath that he will, so far as the duty devolves on him, diligently and honestly administer the affairs of such association, and will not knowingly violate, or willingly permit to be violated, any of the provisions of this Title...
Page 12 - In passing upon applications for permission to exercise the powers enumerated in this subsection, the Federal Reserve Board may take into consideration the amount of capital and surplus of the applying bank, whether or not such capital and surplus is sufficient under the circumstances of the case, the needs of the community to be served, and any other facts and circumstances that seem to it proper, and may grant or refuse the application accordingly: Provided, That no permit shall be issued to any...
Page 611 - ... shall be held individually responsible, equally and ratably, and not one for another, for all contracts, debts, and engagements of such association to the extent of the amount of their stock therein at the par value thereof, in addition to the amount invested in such shares...
Page 625 - The annual meeting of the corporation shall be held at such time and place as the by-laws prescribe.
Page 60 - ... at a special term of the supreme court held in and for the judicial district in which the principal business office of the corporation is located.
Page 609 - 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 due to it.
Page 12 - It shall be unlawful for any national banking association to lend any officer, director, or employee any funds held in trust under the powers conferred by this section. Any officer, director, or employee making such loan, or to whom such loan is made, may be fined not more than $5,000, or imprisoned not more than five years, or may be both fined and imprisoned, in the discretion of the court.
Page 626 - The verification shall state that the report is true and correct in all respects to the best of the knowledge and belief of the persons verifying it, and that the usual business of the credit union has been transacted at the location required by this article and not elsewhere.