A Compilation of All the Acts Resolutions Reports And Other Documents in Rel
A Compilation of All the Acts Resolutions Reports And Other Documents in Rel
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It appears that the charter of the Bank has made no provision for supplying those vacancies in the direction, which occur by the omission of the Legislature to appoint a full Board of Directors. The power of filling up those vacancies devolves, according to the opinion of the Attorney General, on the Governor of the State, under his general consti- tutional powers. They merely state the fact, without intending to suggest any alteration.
It would facilitate the obtaining of loans in certain case...s, if the Legisla- ture would by law declare renunciations of dower legal, if dated before the mortgage, where on the face of the renunciation it was explicitly declared to be for the purpose of obtaining a loan from the Bank of the State of South Carolina, and on condition of such loan being obtained. At present, to render a renunciation of dower legal, a person after obtaining a loan, (if he resides at any distance from the Bank, ) must take much unnecessary trouble ; and the alteration proposed in our law, if confined to the single case of persons borrowing from the Bank, cannot, we believe, produce any inconvenience.
What to read after A Compilation of All the Acts Resolutions Reports And Other Documents in Rel?
You can find similar books in the "Read Also" column, or choose other free books by Bank of the State of South Carolina to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
It appears that the charter of the Bank has made no provision for supplying those vacancies in the direction, which occur by the omission of the Legislature to appoint a full Board of Directors. The power of filling up those vacancies devolves, according to the opinion of the Attorney General, on the Governor of the State, under his general consti- tutional powers. They merely state the fact, without intending to suggest any alteration.
It would facilitate the obtaining of loans in certain case...s, if the Legisla- ture would by law declare renunciations of dower legal, if dated before the mortgage, where on the face of the renunciation it was explicitly declared to be for the purpose of obtaining a loan from the Bank of the State of South Carolina, and on condition of such loan being obtained. At present, to render a renunciation of dower legal, a person after obtaining a loan, (if he resides at any distance from the Bank, ) must take much unnecessary trouble ; and the alteration proposed in our law, if confined to the single case of persons borrowing from the Bank, cannot, we believe, produce any inconvenience.
What to read after A Compilation of All the Acts Resolutions Reports And Other Documents in Rel?
You can find similar books in the "Read Also" column, or choose other free books by Bank of the State of South Carolina to read onlineMoreLess
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