World's Congress of Bankers and Financiers: Comprising Addresses Upon Selected Financial Subjects: And Also a Series of Papers on Banking in the Several States and Territories, Prepared by Delegates Specially Appointed by the Governors |
From inside the book
Results 1-5 of 28
Page 11
... continued until Saturday , June 24th . There were two sessions each day except Thursday and Saturday , when there was but one . L. J. G. WISCONSIL Commission , DOCUMENT DEPARTMENT . CONTENTS . Opening of PREFACE . 11.
... continued until Saturday , June 24th . There were two sessions each day except Thursday and Saturday , when there was but one . L. J. G. WISCONSIL Commission , DOCUMENT DEPARTMENT . CONTENTS . Opening of PREFACE . 11.
Page 48
... continued solvent had not two mercantile schemes been appended to it . These were the Company of the West and the Com- pany of the Indies . The former was to develop the resources of Canada and Louisiana . Enormous speculation in the ...
... continued solvent had not two mercantile schemes been appended to it . These were the Company of the West and the Com- pany of the Indies . The former was to develop the resources of Canada and Louisiana . Enormous speculation in the ...
Page 62
... continued , a third proclamation was issued in 1622 , and a fourth in 1624. None of these had any effect except to make a historical record of the futility of attempts to enforce a legal ratio which is different even in a slight degree ...
... continued , a third proclamation was issued in 1622 , and a fourth in 1624. None of these had any effect except to make a historical record of the futility of attempts to enforce a legal ratio which is different even in a slight degree ...
Page 65
... continued to be successful , they passed the law which I have quoted . That law in substance remains in force to the present time , and we may be sure that it would not have lasted so long if it were not a good thing per se . THE GOLD ...
... continued to be successful , they passed the law which I have quoted . That law in substance remains in force to the present time , and we may be sure that it would not have lasted so long if it were not a good thing per se . THE GOLD ...
Page 75
... hundredths in the year 1851 , so , of course , gold could again circulate in France . The ratio continued to decline till 1857 , when it reached its lowest point , viz . , fifteen and nineteen one BANKERS AND FINANCIERS . 75.
... hundredths in the year 1851 , so , of course , gold could again circulate in France . The ratio continued to decline till 1857 , when it reached its lowest point , viz . , fifteen and nineteen one BANKERS AND FINANCIERS . 75.
Other editions - View all
Common terms and phrases
amount association bank notes Bank of England bankers banking law banking system bill bimetallism bonds borrower bullion capital stock cent certificates charter commercial Comptroller of Finance Congress corporation currency debt demand demonetization depositors deposits directors discount exchange fifty five France free coinage fund gold and silver gold or silver gold standard Government hundred Illinois increase institutions issue Kentucky labor land Latin Union legal tender legislation Legislature liability loans ment metal million dollars Missouri monetary national banking act national banks one-half paid paper money passed payment Pennsylvania population present profits prosperity purchase rate of interest ratio real estate redeem reserve Shawneetown silver coin silver dollar silver standard specie square miles stockholders surplus thousand dollars tion to-day Treasury twenty United United States Mint United States Treasury wealth
Popular passages
Page 240 - 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 235 - That associations for carrying on the business of banking may be formed by any number of persons, not less in any case than five, who shall enter into articles of association, which shall specify in general terms the object for which the association is formed, and may contain any other provisions, not inconsistent with the provisions of this act, which the association may see fit to adopt for the regulation of the business of the association and the conduct of its affairs...
Page 244 - ... 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 241 - That all associations under this act, when designated for that purpose by the Secretary of the Treasury, shall be depositaries of public money, except receipts from customs, under such regulations as may be prescribed by the Secretary ; and they may also be employed as financial agents of the government; and they shall perform all such reasonable duties, as depositaries of public moneys and financial agents of the government, as may be required of them.
Page 442 - Every stockholder in a banking corporation or institution shall be individually responsible and liable to its creditors, over and above the amount of stock by him or her held, to an amount equal to his or her respective shares so held, for all its liabilities accruing while he or she remains such stockholder.
Page 237 - Title, and that he is the owner in good faith, and in his own right, of the number of shares of stock required by this...
Page 243 - Such violation shall, however, be determined and adjudged by a proper circuit, district or territorial court of the United States, in a suit brought for that purpose by the Comptroller of the Currency, in his own name, before the association shall be declared dissolved.
Page 240 - If losses have at any time been sustained by any such association equal to or exceeding its undivided profits then on hand, no dividend shall be made ; and no dividend shall ever be made by any association while it continues its banking operations, to an amount greater than its net profits then on hand, deducting therefrom its losses and bad debts.
Page 239 - Such as shall be conveyed to it in satisfaction of debts previously contracted in the course of its dealings. Fourth. Such as it shall purchase at sales under judgments, decrees or mortgages held by the association, or shall purchase to secure debts due to it.
Page 380 - ... shall, for all purposes whatever as regards the presenting for payment or acceptance, and of the protesting and giving notice of the dishonor of" bills of exchange, bank checks and promissory notes, made after the passage of this act, be treated and considered as the first day of the week, commonly called Sunday...