The Merchants' Magazine and Commercial Review, Volume 511864 |
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Page 30
... authorize individuals to enter into it ; nor do they grant any authority to interfere with banking under State law . They have nothing to do with banking , but everything to do with currency making ; because currency making interferes ...
... authorize individuals to enter into it ; nor do they grant any authority to interfere with banking under State law . They have nothing to do with banking , but everything to do with currency making ; because currency making interferes ...
Page 31
... authorize corporate banking to any extent they please ; but no constitutional power remains with them to authorize the creation of currency in any form whatever ; and there is no more reason why bankers should issue fictitious credits ...
... authorize corporate banking to any extent they please ; but no constitutional power remains with them to authorize the creation of currency in any form whatever ; and there is no more reason why bankers should issue fictitious credits ...
Page 41
... authorized by the As sociated Banks to make the inquiries above proposed , but they are of opinion , that if assented to by you , a large sum would be immediately deposited in the Treasury by the Banks of this City , which would ...
... authorized by the As sociated Banks to make the inquiries above proposed , but they are of opinion , that if assented to by you , a large sum would be immediately deposited in the Treasury by the Banks of this City , which would ...
Page 64
... authorize a loan , to regulate and fix the duties on imports , and for other purposes , approved March two , eighteen hundred and sixty - one , as exempts from duty all philosophical apparatus and instruments imported for the use of any ...
... authorize a loan , to regulate and fix the duties on imports , and for other purposes , approved March two , eighteen hundred and sixty - one , as exempts from duty all philosophical apparatus and instruments imported for the use of any ...
Page 68
... authorized in writing ; but no officer , clerk , teller , or book - keeper of such association shall act as proxy ; and no shareholder whose liability is past due and unpaid shall be allowed to vote . SEC . 12. And be it further enacted ...
... authorized in writing ; but no officer , clerk , teller , or book - keeper of such association shall act as proxy ; and no shareholder whose liability is past due and unpaid shall be allowed to vote . SEC . 12. And be it further enacted ...
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Common terms and phrases
50 cents addition thereto amount annual association Bank of England Bank of France bills bonds British America capital cent No tax cent stamp cents per pound cents per square centum ad valorem certificate CHASE circulating notes COMMERCIAL common carrier companies Comptroller Congress cotton currency debt deposits duty England exceed exceeding exports feet fifty cents foreign Fort Abercrombie Fort Garry France Fund further enacted gallon gold hundred imported increase interest iron Island issued July June Kilauea Lake Winnipeg land legal tender less liable license tax loan Lower Canada manufactures ment merchandise miles National Banks organization certificate otherwise provided paid passengers payment person port production provinces receipts received River Secretary ship six per cent specie square yard thereof tion tons Total trade United United States notes usury valuation vessel York
Popular passages
Page 67 - To exercise by its board of directors or duly authorized officers or agents, subject to law, all such incidental powers as shall be necessary to carry on the business of banking; by discounting and negotiating promissory notes, drafts, bills of exchange, and other evidences of debt; by receiving deposits; by buying and selling exchange, coin, and bullion; by loaning money on personal security; and by obtaining, issuing, and circulating notes according to the provisions of this title.
Page 75 - ... 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 83 - ... after the commission of an act of insolvency, or in contemplation thereof, made with a view to prevent the application of its assets in the manner prescribed by this chapter, or with a view to the preference of one creditor to another, except in payment of its circulating notes, shall be utterly null and void...
Page 72 - States, except duties on imports ; and also for all salaries and other debts and demands owing by the United States to individuals, corporations, and associations •within the United States, except interest on the public debt, and in redemption of the national currency.
Page 68 - ... 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 65 - 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 75 - ... shall at all times have on hand, in lawful money of the United States, an amount equal to at least fifteen per centum of the aggregate amount of its notes in circulation, and of its deposits.
Page 66 - ... into articles of association, which shall specify in general terms the object for which the association is formed, and may contain any other provisions, not inconsistent with...
Page 80 - ... organization certificate may be executed by a majority of the directors of the bank or banking institution...
Page 81 - States bonds and otherwise, for the safekeeping and prompt payment of the public money deposited with them, and for the faithful performance of their duties as financial agents of the government...