A Treatise on the Modern Law of Banking, Volume 1 |
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Page xiv
... organized in any place the population of which does not exceed three thousand inhabitants . No asso- ciation shall be organized in a city the population of which ex- ceeds fifty thousand persons with a capital of less than two hundred ...
... organized in any place the population of which does not exceed three thousand inhabitants . No asso- ciation shall be organized in a city the population of which ex- ceeds fifty thousand persons with a capital of less than two hundred ...
Page xix
... the president of the board . ( Rev. Stat . § 5150. ) 21. Organization of Gold Banks . Associations may be organized in the manner prescribed by this Title for the purpose of issuing notes payable in NATIONAL BANK ACT AND AMENDMENTS . xix.
... the president of the board . ( Rev. Stat . § 5150. ) 21. Organization of Gold Banks . Associations may be organized in the manner prescribed by this Title for the purpose of issuing notes payable in NATIONAL BANK ACT AND AMENDMENTS . xix.
Page xx
... organized under the provisions of the laws of the United States may , in the manner and subject to the provisions prescribed by section fifty - one hundred and fifty - four of the Revised Statutes of the United States , for the ...
... organized under the provisions of the laws of the United States may , in the manner and subject to the provisions prescribed by section fifty - one hundred and fifty - four of the Revised Statutes of the United States , for the ...
Page xxi
... organized as national banking associations , and shall be held and regarded as such an association . But no such asso- ciation shall have a less capital than the amount prescribed for associations organized under this Title . ( Rev ...
... organized as national banking associations , and shall be held and regarded as such an association . But no such asso- ciation shall have a less capital than the amount prescribed for associations organized under this Title . ( Rev ...
Page xxiv
... organized or commenced to be organized under that act shall enjoy all the rights and privileges granted , and be subject to all the duties , liabilities , and restrictions imposed by this Title , notwithstanding all the steps prescribed ...
... organized or commenced to be organized under that act shall enjoy all the rights and privileges granted , and be subject to all the duties , liabilities , and restrictions imposed by this Title , notwithstanding all the steps prescribed ...
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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...