Handbook of the Law of Banks and Banking |
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Page 4
... persons . The distinc- tive function of the banker begins as soon as he uses the mon- ey of others ; so long as he ... person , firm , or company having a place of business where credits are opened by the deposit or collection of money ...
... persons . The distinc- tive function of the banker begins as soon as he uses the mon- ey of others ; so long as he ... person , firm , or company having a place of business where credits are opened by the deposit or collection of money ...
Page 7
... person or persons engaged in the business , if it be car- ried on by a single individual or by a firm . A savings bank , on the other hand , is carried on for the benefit of the de- positors ; the funds derived from deposits being ...
... person or persons engaged in the business , if it be car- ried on by a single individual or by a firm . A savings bank , on the other hand , is carried on for the benefit of the de- positors ; the funds derived from deposits being ...
Page 14
... person , or to the order of such person , or to bearer ; and the bank's honor of the check is a payment of its indebtedness to that amount . The indebtedness of a bank to a customer is thus a constantly varying amount , from time to ...
... person , or to the order of such person , or to bearer ; and the bank's honor of the check is a payment of its indebtedness to that amount . The indebtedness of a bank to a customer is thus a constantly varying amount , from time to ...
Page 17
... persons take.20 The better rule is that a bank which receives a spe- cial deposit is bound to exercise over it such ... person . Ganley v . Troy City Nat . Bank , 98 N. Y. 487 ; Lancaster County Nat . Bank v . Smith , 62 Pa . 47 ...
... persons take.20 The better rule is that a bank which receives a spe- cial deposit is bound to exercise over it such ... person . Ganley v . Troy City Nat . Bank , 98 N. Y. 487 ; Lancaster County Nat . Bank v . Smith , 62 Pa . 47 ...
Page 20
... person , or to pay a certain note , or to remit , the trans- action is sometimes called a specific deposit , 29 but more often misleadingly , a special deposit.30 It is , of course , the duty of the bank to obey the instruc- tions of ...
... person , or to pay a certain note , or to remit , the trans- action is sometimes called a specific deposit , 29 but more often misleadingly , a special deposit.30 It is , of course , the duty of the bank to obey the instruc- tions of ...
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Other editions - View all
Handbook of the Law of Banks and Banking (Classic Reprint) Francis B. Tiffany No preview available - 2017 |
Common terms and phrases
13 Stat Act June Act March agent amount authority Bank C. C. bank notes Bank of United bank's banker Banks and Banking bill of exchange Bills and Notes bonds cashier Cent certificate of deposit charge Chemical Nat circulating notes collecting bank Comptroller contract courts creditors Currency debt debtor demand depositary bank depositor directors discount drawee drawer duty Farmers funds held holder indorsement insolvent Iowa issue liability lien loan Mass ment Merchants Metropolitan Nat Minn N. J. Law N. Y. Supp National Bank Act Negotiable Instruments Law notice officers Ohio St paid paper pass book payable payee payment person received Savings Bank shareholders statute stockholders Tenn thereof tion transaction Treasury Trust U. S. Comp ultra vires Union Nat United
Popular passages
Page 386 - ... in the hands of such executor, administrator, guardian or trustee, shall be liable in like manner, and to the same extent as the testator or intestate. or the ward or person interested in such trust fund would have been, if he had been living and competent to act, and held the same stock in his own name.
Page 540 - The taking, receiving, reserving, or charging a rate of interest greater than is allowed by the preceding section, when knowingly done, shall be deemed a forfeiture of the entire interest which the note, bill, or other evidence of debt carries with it, or which has been agreed to be paid thereon.
Page 429 - That suits, actions, and proceedings against any association under this Title may be had in any circuit, district, or territorial court of the United States held within the district in which such association may be established, or in any State, county, or municipal court in the county or city in which said association is located having jurisdiction in similar cases.
Page 136 - The acceptor by accepting the instrument engages that he will pay it according to the tenor of his acceptance ; and admits — 1. The existence of the drawer, the genuineness of his signature, and his capacity and authority to draw the instrument; and 2. The existence of the payee and his then capacity to indorse.
Page 546 - B.— 35 draws any order or bill of exchange, makes any acceptance, assigns any note, bond, draft, bill of exchange, mortgage, judgment, or decree; or who makes any false entry in any book, report, or statement of the association, with intent, in either case, to injure or defraud the association...
Page 552 - Nothing herein shall prevent all the shares in any association from being included in the valuation of the personal property of the owner or holder of such shares, in assessing taxes imposed by authority of the State within which the association is located...
Page 127 - 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 541 - But the discount of bills of exchange drawn in good faith against actually existing values, and the discount of commercial or business paper actually owned by the person negotiating the same, shall not be considered as money borrowed.
Page 574 - States or shall bring into the United States or any place subject to the jurisdiction thereof, from any foreign place...
Page 568 - If the directors of any national banking association shall knowingly violate, or knowingly permit any of the officers, agents, or servants of the association to violate any of the provisions of this Title, all the rights, privileges, and franchises of the association shall be thereby forfeited.