The Office of the Comptroller of the Currency: Its History, Activities and OrganizationJohn Hopkins Press, 1926 - 84 pages |
Other editions - View all
Common terms and phrases
13 Stat 2d sess 35 Stat 42 Stat Agricultural Credit Corporations Agricultural Credits Act amended amount annual report appointed approval articles of association assistant examiners authorized bills of exchange capital stock charter Chief Examiner Examiner Chief National Bank circulating notes Comp condition Cong Congress consolidated deposit discount District of Columbia duties employees expenses Federal Intermediate Credit Federal Reserve Act Federal Reserve bank Federal Reserve Board Federal Reserve District Federal Reserve notes Federal Reserve system fifty-two hundred filed fiscal Insolvency Intermediate Credit Bank John Jay Knox Junior Administrative Assistant Junior Clerk loans monographs National Agricultural Credit National Bank Act National Bank Examiner National bank notes National Banking system national government office of Comptroller organization certificate paid personnel prescribed printing received rediscount rency Reserve bank notes Revised Statutes salaries Secretary secured Serial share capital shareholders Stenographer supervision tion Treasury Department troller trust companies United
Popular passages
Page 61 - 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...
Page v - THE INSTITUTE FOR GOVERNMENT RESEARCH STUDIES IN ADMINISTRATION. The System of Financial Administration of Great Britain. By WF Willoughby, WW Willoughby, and SM Lindsay. 378 pp.
Page 49 - Under this head would appear the specific lines of investigation under way and the services in which they were being prosecuted. It is hardly necessary to point out the value of such information in planning for future work and in considering the problem of the better distribution and coordination of the work of the government. The Institute contemplates attempting such a general listing and classification of the activities of the government upon the completion of the present series. CLASSIFICATION...
Page 60 - The amount of its capital stock and the number of shares into which the same shall be divided.
Page 49 - ... work performed by the service to which they relate. Secondly, they lay the basis for a system of accounting and reporting that will permit the showing of total expenditures classified according to activities. Finally, taken collectively, they make possible the preparation of a general or consolidated statement of the activities of the government as a whole. Such a statement will reveal in detail, not only what the government is doing, but the services in which the work is being performed. For...
Page 40 - They permit the directing personnel to see at a glance the organization and personnel at their disposition. They establish definitely the line of administrative authority and enable each employee to know his place in the system. They furnish the essential basis for making plans for determining costs by organization division and subdivision. They afford the data for a consideration of the problem of classifying and standardizing personnel and compensation. Collectively, they make it possible to determine...
Page 57 - Nothing but money shall be considered as payment of any part of the capital stock of any corporation organized under this act, except as hereinafter provided in case of the purchase of property...
Page 62 - Such as shall be conveyed to it in satisfaction of debts previously contracted in. the course of its dealings.
Page 70 - Congress has adopted no uniform plan of appropriation for the several services and that the latter employ no uniform plan in respect to the recording and reporting of their receipts and expenditures, it is impossible to present data of this character according to any standard scheme of presentation. In the case of some services the administrative reports contain tables showing financial conditions and operations of the service in considerable detail; in others financial data are almost wholly lacking.
Page 61 - Federal reserve bank shall transact any business except such as is incidental and necessarily preliminary to its organization until it has been authorized by the Comptroller of the Currency to commence business under the provisions of this Act.