A History of the Bank of New York, 1784-1884 |
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Page 2
... cent , and mill , was legally adopted in New York by an act passed by the legislature January 27 , 1797 , which pro- vided that a dollar should be equivalent to " four tenths of a pound , " and fractions thereof in proportion . The Lyon ...
... cent , and mill , was legally adopted in New York by an act passed by the legislature January 27 , 1797 , which pro- vided that a dollar should be equivalent to " four tenths of a pound , " and fractions thereof in proportion . The Lyon ...
Page 4
... cent . This result was so satis- factory to the stockholders that in February a new sub- scription of one thousand shares , of $ 500 a share , was speedily taken up . A scheme for another bank , to be called the Bank of Pennsylvania ...
... cent . This result was so satis- factory to the stockholders that in February a new sub- scription of one thousand shares , of $ 500 a share , was speedily taken up . A scheme for another bank , to be called the Bank of Pennsylvania ...
Page 8
... cent . per annum . The following gentlemen were unanimously ap- pointed a committee to receive subscriptions : SAMUEL FRANKLIN , HENRY REMSEN , WILLIAM MAXWELL , COMFORT SANDS , THOMAS B. STOUGHTON , ALDERMAN NEILSON . Subscription ...
... cent . per annum . The following gentlemen were unanimously ap- pointed a committee to receive subscriptions : SAMUEL FRANKLIN , HENRY REMSEN , WILLIAM MAXWELL , COMFORT SANDS , THOMAS B. STOUGHTON , ALDERMAN NEILSON . Subscription ...
Page 20
... cent . per annum ; but no discount will be made for longer than thirty days , nor will any note or bill be discounted to pay a former one . Payment must be made in bank notes or specie . Three days of grace being allowed upon all bills ...
... cent . per annum ; but no discount will be made for longer than thirty days , nor will any note or bill be discounted to pay a former one . Payment must be made in bank notes or specie . Three days of grace being allowed upon all bills ...
Page 27
... cents per mile . In 1785 the first stages began their trips between New York and Albany . In 1787 two stages set out for Philadelphia at four o'clock every afternoon , stopping for the night in Newark , and reaching Philadelphia the ...
... cents per mile . In 1785 the first stages began their trips between New York and Albany . In 1787 two stages set out for Philadelphia at four o'clock every afternoon , stopping for the night in Newark , and reaching Philadelphia the ...
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Common terms and phrases
Aaron Burr Act of Incorporation afterward ALEXANDER HAMILTON Alexander McDougal Amos Kendall amount Anthony appointed April ARTICLE authority aforesaid Bank of North Bank-The Branch Bank building cash cashier Charles Wilkes charter circulation COMFORT SANDS committee Company Cornelius Heyer corporation DANIEL debt deposit discount dividends February five per cent FRANKLIN EDSON Fund further enacted Government Gulian Verplanck Halsey held Herman Le Roy hundred increased institution interest ISAAC ROOSEVELT issued JAMES January Jeremiah Wadsworth John Oothout JOSHUA WADDINGTON July June land bank Legislature letter Leverich loan March Matthew Clarkson meeting ment merchants Messrs Moidore Morris Canal Nicholas Gouverneur NICHOLAS Low November number of shares paid passed PETER petition Philadelphia PORTRAIT post-notes present purchase purpose received resignation resume specie RICHARD VARICK ROBERT BOWNE SAMUEL FRANKLIN second Tuesday Secretary Senate six per cent stockholders subscribers subscription tion Treasury notes Walton House WILLIAM MAXWELL William Seton York
Popular passages
Page 124 - Half-yearly dividends shall be made of so much of the profits of the bank as shall appear to the directors advisable; and once in every three years the directors shall lay before the stockholders, at a general meeting, for their information, an exact and particular statement of the debts which shall have remained unpaid after the expiration of the original credit, for a period of treble the term of that credit; and of the surplus of profit, if any, after deducting losses and dividends.
Page 126 - In case of excess, the directors under whose administration it shall happen, shall be liable for the same in their natural and private capacities ; and an action of debt may in such case be brought against them, or any...
Page 123 - State, such vacancy or vacancies shall be filled for the remainder of the year in which they may happen by...
Page 126 - ... requisite for its immediate accommodation, in relation to the convenient transacting of its business, and such as shall have been bona fide mortgaged to it by way of security, or conveyed to it in satisfaction of debts, previously contracted in the course of its dealings, or purchased at sales upon judgments which shall have been obtained for such debts.
Page 125 - That the directors for the time being, or a major part of them, shall have power to make and prescribe such by-laws, rules, and regulations as to them shall appear needful and proper, touching the management and disposition of the stock, property, estate, and effects of the said corporation...
Page 127 - ... made, in a book or books to be kept for that purpose...
Page 12 - A majority of the directors shall have power to call a general meeting of the stockholders, for purposes relative to the concerns of the company; giving at least thirty days...
Page 121 - York" and by that name they and their successors shall and may have continual succession, and shall be persons in law, capable of suing and being sued, pleading and being impleaded, answering and being answered unto, defending and being defended, in all courts and places whatsoever...
Page 121 - York, shall be in law capable of purchasing, holding and conveying any estate real or personal, for the use of the said corporation...
Page 121 - NewYork ;" and that by that name they and their successors, shall and may have succession during the continuance of this act ; and shall be persons in law, capable of suing and being...