The General Banking Laws of the State of New York: Including the Banking Law, the Statutory Construction Law, the General Corporation Law and the Stock Corporation Law, Being the Laws Relating to Banks, Bankers, Trust Companies and Building and Mutual Loan, Co-operative Loan and Safe Deposit Corporations, as Revised by the Commissioners of Statutory Revision and Enacted by the Legislatures of 1890 and 1892J.B. Lyon, pub., 1892 - 275 pages |
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Common terms and phrases
action agent amended amount application appointed assessment attorney-general authorized bank or banker bank or individual banking association banking department bills of exchange board of directors bonds business of banking by-laws capital stock certificate of incorporation chapter circulating notes clerk corporation or individual county clerk creditors deemed deposit depositors dividends duly duties evidence of debt filed Former section funds held hereafter holders hundred individual banker insolvent interest issued judgment liability loan located manner meeting ment mortgage non-stock corporation notary public notice number of shares oath organization certificate paid payable payment person place of business poration powers prescribed proceedings promissory notes provisions purpose real property receiver redemption savings bank securities shares of stock specified statute stock corporation law stockholders superin superintendent of banks taxes tendent term therein thereto thousand dollars tion transaction transfer trust company trustees vote
Popular passages
Page 193 - The taking, receiving, reserving, or charging a rate of interest greater than is allowed by the preceding section, when knowingly done, shall be deemed a forfeiture of the entire interest which the note, bill, or other evidence of debt carries with it, or which has been agreed to be paid thereon.
Page 152 - The act of a majority of the Directors present at a meeting at which a quorum is present shall be the act of the Board of Directors unless the act of a greater number is required by law or by these By-Laws.
Page 35 - Such as shall be conveyed to it in satisfaction of debts previously contracted in the course of its dealings.
Page 34 - Seventh. To exercise by its board of directors, or duly authorized officers or agents, all powers specifically granted by the provisions of this Act and such incidental powers as shall be necessary to carry on the business of banking within the limitations prescribed by this Act.
Page 40 - The shareholders of every national banking association shall be held individually responsible, equally and ratably, and not one for another, for all contracts, debts and engagements of such association, to the extent of the amount of their stock therein, at the par value thereof, in addition to the amount invested in such shares...
Page 124 - Laws repealed. - Of the laws enumerated in the schedule hereto annexed, that portion specified in the last column is repealed.
Page 93 - The amount of its capital stock, and the number of shares into which the same shall be divided.
Page 173 - ... intent to provide the means of making such payment ; or 4. To receive or discount any note or other evidence of debt with intent to enable any stockholder to withdraw any part of the money paid in by him on his stock ; or 5.
Page 21 - ... shall forfeit to the people of the state the sum of one hundred dollars for each refusal and answer untruthfully given, to be sued for and recovered by the commissioner in his name of office.
Page 231 - ... with intent to defraud, omits to make, or to cause or direct to be made, a full and true entry thereof in the books...