...and careful observation, ought to lead to just conclusions. On June 4, 18G4, Congress passed an act " To provide a national currency, secured by a pledge...States bonds, and to provide for the circulation and redentption thereof." That act was substantial!}- copied from " An act to authorize the business of...

...former act. The leading object of the establishment of these banks was, as expressed in the title of the act of 1864, " to provide a national currency secured...by a pledge of United States bonds, and to provide forthe circulation and redemption thereof." The act authorizes the formation of associations for carrying...

...^iat this section shall not apply to associations which are taxed 'under and by virtue of the act u to provide a national currency secured by a pledge of United States bonds, and to provide for Deposits in sav- the circulation and redemption thereof." And the deposits in havhiP-^o Capital Associations...

...northern boundary of Mexico, 15 No. 187 — to amend an act to provide a national currency secured by pledge of United States bonds, and to provide for the circulation and redemption thereof 90 incidental remarks by 730 remarks on the deficiency appropriation bill, 208, 26!), 270, '275, 270,...

...The National Bank Act.—Sec. 1 of the act of June 20, 1874, provides that the act entitled "An act to provide a national currency secured by a pledge...and to provide for the circulation and redemption therefor," approved June 3, 1874, shall hereafter be known as the National Bank Act. Comptroller of...

...were made legal tender." Office of Comptroller Created. On February 25, 1863, an act was approved " to provide a national currency, secured by a pledge of United States stocks, and to provide for the circulation and redemption thereof" (12 Stat. L., 668). On June 3, 1864,...

...were made legal tender." Office of Comptroller Created. On February 25, 1863, an act was approved " to provide a national currency, secured by a pledge of United States stocks, and to provide for the circulation and redemption thereof" (12 Stat. L., 668). On June 3, 1864,...

...were made legal tender." Office of Comptroller Created. On February 25, 1863, an act was approved " to provide a national currency, secured by a pledge of United States stocks, and to provide for the circulation and redemption thereof" (12 Stat. L., 668). On June 3, 1864,...

...Bank v. Lamb (1872) 50 NY 95, 10 Am. Rep. 438. 2. Purpose. — The national bank system was devised to provide a national currency secured by a pledge of United States bonds, and national banks are agencies or instruments of the government for that purpose. Davis v. Elmira Sav....

...urged their creation, after the President had made his special appeal, Congress acted and passed a bill to provide a national currency secured by a pledge of United States bonds. \ Five or more persons might associate for banking purposes and having gathered a capital of fifty...