A Treatise on the Modern Law of Banking, Volume 1 |
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Page x
... note 1 , read note 96 . Page 294 , put the Mo. cases under the minor rule of liability . Page 299 , 23d line from bottom , for 39 , read 89 . Page 307 , 6th line from bottom , substitute xvi , for xiii . Page 470 , for references to notes ...
... note 1 , read note 96 . Page 294 , put the Mo. cases under the minor rule of liability . Page 299 , 23d line from bottom , for 39 , read 89 . Page 307 , 6th line from bottom , substitute xvi , for xiii . Page 470 , for references to notes ...
Page xiii
... notes , drafts , bills of exchange , and other evidences of debt ; by receiving deposits ; by buying and selling exchange , coin , and bullion ; by loaning money on personal security ; and by obtaining , issuing , and circulating notes ...
... notes , drafts , bills of exchange , and other evidences of debt ; by receiving deposits ; by buying and selling exchange , coin , and bullion ; by loaning money on personal security ; and by obtaining , issuing , and circulating notes ...
Page xxv
... notes to be canceled . 27. Redemption in United States notes . 28. Disposition of redemption ac- count . 29. Redemption of incomplete cir- culation . 30. Banks take circulation at par . 31. Issue of other notes prohibited . 32. Fraudulent ...
... notes to be canceled . 27. Redemption in United States notes . 28. Disposition of redemption ac- count . 29. Redemption of incomplete cir- culation . 30. Banks take circulation at par . 31. Issue of other notes prohibited . 32. Fraudulent ...
Page xxvi
... notes . Such bonds shall be received by the Treasurer upon deposit and shall be by him safely kept in his office until they shall be otherwise disposed of in pursu- ance of the provisions of this Title . ( Rev. Stat . § 5159 , as ...
... notes . Such bonds shall be received by the Treasurer upon deposit and shall be by him safely kept in his office until they shall be otherwise disposed of in pursu- ance of the provisions of this Title . ( Rev. Stat . § 5159 , as ...
Page xxvii
... notes then outstanding , a sum equal to the average cost of the redemption of national bank notes during the preceding year , and shall thereupon pay such assessment . And all na- tional banks which have heretofore made or shall ...
... notes then outstanding , a sum equal to the average cost of the redemption of national bank notes during the preceding year , and shall thereupon pay such assessment . And all na- tional banks which have heretofore made or shall ...
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Common terms and phrases
action affg agent American Nat amount applied assessment assignee authority bank's bonds Branch Bank by-law capital cashier certificate Chap Chemical Nat circulating notes cited Colo common law Comptroller Conn contract corporation court creditors Currency debt declared deposit depositor directors discount dividends duty endorsed enforce Farmers fraud fund holder Ibid insolvent Iowa Jones Nat knowledge lend lien Mass Mech Merchants Metropolitan Nat Minn N. J. Eq N. J. Law N. Y. App national banking association National State Bank Ohio St organization certificate owner paid parties payment person pledged president principle purchase receiver recover remainderman rule S. W. Ky Savings Bank Second Nat shareholders Smith Stat statute stockholders surety Tenn thereof tion transaction transfer Treasurer ultra vires Union Nat United Wend
Popular passages
Page xxii - ... 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 lxxvi - ... made after the commission of an act of insolvency or in contemplation thereof, with a view to prevent the application of its assets in the manner prescribed by this act, or with a view to the preference of one creditor to another, except in payment of its circulating notes, shall be utterly null and void.
Page lii - The total liabilities to any association, of any person, or of any company, corporation, or firm for money borrowed, including in the liabilities of a company or firm the liabilities of the several members thereof, shall at no time exceed one-tenth part of the amount of the capital stock of such association actually paid in.
Page li - 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 lii - 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...
Page xiii - Fifth. To elect or appoint directors, and by its board of directors to appoint a president, vice-president, cashier, and other officers, define their duties, require bonds of them, and fix the penalty thereof, 437 dismiss such officers or any of them at pleasure, and appoint others to fill their places.
Page xxxii - In order to furnish suitable notes for circulation, the Comptroller of the Currency shall, under the direction of the Secretary of the Treasury, cause plates and dies to be engraved, in the best manner to guard against counterfeiting and fraudulent alterations, and shall have printed therefrom, and numbered, such quantity of circulating notes, in blank, of the denominations of one dollar, two dollars, three dollars, five dollars, ten dollars, twenty dollars, fifty dollars, one hundred dollars, five...
Page lxiv - Whenever a vote is taken to go into liquidation it shall be the duty of the board of directors to cause notice of this fact to be certified, under the seal of the association, by its president or cashier, to the Comptroller of the Currency, and publication thereof to be made for a period of two months in a newspaper published in the city...
Page liii - No association, or any member thereof, shall, during the time it shall continue its banking operations, withdraw, or permit to be withdrawn, either in the form of dividends or otherwise, any portion of its capital.
Page xli - July, a tax of one-fourth of one per centum each half year upon the average amount of such of its notes in circulation...