| Michigan. Legislature - Michigan - 1889 - 730 pages
...jurisdiction for the appointment of a receiver for such bank, who, under the direction of such court, shall take possession of the books, records and assets of every description of such bank, collect all debts, dues and claims belonging to it, and sell or compound all bad or doubtful... | |
| United States. Supreme Court - Law reports, digests, etc - 1890 - 736 pages
...the incidental powers necessary to carry on the business of banking, as the receiver is required to take possession of the books, records, and assets of every description of the association, and from that moment the association is forbidden to pay out any of its notes, discount... | |
| Alpheus Beede Stickney - Interstate commerce - 1891 - 316 pages
...the comptroller of the currency may appoint a receiver," etc. " Such receiver, under the direction of the comptroller, shall take possession of the books,...assets of every description of such association," etc. By an amendment in 1879 this extraordinary remedy was extended to almost every violation of the... | |
| Michigan. Banking Division - Banks and banking - 1891 - 174 pages
...jurisdiction for the appointment of a receiver for such bank, who, under the direction of such court, shall take possession of the books, records and assets of every description of such bank, collect all GENERAL BANKING LAW OF Duty o( receiver. Duty of Commissioner on appointment of receiver.... | |
| United States. Supreme Court - Law reports, digests, etc - 1892 - 774 pages
...Comptroller of the Currency and defines his duties as follows: " Such receiver, under the direction of the Comptroller, shall take possession of the books,...association, collect all debts, dues and claims belonging to it, and, upon the order of a court of record of competent jurisdiction, may sell or compound all bad.... | |
| Law reports, digests, etc - 1892 - 634 pages
...invites our attention to the following quotations from and summary of these sections : — "The receiver shall 'take possession of the books, records, and assets of every description of said association, collect all debts, demands, and claims belonging to them, and may, if necessary to... | |
| United States - 1893 - 1256 pages
...The CHAIRMAN. Here is the law of 1864: Such receiver, under the direction of the Comptroller, shnll take possession of the books, records, and assets...association, collect all debts, dues, and claims belonging to it, and, upon the order oi' a court of record of competent jurisdiction, may sell or compound all bad... | |
| Tennessee, W. A. Milliken, John J. Vertrees - 1893 - 356 pages
...security as they may deem proper. Such dutdei' receiver, under the direction of the commissioners, shall take possession of the books, records, and assets of every description of such bank -or banking association, collect all debts due and claims belonging to it ; and upon the order... | |
| Michigan - Law - 1893 - 642 pages
...cause hereinbefore or hereinafter stated, the Commissioner of the Banking Department may forthwith take "" possession of the books, records and assets of every description of such bank, and hold the same, and said books, records and assets shall not be subject to any levies and... | |
| Electronic journals - 1894 - 1116 pages
...its notes and is in default, forthwith appoint a receiver, and " such receiver under the direction of the Comptroller shall take possession of the books,...association, collect all debts, dues and claims belonging to it, and upon the order of a court of record of competent jurisdiction, may sell or compound all bad... | |
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