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Strana 485 - The amount of its capital stock and the number of shares into which the same shall be divided.
Strana 483 - AN ACT CREATING A BOARD OF BANK COMMISSIONERS, AND PRESCRIBING THEIR DUTIES AND POWERS.
Strana 480 - profits ' and ' income ' are sometimes used as synonymous terms, but, strictly speaking, ' income ' means that which comes in or is received from any business or investment of capital without reference to the outgoing expenditures ; while
Strana 483 - The Bank Commissioners, before entering upon the duties of their office, must execute an official bond in the sum of twenty thousand dollars, and take the oath of office, all as prescribed by the Political Code for State officers in general. SEC. 3. The duties of the Bank Commissioners...
Strana 485 - The amount at which the lot and building occupied by the bank for the transaction of its regular business, stands debited on its books, together with the market value of all other real estate held, whether acquired in settlement of loans or otherwise...
Strana 481 - ... stockholders, and does not constitute surplus profits within the meaning of the statute. To hold the contrary would, we think, tend to open the door to a practice under which the assets of corporations would be liable to distribution as dividends upon no surer basis than the judgment of their directors as to the value of their bills receivable. Such is not and should not be the policy of the law.
Strana 481 - Net earnings are properly the gross receipts less- the expenses of operating the road to earn such receipts. Interest on debts is paid out of what thus remains — that is, out of the net earnings. Many other liabilities are paid out of the net earnings.
Strana 480 - ... security. The value of the real estate held by the defendant as security for the said loans and for each thereof, is more than double the amount of the respective loans and the matured interest thereon. By the conditions of each of said loans, it is provided that in case the interest thereon is not paid as it matures, it shall be added to the principal sum, and be secured by the real estate which is given as security for said principal sum, and thereafter bear interest at the same rate as said...

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