Amendment to Section 5210 of Revised Statutes: Hearing ... Eighty-third Congress, First Session, on H.R. 4004, a Bill to Amend Section 5210 of the Revised Statutes, March 18, 1953 |
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25 banks Acting Comptroller amend section 5210 AMERICAN BANKERS ASSOCIATION Banking Act Banking and Currency burden CHAIRMAN charter CO THE LIBRARY Committee on Banking Comptroller's office confidential CONG CONGRES LIBRARY CONGRES THE LIBRARY CONGRESS LIBRARY CONGRESS THE LIBRARY deleting the last demand therefor double-liability FDIC Federal Reserve agent Federal Reserve notes filed furnished GAMBLE gentleman yield go to court HAYS Held by Comptroller Held by Federal HIESTAND holders holding company House of Representatives inspection KILBURN L. A. JENNINGS letter LIBRARY OF CONGRES LIBRARY OF CONGRESS LIBRARY THE LIBRARY list of shareholders lists available MARCH 18 MERRILL Monday of July MULTER national banking associations OAKMAN ownership president or cashier RARY OF CONGRESS requirement Revised Statutes 12 semiannual examination shareholder or creditor shareholders list SPENCE Statutes 12 U. S. C. stockholders subject to double TH THE LIBRARY tion transmitted Washington WIDNALL WOLCOTT
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Page 1 - ... each, in the office where its business is transacted. Such list shall be subject to the inspection of all the shareholders and creditors of the association, and the officers authorized to assess taxes under state authority, during business hours of each day in which business may 'be legally transacted. A copy of such list, on the first Monday of July of each year, verified by the oath of such president or cashier, shall be transmitted to the Comptroller of the Currency.
Page 10 - That the president and cashier of every such association shall cause to be kept at all times a full and correct list of the names and residences of all the shareholders in the association, and the number of shares held by each, in the office where its business is transacted...
Page 20 - That not less than six months prior to such date, such association shall have caused notice of such prospective termination of liability to be published in a newspaper published in the city, town, or county in which such association is located, and if no newspaper is published in such city, town, or county, then in a newspaper of general circulation therein. If the association fail to give such notice as and when above provided, a termination of such additional liability may thereafter be accomplished...
Page 20 - ... notice thereof in all cases having been given in a newspaper published in the city, town or county in which the association is located; and if no newspaper is published in such city, town or county, such notice shall be published in a newspaper published nearest thereto.
Page 20 - Such additional liability shall cease on July 1, 1937, with respect to all shares issued by any association which shall be transacting the business of banking on July 1, 1937 : Provided, That not less than six months prior to such date, such association shall have caused notice of such prospective termination of liability to be published in a newspaper published in the city, town, or county In which such association is located, and if no newspaper is published in such city, town, or county, then...
Page 20 - The additional liability imposed upon shareholders in national banking associations by the provisions of section 5151 of the Revised Statutes, as amended, and section 23 of the Federal Reserve Act, as amended (USC, title 12, sees. 63 and 64), shall not apply with respect to shares in any such association issued after the date of enactment of this Act.
Page 1 - USC 62) is amended by deleting the last sentence thereof and substituting therefor the following sentence...
Page 2 - There is transmitted herewith a draft of a proposed bill to amend section 5210 of the Revised Statutes. The last sentence of section 5210 of the Revised Statutes (12 USC 62), which would be deleted by the proposed bill, provides that every national banking association shall transmit annually to the Comptroller of the Currency, a verified copy of the list of its shareholders. The original purpose of this provision was to enable the Comptroller to know who were the shareholders of the association in...