Development Corporations and Authorities: Reports, Statutes, and Other Materials on State and Local Development Corporations and Authorities |
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Page 6
... pledged by the member institutions . 5. In Massachusetts as in the other States , stock has been sold because the ... pledged by members . In Massachusetts for example , members have pledged about $ 11 million of a potential $ 20 million ...
... pledged by the member institutions . 5. In Massachusetts as in the other States , stock has been sold because the ... pledged by members . In Massachusetts for example , members have pledged about $ 11 million of a potential $ 20 million ...
Page 7
... pledged ( or about half of the potential amount ) have the actual pledges been substantial as compared to potentials . It is interesting , however , to note the control which the share capital has on callups from members . In ...
... pledged ( or about half of the potential amount ) have the actual pledges been substantial as compared to potentials . It is interesting , however , to note the control which the share capital has on callups from members . In ...
Page 11
... pledge clauses and working capital restrictions as much as liens . Much of the Rhode Island Corp.'s funds are invested in buildings and the— only security we have is the lease of the corporation using the facilities . " 8. New Hampshire ...
... pledge clauses and working capital restrictions as much as liens . Much of the Rhode Island Corp.'s funds are invested in buildings and the— only security we have is the lease of the corporation using the facilities . " 8. New Hampshire ...
Page 14
... pledged by members to any one borrower , while the Connecticut Development Credit Corp. cannot lend more than the amount of its paid - in capital or 10 percent of the amount pledged by its members , whichever is the lesser , to one ...
... pledged by members to any one borrower , while the Connecticut Development Credit Corp. cannot lend more than the amount of its paid - in capital or 10 percent of the amount pledged by its members , whichever is the lesser , to one ...
Page 15
... pledge , or encumber any property as security . 4. In other words , it could acquire a large industrial plant , equip it ; then mortgage it as security for payment of any part of the purchase price . 5. After 14 months of operation ...
... pledge , or encumber any property as security . 4. In other words , it could acquire a large industrial plant , equip it ; then mortgage it as security for payment of any part of the purchase price . 5. After 14 months of operation ...
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acquire activities additional Albert Lea amended annual meeting application approved ARTICLE assist authority board of directors bonds borrowers Business Development Corp by-laws capital stock certificate charter Commerce commercial banks Commonwealth construction contract for deed cost counties debentures development company development corporation development credit corporations economic elected England established expansion financial institutions firm Forrest City funds Hampshire incorporation industrial building insurance companies interest rate investment issued Jobs Building June 30 lease lending Loan Association loan limit manufacturing Massachusetts membership ment Minnesota National Bank North Carolina Number Amount obligations operations organization otherwise participation payments Pennsylvania Industrial Development percent person plant pledge poration powers promote Puerto Rico purchase purpose region Rhode Island secretary Section secured sell shares shell building Small Business Administration sold stockholders and members thereof tion trust vice president vote Webster-Chicago