Hearings, Reports and Prints of the Senate Committee on Banking and CurrencyU.S. Government Printing Office, 1963 - Banking law |
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Page 12
... funds of men in trade , among ourselves , and moneyed foreigners ; the former of whom could not spare their capitals out of their reach , to be in- vested in loans for long periods , on mortgages or personal security ; and the latter of ...
... funds of men in trade , among ourselves , and moneyed foreigners ; the former of whom could not spare their capitals out of their reach , to be in- vested in loans for long periods , on mortgages or personal security ; and the latter of ...
Page 16
... fund upon which it depends , and to the demand for it , and as that fund is itself affected by the exportation of the metals , there is no danger of its being overstocked , as in the case of paper issued at the pleasure of the ...
... fund upon which it depends , and to the demand for it , and as that fund is itself affected by the exportation of the metals , there is no danger of its being overstocked , as in the case of paper issued at the pleasure of the ...
Page 24
... fund for a bank circulation . If the notes issued upon it were not to be payable in coin , on demand , or at a short date , this would amount to nothing more than a repetition of the paper emissions , which are now exploded by the ...
... fund for a bank circulation . If the notes issued upon it were not to be payable in coin , on demand , or at a short date , this would amount to nothing more than a repetition of the paper emissions , which are now exploded by the ...
Page 30
... fund in land , of which the sale would generally be far less compendious , and at great disadvantage . The quarter - yearly receipts of interest will also be an actual addition to the specie fund , during the intervals between them and ...
... fund in land , of which the sale would generally be far less compendious , and at great disadvantage . The quarter - yearly receipts of interest will also be an actual addition to the specie fund , during the intervals between them and ...
Page 31
... funds must constitute the stock of the bank , would be diffident of the sufficiency of the profits to be expected ... fund of the bank , and to enable it to give a more early extension to FEDERAL BANKING LAWS AND REPORTS 31.
... funds must constitute the stock of the bank , would be diffident of the sufficiency of the profits to be expected ... fund of the bank , and to enable it to give a more early extension to FEDERAL BANKING LAWS AND REPORTS 31.
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Common terms and phrases
aforesaid amends section amount annual appointed asso authority bank notes Bank of England Banking and Currency banking association bill bills of exchange bonds branches capital stock cent centum certificates charter circulating notes clearing-house coin commercial Commission committee comptroller Congress Constitution corporation debt demand deposits directors discount dividends duty election established exchange existing Federal Finance FNMA funds further enacted Government grant Housing Act increase institution interest investment issued legislation limited loans ment Metropolitan National Bank millions of dollars mortgage mortgage insurance national bank national currency National Reserve Association necessary operations organization certificate paid paper payment persons present President principle proposed public housing Public Law public money purchase purpose question receive registered regulations revenue Secretary securities Senate specie stockholders subscribing taxes thereof tion transactions United States notes urban renewal York
Popular passages
Page 3 - House shall exercise continuous watchfulness of the execution by the administrative agencies concerned of any laws, the subject matter of which is within the jurisdiction of such committee; and, for that purpose, shall study all pertinent reports and data submitted to the House by the agencies in the executive branch of the Government.
Page 351 - 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...
Page 6 - ... to sue and be sued, plead and be impleaded, answer and be answered unto, defend and be defended, in all courts of record, or any other place whatsoever...
Page 361 - ... whenever the lawful money of any other association shall be below fifteen per centum of its circulation and deposits, such association shall not increase its liabilities by making any new loans or discounts...
Page 314 - ... in all parts of the United States in payment of taxes, excises, public lands, and all other dues to the United States, except for duties on imports; and also for all salaries and other debts and demands owing by the United States to individuals, corporations, and associations within the United States, except interest on the public debt, and in redemption of the national currency.
Page 44 - That all powers not delegated to the United States by the Constitution, nor prohibited to it by the States, are reserved to the States, or to the people.
Page 308 - The amount of its capital stock and the number of shares into which the same shall be divided.
Page 352 - ... shall be held individually responsible, equally and ratably, and not one for another, for all contracts, debts and engagements of such association to the extent of the amount of their stock therein at the par value thereof, in addition to the amount invested in such shares...
Page 144 - The Charter of the Bank of The United States expires in 1836, and its Stockholders will most probably apply for a renewal of their privileges. In order to avoid the evils resulting from precipitancy in a measure involving such important principles, and such deep pecuniary interests, I feel that I cannot, in justice to the Parties interested, too soon present it to the deliberate consideration of the Legislature and the People.
Page 330 - ... or shall pass, utter, or publish, or attempt to pass, utter, or publish, as true, any falsely altered or spurious...