Notice of Change in Control of Management of Insured Banks: Hearing, Eighty-eighth Congress, Second Session, on H.R. 12267 ... and H.R. 12268 ... August 12, 1964U.S. Government Printing Office, 1964 - 69 páginas |
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Página 4
... going to ask to be excused in about 10 minutes because a bill of mine is coming up for hearing before another committee and I am going to have to leave . The CHAIRMAN . If we were to vote - if we were to notify you about the time we ...
... going to ask to be excused in about 10 minutes because a bill of mine is coming up for hearing before another committee and I am going to have to leave . The CHAIRMAN . If we were to vote - if we were to notify you about the time we ...
Página 6
... going into more detail regarding our last seven bank failures . In 1955 a young man with only a high school education and no experience in banking put on a better demonstration of how to buy a bank with its own money and wreck it than ...
... going into more detail regarding our last seven bank failures . In 1955 a young man with only a high school education and no experience in banking put on a better demonstration of how to buy a bank with its own money and wreck it than ...
Página 30
... going concern they could certainly overcome $ 350 million out of $ 380 million . Mr. BARR . That is a very good question . In these early days , I dont think many banks were actually broke ; not many businesses were broke in the long ...
... going concern they could certainly overcome $ 350 million out of $ 380 million . Mr. BARR . That is a very good question . In these early days , I dont think many banks were actually broke ; not many businesses were broke in the long ...
Página 31
... going into the more lucrative long - term market ; is that correct ? Mr. BARR . Yes , sir . The CHAIRMAN . Are any of the banks approaching distress or in danger ? Mr. BARR . In four out of the five cases this year this was the pattern ...
... going into the more lucrative long - term market ; is that correct ? Mr. BARR . Yes , sir . The CHAIRMAN . Are any of the banks approaching distress or in danger ? Mr. BARR . In four out of the five cases this year this was the pattern ...
Página 36
... going down . We were not notified and we get no notices from the Comptroller of the Currency in spite of the fact that the law specifies that we shall have access to his reports of examina- tion . We do not have this access and we have ...
... going down . We were not notified and we get no notices from the Comptroller of the Currency in spite of the fact that the law specifies that we shall have access to his reports of examina- tion . We do not have this access and we have ...
Términos y frases comunes
American Bankers Association appropriate Federal banking ASHLEY Bank of Minden bank regulation bank's BARR bill CAMP CHAIRMAN change in control change of ownership chief executive officer committee Comptroller CONGRESS THE LIBRARY control of management creditors includes depositors deposit accounts paid Deposit Insurance Corporation depositors with balances deposits and preferred Earlsboro Ellenville Estimated additional expenses estimated gross loss Estimated gross recovery Estimated loss FDIC nonrecoverable insurance Federal banking agency Federal Deposit Insurance Federal Reserve System Included in number insured bank Less estimated gross LIBRARY OF CONGRESS loss as receiver loss by FDIC loss to common management of insured Minden City national banks nonrecoverable insurance expense notice of change number of insured owners paid by FDIC Paid by receiver paid on proven proved common claims provide for notice Receivership charges recovery by FDIC REUSS role of deposit ST GERMAIN subrogee of insured Total Unpaid proved common VANIK Westmont WRIGHT PATMAN
Pasajes populares
Página 39 - ... newspaper in the place, then in the one published nearest thereto in the same county, at the expense of the association, and such proof of publication shall be furnished as may be required by the Comptroller.
Página 39 - Comptroller shall be published in a newspaper published in the place where such association is established...
Página 39 - Board may prescribe, shall be verified by the oath or affirmation of the president or such other officer as may be designated by the board of directors of such affiliate to verify such reports...
Página 39 - ... for additional reports with respect to any such affiliate whenever in his judgment the same are necessary in order to obtain a full and complete knowledge of the conditions of the association with which it is affiliated. Such additional reports shall be transmitted to the Comptroller of the Currency in such form as he may prescribe. Any such affiliated bank which fails to obtain and furnish any report required under this section shall be subject to a penalty of $100 for each day during which...
Página 39 - ... according to the form which may be prescribed by him, verified by the oath or affirmation of the president or cashier of such association, and attested by the signature of at least three of the directors.
Página 34 - ... may hereafter be, coined at the mints of the United States, or any foreign gold or silver coins which are by law made current or are in actual use or circulation as money within the United States...
Página 5 - Control" (including the terms "controlling", "controlled by", and "under common control with") means the possession, directly or indirectly, of the power to direct or cause the direction of the management and policies of a...
Página 39 - Every association shall make to the Comptroller reports of the payment of dividends, including advance reports of dividends proposed to be declared or paid in such cases and under such conditions as the Comptroller deems necessary to carry out the purposes of the laws relating to national banking associations in such form and at such times as he may require.
Página 1 - Whenever a change occurs in the outstanding voting stock of any insured bank which will result in control or in a change in the control of the bank, the president or other chief executive officer of such bank shall promptly report such facts to the appropriate Federal banking agency upon obtaining knowledge of such change. As used in this subsection, the term 'control...
Página 2 - As used in this subsection, the term "control" means the power to directly or indirectly direct or cause the direction of the management or policies of the bank. A change in ownership...