Branch, Chain, and Group Banking, Volume 1 |
From inside the book
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Page 4
... situation to which I should like to direct your most serious consideration . We are faced with the fact that during the 9 - year period from July 1 , 1920 , to June 30 , 1929 , inclusive , about 5,000 banks , nearly all in the ...
... situation to which I should like to direct your most serious consideration . We are faced with the fact that during the 9 - year period from July 1 , 1920 , to June 30 , 1929 , inclusive , about 5,000 banks , nearly all in the ...
Page 5
... situation for the past nine years clearly indicates that the system of banking in the rural communities has broken down through causes beyond the control of the individual banker or the local com- munity . These causes are of a basic ...
... situation for the past nine years clearly indicates that the system of banking in the rural communities has broken down through causes beyond the control of the individual banker or the local com- munity . These causes are of a basic ...
Page 12
... situation equally as unfavorable as that of the previous eight years . I have a charter , " Exhibit F , " showing these figures . During the last decade there were no failures in that class of banks known as metropolitan banks having a ...
... situation equally as unfavorable as that of the previous eight years . I have a charter , " Exhibit F , " showing these figures . During the last decade there were no failures in that class of banks known as metropolitan banks having a ...
Page 13
... situation . Every bank failure presents a distinct phenomenon to the local community . It is a local dramatic event . Whereas the supervising official may in many cases not be surprised that the bank has failed and the executive ...
... situation . Every bank failure presents a distinct phenomenon to the local community . It is a local dramatic event . Whereas the supervising official may in many cases not be surprised that the bank has failed and the executive ...
Page 17
... situation , recognizing the diffi- culties under which the small country bank now operates , have suggested as a remedy for the failure of these banks and the improve- ment of rural banking conditions a Federal statute requiring a mini ...
... situation , recognizing the diffi- culties under which the small country bank now operates , have suggested as a remedy for the failure of these banks and the improve- ment of rural banking conditions a Federal statute requiring a mini ...
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Common terms and phrases
affiliated amount assistant bank failures Bank of Italy bank stocks bank suspensions banker BEEDY ber June Decem bonds borrower branch banking system branch system BRAND BUSBY cent chain banking chains or groups CHAIRMAN committee Comptroller Congress Congressman consolidated country banks Currency December 31 depositors deposits directors dividends DUNBAR earning assets establish branches Federal reserve act Federal reserve bank Federal Reserve Board Federal reserve district Federal reserve system funds GOLDSBOROUGH Governor YOUNG group banking holding company increase interest Kansas legislation LETTS limit loans and investments McFadden Act member banks national bank act national banks Nonmember Number of bank number of branches paid parent bank permitted POLE profits purchase question reference salaries securities SEIBERLING situation small banks statement STEAGALL STEVENSON STRONG surplus system of banking tion Total trade area Transamerica Corporation trust companies unit banks usury WINGO York
Popular passages
Page 110 - States provides that the Congress shall have power — To coin money, regulate the value thereof, and of foreign coin, and fix the standard' of weights and measures: To provide for the punishment of counterfeiting the securities and current coin of the United States.
Page 841 - Latter, all the parties to the foregoing certificate of incorporation, known to me personally to be such, and severally acknowledged the said certificate to be the act and deed of the signers, respectively, and that the facts therein stated are truly set forth.
Page 607 - 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 607 - Any number of persons, not less than three, may associate to establish a corporation for the transaction of any lawful business, or to promote or conduct any legitimate object or purpose...
Page 265 - The result is a conviction that the States have no power, by taxation or otherwise, to retard, impede, burden, or in any manner control, the operations of the constitutional laws enacted by Congress to carry into execution the powers vested in the General Government.
Page 264 - After the most deliberate consideration, it is the unanimous and decided opinion of this court that the act to incorporate the Bank of the United States is a law made in pursuance of the constitution, and is a part of the supreme law of the land.
Page 434 - Sec. 3.* The Federal Reserve Board may permit or require any Federal reserve bank to establish branch banks within the Federal reserve district in which it is located or within the district of any Federal reserve bank which may have been suspended.
Page 23 - district" shall be held to mean Federal reserve district; the term "reserve bank" shall be held to mean Federal reserve bank. Federal Reserve Districts SEC. 2. As soon as practicable, the Secretary of the Treasury, the Secretary of Agriculture and the Comptroller of the Currency, acting as "The Reserve Bank Organization Committee...
Page 844 - He shall give, or cause to be given, notice of all meetings of the stockholders and of the board of directors, and shall perform such other duties as may be prescribed by the board of directors or president, under whose supervision he shall be.
Page 607 - ... 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; and stock so purchased or acquired shall, within six months from the time of its purchase, be sold or disposed of at public or private sale...