National Bank Cases: Containing All Decisions of Both the Federal and State Courts Relating to National Banks, with Notes and References, L864-1878"Containing all decisions of both the federal and state courts relating to national banks, with notes and references."--T.p. |
From inside the book
Results 1-5 of 76
Page 7
... stock at public auction . ( §§ 14 , 15. ) No association shall make any loan or discount on the security of the shares of its own capital . ( § 35. ) Van Allen v . The Assessors . We have already SUPREME COURT , 1865 . 7.
... stock at public auction . ( §§ 14 , 15. ) No association shall make any loan or discount on the security of the shares of its own capital . ( § 35. ) Van Allen v . The Assessors . We have already SUPREME COURT , 1865 . 7.
Page 35
... discount , fifty cents on each share thereof , equal to one hundred dollars , on each one hundred dollars of stock therein owned by individuals , corporations or socie- ties . " " The cashier of a bank , whose stock is taxed , shall ...
... discount , fifty cents on each share thereof , equal to one hundred dollars , on each one hundred dollars of stock therein owned by individuals , corporations or socie- ties . " " The cashier of a bank , whose stock is taxed , shall ...
Page 37
... discount , of fifty cents on each share thereof , equal to one hundred dollars of stock therein , owned by individuals , corporations , or societies . " We entertain no doubt that this provision was intended to tax the shares of the ...
... discount , of fifty cents on each share thereof , equal to one hundred dollars of stock therein , owned by individuals , corporations , or societies . " We entertain no doubt that this provision was intended to tax the shares of the ...
Page 41
... discount and deposit ; and it lays a tax on all shares of stock in banks and incorporated companies gen- erally , the fact that it cannot collect the tax , beyond the amount limited , of the banks of issue , is no bar to the collection ...
... discount and deposit ; and it lays a tax on all shares of stock in banks and incorporated companies gen- erally , the fact that it cannot collect the tax , beyond the amount limited , of the banks of issue , is no bar to the collection ...
Page 44
... discount and deposit merely , for in no event could they work any displacement of National bank circulation . It seems , therefore , clear that the proviso to the forty - first section was meant by Congress to apply to banks of issue ...
... discount and deposit merely , for in no event could they work any displacement of National bank circulation . It seems , therefore , clear that the proviso to the forty - first section was meant by Congress to apply to banks of issue ...
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Common terms and phrases
act of Congress action alleged amount appellant appointed assessed assessors assets authority bailment bank is located banking association bills of exchange bonds by-law capital stock cashier cent certificate charge Circuit Court circulating notes citizens claim complainant Comptroller Constitution contract corporation court of equity creditors Currency Act declared defendant demurrer deposit directors discount district duty equity fact greater rate held Hulburd illegal imposed indorsed insolvent intended issue judgment jurisdiction jury Laflin Legislature liability lien loan ment moneyed capital mortgage National Banking Act National currency officers opinion organization certificate organized owner paid parties payment personal property plaintiff in error promissory notes purchase purpose question rate of interest real estate receiver recover resident shareholders shares of stock Stat statute stockholders suit Supreme Court sureties taxation thereof tion transaction transfer Treasurer United usurious valuation Veazie Bank void York
Popular passages
Page 731 - To exercise by its board of directors, or duly authorized officers or agents, subject to law, all such incidental powers as shall be necessary to carry on the business of banking; by discounting and negotiating promissory notes, drafts, bills of exchange, and other evidences of debt...
Page 857 - Such as shall be conveyed to it in satisfaction of debts previously contracted in. the course of its dealings.
Page 678 - The General Assembly shall not pass local or special laws in any of the following enumerated cases, that is to say : Regulating the jurisdiction and duties of justices of the peace and of constables; For the punishment of crimes and misdemeanors...
Page 176 - 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 onetenth part of the amount of the capital stock of such association actually paid in.
Page 7 - 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 660 - An act to provide a national currency secured by a pledge of United States bonds, and to provide for the circulation and redemption thereof...
Page 385 - ... that the taxation shall not be at a greater rate than is assessed upon other moneyed capital in the hands of individual citizens of such state...
Page 204 - And no civil suit shall be brought before either of said courts against an inhabitant of the United States, by any original process in any other district than that whereof he is an inhabitant, or in which he shall be found at the time of serving the writ...
Page 812 - 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 254 - And in case a greater rate of interest has been paid, the person or persons paying the same, or their legal representatives, may recover back, in any action of debt, twice the amount of the interest thus paid from the association taking or receiving the same: Provided, that such action is commenced within two years from the time the usurious transaction occurred.