| Maine - Law - 1891 - 966 pages
...corporations. Reserve fond. SECT. 2. Such corporation shall at all times have on hand, as a reserve, in lawful money of the United States an amount equal to at least twenty-five per centum of the aggregate amount of all its deposits which are subject to withdrawal... | |
| New York (State) - Banking law - 1892 - 308 pages
...409, § 63. § 44. Lawful money reserve. — Every bank or individual banker shall at all times have on hand in lawful money of the United States an amount equal to at least fifteen per cent of the aggregate amount of its deposit sj if its principal place of business is located... | |
| John B. Duryea - Banks and banking - 1892 - 448 pages
...York, Philadelphia, Pittsburg, Saint Louis, San Francisco and Washington, shall, at all times, have on hand, in lawful money of the United States, an amount equal to twenty-five per cent. of its deposits ; and every other national bank must have fifteen per cent. of... | |
| Currency question - 1895 - 548 pages
...York, Philadelphia, Pittsburgh, Saint Louis, San Francisco, and Washington,1 shall at ail times have -on hand, in lawful money of the United States, an amount equal to at least twenty-five per centum of the aggregate amount of its notes in circulation2 and i's deposits : and... | |
| Banks and banking - 1895 - 558 pages
...of its notes in circulation* and i's deposits ; and every other association shall at all times have on hand, in lawful money of the United States, an amount equal to at least fifteen per centum of the aggregate amount of its notes in circulation, and of its •deposits. When_ver... | |
| New York (State) - 1896 - 1262 pages
...44 NY St. R. 380. 44 Lawful money reserve. Every bank or individual banker shall at all times have on hand in lawful money of the United States an amount equal to at least fifteen per cent of the aggregate amount of its deposits, if its principal place of business is located... | |
| Indianapolis monetary commission - Currency question - 1898 - 640 pages
...York, Philadelphia, Pittsburgh, Saint Louis. San Francisco, and Washington,4 shall at all times have on hand, in lawful money of the United States, an amount equal to at least twenty-five per centum of the aggregate amount of its notes in circulation and its deposits ; and every... | |
| Henry Woldmar Ruoff - Encyclopedias and dictionaries - 1900 - 708 pages
...must report its condition quarterly to the Comptroller of the Currency, and must at all times have on hand in lawful money of the United States an amount equal to at least 25 per cent, of its circulation and deposits. The notes issued by the national banks are thus secured, but depositors... | |
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