Extracts from the Laws of the United States Relating to Currency and Finance |
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Page 57
... Statutes at Large , 33. ] SEC . 2. That so much of section three thousand five hun- dred and twenty - four of the Revised Statutes of the United States as provides for a charge of one - fifth of one per centum for converting standard ...
... Statutes at Large , 33. ] SEC . 2. That so much of section three thousand five hun- dred and twenty - four of the Revised Statutes of the United States as provides for a charge of one - fifth of one per centum for converting standard ...
Page 58
... Revised Statutes is that prescribed on page 46 by section 1 of the Act of July 12 , 1870. ] [ Approved , January 14 , 1875. 18 Statutes at Large , 296. ] 1875. ] NOTES OF GOLD BANKS . SINKING FUND . 58 LEGAL TENDER NOTES . SPECIE ...
... Revised Statutes is that prescribed on page 46 by section 1 of the Act of July 12 , 1870. ] [ Approved , January 14 , 1875. 18 Statutes at Large , 296. ] 1875. ] NOTES OF GOLD BANKS . SINKING FUND . 58 LEGAL TENDER NOTES . SPECIE ...
Page 64
... Revised Statutes contain in sub- stance the provisions of sections 42 and 43 of the Act of June 3 , 1864 , on page 32. ] [ Section 7 provides that any bank which does not avail itself of the provisions of this act shall be wound up as ...
... Revised Statutes contain in sub- stance the provisions of sections 42 and 43 of the Act of June 3 , 1864 , on page 32. ] [ Section 7 provides that any bank which does not avail itself of the provisions of this act shall be wound up as ...
Page 65
... Statutes are hereby repealed . [ Sections 5159 and 5160 of the Revised Statutes correspond to section 16 of the Bank Act of 1864 on page 24 ; and sections 5171 and 5176 state the limit of circulating notes to be allowed to each bank ...
... Statutes are hereby repealed . [ Sections 5159 and 5160 of the Revised Statutes correspond to section 16 of the Bank Act of 1864 on page 24 ; and sections 5171 and 5176 state the limit of circulating notes to be allowed to each bank ...
Page 66
... Revised Statutes shall be applicable to the certificates herein authorized and directed to be issued . SEC . 14 ... Statutes at Large , 162. ] [ Section 5207 of the Revised Statutes is the Act of February 19 , 1869 , on page 45 ...
... Revised Statutes shall be applicable to the certificates herein authorized and directed to be issued . SEC . 14 ... Statutes at Large , 162. ] [ Section 5207 of the Revised Statutes is the Act of February 19 , 1869 , on page 45 ...
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Common terms and phrases
13 Statutes act entitled Act of March Act to authorize Act to provide aforesaid Approved Assistant Treasurer asso authorize the issue authorizes the Secretary BANK ACT bearing interest capital stock cent centum per annum certificates of deposit circulating notes Comptroller depositaries eagle eighteen hundred entitled An act exceed exchange February 25 fifty dollars fifty millions fifty-one hundred five dollars fractional currency further enacted gold coin grains half dime hereafter hereby authorized hundred and sixty-two July 12 June lawful money legal tender less than fifty less than five million dollars millions of dollars national bank act national banking association national currency notes authorized outstanding paid payable semi-annually payment prescribed public debt purchase purpose quarter eagle receive Revised Statutes silver coins six per centum Statutes at Large sums not less thousand dollars three-dollar piece tion Treasury is hereby treasury notes twenty United States bonds United States notes vided weight
Popular passages
Page 33 - ... who shall have power to make a thorough examination into all the affairs of the association, and in doing so, to examine any of the officers and agents thereof on oath ; and shall make a full and detailed report of the condition of the association to the comptroller.
Page 43 - 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 28 - ... deposits, such association shall not increase its liabilities by making any new loans or discounts otherwise than by discounting or purchasing bills of exchange payable at sight...
Page 24 - The shareholders of every Federal reserve bank shall be held individually responsible, equally and ratably, and not one for another...
Page 53 - National bank to keep in lawful money with the Treasurer of the United States a sum equal to five per centum of its circulation, to be held and used for the redemption of its...
Page 15 - ... lawful money and a legal tender in payment of all debts, public and private, within the United States, except duties on imports and interest as aforesaid.
Page 41 - ... and to prepare and issue therefor coupon or registered bonds of the United States in such form as he may prescribe, and in denominations of...
Page 27 - But the discount of bills of exchange drawn in good faith against actually existing values, and the discount of commercial or business paper actually owned by the person negotiating the same, shall not be considered as money borrowed.
Page 18 - That the Secretary of the Treasury, with the approval of the President, is hereby authorized to borrow, from time to time, on the credit of the United States...
Page 28 - Washington, shall at all times have on hand, in lawful money of the United States, an amount equal to at least twenty-five per centum of the aggregate amount of its notes in circulation and its deposits...