Classification of banks with regard to percentage of reserve Various forms of lawful money available for reserve. Deposits, and sundry items which are allowed to offset deposits Reciprocal accounts with reserve agents . . Examples showing how reserve should be computed in ordi- nary cases Rules for finding exact excess with reserve agents and for ap- plying it to reduction of liability on deposits . . ORGANIZATION OF NATIONAL BANKS. Minimum capital stock required. Scope of powers conferred upon directors-Specific duties. Decisions as to liabilities-What would constitute violation of RESTRICTIONS AS TO LOANS IMPOSED BY SECTION 5200. Examples illustrating excessive loans and such as are not Deposits with banks and bankers regarded as loans Exceptions as to discounts, and examples illustrating these. EARNINGS, SURPLUS AND DIVIDENDS. Legal requirements regarding net profits and surplus-Bad REPORTS OF CONDITION REQUIRED BY SECTION 5211. Information with regard to same, filling out schedules How to proceed in absence of three directors or of both presi- Additional Reserve Cities. On page 3 of this volume it is stated that there are nineteen reserve cities, and on page 4 a list of these cities is given. To this list should now be added the names of four more which have recently become reserve cities-making a total of twentythree (23) reserve cities at present (March, 1892). The following is a list of the four cities referred to: Lawful Money. Minneapolis, Minn. St. Paul, Minn. Des Moines, Iowa. To the list of various forms of lawful money on page 6 should now be added U. S. Treasury Notes issued under act July 14, 1890, which are also available for lawful money reserve. Rights and Liabilities of Shareholders. Particular attention is called to the appendix of this work entitled "Hand-Book for National Bank Shareholders; their Rights and Liabilities Defined," which will be found to contain much valuable and reliable information on this subject. |