A Treatise on the Law of National and State Banks: Including the Clearing House and Trust Companies : with an Appendix Containing the National Bank Act as Amended, and Instructions Relative to the Organization of National Banks |
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Page x
... responsible for subordinates , when . 169 142. Cashier - Penalty - Liable , when 170 143. Notice to cashier of bank - When notice to bank . 172 144. Cashier's declaration and admissions .. 175 145. Cashier's acts away from bank .. 176 ...
... responsible for subordinates , when . 169 142. Cashier - Penalty - Liable , when 170 143. Notice to cashier of bank - When notice to bank . 172 144. Cashier's declaration and admissions .. 175 145. Cashier's acts away from bank .. 176 ...
Page 65
... responsibility by having his stock transferred to a person pecuniarily irresponsible . " Where stock is transferred and placed upon the stock books in the name of a person who has no knowledge of such transaction , which has been done ...
... responsibility by having his stock transferred to a person pecuniarily irresponsible . " Where stock is transferred and placed upon the stock books in the name of a person who has no knowledge of such transaction , which has been done ...
Page 74
... responsible in his individual property in an amount equal to the amount of stock held by him , to make good losses to de- positors : " Held by the court that the individual liabil- ity was not in the nature of a penalty , and ...
... responsible in his individual property in an amount equal to the amount of stock held by him , to make good losses to de- positors : " Held by the court that the individual liabil- ity was not in the nature of a penalty , and ...
Page 75
... responsible in an amount equal to their stock , " to make good losses to depositors or others , " will be construed ... responsibility by making a colorable transfer of the stock , with the under- standing that at his request it shall be ...
... responsible in an amount equal to their stock , " to make good losses to depositors or others , " will be construed ... responsibility by making a colorable transfer of the stock , with the under- standing that at his request it shall be ...
Page 77
... responsible , equally and ratably , and not one for another , for all contracts , debts , and engagements of such association to the extent of the amount of their stock therein , at the par value thereof , in addition to the amount in ...
... responsible , equally and ratably , and not one for another , for all contracts , debts , and engagements of such association to the extent of the amount of their stock therein , at the par value thereof , in addition to the amount in ...
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Common terms and phrases
agent amendment amount articles of association authority bank's banker banking business banking corporation becomes bills of exchange bind the bank board of directors bonds borrow money branch banks business of banking by-laws capital stock cashier certificate of deposit certify checks charter Chemical Bank circulating notes clearing-house coin collection Comptroller contract court says creditors Currency custom debt defendant depositor discount dollars draft drawer duty executed fact funds gold held hold holder indorsement inherent power insolvent issued liability loan National Banking Act national banking association negligence notice officer organization certificate organized owner paid paper parties payable payee paying teller payment person plaintiff presented president promissory notes purchase purpose question Revised Statutes rule savings bank shareholders silver special deposit stockholders Supreme Court thereof tion transaction transfer Treasury trust United United States notes violation
Popular passages
Page 629 - ... and that the shares of any national banking association owned by non-residents of any state shall be taxed in the city or town where the bank is located, and not elsewhere. Nothing herein shall be construed to exempt the real property of associations from either state, county, or municipal taxes, to the same extent, according to its value, as other real property is taxed.
Page 600 - ... 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 629 - 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 629 - State, subject only to tha two restrictions, that the taxation shall not be at a greater rate than is assessed upon other moneyed capital in the hands of individual citizens of such State...
Page 32 - Such persons shall enter into articles of association, which shall specify in general terms the object for which the association is formed, and may contain any other provisions not inconsistent with law which the association may see fit to adopt for the regulation of its business and the conduct of its affairs.
Page 652 - ... of exchange, makes any acceptance, assigns any note, bond, draft, bill of exchange, mortgage, judgment, or decree; or who makes any false entry in any book, report, or statement of the association, with intent, in either case, to injure or defraud the association...
Page 690 - Each director, when appointed or elected, shall take an oath that he will, so far as the duty devolves on him, diligently and honestly administer the affairs of such association, and will not knowingly violate, or willingly permit to be violated, any of the provisions of this Title...
Page 332 - Such as shall be conveyed to it in satisfaction of debts previously contracted in the course of its dealings.
Page 81 - The shareholders of every national banking association shall be held individually responsible, equally and ratably, and not one for another, for all contracts, debts, and engagements of such association to the extent of the amount of their stock therein, at the par value thereof, in addition to the amount invested in such shares...
Page 342 - 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...