Consolidation of National Banking AssociationsU.S. Government Printing Office, 1926 - 372 páginas |
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Página 31
... practiced under the laws of several of the States , is altogether too much of an extension of privilege , and the question is raised seriously by those who have made a study of it as to the wisdom of continu- ing these banks , allowing ...
... practiced under the laws of several of the States , is altogether too much of an extension of privilege , and the question is raised seriously by those who have made a study of it as to the wisdom of continu- ing these banks , allowing ...
Página 35
... practice which involves making what is substantially an unsecured loan on single - name paper . A new subdivision ( c ) is added to the second exception , excluding from any limitation notes secured by not less than a like face amount ...
... practice which involves making what is substantially an unsecured loan on single - name paper . A new subdivision ( c ) is added to the second exception , excluding from any limitation notes secured by not less than a like face amount ...
Página 38
... practice in prescribing conditions of member- ship for State banks prior to their admission to the Federal reserve system . In view of these facts the board has not heretofore considered it necessary to take any formal action with ...
... practice in prescribing conditions of member- ship for State banks prior to their admission to the Federal reserve system . In view of these facts the board has not heretofore considered it necessary to take any formal action with ...
Página 40
... practices in these respects by an agreement with the Federal Reserve Board . The board and the Federal reserve bank , on the other hand , are desirous of having this particular institution as a member if these differences of practice ...
... practices in these respects by an agreement with the Federal Reserve Board . The board and the Federal reserve bank , on the other hand , are desirous of having this particular institution as a member if these differences of practice ...
Página 42
... practice of prescribing conditions of membership before admitting State banks and trust companies to the Federal reserve system . Immediately after the clause above quoted a new paragraph was added , reading as follows : " In acting ...
... practice of prescribing conditions of membership before admitting State banks and trust companies to the Federal reserve system . Immediately after the clause above quoted a new paragraph was added , reading as follows : " In acting ...
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...