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" 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... "
Extracts from the Laws of the United States Relating to Currency and Finance - Page 28
by United States - 1889 - 66 pages
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Public Documents of Massachusetts, Volume 6, Part 1

Massachusetts - Massachusetts - 1894 - 760 pages
...income of the corporation. SECT. 13. Such corporations shall at all times have on hand, as a reserve, in lawful money of the United States, an amount equal to at least fifteen per centum of the aggregate amount of all its deposits which are subject to withdrawal upon...
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Acts Passed at the First Session of the 1st Congress - 3d Session of the ...

United States - Law - 1863 - 324 pages
...county adjoining. SEC. 41. And be it further enacted, That every such associaof money on hand, tion shall at all times have on hand, in lawful money of...least twenty-five per centum of the aggregate amount ot its outstanding notes of circulation and ita when not to deposits ; and whenever the amount of its...
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The Merchants' Magazine and Commercial Review, Volume 48

William B. Dana - Commerce - 1863 - 508 pages
...county adjoining. SEC. 41. And be it further enacted, That every such association shall at all limes have on hand, in lawful money of the United States,...twenty-five per centum of the aggregate amount of its outstanding notes of circulation and its deposits; and whenever the amount of it-s out-landing notes...
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Journal: 1st-13th Congress . Repr. 14th Congress, 1st Session ..., Volume 1

United States. Congress. House - United States - 1863 - 1178 pages
...of the aggregate amount of its notes in circulation and its deposits ; and every other association shall, at all times, have on hand, in lawful money of the United States, an amount equal to at least fifteen per centum of the aggregate amount of its notes in circulation, and of its deposits. And whenever...
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The Merchants' Magazine and Commercial Review, Volume 48

1863 - 512 pages
...further enacted, That every such association shall at nil tinus have on hand, in lawful money of t.lie United States, an amount equal to at least twenty-five per centum of the aggregate amount of its outstanding notes of circulation and its deposits; and whenever the amount of its> outstanding notes...
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The American Annual Cyclopędia and Register of Important Events ...

Encyclopedias and dictionaries - 1864 - 878 pages
...newspaper in the county adjoining. SEC. 41. And be и further enacted, That every such association shall at all times have on hand, in lawful money of...twenty-five per centum of the aggregate amount of its outstanding notes of circulation and its deposits, and whenever the amount of its out« tending notes...
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"Greenbacks": Or, the Evils and the Remedy of Using "Promise to Pay the ...

Observer - Currency question - 1864 - 30 pages
...securities pledged. Again, The National •Currency Act, Sec. 41, requires "'that every such Association shall at all times have on hand, in lawful money of...twenty-five per centum of the aggregate amount of the outstanding notes (pledge tickets) of circulation and its deposits." This requires no specie, and...
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The Merchants' Magazine and Commercial Review, Volume 51

Commerce - 1864 - 496 pages
...of the aggregate amount of its notes in circulation, and its deposits , and every other association shall, at all times, have on hand, in lawful money of the United States, an amount equal to at least fifteen per centum of the aggregate amount of its notes in circulation, and of its deposits. And whenever...
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THE AMERICAN ANNUAL CYCLOPAEDIA

1864 - 878 pages
...be it further enacted, That every such association shall at all times have on hand, in lawful monev of the United States, an amount equal to at least...twenty-five per centum of the aggregate amount of its outstanding notes of circulation and its deposits, and whenever the amount of its outstanding notes...
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American Slavery and Finances, Volumes 1-9

Robert John Walker - Finance - 1864 - 414 pages
...such assoalways main- elation shall at all times have on hand, in lawful money of the tainedonhand. United States, an amount equal to at least twenty-five per centum of the aggregate amount of its outstanding notes of circulation and its deposits ; and whenever the amount of its outstanding notes...
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