National Banking Under the Federal Reserve SystemNational city bank of New York, 1921 - 152 pages |
From inside the book
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Page 29
... bank auto- matically becomes a member of the Federal Reserve System , and is required to subscribe to stock in the Federal Reserve Bank of its district to an amount equal to 6 % of the paid - up capital stock and surplus of the national ...
... bank auto- matically becomes a member of the Federal Reserve System , and is required to subscribe to stock in the Federal Reserve Bank of its district to an amount equal to 6 % of the paid - up capital stock and surplus of the national ...
Page 30
First National City Bank of New York. of member banks ; the remaining 3 % remains subject to future call . When a national bank is organized , it should promptly apply for stock in the Federal Reserve Bank of its district , but pay- ment ...
First National City Bank of New York. of member banks ; the remaining 3 % remains subject to future call . When a national bank is organized , it should promptly apply for stock in the Federal Reserve Bank of its district , but pay- ment ...
Page 32
First National City Bank of New York. TYPICAL ARTICLES OF ASSOCIATION FOR the purpose of organizing an association to carry on the business of banking ... member of the board of directors , and who shall be authorized , in the absence or ...
First National City Bank of New York. TYPICAL ARTICLES OF ASSOCIATION FOR the purpose of organizing an association to carry on the business of banking ... member of the board of directors , and who shall be authorized , in the absence or ...
Page 34
... banking house of the bank for the purpose of organizing the new board . If at the time fixed for the meeting of the directors elect there is not a quorum in attendance , the members present may adjourn from time to time until a quorum ...
... banking house of the bank for the purpose of organizing the new board . If at the time fixed for the meeting of the directors elect there is not a quorum in attendance , the members present may adjourn from time to time until a quorum ...
Page 37
... members , exclusive of the president and cashier , whose duty it shall be to examine every six months the affairs of this bank , count its cash , and compare its assets and liabilities with the accounts of the general ledger , ascertain ...
... members , exclusive of the president and cashier , whose duty it shall be to examine every six months the affairs of this bank , count its cash , and compare its assets and liabilities with the accounts of the general ledger , ascertain ...
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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