Manual ...: Original Charter, the Banking Law Relating to Savings Banks, By-laws, Rules and Regulations, Annual Statements, Etc

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Page 156 - When any deposit shall be made by any person in trust for another, and no other or further notice of the existence and terms of a legal and valid trust shall have been given in writing to the...
Page 94 - ... has not defaulted in the payment of any part of either principal or interest of any funded debt authorized to be contracted by it, and...
Page 134 - No investment in any bond and mortgage shall be made by any savings bank except upon the report of a committee of its trustees charged with the duty of investigating the same, who shall certify to the value of the premises mortgaged or to be mortgaged, according to their best judgment, and such report shall be filed and preserved among the records of the corporation.
Page 123 - AN ACT to amend chapter four hundred and ten of the laws of eighteen hundred and eighty-two, entitled " An Act to consolidate into one act and to declare the special and local laws affecting public interests in the City of New York.
Page 113 - ... dollars for every day it shall so neglect, to be sued for and recovered in the name of the people by the district attorney of the county in which the business of such corporation shall be located; and when so recovered, the amount shall be paid into the treasury of such county for the use thereof.
Page 102 - ... shall be declared and credited in excess of the interest or profits earned and appearing to the credit of the corporation, the trustees voting for such dividend shall be jointly and severally liable to the corporation for the amount of such excess so declared and credited.
Page 156 - Drafts may be made personally or by the order, in writing, of the depositor, if the bank have the signature of the party on their signature book, or by letters of attorney duly authenticated; but no person shall have the right to demand any part of the principal or interest without producing the pass-book, that such payments may be entered therein.
Page 95 - York, organized under any law or laws of this State, or of the United States, or with any trust company incorporated by any law of this State...
Page 108 - ... department, no charge shall be made except for necessary traveling and other actual expenses. The result of any such examination shall be certified by the examiners, or one of them, upon the records of the corporation examined, and the...
Page 101 - ... their depositors according to the character, amount and duration of their dealings with the corporation, and regulate the interest or dividends...

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