Instructions of the Comptroller of the Currency Relative to the Organization and Powers of National BanksU.S. Government Printing Office, 1919 - 145 páginas |
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Página 7
... profits to pay promoters ' expenses , or commissions contracted prior to organization , this fact must be reported with the application for charter , as favor- able consideration will not be given to any application if there is an ...
... profits to pay promoters ' expenses , or commissions contracted prior to organization , this fact must be reported with the application for charter , as favor- able consideration will not be given to any application if there is an ...
Página 36
... profits of the asso- ciation as they shall judge expedient ; but each association shall , before the declaration of a dividend , carry one - tenth part of its net profits of the preceding half year to its surplus fund until the same ...
... profits of the asso- ciation as they shall judge expedient ; but each association shall , before the declaration of a dividend , carry one - tenth part of its net profits of the preceding half year to its surplus fund until the same ...
Página 37
... profits then on hand , no dividend shall be made ; and no dividend shall ever be made by any association , while it continues its banking operations , to an amount greater than its net profits then on hand , deducting there from its ...
... profits then on hand , no dividend shall be made ; and no dividend shall ever be made by any association , while it continues its banking operations , to an amount greater than its net profits then on hand , deducting there from its ...
Página 41
... profit realized from such sale . Any member bank may sell securities or other property to any of its directors , or to a firm of which any of its directors is a member , in the regular course of business on terms not more favorable to ...
... profit realized from such sale . Any member bank may sell securities or other property to any of its directors , or to a firm of which any of its directors is a member , in the regular course of business on terms not more favorable to ...
Página 42
... profits aggregating more than $ 5,000,000 ; and no private banker or person who is a director in any bank or trust company organized and operating under the laws of a State , having deposits , capital , surplus , and undivided profits ...
... profits aggregating more than $ 5,000,000 ; and no private banker or person who is a director in any bank or trust company organized and operating under the laws of a State , having deposits , capital , surplus , and undivided profits ...
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Términos y frases comunes
agent or committee amended amount application approved articles of association assets authorized bank is located bank or member banking house bills of exchange board of directors bonds branch banks broker or agent capital and surplus capital stock cash cent centum charter circulating notes Comptroller consolidation corporate existence court Currency deposits discount district dividend drafts or bills employee examiner Federal reserve act Federal reserve bank Federal Reserve Board GAN UNIV held issued liabilities liquidating agent meeting member bank MIC UNIV MICHIG national banking association Notary Public notice number of shares organization certificate paid payment permit person powers prescribed President or Cashier provisions of section proxy purchase real estate receive rediscount regulations resolution Revised Statutes RSITY UNIV SEAL OF BANK shareholders signatures stockholders thereof tion Total number transactions trust company undersigned UNIV MIC UNIV RSITY UNIV UNIV violation
Pasajes populares
Página 83 - The taking, receiving, reserving, or charging a rate of interest greater than is allowed by the preceding section, when knowingly done, shall be deemed a forfeiture of the entire interest which the note, bill, or other evidence of debt carries with it, or which has been agreed to be paid thereon.
Página 84 - No association shall make any loan or discount on the security of the shares of its own capital stock, nor be the purchaser or holder of any such shares, unless such security or purchase shall be necessary to prevent loss upon a debt previously contracted in good faith...
Página 83 - 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 117 - Currency shall be authorized and empowered to grant by special permit to national banks applying therefor, when not in contravention of State or local law, the right to act as trustee, executor, administrator, registrar of stocks and bonds, guardian of estates, assignee, receiver, committee of estates of lunatics, or in any other fiduciary capacity...
Página 85 - No association, or any member thereof, shall, during the time it shall continue its banking operations, withdraw, or permit to be withdrawn, either in the form of dividends or otherwise, any portion of its capital.
Página 35 - 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...
Página 128 - Upon the indorsement of any of its member banks, which shall be deemed a waiver of demand, notice and protest by such bank as to its own indorsement exclusively, any Federal reserve bank may discount notes, drafts, and bills of exchange arising out of actual commercial transactions...
Página 88 - If the directors of any national banking association shall knowingly violate, or knowingly permit any of the officers, agents, or servants of the association to violate any of the provisions of this title, all the rights, privileges, and franchises of the association shall be thereby forfeited.
Página 108 - State thereof, and principally engaged in international or foreign banking, or banking in a dependency or insular possession of the United States either directly or through the agency, ownership, or control of local institutions in foreign countries, or in such dependencies or insular possessions.
Página 129 - Notes, drafts, and bills admitted to discount under the terms of this paragraph must have a maturity at the time of discount of not more than ninety days...