Consolidation of National Banking AssociationsU.S. Government Printing Office, 1926 - 372 páginas |
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Página 19
... fact that the majority of the public are now dealing with State banks and the national banks are finding it extremely difficult , if not impossible , to hold their business in the face of State bank competition , it did not appear wise ...
... fact that the majority of the public are now dealing with State banks and the national banks are finding it extremely difficult , if not impossible , to hold their business in the face of State bank competition , it did not appear wise ...
Página 20
... fact that various Comptrollers of the Currency have repeatedly recom- mended these provisions ; that they have been submitted to a careful investigation by committees of the American Bankers ' Association , the Investment Bankers ...
... fact that various Comptrollers of the Currency have repeatedly recom- mended these provisions ; that they have been submitted to a careful investigation by committees of the American Bankers ' Association , the Investment Bankers ...
Página 21
... fact that these attacks are emanating from sources from which we have been wont to look for a scientific and detached discussion of banking legislation . With the permission of the committee , I shall refer briefly and specifically to ...
... fact that these attacks are emanating from sources from which we have been wont to look for a scientific and detached discussion of banking legislation . With the permission of the committee , I shall refer briefly and specifically to ...
Página 24
... fact that there was duplication ; at the hearings there was a very voluminous lot of data and much duplication prevailed , and the committee has not as yet seen fit to publish the hearings because of the expense involved . Senator GLASS ...
... fact that there was duplication ; at the hearings there was a very voluminous lot of data and much duplication prevailed , and the committee has not as yet seen fit to publish the hearings because of the expense involved . Senator GLASS ...
Página 25
... facts in order that we may know just how much importance to attach to maneuvers of this kind . Mr. MCFADDEN . Well ... fact that they felt that they could not continue with that kind of competition by State banks . The CHAIRMAN . How ...
... facts in order that we may know just how much importance to attach to maneuvers of this kind . Mr. MCFADDEN . Well ... fact that they felt that they could not continue with that kind of competition by State banks . The CHAIRMAN . How ...
Termos e frases comuns
amended American Bankers American Bankers Association applying bank approval assets Average resources bank failures Bank of Italy banks and date banks and trust branch banking system capital and surplus capital stock cent centum CHAIRMAN charter committee Comptroller conditions of membership Congress consolidation corporation Currency Doctor WILLIS DRUM establish branches existing failed banks failed member failed nonmember failed State banks Federal reserve act Federal reserve bank Federal Reserve Board Federal reserve system FITZGERALD HINSCH institution legislation liabilities limits loans MACDONNELL McFadden bill member banks member State banks Names of failed national bank act national banking association national banking system nonmember State banks North Dakota number of banks operation organized powers prescribe provisions question regulations resources of failed Revised Statutes Savings Bank section 9 Senator EDGE Senator GLASS small banks state-wide branch banking statement thereof tion total number trust companies unit banks WHIPPLE
Passagens mais conhecidas
Página 10 - 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 158 - ... not exceeding one year, or fined not more than $5,000, or both, and may be fined a further sum equal to the money so loaned or gratuity given.
Página 154 - Fifth. To elect or appoint directors, and by its board of directors to appoint a president, vice-president, cashier, and other officers, define their duties, require bonds of them and fix the penalty thereof, dismiss such officers or any of them at pleasure, and appoint others to fill their places.
Página 159 - Any such association may continue hereafter as heretofore to receive time and savings deposits and to pay interest on the same, but the rate of interest which such association may pay upon such time deposits or upon savings or other deposits shall not exceed the maximum rate authorized by law to be paid upon such deposits by State banks or trust companies organized under the laws of the State in which such association is located.
Página 10 - Federal reserve bank shall transact any business except such as is incidental and necessarily preliminary to its organization until it has been authorized by the Comptroller of the Currency to commence business under the provisions of this Act.
Página 2 - The total obligations to any national banking association of any person, copartnership, association, or corporation shall at no time exceed 10 per centum of the amount of the capital stock of such association actually paid in and unimpaired and 10 per centum of its unimpaired surplus fund. The term 'obligations...
Página 10 - Seventh. To exercise by its board of directors, or duly authorized officers or agents, all powers specifically granted by the provisions of this Act and such incidental, powers as shall be necessary to carry on the business of banking within the limitations prescribed by this Act.
Página 49 - The total liabilities to any association, of any person, or of any company, corporation, or firm for money borrowed, including in the liabilities of a company or firm the liabilities of the several members thereof, shall at no time exceed onetenth part of the amount of the capital stock of such association actually paid in.
Página 157 - ... association is established, or if there is no 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 1 - Be it enacted by the Senate and House of Representatives of the United States oj America in Congress assembled, That the act entitled "An act to provide for the consolidation of national banking associations...