The Law of Banks and Banking: Including Acceptance, Demand and Notice of Dishonor Upon Commercial Paper, with an Appendix Containing the Federal Statutes Applicable to National Banks |
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Page 17
... bailee's right to recover the thing bailed against the world . But in this country courts and text - writers have See § 147 , post . 4 See § 147 , post . become confused , just as the lawyers of the Middle 2 INTRODUCTION . 17.
... bailee's right to recover the thing bailed against the world . But in this country courts and text - writers have See § 147 , post . 4 See § 147 , post . become confused , just as the lawyers of the Middle 2 INTRODUCTION . 17.
Page 18
... become confused , just as the lawyers of the Middle Ages did , between agency , trust and bailment , so that to read ... becomes a trustee ; yet the one court permits the agent to sue as owner , which he could not do if he were an agent ...
... become confused , just as the lawyers of the Middle Ages did , between agency , trust and bailment , so that to read ... becomes a trustee ; yet the one court permits the agent to sue as owner , which he could not do if he were an agent ...
Page 21
... become rules of property . Those jurisdictions which have adopted an erroneous rule will find that the in- conveniences of the rule will cause it to be evaded by the business world , and a change in the rule would make the 10 See § 33 ...
... become rules of property . Those jurisdictions which have adopted an erroneous rule will find that the in- conveniences of the rule will cause it to be evaded by the business world , and a change in the rule would make the 10 See § 33 ...
Page 34
... become a franchise under the statute . This ruling was necessary to the case , which was quo war- ranto . It should be noted that in the New York constitu- tion in force in 1818 , when this case was decided , there was no clause against ...
... become a franchise under the statute . This ruling was necessary to the case , which was quo war- ranto . It should be noted that in the New York constitu- tion in force in 1818 , when this case was decided , there was no clause against ...
Page 37
... become demoral- ized as long as the banker's credit is perfect . If a bank of issue fails , the notes become , of course , practically worthless , ancestors have from time imme- morial possessed ? " This is a some- what clumsy sentence ...
... become demoral- ized as long as the banker's credit is perfect . If a bank of issue fails , the notes become , of course , practically worthless , ancestors have from time imme- morial possessed ? " This is a some- what clumsy sentence ...
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The Law of Banks and Banking: Including Acceptance, Demand and Notice of ... John Maxcy Zane No preview available - 2018 |
Common terms and phrases
acceptance acceptor agent amount apply assignment association authority bailment Bank of Metropolis bank's Barb bill of exchange bill of lading Bradw Branch Bank cashier certificate certificate of deposit certified check cited City Bank claim collection Commercial Bank Comptroller Conn contract corporation court Cranch creditor debt demand deposit depositor draft drawer duty fact Farmers Fourth Nat funds held hold holder indorser insolvent Iowa liable lien loan maker Mass maturity ment Merchants Minn N. J. Eq N. J. Law N. Y. Supp National Bank notice officer Ohio St paper party payable payee payment person place of business presented promissory note quasi-contract reason received residence rule Smedes Smith statute stockholders supra tion transaction trust ultra vires Union Bank Union Nat United unless usurious waiver Wend
Popular passages
Page 667 - To exercise by its board of directors, or duly authorized officers or agents, subject to law, all such incidental powers as shall be necessary to carry on the business of banking; by discounting and negotiating promissory notes, drafts, bills of exchange, and other evidences of debt...
Page 686 - The taking, receiving, reserving, or charging a rate of interest greater than is allowed by the preceding section, when knowingly done, shall be deemed a forfeiture of the entire interest which the note, bill, or other evidence of debt carries with it, or which has been agreed to be paid thereon.
Page 674 - ... 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 667 - ... all such incidental powers as shall be necessary to carry on the business of banking; by discounting and negotiating promissory notes, drafts, bills of exchange, and other evidences of debt; by receiving deposits ; by buying and selling exchange, coin, and bullion ; by loaning money on personal security; and by obtaining, issuing, and circulating notes according to the provisions of this Title.
Page 687 - The total liabilities to any association, of any person, or of any company, corporation, or firm for money borrowed including, in the liabilities of a company or firm, the liabilities of the several members thereof, shall at no time exceed one-tenth part of the amount of the Capital stock of such association actually paid in.
Page 692 - Nothing herein shall prevent all the shares in any association from being included in the valuation of the personal property of the owner or holder of such shares, in assessing taxes imposed by authority of the State within which the association is located...
Page 690 - ... shall be published in a newspaper published in the place where such association is established, or If there is no newspaper In the place, then in the one published nearest thereto in the same county, at the expense of the association; and such proof of publication shall be furnished as may be required by the comptroller.
Page 702 - If the directors of any national banking association shall knowingly violate, or knowingly permit any of the officers, agents, or servants of the association to violate any of the provisions of this title, all the rights, privileges and franchises of the association shall be thereby forfeited.
Page 696 - ... elect an agent, voting by ballot, in person or by proxy, each share of stock entitling the holder to one vote, and the...
Page 687 - 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...