Gold and Debt: An American Hand-book of Finance, with Over Eighty Tables and Diagrams Illustrative of the Following Subjects: the Dollar and Other Units; Paper Money in the United States and Europe; Gold and Silver in the United States and Europe; Suspensions of Specie Payments; the Era of Gold; Values of the Precious Metals; the Era of Debt; the Rise and Fall of Prices; Also, a Digest of the Monetary Laws of the United StatesS.C. Griggs and Company, 1877 - 270 pages |
From inside the book
Page 206
... stock must be certified . Fourth . Such as it shall purchase at sales under ... may , with the approval of the Secretary of the Treasury , be organized in any place the population of which does not exceed six ... time it shall be ...
... stock must be certified . Fourth . Such as it shall purchase at sales under ... may , with the approval of the Secretary of the Treasury , be organized in any place the population of which does not exceed six ... time it shall be ...
Page 228
... shall. ,. during. the. time. it. shall. continue. its. banking. operations , withdraw , or permit to be withdrawn , either in ... six months , unless the same are well secured , and in process of collection , shall be considered bad debts ...
... shall. ,. during. the. time. it. shall. continue. its. banking. operations , withdraw , or permit to be withdrawn , either in ... six months , unless the same are well secured , and in process of collection , shall be considered bad debts ...
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Other editions - View all
Common terms and phrases
aggregate amount of coin amount of gold annual interest Asia Austria authorized average bank notes Bank of England Bank of France bearing interest bonds Britain bullion capital stock cause centum certificates certificates of deposit circulating notes coin and bullion coinage coins of France Comptroller consumption of gold countries currency deposit depreciation Eagle exceeding exchange exports funded debts Germany gold and silver gold coin grains hereby hundred increase issued Italy jewelry July June 30 lawful money legal tender less loan ment millions of dollars monetary national banking association North America ounce paid paper money payable pennyweights Percentage of gold period population precious metals production of gold Quarter Eagle railroad received redeem redemption revenue Russia Secretary shareholders silver coin specie payments stock of gold thereof tion treasury notes United States notes value of gold value of silver weight
Popular passages
Page 209 - ... in the hands of such executor, administrator, guardian or trustee, 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 204 - Second, such as shall be mortgaged to it in good faith by way of security for debts previously contracted. Third, such as shall be conveyed to it in satisfaction of debts previously contracted in the course of its dealings. Fourth, such as it shall purchase at sales under judgments, decrees, or mortgages held by the association, or shall purchase to secure debts to it.
Page 201 - They 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 209 - 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 237 - ... upon the order of a court of record of competent jurisdiction, may sell or compound all bad or doubtful debts, and, on a like order, may sell all the real and personal property of such association, on such terms as the court shall direct; and may, if necessary to pay the debts of such association, enforce the individual liability of the stockholders.
Page 241 - ... all payments of money to either, made after the commission of an act of insolvency or in contemplation thereof...
Page 225 - Loans (Sec. 5200). —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 208 - The shareholders or stockholders of every banking or insurance corporation or association shall be held individually responsible, equally and ratably, and not one for another, for all contracts, debts, and engagements of such corporation or 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 or stock.
Page 203 - Sixth. To prescribe by its board of directors, by-laws not inconsistent with law, regulating the manner in which its stock shall be transferred^ its directors elected or appointed, its officers appointed, its property transferred, its general business conducted, and the privileges granted to it by law exercised and enjoyed.
Page 166 - ... provisions of a private, local, or temporary character, shall not repeal, or in any way affect any appropriation, or any provision of a private, local, or temporary character, contained in any of said acts, but the same shall remain in force ; and all acts of Congress passed prior to said last named day no part of which are embraced in said revision, shall not be affected or changed by its enactment.