The principles and practice of banking |
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Page 13
We are told that the confiscated property of criminals was converted into a fund
by Augustus Cæsar , and that from this fund sums of money were lent without
interest to those citizens who could pledge value to double the amount . The
same ...
We are told that the confiscated property of criminals was converted into a fund
by Augustus Cæsar , and that from this fund sums of money were lent without
interest to those citizens who could pledge value to double the amount . The
same ...
Page 13
... severe war , the public creditors were formed into a corporation , with peculiar
privileges , and the debts were allowed to be transferred from one name to
another , much in the same way as our public funds , or the stock of our public
banks .
... severe war , the public creditors were formed into a corporation , with peculiar
privileges , and the debts were allowed to be transferred from one name to
another , much in the same way as our public funds , or the stock of our public
banks .
Page 13
In the year 1401 a public bank was established by the magistrates , and the city
funds were responsible for the money placed in the bank . They exchanged
money , received deposits and discounted bills of exchange , both for the citizens
and ...
In the year 1401 a public bank was established by the magistrates , and the city
funds were responsible for the money placed in the bank . They exchanged
money , received deposits and discounted bills of exchange , both for the citizens
and ...
Page 23
That no dividend shall at any time be made by the said governor and company ,
save only out of the interest , profit , or produce arising out of the said capital ,
stock , or fund , or by such dealing as is allowed by Act of Parliament . “ They
must ...
That no dividend shall at any time be made by the said governor and company ,
save only out of the interest , profit , or produce arising out of the said capital ,
stock , or fund , or by such dealing as is allowed by Act of Parliament . “ They
must ...
Page 24
It was also enacted , “ that the common capital and principal stock , and also the
real fund of the governor and company , or any profit or produce to be made
thereof , should be exempted from any rates , taxes , assessments , or
impositions ...
It was also enacted , “ that the common capital and principal stock , and also the
real fund of the governor and company , or any profit or produce to be made
thereof , should be exempted from any rates , taxes , assessments , or
impositions ...
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Common terms and phrases
accept advances advantage agents allowed amount appears balance Bank of England banker become bills branches called capital carried cash cause cent charge cheques circulation Clearing clerks committee consequence considerable continued country bankers course currency customers debt demand deposits directors discount dividends drawn duties effect employed entered established exchange extent foreign formed funds give given gold Government governor hands hence important increase individuals interest Ireland issue joint-stock banks keep less letters loans London loss manager means meet merchants months necessary notes notice obtain occasion operations paid parties passed payable payment period person practice present pressure principle produce profit rate of interest reason received reduced respect returns Scotland securities shares speculation taken trade transactions transfer usually whole
Popular passages
Page 570 - But who am I, and what is my people, that we should be able to offer so willingly after this sort? for all things come of thee, and of thine own have we given thee.
Page 571 - Bring ye all the tithes into the storehouse, that there may be meat in mine house, and prove me now herewith, saith the Lord of hosts, if I will not open you the windows of heaven and pour you out a blessing, that there shall not be room enough to receive it.
Page 330 - Truly the light is sweet, and a pleasant thing it is for the eyes to behold the sun...
Page 434 - Misdemeanour, and, being convicted thereof, shall be liable, at the Discretion of the Court, to be transported beyond the Seas for any Term not exceeding Fourteen Years nor less than Seven Years, or to suffer such other Punishment by Fine or Imprisonment, or by both, as the Court shall award...
Page 569 - Thine, O Lord, is the greatness, and the power, and the glory, and the victory, and the majesty: for all that is in the heaven and in the earth is thine; thine is the kingdom, O Lord, and thou art exalted as head above all.
Page 561 - Prepare thy work without, and make it fit for thyself in the field ; and afterwards build thine house.
Page 13 - Company of the Bank of England), or for any other persons whatsoever united or to be united in covenants or partnership, exceeding the number of six persons, in that part of Great Britain called England, to borrow, owe, or take up any sum or sums of money on their bills or notes payable at demand, or at any less time than six months from the borrowing thereof.
Page 169 - And all bills, drafts, or orders, for the payment of any sum of money out of any particular fund which may or may not be available, or upon any condition or contingency which may or may not be performed...
Page 434 - ... share or interest in any public stock or fund, whether of this kingdom, or of Great Britain, or of Ireland, or of any foreign state, or in any fund of any body corporate, company, or society...