A Treatise on the Law of National and State Banks: Including the Clearing House and Trust Companies : with an Appendix Containing the National Bank Act as Amended, and Instructions Relative to the Organization of National Banks
J. B. Lyon Company, 1906 - 800 páginas
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accepted action agencies agent amount appear association authority banker becomes bills bind board of directors bonds branches by-laws capital stock cashier certificate charge charter City conduct contract corporation court creditors custom debt defendant defined demand deposit depositor direction discount discussing drawer drawn duty effect establish evidence exchange executed existence fact fixed follows funds give given held hold holder incorporation indorsement inherent interest issue knowledge liability limited loan loss Mass National Bank nature necessary notes notice officer operation ordinary organization owner paid party passed payment perform permitted person plaintiff position presented president principal prohibited provides purchase question reasonable receiving recover refuse responsible rule savings bank says shares statute stockholders teller tion transaction transfer trust United unless usual violation
Página 625 - ... and that the shares of any national banking association owned by non-residents of any state shall be taxed in the city or town where the bank is located, and not elsewhere. Nothing herein shall be construed to exempt the real property of associations from either state, county, or municipal taxes, to the same extent, according to its value, as other real property is taxed.
Página 625 - Nothing herein shall prevent all the shares in any association from being included in the valuation of the personal property of the owner or holder of such shares, in assessing taxes imposed by authority of the State within which the association is located...
Página 625 - State, subject only to tha two restrictions, that the taxation shall not be at a greater rate than is assessed upon other moneyed capital in the hands of individual citizens of such State...
Página 30 - Such persons shall enter into articles of association, which shall specify in general terms the object for which the association is formed, and may contain any other provisions not inconsistent with law which the association may see fit to adopt for the regulation of its business and the conduct of its affairs.
Página 648 - ... of exchange, makes any acceptance, assigns any note, bond, draft, bill of exchange, mortgage, judgment, or decree; or who makes any false entry in any book, report, or statement of the association, with intent, in either case, to injure or defraud the association...
Página 686 - Each director, when appointed or elected, shall take an oath that he will, so far as the duty devolves on him, diligently and honestly administer the affairs of such association, and will not knowingly violate, or willingly permit to be violated, any of the provisions of this Title...
Página 330 - Such as shall be conveyed to it in satisfaction of debts previously contracted in the course of its dealings.
Página 79 - The shareholders of every national banking association shall be held individually responsible, equally and ratably, and not one for another, for all contracts, debts, and engagements of such association to the extent of the amount of their stock therein, at the par value thereof, in addition to the amount invested in such shares...
Página 340 - 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...