The Laws of the State of New York Relating to Banks, Banking, Trust Companies, Loan, Mortgage and Safe Deposit Corporations: Together with the Acts Affecting Moneyed Corporations Generally ... Also the National Bank Act as Amended, and Cognate United States Statutes : Annotated |
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Page xlii
... issued in exchange for three and one - half per cent . bonds .... 12. Gold certificates issued in exchange for good coin . 13. Penalty for falsely certifying checks . 14. Right of Congress to repeal , etc .. 727 728 728 729 ACT OF MARCH ...
... issued in exchange for three and one - half per cent . bonds .... 12. Gold certificates issued in exchange for good coin . 13. Penalty for falsely certifying checks . 14. Right of Congress to repeal , etc .. 727 728 728 729 ACT OF MARCH ...
Page 10
... issued by authority of the co- lonial legislature from time to time . Loan commissioners were ap- pointed for their supervision , and numerous controversies occurred with the home government relative thereto . There were no incor ...
... issued by authority of the co- lonial legislature from time to time . Loan commissioners were ap- pointed for their supervision , and numerous controversies occurred with the home government relative thereto . There were no incor ...
Page 17
... issued , any bills or notes , other than for the payment of money ; and that the sums which may be 23 Flagg's Banks of New York , 12 . 243 Web . Ed . Laws , 611 , § 9 . expressed in any bills or notes which any banks should 2 HISTORICAL ...
... issued , any bills or notes , other than for the payment of money ; and that the sums which may be 23 Flagg's Banks of New York , 12 . 243 Web . Ed . Laws , 611 , § 9 . expressed in any bills or notes which any banks should 2 HISTORICAL ...
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... issued , which , according to the terms thereof are receivable . only in payment of debts due to the bank , should be recoverable by the bearer of such bills or notes , in like manner as if the same con- tained an express promise for ...
... issued , which , according to the terms thereof are receivable . only in payment of debts due to the bank , should be recoverable by the bearer of such bills or notes , in like manner as if the same con- tained an express promise for ...
Page 22
... issued for canal purposes from the year 1818 to the present time . From that year to the year 1839 the certificates of State stock were signed by the cashier of the Manhattan Company alone ; since 1839 , these certificates have been ...
... issued for canal purposes from the year 1818 to the present time . From that year to the year 1839 the certificates of State stock were signed by the cashier of the Manhattan Company alone ; since 1839 , these certificates have been ...
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Common terms and phrases
action agent amount application appointed assets attorney-general authorized bank or banker bank or individual bank or trust banking department Banking Law bills business of banking by-laws capital stock cashier centum certificate of deposit chapter circulating notes corporation or individual court creditors deemed deposit depositor discount dividends duty eighteen hundred evidence of debt examination filed Former section funds held holder individual banker insolvent interest investment issued legislature liability loan located manner ment moneyed corporation mortgage N. Y. Supp national bank Natl notice opinion organization certificate organized paid par value pass book payable payment Penal Law person place of business poration prohibited promissory notes provisions purpose railroad real estate real property receive redemption savings bank securities shares statute stockholders superintendent of banks surplus thereof thousand dollars tion transaction transfer trust company trustees violation York
Popular passages
Page 632 - Shareholders (Sec. 5151). —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 523 - Corporations may be formed under general laws; but shall not be created by special act, except for municipal purposes, and in cases where in the judgment of the Legislature, the objects of the corporation cannot be attained under general laws. All general laws and special acts passed pursuant to this section, may be altered from time to time or repealed.
Page 149 - 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; 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 636 - Persons holding stock as executors, administrators, guardians or trustees, shall not be personally subject to any liabilities as stockholders, but the estates and funds In their hands shall be liable In like manner and to the same extent as the testator, Intestate, ward, or person interested In such trust funds would be, If living and competent to act and hold the stock In his own name.
Page 562 - Every holder is deemed prima facie to be a holder in due course ; but when it is shown that the title of any person who has negotiated the instrument was defective, the burden is on the holder to prove that he or some person under whom he claims acquired the title as holder in due course.
Page 617 - 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 banking; by discounting and negotiating promissory notes, drafts, bills of exchange, and other evidences of debt...
Page 676 - 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 584 - A bill must be protested at the place where it is dishonored, except that when a bill drawn payable at the place of business, or residence of some person other than the drawee, has been dishonored by non-acceptance, it must be protested for non-payment at the place where it is expressed to be payable, and no further presentment for payment to, or demand on, the drawee is necessary.
Page 659 - 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 552 - Where the instrument contains or a person adds to his signature words indicating that he signs for or on behalf of a principal, or in a representative capacity, he is not liable on the instrument if he was duly authorized ; but the mere addition of words describing him as an agent, or as filling a representative character, without disclosing his principal, does not exempt him from personal liability.