Extracts from the Laws of the United States Relating to Currency and FinanceC.W. Sever, 1889 - 66 pages |
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Common terms and phrases
12 Statutes act entitled Act of March Act to authorize Act to provide aforesaid Approved Assistant Treasurer asso authorized to issue authorizes the Secretary BANK ACT bearing interest capital stock cent centum per annum certificates of deposit circulating notes Comptroller depositaries eagle eighteen hundred entitled An act exceed exchange February 25 fifty dollars fifty millions fifty-one hundred five dollars fractional currency further enacted gold coin grains half dime hereafter hereby authorized hundred and sixty-two July 12 June lawful money legal tender less than fifty less than five million dollars millions of dollars national bank act national banking association national currency notes authorized outstanding paid payable semi-annually payment prescribed public debt purchase purpose quarter eagle receive Revised Statutes silver coins six per centum Statutes at Large sums not less thousand dollars three-dollar piece tion Treasury is hereby treasury notes twenty United States bonds United States notes vided weight
Popular passages
Page 33 - ... who shall have power to make a thorough examination into all the affairs of the association, and in doing so, to examine any of the officers and agents thereof on oath ; and shall make a full and detailed report of the condition of the association to the comptroller.
Page 43 - An act to provide a national currency secured by a pledge of United States bonds, and to provide for the circulation and redemption thereof...
Page 28 - ... deposits, such association shall not increase its liabilities by making any new loans or discounts otherwise than by discounting or purchasing bills of exchange payable at sight...
Page 24 - The shareholders of every Federal reserve bank shall be held individually responsible, equally and ratably, and not one for another...
Page 53 - National bank to keep in lawful money with the Treasurer of the United States a sum equal to five per centum of its circulation, to be held and used for the redemption of its...
Page 15 - ... lawful money and a legal tender in payment of all debts, public and private, within the United States, except duties on imports and interest as aforesaid.
Page 41 - ... and to prepare and issue therefor coupon or registered bonds of the United States in such form as he may prescribe, and in denominations of...
Page 27 - But the discount of bills of exchange drawn in good faith against actually existing values, and the discount of commercial or business paper actually owned by the person negotiating the same, shall not be considered as money borrowed.
Page 18 - That the Secretary of the Treasury, with the approval of the President, is hereby authorized to borrow, from time to time, on the credit of the United States...
Page 28 - Washington, 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...
Bibliographic information
| Title | Extracts from the Laws of the United States Relating to Currency and Finance |
| Author | United States |
| Publisher | C.W. Sever, 1889 |
| Original from | Harvard University |
| Digitized | 29 Sep 2007 |
| Length | 66 pages |
| Export Citation | BiBTeX EndNote RefMan |