The National Currency Act, with Amendments: And the Laws Relating to Taxation of National Banks, 1864-'72 |
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Common terms and phrases
act to provide aforesaid agent amend America in Congress amount appointed Approved assessor asso authorized banking association bills bonds deposited capital stock cashier cause cent centum certificate change its location circulating notes collected Comptroller Congress assembled corporate court debt default deposit determine direct directors discount dividends dollars duty effect eighteen hundred election examine exchange execute five further enacted held hereby hold House of Representatives increase interest internal issued July lawful money less liabilities liquidation loan manner March months National Bank national currency newspaper notice oath organized paid payment penalty person pledge powers prescribed president proceedings profits protest published receive redeem redemption reduce reserve seal Secretary Senate Senate and House shareholders shares specified surplus thereof thousand dollars tion transfer Treasurer United States bonds York
Popular passages
Page 40 - associations organized or to be organized in those States and Territories having less than their proportion under the apportionment contemplated by the provisions of the "Act to amend 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 5 - act to declare the construction of section fiftyfive of an act entitled " An act to provide a national currency secured by a pledge of United States bonds, and to provide for the circulation and redemption thereof," approved June three, eighteen hundred and sixty-four, and the acts amendatory thereof, and to amend the same.
Page 9 - 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; by obtaining, issuing, and circulating notes according to the provisions of this act ; and its board of directors shall also have power to define and regulate by Bylaws.
Page 36 - as a part of the reserve provided for in sections thirty-one and thirty-two of the act entitled "An act to provide a national currency, secured by a pledge of United States bonds, and to provide for the circulation and redemption thereof," approved June three, eighteen hundred and sixty
Page 37 - subject to the restriction that the taxation shall not be at a greater rate than is assessed upon any other moneyed capital in the hands of individual citizens of such State : And provided always, That the shares of any national bank owned by non-residents of any State shall be taxed in the
Page 26 - Comptroller, shall take possession of the books, records, and assets of every description of such association, collect all debts, dues, and claims belonging to such association, and, upon the order of a court of record of competent jurisdiction, may sell or compound all bad or doubtful debts, and,
Page 15 - of taxes, excises, public lands, and all other dues to the United States, except for 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
Page 29 - be had in any circuit, district, or territorial court of the United States held within the district in which such association may be established ; or in any State, county, or municipal court in the county or city in which said association is located, having jurisdiction in similar cases:
Page 5 - An act to provide a national currency secured by a pledge of United States bonds, and to provide for the circulation and redemption thereof," approved June third, eighteen hundred and sixty-four, by extending certain penalties to accessories.
Page 18 - be it further enacted, That the total liabilities to any association, of any person, or of any company, corporation, or firm, for money borrowed, inclnding in the liabilities of a company or firm the liabilities of the several members thereof, shall at no time exceed one-tenth part of the amount of the