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addition amount application assets association authority average balance bankers bills bonds borrower branches capital carried cash cent centum certificates Chapter charge checks circulation collateral collection corporation credit union currency customers dealer demand deposits directors discount district dollars drafts drawn established examination exchange Federal reserve bank Federal Reserve Board financing five foreign funds give given gold Government hand held houses important increase individual indorsement institutions interest investment issued less letter of credit liabilities limited loans manufacturers meet member banks method months mortgage National Bank necessary notes operations organization paid payable payment period person practice present profits purchase received savings season sell shares statement surplus tion trade acceptance transactions trust United usually York
Page 24 - ... the delivery may be shown to have been conditional, or for a special purpose only, and not for the purpose of transferring the property in the instrument.
Page 412 - The shareholders of each association formed under the provisions of this act, and of each existing bank or banking association that may accept the provisions of this act, shall be held individually responsible, equally and ratably, and not one for another, for all contracts, debts, and engagements of such association to the extent of the amount of their stock therein at the par value thereof, in addition to the amount invested in such shares...
Page 553 - The amount of its capital stock and the number of shares into which the same shall be divided.
Page 28 - That it is complete and regular upon its face. (2) That he became the holder of it before it was overdue, and without notice that it had been previously dishonored, if such was the fact. (3) That he took it in good faith and for value. (4) That at the time it was negotiated to him he had no notice of any infirmity in the instrument or defect in the title of the person negotiating it.
Page 565 - That if any clause, sentence, paragraph, or part of this Act shall for any reason be adjudged by any court of competent jurisdiction to be invalid, such judgment shall not affect, impair, or invalidate the remainder of this Act, but shall be confined in its operation to the clause, sentence, paragraph, or part thereof directly involved in the controversy in which such judgment shall have been rendered.
Page 528 - Whenever the laws of such State authorize or permit the exercise of any or all of the foregoing powers by State banks, trust companies, or other corporations which compete with national banks, the granting to and the exercise of such powers by national banks shall not be deemed to be in contravention of State or local law within the meaning of this Act.
Page 30 - A check of itself does not operate as an assignment of any part of the funds to the credit of the drawer with the bank, and the bank is not liable to the holder, unless and until it accepts or certifies the check.
Page 561 - In such case the articles of association and organization certificate may be executed by a majority of the directors of the bank or banking institution...
Page 442 - No association shall make any loan or discount on the security of the shares of its own capital stock, nor be the purchaser or holder of any such shares, unless such security or purchase shall be necessary to prevent loss upon a debt previously contracted in good faith...