A Practical Treatise on the Business of Banking and Commercial CreditsThe author, 1892 - 432 pages |
Other editions - View all
A Practical Treatise on the Business of Banking and Commercial Credits John B Duryea No preview available - 2016 |
A Practical Treatise on the Business of Banking and Commercial Credits John B. Duryea No preview available - 2016 |
Common terms and phrases
advertising agent amount authority balance bank's banker banking association bills bonds bookkeeper Branch Bank capital stock cash cashier cent certificate of deposit certified check charge Childs & Co circulating notes Clearing-house coin collection Comptroller corporation counterfeit creditor currency customers dealer debt debtor demand depositor dividend dollars draft drawer drawn duty examination exchange fact failure favors fraud funds give gold holder honesty indorsement insolvent interest issued lawful money liable loans loss manager matter ment mercantile agencies Mercantile Report merchant method National Bank Act national bank notes notice organization certificate package paid paper pass book payable payee paying teller payment person present president profit proper protest real estate reason received redeemed redemption refuse regarding rule sell settling clerk shareholders signature silver success ticket tion trade transaction Treasurer trust United States notes usually
Popular passages
Page 63 - State, subject only to the two restrictions, that the taxation shall not be at a greater rate than is assessed upon other moneyed capital in the hands of individual citizens of such State...
Page 61 - 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 56 - ... issues or puts forth any certificate of deposit, draws any order or bill of exchange, makes any acceptance, assigns any note, bond, draft', bill of exchange, mortgage, judgment, or decree; or who makes any false entry in any book, report...
Page 54 - That all national banking associations established under the laws of the United States shall, for the purposes of all actions by or against them, real, personal, or mixed, and all suits in equity, be deemed citizens of the states in which they are respectively located...
Page 55 - Every president, director, cashier, teller, clerk, or agent of any association who embezzles, abstracts, or willfully misapplies any of the moneys, funds, or credits of the association, or who, without authority from the directors, issues or puts in circulation any of the...
Page 62 - Each such report shall exhibit, in detail and under appropriate heads, the resources and liabilities of the association at the close of business on any past day by him specified; and shall be transmitted to the comptroller within five days after the receipt of a request or requisition therefor from him...
Page 43 - Federal reserve bank making such deposit in the manner provided by existing law, shall be entitled to receive from the Comptroller of the Currency circulating notes in blank, registered and countersigned as provided by law, equal in amount to the par value of the bonds so deposited.
Page 54 - And the purchase, discount, or sale of a bona fide bill of exchange, payable at another place than the place of such purchase, discount, or sale, at not more than the current rate of exchange for sight drafts, in addition to the interest, shall not be considered as taking or receiving a greater rate of interest.
Page 36 - All debts due to any association, on which interest is past due and unpaid for a period of six months, unless the same are well secured, and in process of collection, shall be considered bad debts within the meaning of this section.
Page 45 - Albany, Baltimore, Boston, Cincinnati, Chicago, Cleveland, Detroit, Louisville, Milwaukee, New Orleans, New York, Philadelphia, Pittsburgh, Saint Louis, San Francisco, and Washington,' shall at all times have on hand, in lawful money of the United States, an amount equal to at least twenty-five per centum of the aggregate amount of its notes in circulation and its deposits...