Acts and Resolutions Passed at the Regular Session of the General Assembly of the State of Iowa Volume 15, No. 1 (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. 1874 Excerpt: ...and its assets be found insufficient to pay its debts and liabilities, its shareholders may, to that extent, be compelled to pay such deficiency, in proportion to the amount of stock owned by each. Sbc. 13. Whenever any stock is held by any person as execustock held by tor, administrator, trustee, or guardian, he may represent such guardian' &c: stock; in person or by proxy, and any married woman holding by married stock in her own name, in any bank organized under this act, may women. cast her vote or appoint her own proxy to vote for her. Sbc. 14. Any person authorized thereto, by resolution of the other associa-board of director or trustees of any corporation, association, or deposits)"8 society, having funds deposited, or owning stock, in any bank holding stock, formed under this act, shall be entitled to receive such deposit or to transfer such stock, and to cast the vote of such corporation, association, or society thereon. Sbc. 15. Whenever any deposits are held by any person or as Deposits by executor, administrator, trustee, or guardian, he shall be entitled executors, to receive the same; and whenever any deposit shall be made by B minors-any minor tne directors or trustees shall pay to such depositor such sum as maybe due to him or her, although no guardian shall have been appointed by or for such minor, or the guardian of such minor shall not have authorized the drawing of the same; and the check, receipt, or acquittance of such minor shall be as valid as if the same wan were executed by a guardian of said minor, or said minor was were of full age, if such deposit was made personally by said minor; and whenever any deposit shall Py married be made in her own name by any woman being or thereafter be womeu. coming married, said directors ...