A Treatise on the Law Relating to Banks and Banking: With an Appendix Containing the National Banking Act of June 3, 1864, and Amendments TheretoLittle, Brown, 1870 - 542 páginas |
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Página ii
... Act of Congress , in the year 1870 , by JOHN T. MORSE , Jr. , in the Clerk's Office of the District Court of the District of Massachusetts . CAMBRIDGE : PRESS OF JOHN WILSON AND SON . TO THE HON . JOHN LOWELL , JUDGE OF THE.
... Act of Congress , in the year 1870 , by JOHN T. MORSE , Jr. , in the Clerk's Office of the District Court of the District of Massachusetts . CAMBRIDGE : PRESS OF JOHN WILSON AND SON . TO THE HON . JOHN LOWELL , JUDGE OF THE.
Página 7
... court of justice would declare it illegal . But the necessity of discussing the question of the abstract legality of ... courts seem generally to have been in- 1 Thomaston Bank v . Stimpson , 21 Me . 195 . 406 . 2 Metropolitan Bank v ...
... court of justice would declare it illegal . But the necessity of discussing the question of the abstract legality of ... courts seem generally to have been in- 1 Thomaston Bank v . Stimpson , 21 Me . 195 . 406 . 2 Metropolitan Bank v ...
Página 8
... court will apply to a great num- ber of similar clauses in other incorporating acts , in which language essentially identical with this is of frequent occur- rence . It was declared that the right to commute debts for lands was general ...
... court will apply to a great num- ber of similar clauses in other incorporating acts , in which language essentially identical with this is of frequent occur- rence . It was declared that the right to commute debts for lands was general ...
Página 14
... court is authorized to say that a valid written contract may be made in a different form , " may express a more ... courts are unwilling to adopt the subtlety of Judge Comstock for the purpose of evading their meaning , the further ...
... court is authorized to say that a valid written contract may be made in a different form , " may express a more ... courts are unwilling to adopt the subtlety of Judge Comstock for the purpose of evading their meaning , the further ...
Página 19
... court reverse this conclusion , and declare that reservation is quite a different thing from a taking , and may entail entirely different results in its effect upon the contract . If the statute enacts that " reserving " shall avoid the ...
... court reverse this conclusion , and declare that reservation is quite a different thing from a taking , and may entail entirely different results in its effect upon the contract . If the statute enacts that " reserving " shall avoid the ...
Términos y frases comunes
acceptance agent American Exchange Bank amount association authority Bank of Alexandria Bank of Columbia Bank of United Bankers and Banking Barb bill of exchange bind the bank bona fide bond Branch Bank cashier certificate charter circulating notes cited collection comptroller contract corporation County Bank court creditors currency debt decision declared default demand deposit deposit account depositor directors discount doctrine drawer duty effect evidence fact Farmers funds further enacted Grant on Bankers held holder indebtedness indorsement issued knowledge liability lien loan matter ment National Bank National Banking Act notice obligation officer ordinary organization certificate paid paper party payable payee payment Penn person plaintiff presentment president principle promissory note properly question reason received refusal regarded render right of action rule shareholders simply statute sufficient suit supra sureties teller tion transaction transfer Union Bank United usage Utica valid Wend
Pasajes populares
Página 496 - Seventh. To exercise by its board of directors, or duly authorized officers or agents, subject to law, all such incidental powers as shall be necessary to carry on the business of banking; by discounting and 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; and by obtaining, issuing and circulating notes according to the provisions of this Title.
Página 510 - No national banking association shall at any time be indebted, or in any way liable, to an amount exceeding the amount of its capital stock at such time actually paid in and remaining undiminished by losses or otherwise, except on account of demands of the nature following: "First.
Página 514 - All national banking associations, designated for that purpose by the Secretary of the Treasury, shall be depositaries of public money, except receipts from customs, under such regulations as may be prescribed by the Secretary; and they may also be employed as financial agents of the government; and they shall perform all such reasonable duties as depositaries of public moneys and financial agents of the government, as may be required of them.
Página 105 - ... made after the commission of an act of insolvency, or in contemplation thereof, made with a view to prevent the application of its assets in the manner prescribed by this chapter, or with a view to the preference of one creditor to another, except in payment of its circulating notes, shall be utterly null and void...
Página 526 - An act to provide a national currency secured by a pledge of United States bonds, and to provide for the circulation and redemption thereof...
Página 522 - ... shall be liable in like manner, and to the same extent as the testator or intestate. or the ward or person interested in such trust fund would have been, if he had been living and competent to act, and held the same stock in his own name.
Página 512 - Provided, That nothing in this act shall be construed to prevent all the shares in any of the said associations, held by any person or body corporate, from being included in the valuation of the personal property of such person or corporation in the assessment of taxes imposed by or under State authority...
Página 509 - ... on the security of the shares of its own capital stock, nor be the purchaser or holder of any such shares, unless such security or purchase shall be necessary to prevent loss upon a debt previously contracted in good faith; and stock so purchased or acquired shall, within six months from the time of its purchase, be sold or disposed of at public or private sale; or, in default thereof, a receiver may be appointed to close up the business of the association, according to section fifty-two hundred...
Página 501 - Comptroller shall examine into the condition of such association, ascertain especially the amount of money paid in on account of its capital, the name and place of residence of each of...
Página 495 - The amount of its capital stock and the number of shares into which the same shall be divided.