Annual Report

Capa
1898
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Página 18 - Any vacancy in the board of directors shall be filled by the board, and the directors so appointed shall hold office until the next election. SEC. 13. The board of directors of a bank may declare a dividend of so much of the net profits of the bank, after providing for all expenses, losses, interest and taxes accrued or due from said bank, as they shall judge expedient; but before any such dividend is declared not less than one-tenth of the net profits of the bank for the preceding half year, or...
Página 21 - For value received, we promise to pay to the order of the John Good Cordage and Machine Company the sum of sixteen hundred and seventy-three dollars, as follows: Payable by New York or Chicago exchange, $500, Nov.
Página 3 - The names and compensation of the clerks employed by him, and the whole amount of the expenses of the banking department during the year.
Página 18 - ... not less than one.tenth of the net profits of the bank for the preceding half year, or for such period as is covered by the dividend, shall be carried to a surplus fund until such surplus shall amount to twenty per cent of its capital stock.
Página 3 - Commissioner of the Banking Department shall make an annual report to the Governor of the State, which report shall be published, and shall exhibit; First, A summary of the state and condition of every bank from which reports have...
Página 3 - ... and the total amount of means and resources, specifying the amount of lawful money held by them at the times of their several returns, and such other information in relation to such associations as in his judgment may be useful.
Página 3 - A statement of the banks and corporations whose basiness has been closed during the year, the amount of their resources and liabilities, and the amount paid to the creditors thereof; "Third, The names and compensation of the clerks employed by him, and the whole amount of...
Página 21 - ... in money, plus the cost of exchange, for the maker is not bound to discharge his obligation except by means of inland bills on New York or Chicago. Nor can the maker tender in payment $1,673 in money, with the cost of exchange, for his promise is to make payment by inland bills, which he must purchase in the market. The instrument, then, is not payable in money, and is therefore not a promissory note within the law merchant.
Página 260 - United States deposits Deposits of US disbursing officers Notes and bills rediscounted...
Página 21 - ... promise was to pay the sum named in the note, " with " exchange, which was a mere incident to the debt. In the case at bar the note is not payable at any particular place, and the promise is, not to pay a given number of dollars in money "with...

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