The Public Statutes of the State of New Hampshire; To Which Are Prefixed the Constitutions of the United States and State of New Hampshire, with a Glossary and Digested Index (Paperback)

This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1891 Excerpt: ... the pre-Penalty tor ceding section, he shall be fined not exceeding one thousand 1881,99.2.' dollars, or be imprisoned not more than one year, or both. Sect. 12. The treasurer shall report, under oath, the names of SSt'sfocks owners of stock subject to taxation in this state and held by the new as coiiatbank as collateral security, and the amount of stock owned by tionv each, to the selectmen of the towns in this state in which the GL.'iVofi-. owners reside; and if any such owners reside outside the state, he shall report their names and the amounts of their stock to the selectmen of the town in which the bank is located. Sect. 13. No savings bank shall make a loan to any of its ofli-savings 1?. Jx, banks not to cers nor accept any of its olncers as surety or guarantor upon loan to ota. anv loan, unless all the trustees of the bank have consented wne'nexcept thereto in writing. i87i, i5: i. i878,3S:2. G.l.ito.i. Sect. 14. No savings bank shall hereafter invest its funds in tank in." the following named securities and stocks: Issttm6?9' I. In loans to any person or corporation exceeding in the aggregate ten per cent of the amount of its deposits. II. In loans and debenture bonds secured by mortgages of real estate situated outside of New England exceeding in the aggregate forty per cent of the amount of its deposits. in. In loans or debenture bonds secured by mortgages of unproductive, unimproved, or unoccupied real estate, situated outside of New England. iv. In loans secured by the pledge of securities or stocks in which it is not at liberty to invest. v. In the stocks and bonds of any corporation exceeding in the aggregate, at their par values, ten per cent of the amount of the deposits of the bank. vi. In the stock of any corporation located outside ...