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 20
... fact that some very able judges have been blind to the fact that the keep- ing open of an insolvent bank by directors , either wilfully or negligently , is one thing , and that negligent management of a bank is a totally different thing ...
... fact that some very able judges have been blind to the fact that the keep- ing open of an insolvent bank by directors , either wilfully or negligently , is one thing , and that negligent management of a bank is a totally different thing ...
Page 22
... fact that such courts have in many cases concurrent jurisdiction , so that a man who has followed the rule of one court finds himself in the wrong , if his adversary can bring him before another court . One thing is certain , and that ...
... fact that such courts have in many cases concurrent jurisdiction , so that a man who has followed the rule of one court finds himself in the wrong , if his adversary can bring him before another court . One thing is certain , and that ...
Page 24
... fact . But to both those qualities he must bring the support of that constructive imagination which enables him to ... fact imposes upon every one who ex- amines the adjudications for the law , the duty of never passing by an error . It ...
... fact . But to both those qualities he must bring the support of that constructive imagination which enables him to ... fact imposes upon every one who ex- amines the adjudications for the law , the duty of never passing by an error . It ...
Page 31
... fact that the corporation was carrying on a very large banking business in various places . It shows how far the courts will go in trying to avoid a seeming in- justice . § 5. Construction of charters . The court , in the case just ...
... fact that the corporation was carrying on a very large banking business in various places . It shows how far the courts will go in trying to avoid a seeming in- justice . § 5. Construction of charters . The court , in the case just ...
Page 38
... fact that a man is a banker as a guaranty of his perfect financial responsibility . That may be their own fault , but it is none the less a fact . Much could be said , however , against the possibility of any man finding out anything ...
... fact that a man is a banker as a guaranty of his perfect financial responsibility . That may be their own fault , but it is none the less a fact . Much could be said , however , against the possibility of any man finding out anything ...
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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...