 | Michigan. Supreme Court, Randolph Manning, George C. Gibbs, Thomas McIntyre Cooley, Elijah W. Meddaugh, William Jennison, Hovey K. Clarke, Hoyt Post, Henry Allen Chaney, William Dudley Fuller, John Adams Brooks, Marquis B. Eaton, Herschel Bouton Lazell, James M. Reasoner, Richard W. Cooper - Law reports, digests, etc - 1910 - 806 pages
...said stock. * * *" It is also provided (section 6102) that : "The board of directors of a bank may declare a dividend of so much of the net profits of the bank, after providing for all expenses, losses, interest, and taxes accrued or due from said bank,... | |
 | United States. Supreme Court - Law reports, digests, etc - 1855 - 702 pages
..." the directors of each banking company, semiannually, on the first Mondays of May and November, to declare a dividend of so much of the net profits of the company as they shall judge expedient ; and on each dividend day the cashier shall make out and verify... | |
 | Michigan. Legislature. Senate - Michigan - 1857 - 612 pages
...•'Sec. 18. The directors of each bank shall semi-annually on the first Monday in July and December, declare a dividend of so much of the net profits of the bank as they shall deem expedient; and on each of said days the President or Cashier shall make a full,... | |
 | Michigan, Thomas McIntyre Cooley - Law - 1857 - 998 pages
...The directors of each bank shall semianmially, on «!»r«a- the first Monday in July and December, declare a dividend of so much of the net profits of the bank as they shall deem expedient, and on each of said days the President or Cashier Btatementof con-... | |
 | Michigan - 1857 - 1012 pages
...each bank shall semiannual! v. on ridond.1 to be do- * ctarod. the first Monday in July and December, declare a dividend of so much of the net profits of the bank as they shall deem expedient, and on each of said days the President or Cashier sutementor con-... | |
 | Pennsylvania. Laws, statutes, etc - Law - 1861 - 956 pages
...directors of each bank shall semi-anonaciJ° aja clar * da "y' on l ^ e ^ rst Monday ' n -May and November, declare a dividend of so much of the net profits of the bank as they shall judge expedient, and pay the same to the stockholders on deLimitation, mand of,... | |
 | Frederick Charles Brightly - Law - 1869 - 680 pages
...33. The directors of any association may, semi-annually, each year, declare a divi- IWJ. \ 33. dend of so much of the net profits of the association as they shall judge expedient; nividiTds but each association shall, before the declaration of a dividend, carry one-tenth part of... | |
 | Michigan - Law - 1871 - 570 pages
...Direetors; Sec. 18. The directors of each bank shall, semi-annually, on when shall * in January and July, declare a dividend of so much of the net profits of the bank as they shall deem expedient, TO maks and on each of said days the president or cashier shall... | |
 | William Adams Richardson - Banking law - 1873 - 208 pages
...And be it further enacted, That the directors of 18 an y association may, scrni-annually, each year, declare a dividend of so much of the net profits of...shall judge expedient; but each association shall, Restriction. before the declaration of a dividend, carry one-tenth part of its net profits of the preceding... | |
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... of its net profits of the preceding half year to its surplus fund until the same shall amount to 20 per centum of its capital stock. 
