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" Territories thereof; but five per centum of such funds shall be withdrawn by the board of trustees and kept with the Treasurer of the United States, who shall be treasurer of the board of trustees, in lawful money as a reserve. "
Annual Report of the Commissioner of the Banking Department of the State of ... - Page xlvii
by Michigan. Banking Division - 1914
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The Tribune Almanac and Political Register

1910 - 1240 pages
...of the United States, who shall be treasurer of the board of trustees. In lawful money as a reserve. The board of trustees shall take from such banks such...safety and prompt payment of such deposits on demand. The funds received at the postal savings depository offices in each city. town, village and other locality...
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The Tribune Almanac and Political Register

1911 - 820 pages
...of the United Ststes, who shall be treasurer of the board of trustees, In lawfel money as a reserve. The board of trustees shall take from such banks such...necessary to Insure the safety and prompt payment nf such deposits on demand. The funda received at the postal savings depository offices In each city,...
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Official Opinions of the Attorneys General of the United States ..., Volume 29

United States. Department of Justice - 1911 - 702 pages
...under National or State laws, being subject to National or State supervision and examination. * * * The board of trustees shall take from such banks such...board may prescribe, approve, and deem sufficient and necessaiy to insure the safety anil prompt payment of such deposits on demand." * * * From your letter...
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Official Opinions of the Attorneys General of the United States ..., Volume 31

United States. Department of Justice - 1920 - 740 pages
...instead of merely requiring security, ie, personal obligation, it expressly requires such security to be in " public bonds or other securities supported by the taxing power." As the Kentucky court held its statute requiring security merely conferred a power on the bank to furnish...
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Republican Campaign Text Book

1910 - 300 pages
...of the United States, who shall be treasurer of the board of trustees, in lawful money as a reserve. The board of trustees shall take from such banks such...safety and prompt payment of such deposits on demand. The funds received at the postal savings depository offices in each city, town, village, and other...
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Statutes of the United States of America, Part 1

United States - 1910 - 886 pages
...who shall be treasurer of the board of trustees, in lawful money as a security from banks, reserve. The board of trustees shall take from such banks such...insure the safety and prompt payment of such deposits po£iuux;anyn °f de" on demand. The funds received at the postal savings depository offices in each...
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Republican Text-book for the Congressional Campaign, 1910

Republican Congressional Committee, 1910-1911 - 1910 - 298 pages
...of the United States, who shall be treasurer of the board of trustees, in lawful money as a reserve. The board of trustees shall take from such banks such...or other securities, supported by the taxing power, SLR the board may prescribe, approve, and deem sufficient and necessary to insure the safety and prompt...
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Regulations for the Guidance of Banks: Qualifying as Depositories of Postal ...

United States - 1911 - 20 pages
...2. Pursuant to the provisions of the statute the Board of Trustees will from time to time designate such security in public bonds or other securities, supported by the taxing power, as it may deem sufficient and necessary to insure the safety and prompt payment of deposits on demand,...
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The Abridgment ... Containing the Annual Message of the President of the ...

United States. President - 1911 - 1346 pages
...national or state banks at a rate of interest of not less than 2$ per cent, and on the security of such public bonds or other securities supported by the taxing power as the board may approve. Not exceeding 30 per cent of the total funds may be used t>y the board in the purchase of...
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The Tribune Almanac and Political Register

Horace Greeley, John Fitch Cleveland, F. J. Ottarson, Alexander Jacob Schem, Edward McPherson, Henry Eckford Rhoades - 1911 - 830 pages
...of the I'nJtfd States, who shall be treasurer of the board of trustees, In lawful money ae a retire. The board of trustees shall take from such banks such security In public bond« or other securities, supported by the taxing power, as the board may prescribe, rt^ve, and deem...
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