 | United States. Congress. Senate. Committee on Banking and Currency - 1935 - 368 pages
...be allocated to capital ai.d to surplus in such amounts as the board of directors shall prescribe. Such stock shall have no vote and shall not be entitled to the payment of dividends." 5. By striking out subsection te) and inserting in lieu thereof the following: "(e) (1) Every operating... | |
 | United States. Congress. House. Banking and Currency Committee - 1935 - 920 pages
...to capital and to surplus in such amounts as the board of directors shall prescribe, and such stocks shall have no vote and shall not be entitled to the payment of dividends. The class B stock, the stock for Federal Reserve banks, was not entitled to dividends under the existing'... | |
 | United States. Congress. Senate. Committee on Banking and Currency - 1945 - 88 pages
...Deposit Insurance Corporation capital provides in section 264 (d) of the National Banking Act that "such stock shall have no vote and shall not be entitled to the payment of dividends." The first purpose of this bill is to put the Federal Savings and Loan Insurance Corporation on the same... | |
 | United States. Congress. Senate. Banking Currency Committee - 1956 - 386 pages
...to the Secretary of the Treasury and shall be evidence of the stock ownership of the United States. Such stock shall have no vote and shall not be entitled to the payment of dividends. (d) The Corporation shall have power — First: To adopt, alter, and use a Corporate seal. Second :... | |
 | United States Congress. House. Banking and Currency Committee - 1958 - 908 pages
...shall be allocated to capital and to surplus in such amounts as the board of directors shall prescribe. Such stock shall have no vote and shall not be entitled to the payment of dividends. "(e) (1) Every operating State or national member bank, including a bank incorporated since March 10,... | |
 | 1935 - 1314 pages
...shaU be allocated to capital and to surplus in such amounts as the board of directors shall prescribe. Such stock shall have no vote and shall not be entitled to the payment of dividends. [(e) Every bank which is or which becomes a member of the Federal Reserve System on or before July... | |
 | United States. Congress. House. Committee on Banking and Currency - 1935 - 1194 pages
...and to surplus in such amounts as the board of directors shall prescribe, and such stocks shall hare no vote and shall not be entitled to the payment of dividends. The class B stock, the stock for Federal Reserve banks, was not entitled to dividends under the existing... | |
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... effective date shall be exchanged and reissued at the rate of one share for each $100 paid into the Corporation for capital stock. The consideration received by the Corporation for the capital stock shall be allocated to capital and to surplus in... 