National Banking Under the Federal Reserve SystemNational city bank of New York, 1921 - 152 pages |
From inside the book
Results 6-10 of 15
Page 50
... liquidation is being conducted , may go into court and ask for the appointment of a receiver . Although the point is not covered by the law , it has been found most advisable for the liquidating agent or committee to secure the ...
... liquidation is being conducted , may go into court and ask for the appointment of a receiver . Although the point is not covered by the law , it has been found most advisable for the liquidating agent or committee to secure the ...
Page 51
... liquidation . 2 - When one bank is placed in liquidation . ( a ) Without an increase of capital . ( b ) With an increase of capital . 3 - When both banks are placed in liquidation . 1. Neither bank liquidating - Until the passage of an ...
... liquidation . 2 - When one bank is placed in liquidation . ( a ) Without an increase of capital . ( b ) With an increase of capital . 3 - When both banks are placed in liquidation . 1. Neither bank liquidating - Until the passage of an ...
Page 52
... liquidation . If the capital stock of the absorbing bank is to be increased by an amount equal to the stock of the liquidating bank , the additional shares may be sold to the stockholders of the [ 52 ] NATIONAL BANKING UNDER THE FEDERAL ...
... liquidation . If the capital stock of the absorbing bank is to be increased by an amount equal to the stock of the liquidating bank , the additional shares may be sold to the stockholders of the [ 52 ] NATIONAL BANKING UNDER THE FEDERAL ...
Page 53
... liquidation , then organize anew under a different corporate title and the new bank acquire , in the manner outlined previously in this chapter , the assets and liabilities of the liquidating banks . This method enables the ...
... liquidation , then organize anew under a different corporate title and the new bank acquire , in the manner outlined previously in this chapter , the assets and liabilities of the liquidating banks . This method enables the ...
Page 57
... Liquidation , " pages 49-50 ; " Corporate Existence , " page 54 , etc. ) Meetings - The annual meeting to elect directors is held “ on such day in January of each year " as is specified in the Articles of Association . The law makes no ...
... Liquidation , " pages 49-50 ; " Corporate Existence , " page 54 , etc. ) Meetings - The annual meeting to elect directors is held “ on such day in January of each year " as is specified in the Articles of Association . The law makes no ...
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Common terms and phrases
acceptance aggregate amended amount application appointed articles of association assets authorized bank is located bank notes bank or trust bank's capital bills of exchange board of directors bonds capital and surplus capital stock centum circulating notes Comptroller consolidation corporation organized Currency days of grace deposits discount dividend Edge Corporation election employee exclusive of days Federal Reserve Act Federal reserve agent Federal reserve bank Federal Reserve Board Federal reserve notes Federal Reserve System foreign funds gold certificates held lawful money liabilities liquidation loans member bank National Bank Act national banking association national banking system National City Bank nonmember clearing banks notes issued number of shares officer organization certificate organization committee paid payable payment period person prescribed purchase purpose real estate receive reserve city Secretary secured shareholders stock and surplus stockholders subscribe subscription thereof tion transaction Treasury trust company unimpaired capital United vote War Finance Corporation