Modern Banking Methods and Practical Bank Bookkeeping |
From inside the book
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Page 3
... sometimes has much to do with the success of the bank . In organizing a National bank , it is well to bear in mind that the word National must form a part of the title . The foregoing preliminaries having been settled , the next im ...
... sometimes has much to do with the success of the bank . In organizing a National bank , it is well to bear in mind that the word National must form a part of the title . The foregoing preliminaries having been settled , the next im ...
Page 27
... sometimes more than one Vice - Presi- dent , and they share with the President many of the duties , such as looking after certain classes of loans or taking the general manage- ment of certain departments . It can be seen that a man of ...
... sometimes more than one Vice - Presi- dent , and they share with the President many of the duties , such as looking after certain classes of loans or taking the general manage- ment of certain departments . It can be seen that a man of ...
Page 30
... Sometimes the various amounts are paid in cash and sometimes , when the employees have accounts at the bank , they are credited to their accounts , by means of deposit tickets . The Cashier must keep himself daily informed of the ...
... Sometimes the various amounts are paid in cash and sometimes , when the employees have accounts at the bank , they are credited to their accounts , by means of deposit tickets . The Cashier must keep himself daily informed of the ...
Page 32
... sometimes enter the ranks of the working force and interfere with its efficiency , but it will often be found that there is some just cause . As a rule the element of justice is strong among the clerks , and while promotions for ...
... sometimes enter the ranks of the working force and interfere with its efficiency , but it will often be found that there is some just cause . As a rule the element of justice is strong among the clerks , and while promotions for ...
Page 37
... back of the check with pencil the words , not sufficient funds , or not suffi- cient , and sometimes the last word is abbreviated to read " suff . " Another good term to use is , payment refused , THE OFFICERS AND EMPLOYEES . 37.
... back of the check with pencil the words , not sufficient funds , or not suffi- cient , and sometimes the last word is abbreviated to read " suff . " Another good term to use is , payment refused , THE OFFICERS AND EMPLOYEES . 37.
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Common terms and phrases
amount articles of association balance bank's banker blank board of directors bonds capital stock cash Cashier's check cent Centre City certificates of deposit certified check charge Chase National Bank checks circulation Clearing House clearing-house collateral collection column Comptroller count Currency custom customary daily debit deposit account deposit tickets depositors desk discount register dividend dollars draft due bills duties employees endorsed entered exchange filed foreign funds Grace individual ledger interest forfeited issued keep large banks ledger bookkeeper Legal Tender letter liabilities loans Merchants method months National Banking Act Natt necessary notes number of shares officers organization certificate overdrafts paid paper pass book payable paying teller payment profits proper receipt receiving teller record Seaboard National Bank seen settling clerk shareholders sheet shown shows slip statement book stockholders stub tion transactions transfer undersigned voucher York
Popular passages
Page 9 - 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 onetenth part of the amount of the capital stock of such association actually paid in.
Page 9 - 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 9 - No association, or any member thereof, shall, during the time it shall continue its banking operations, withdraw, or permit to be withdrawn, either in the form of dividends or otherwise, any portion of its capital.
Page 314 - CD, of the city aforesaid, merchant, my true and lawful attorney, for me, and in my name, and for my use to ask, demand...
Page 183 - Seventh. 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...
Page 9 - Board, by the Comptroller of the Currency in his own name before the association shall be declared dissolved.
Page 9 - All debts due to any associations, on which interest is past due and unpaid for a period of six months, unless the same are well secured, and in process of collection, shall be considered bad debts within the meaning of this section.
Page 9 - That if the directors of any 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 act, all the rights, privileges, and franchises of . the association derived from this act shall be thereby forfeited.
Page 310 - A majority of the directors, after executing the articles of association and organization certificate, shall have power to execute all other papers, and to do whatever may be required to make its organization perfect and complete as a national association. The shares of any such bank may continue to be for the same amount each as they were before the conversion, and the directors may continue to be...
Page 11 - 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...