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" Such as shall be conveyed to it in satisfaction of debts previously contracted in the course of its dealings. "
Statutes at Large of the State of New York: Comprising the Revised Statutes ... - Page 133
by New York (State) - 1863
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Comptroller's Manual for National Banks: Laws, Regulations, Rulings

United States. Office of the Comptroller of the Currency - 1966 - 480 pages
...banking association may purchase, hold and convey real estate for the following purposes * * * Second. Such as shall be mortgaged to it in good faith by way of security for debts previously contracted." (2) Where a real estate mortgage is taken in good faith to prevent loss...
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Federal Charter Legislation for Mutual Savings Banks, 1967: Hearings ...

United States. Congress. House. Committee on Banking and Currency. Subcommittee on Bank Supervision and Insurance - 1967 - 790 pages
...real estate (1) as shall be necessary for its accommodation in the transaction of its business; (2) ns shall be mortgaged to it in good faith by way of security for debts previously contracted ; (3) as shall be conveyed to it in satisfaction of debts previously contracted...
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The Comptroller and Bank Supervision: a Historical Appraisal, Volume 10

Ross M. Robertson - 1968 - 288 pages
...Such as 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...
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At the General Assembly of the State of Rhode-Island and Providence ...

Rhode Island - 1905 - 372 pages
...requisite for its accommodation in the convenient transaction of its business; 2. Such as shall have been mortgaged to it in good faith by way of security for loans previously contracted, or for moneys due; 3. Such as shall have been conveyed to it in satisfaction...
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Federal Farm Loan Act, with Amendments and Farm Mortgage and Farm Credit Acts

United States - 1976 - 448 pages
...others: (A) Such as shall be necessary for its accommodation in the transaction of its business. (B) Such as shall be mortgaged to it in good faith by way of security for debts previously contracted. (C) Such as shall be conveyed to it in satisfaction of loans or advances...
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Matters Relating to T. Bertram Lance: Hearings Before the Committee on ...

United States. Congress. Senate. Committee on Governmental Affairs - 1977 - 304 pages
...First. Such as shall be necessary for its accotnodation 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...
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Official Gazette, Volume 96, Issue 13

Philippines - 2000 - 494 pages
...which the BLA owns equity, shall be considered as part of the BLA's total investment in real estate; b. Such as shall be mortgaged to it in good faith by way of security for debts; c. Such as shall be conveyed to it in satisfaction of debts previously contracted in the course...
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Evolving Financial Markets and International Capital Flows: Britain, the ...

Lance E. Davis, Robert E. Gallman - 2001 - 1002 pages
...such banks may "purchase and convey real estate" of which the second is germane to this discussion. "Such as shall be mortgaged to it in good faith by way of security for In 1884, however, the Supreme Court (in the case of Fortier vs. New Orleans National Bank) held that...
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Revision of the Statutes of New Jersey

New Jersey - 2005 - 1616 pages
...accommodation in real estate. the convenient transaction of its business, or as shall be mortgaged to it Ibin 4 I A i 1 #A ~j d P 8 ͉ P# y tJ 9; eX O8a З Ro@ 3I % M9 Z ȷ0ݥ as shall be conveyed to it in satisfaction of debts previously contracted in the course of its dealings,...
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A Commentary on the Interpretations of Statutes

Gustav Adolf Endlich - 2005 - 942 pages
...banks to "purchase, hold and convey" real estate in certain prescribed cases, among which it enumerates "such as shall be mortgaged to it in good faith by way of security for debts previously contracted," having provided that " such association shall not purchase or hold real...
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