Trust Companies, Volume 30

Front Cover
Trust Companies Pub. Association, 1920 - Corporations

From inside the book

Contents


Other editions - View all

Common terms and phrases

Popular passages

Page 453 - Whenever the laws of such State authorize or permit the exercise of any or all of the foregoing powers by State banks, trust companies, or other corporations which compete with national banks, the granting to and the exercise of such powers by national banks shall not be deemed to be in contravention of State or local law within the meaning of this Act.
Page 453 - National banks are instrumentalities of the Federal Government, created for a public purpose, and as such necessarily subject to the paramount authority of the United States.
Page 430 - DRAMA, and that the following is, to the best of his knowledge and belief, a true statement of the ownership, management (and if a daily paper, the circulation), etc., of the aforesaid publication for the date shown in the above caption, required by the Act...
Page 14 - New Hampshire New Jersey New Mexico New York North Carolina . North Dakota . . . Ohio Oklahoma Pennsylvania . . Rhode Island . South Carolina . South Dakota Tennessee Texas Utah Vermont Virginia Washington .... West Virginia . Wisconsin Wyoming UNITED STATES.
Page 551 - Currency may take into consideration the amount of capital and surplus of the applying bank, whether or not such capital and surplus is sufficient under the circumstances of the case, the needs of the community to be served, and any other facts and circumstances that...
Page 342 - That all associations under this act, when designated for that purpose by the Secretary of the Treasury, shall be depositaries of public money, except receipts from customs, under such regulations as may be prescribed by the Secretary...
Page 172 - 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 in which State banks, trust companies, or other corporations which come into competition with national banks are permitted to act under the laws of the...
Page 172 - Act, a national bank may be authorized to act, when not in contravention of local law, 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 which State banks, trust companies, or other corporations which come into competition with the national bank may exercise under local law; (d) Fiduciary records...
Page 154 - Life is a jest, and all things show it; I thought so once; and now I know it.
Page 456 - In the case of a nonresident alien individual the deductions shall be allowed only if and to the extent that they are connected with income from sources within the United States; and the proper apportionment and allocation of the deductions with...

Bibliographic information