Congressional Serial SetU.S. Government Printing Office, 1881 |
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Common terms and phrases
00 Dividends unpaid 00 Individual deposits 00 Notes 00 Other undivided 00 Surplus fund 00 Total 00 U. S. certificates approved reserve agents bank notes outstanding bankers Real estate banks and bankers bills re-discounted Bills bonds on hand bonds to secure Capital stock paid cash items Exchanges Cashier certificates of deposit clearing-house Bills deposit Due deposits Deposits Deposits of U. S. deposits U. S. bonds disbursing officers Due discounts Overdrafts U. S. Due from approved Due from U. S. Exchanges for clearing-house expenses and taxes fixtures Current expenses fund Other undivided furniture hand Other stocks Legal-tender notes U. S. Liabilities Loans and discounts mortgages Due National bank notes national banks Due Notes and bills notes U. S. certificates outstanding State bank Overdrafts U. S. bonds Premiums paid Checks President re-discounted Bills payable reserve agents Due secure deposits U. S. Specie Legal-tender notes U. S. disbursing officers U. S. Treasurer United States deposits
Popular passages
Page xxxiv - State within which the association is located ; but the legislature of each state may determine and direct the manner and place of taxing all the shares of national banking associations located within the State, subject only to the two restrictions that the taxation shall not be at a greater rate than is assessed upon other moneyed capital in the hands of individual citizens of such state, and that the shares of any national banking association owned by non-residents of any state shall be taxed in...
Page xxxii - Nothing herein shall prevent all the shares in any association from being included in the valuation of the personal property of the owner or holder of such shares, in assessing taxes imposed by authority of the State within which the association is located...
Page liii - That every association organized, or to be organized under the provisions of the said act, and of the several acts amendatory thereof, shall at all times keep and have on deposit in the Treasury of the United States, in lawful money of the United States, a sum equal to five per centum of its circulation, to be held and used for the redemption of such circulation...
Page xxxii - ... greater rate than is assessed upon other moneyed capital in the hands of individual citizens of such State, and that the shares of any national banking association owned by non-residents of any State shall be taxed in the city or town where the bank is located, and not elsewhere. Nothing herein shall be construed to exempt the real property of associations from either State, county, or municipal taxes, to the same extent, according to its value, as other real property is taxed.
Page xl - If losses have at any time been sustained by any such association, equal to or exceeding its undivided profits then on hand, no dividend shall be made; and no dividend shall ever be made by any association, while it continues its banking operations, to an amount greater than its net profits then on hand, deducting therefrom its losses and bad debts.
Page lxix - Where a corporation is incompetent by its charter to take a title to real estate, a conveyance to it is not void, but only voidable, and the sovereign alone can object. It is valid until assailed in a direct proceeding instituted for that purpose.
Page xlv - That any association organized under this act, or any of the acts of which this is an amendment, desiring to withdraw its circulating notes, in whole or in part, may, upon the deposit of lawful money with the Treasurer of the United States in sums of not less than nine thousand dollars, take up the bonds which said association has on deposit with the Treasurer for the security of such circulating notes ; which bonds shall be assigned to the bank in the manner specified in the nineteenth section of...
Page xl - In addition to the reports required by the preceding section, each association shall report to the Comptroller of the Currency, within ten days after declaring any dividend, the amount of such dividend, and the amount of net earnings in excess of such dividend.
Page 120 - Loans and discounts Overdrafts US bonds to secure circulation. . US bonds to secure deposits US bonds on hand Other stocks, bonds, and...
Page xlv - SEC. 6. That the amount of United States notes outstanding and to be used as a part of the circulating medium shall not exceed the sum of three hundred and eighty-two million dollars, which said sum shall appear in each monthly statement of the public debt ; and no part thereof shall be held or used as a reserve.