National Banking Under the Federal Reserve SystemNational city bank of New York, 1921 - 152 pages |
From inside the book
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Page 46
... legal limit . ( d ) That any other conditions shown to be unsatisfactory by the ex- aminer's report be corrected ... lawful money with the Treasurer of the United States . The reduction of capital becomes operative upon issuance of ...
... legal limit . ( d ) That any other conditions shown to be unsatisfactory by the ex- aminer's report be corrected ... lawful money with the Treasurer of the United States . The reduction of capital becomes operative upon issuance of ...
Page 49
... Lawful money to provide for the redemption of circulation must be deposited with the Treasurer of the United States ... legal way may be deemed advisable . It is usual , however , for the shareholders to appoint a liquidating agent ...
... Lawful money to provide for the redemption of circulation must be deposited with the Treasurer of the United States ... legal way may be deemed advisable . It is usual , however , for the shareholders to appoint a liquidating agent ...
Page 52
... cash in addition to the transfer of as- sets , to equalize the value of the capital stock , it is necessary to ... lawful money to retire outstanding surplus circulation , provid- ing the usual technicalities are complied with . If ...
... cash in addition to the transfer of as- sets , to equalize the value of the capital stock , it is necessary to ... lawful money to retire outstanding surplus circulation , provid- ing the usual technicalities are complied with . If ...
Page 53
... cash . Hence , in the case under discussion , the right of the con- tinuing bank to accept stock or assets ... lawful money for its outstanding circulation , providing transfer of the securing bonds is properly authorized , and ...
... cash . Hence , in the case under discussion , the right of the con- tinuing bank to accept stock or assets ... lawful money for its outstanding circulation , providing transfer of the securing bonds is properly authorized , and ...
Page 60
... lawful for a national bank to loan money on real estate . The Reserve Act , however , provided that any national bank not situated in a central reserve city ( i.e. , New York , Chicago , or St. Louis ) could make loans secured by ...
... lawful for a national bank to loan money on real estate . The Reserve Act , however , provided that any national bank not situated in a central reserve city ( i.e. , New York , Chicago , or St. Louis ) could make loans secured by ...
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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