National Banking Under the Federal Reserve SystemNational city bank of New York, 1921 - 152 pages |
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Page 16
... amended the National Bank Act to provide for the organization of banks with a minimum of $ 25,000 capital . The same act also pro- vided for the refunding of the national debt , and for issuing 2 per cent . consols , eligible as a basis ...
... amended the National Bank Act to provide for the organization of banks with a minimum of $ 25,000 capital . The same act also pro- vided for the refunding of the national debt , and for issuing 2 per cent . consols , eligible as a basis ...
Page 33
... amended at any time by shareholders owning a majority of the stock of the association , in any manner not inconsistent with law ; and the board of directors or any three shareholders may call a meeting of the shareholders for this or ...
... amended at any time by shareholders owning a majority of the stock of the association , in any manner not inconsistent with law ; and the board of directors or any three shareholders may call a meeting of the shareholders for this or ...
Page 36
... amendments thereto , and reports of the committees of directors shall be recorded in the minute book ; and the minutes of each meeting shall be signed by the president and attested by the cashier . Transfers of Stock SECTION 17. The ...
... amendments thereto , and reports of the committees of directors shall be recorded in the minute book ; and the minutes of each meeting shall be signed by the president and attested by the cashier . Transfers of Stock SECTION 17. The ...
Page 37
... shall be transacted . Changes in By - Laws SECTION 25. These by - laws may be changed or amended by the vote of a majority of the directors . SUCCESSION OF A STATE BANK BY TH A NATIONAL BANK [ 37 ] NATIONAL BANK ORGANIZATION.
... shall be transacted . Changes in By - Laws SECTION 25. These by - laws may be changed or amended by the vote of a majority of the directors . SUCCESSION OF A STATE BANK BY TH A NATIONAL BANK [ 37 ] NATIONAL BANK ORGANIZATION.
Page 38
... amendments of October 22 , 1919 , to Section 5200 U. S. R. S. ( See Loans , pages 60 , 61. ) The law does not provide for the conversion of private banks into national banks . If it is desired to effect a re - organi- zation , as in the ...
... amendments of October 22 , 1919 , to Section 5200 U. S. R. S. ( See Loans , pages 60 , 61. ) The law does not provide for the conversion of private banks into national banks . If it is desired to effect a re - organi- zation , as in the ...
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Common terms and phrases
acceptance aggregate amended amount application appointed articles of association assets authorized bank is located bank notes bank or trust bank's capital bills of exchange board of directors bonds capital and surplus capital stock centum circulating notes Comptroller consolidation corporation organized Currency days of grace deposits discount dividend Edge Corporation election employee exclusive of days Federal Reserve Act Federal reserve agent Federal reserve bank Federal Reserve Board Federal reserve notes Federal Reserve System foreign funds gold certificates held lawful money liabilities liquidation loans member bank National Bank Act national banking association national banking system National City Bank nonmember clearing banks notes issued number of shares officer organization certificate organization committee paid payable payment period person prescribed purchase purpose real estate receive reserve city Secretary secured shareholders stock and surplus stockholders subscribe subscription thereof tion transaction Treasury trust company unimpaired capital United vote War Finance Corporation