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" ... whenever the lawful money of any other association shall be below fifteen per centum of its [circulation and~\ deposits, such association shall not increase its liabilities by making any new loans or discounts... "
The Bank of England: And the Organisation of Credit in England - Page 830
by Charles Tennant - 1866 - 869 pages
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The Merchants' Magazine and Commercial Review, Volume 48

1863 - 512 pages
...lawful money of the United States shall at any time fall below the amount of twenty-the per centum of its circulation and deposits, such association...loans or discounts otherwise than by discounting; > r purchasing bills of exchange, payable at sight, nor make any dividend of its profits, until the...
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The Merchants' Magazine and Commercial Review, Volume 48

William B. Dana - 1863 - 508 pages
...lawful money of the United States shall at any time fall below the amount of twenty-rive per centum of its circulation and deposits, such association...by making any new loans or discounts otherwise than b) discounting or purchasing bills of exchange, payable at sight, nor make any dividend of its profits,...
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THE AMERICAN ANNUAL CYCLOPAEDIA

1864 - 878 pages
...lawful money of the United States shall at any time fall below the amount of twenty-five per centum of its circulation and deposits, such association...exchange, payable at sight, nor make any dividend of its profit*, until the required proportion between the aggregate amount of its outstanding notes of circulation...
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The Merchants' Magazine and Commercial Review, Volume 51

1864 - 496 pages
...other association shall he helow fifteen per centum of its circulation and deposits, such associations shall not increase its liabilities by making any new...dividend of its profits, until the required proportion hetween the aggregate amount of its outstanding notes of c1rculation and deposits, and its lawful money...
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The Voter's Text Book, Comprising a Collection of the Most Important ...

James M. Hiatt - 1868 - 426 pages
...deposits, and whenever the lawful money of any other association shall be below fifteen per centum of its circulation and deposits, such association...discounting or purchasing bills of exchange payable at eight, nor make any dividend of its profits until the required proportion between the aggregate amount...
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Appletons' Annual Cyclopaedia and Register of Important Events: Embracing ...

1869 - 944 pages
...lawful money of the United States shall at any time fall below the amount of twenty-five per centum of its circulation and deposits, such association...discounting or purchasing bills of exchange, payable at eight, nor make any dividend of its profits, until the required proportion between the aggregate amount...
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Appletons' Annual Cyclopaedia and Register of Important Events: Embracing ...

1872 - 886 pages
...lawful money of the United States shall at any time fall below the amount of twenty-five per centum of its circulation and deposits, such association...purchasing bills of exchange, payable at sight, nor mtke any dividend of its profits, until the required proportion between the aggregate amount of its...
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The Life and Public Services of Salmon Portland Chase, United States Senator ...

Jacob William Schuckers - 1874 - 714 pages
...proportion for a period of twelve days, it was prohibited from increasing its liabilities by making new loans or discounts, otherwise than by discounting...or purchasing bills of exchange payable at sight, or making any dividend of profits, until the required proportion between the lawful money reserve and...
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Acts of the State of Ohio

Ohio - 1879 - 368 pages
...fall below twenty per cent. of its deposits, such company shall not make any new loan or discount, otherwise than by discounting or purchasing bills...dividend of its profits, until the required proportion of its deposits, and its lawful money of .the United States, shall be restored; and for such purpose...
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Through the Light Continent; Or, The United States in 1877-8

William Saunders - 1879 - 436 pages
...banks in other places must have fifteen per cent." Whenever the lawful money is below the standard, "such association shall not increase its liabilities by making any new loans or discounts, nor make any dividend until the required proportion has been restored." "And the Comptroller of the...
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