 | Horace White - Banks and banking - 1911 - 576 pages
...such reduction of capital stock and the amount repaid to such bank. DIVISION OF EARNINGS SEC. 7. After all necessary expenses of a Federal reserve bank have...the aforesaid dividend claims have been fully met, all the net earnings shall be paid to the United States as a franchise tax, except that one-half of... | |
 | John Thom Holdsworth - Banks and banking - 1914 - 464 pages
...such reduction of capital stock and the amount repaid to such bank. DIVISION OF EARNINGS SEC. 7. After all necessary expenses of a Federal reserve bank have...the aforesaid dividend claims have been fully met, all the net earnings shall be paid to the United States as a franchise tax. except that one-half of... | |
 | Thomas Conway (Jr.), Ernest Minor Patterson - Banks and banking - 1914 - 452 pages
...such reduction of capital stock and the amount repaid to such bank. DIVISION or EABNINQS SEC. 7. After all necessary expenses of a Federal reserve bank have...the aforesaid dividend claims have been fully met, all the net earnings shall be paid to the United States as a franchise tax, except that one-half of... | |
 | Virginius Gilmore Iden - Banks and banking - 1914 - 138 pages
...reduction of capital stock and the amount, repaid to such bank. Division of Earnings SEC. 7. After all necessary expenses of a Federal reserve bank have...the aforesaid dividend claims have been fully met, all the net earnings shall be paid to the United States as a franchise tax, except that one-half of... | |
 | Clarence Walker Barron - Banking law - 1914 - 232 pages
...to such bank. DIVISION OF EARNINGS. SEC. 7. After all necessary expenses of a Federal reserve If 53 bank have been paid or provided for, the stockholders...the aforesaid dividend claims have been fully met, all the net earnings shall be paid to the United States as a franchise tax, except that one-half of... | |
 | Curtis Hillyer - Civil procedure - 1914 - 1628 pages
...capital stock and the amount repaid to such bank. DIVISION OP EARNINGS. § 7. Annual Dividend. — After all necessary expenses of a federal reserve bank have...capital stock, which dividend shall be cumulative. Franchise Tax. — After the aforesaid dividend claims have been fully met, all the net earnings shall... | |
 | Institute of Bankers (Great Britain) - Banks and banking - 1914 - 768 pages
...stock or surplus, or cease to be members. Such shares are not to be transferred or hypothecated. After all necessary expenses of a Federal reserve bank have been paid or provided for, the stockholder will be entitled to receive an annual dividend of six per cent, on the paid in capital... | |
 | Thomas Conway (Jr.), Ernest Minor Patterson - Banks and banking - 1914 - 448 pages
...banks of the country, that no inferences may be drawn from foreign experiences. Any earnings "after all necessary expenses of a Federal reserve bank have been paid or provided for" are to be devoted to the payment of an annual six per cent cumulative dividend. Net earnings above... | |
 | Alonzo Barton Hepburn - Coinage - 1915 - 570 pages
...such reduction of capital stock and the amount repaid to such bank. DIVISION OF EARNINGS SEC. 7. After all necessary expenses of a Federal reserve bank have...the aforesaid dividend claims have been fully met all the net earnings shall be paid to the United States as a franchise tax, except that one-half of... | |
 | Board of Governors of the Federal Reserve System (U.S.) - Banks and banking - 1915 - 670 pages
...reduction of capital stock and the amount repaid to such bank. DIVISION OF EARNINGS. SEC. 7. After all necessary expenses of a Federal reserve bank have...the aforesaid dividend claims have been fully met, all the net earnings shall be paid to the United States as a franchise tax, except that onehalf of... | |
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After all necessary expenses of a Federal reserve bank have been paid or provided for... 
