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" ... 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. "
The Merchants' Magazine and Commercial Review - Page 75
1864
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Laws of the State of New York, Volume 1

New York (State) - 1908 - 1132 pages
...hereby amended to read as follows : § 67. Lawful money reserve — Every bank or individual banker shall at all times have on hand in lawful money of the United States, gold certificates, silver certificates, or notes or bills issued by any lawfully organized national...
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United States Reports: Cases Adjudged in the Supreme Court at ..., Volume 439

United States. Supreme Court, John Chandler Bancroft Davis, Henry Putzel, Henry C. Lind, Frank D. Wagner - 1980 - 1224 pages
...amendment to the provision of § 31 which required every national bank located in the enumerated cities to "have on hand, in lawful money of the United States,...amount of its notes in circulation and its deposits." 13 Stat. 108. The amendment read: MARQUETTE NAT. BANK v. FIRST OF OMAHA CORP. 317 299 Opinion of the...
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Corn, Cotton and Currency

Amasa Walker - 1857 - 482 pages
...of the bill, which I shall notice. It is that by which it is proposed that " every such association shall, at all times, have on hand, in lawful money...twenty-five per centum of the aggregate amount of its outstanding notes of circulation and deposits." This provision, I take it, is founded on the principle,...
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An Analytical Digest of the Laws of the United States, Volume 2

Frederick Charles Brightly - 1869 - 680 pages
...of the aggregate amount of its notes in circulation and its deposits ; and every other association 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. And whenever...
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Public Documents of Massachusetts, Issue 7, Part 1 - Issue 8, Part 1

Massachusetts - 1893 - 1064 pages
...income of the corporation. SECT. 13. Such corporations shall at all times have on hand, as a reserve, in lawful money of the United States, an amount equal to at least fifteen per centum of the aggregate amount of all its deposits which are subject to withdrawal upon...
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Acts Passed at the First Session of the 1st Congress - 3d Session of the ...

United States - 1863 - 324 pages
...county adjoining. SEC. 41. And be it further enacted, That every such associaof money on hand, tion shall at all times have on hand, in lawful money of...least twenty-five per centum of the aggregate amount ot its outstanding notes of circulation and ita when not to deposits ; and whenever the amount of its...
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Journal: 1st-13th Congress . Repr. 14th Congress, 1st Session ..., Volume 1

United States. Congress. House - 1863 - 1180 pages
...of the aggregate amount of its notes in circulation and its deposits ; and every other association 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. And whenever...
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The Merchants' Magazine and Commercial Review, Volume 48

William B. Dana - 1863 - 508 pages
...newspaper in the county adjoining. SEC. 41. And be it further enacted, That every such association shall at all times have on hand, in lawful money of the United Stutes. an amount equal to at least twenty-five per centum of the aggregate amount of its outstanding...
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An Analytical Digest of the Laws of the United States from the Commencement ...

Frederick Charles Brightly - 1863 - 438 pages
...newspaper in the county adjoining. IX. BANKING BUSINESS. 25 IV). 1863J41. 44. Every such association shall at all times have on hand in lawful money of the "_1_1_!.'' United States, an amount equal to at least twenty-five per centum of the aggregate wimt...
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The American Annual Cyclopædia and Register of Important Events ...

1864 - 878 pages
...newspaper in the county adjoining. SEC. 41. And be и further enacted, That every such association shall at all times have on hand, in lawful money of...twenty-five per centum of the aggregate amount of its outstanding notes of circulation and its deposits, and whenever the amount of its out« tending notes...
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