A History of the Bank of New York, 1784-1884 |
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Page 2
... continued to make experiments in finance which did not depend upon specie as a basis . In the State of New York a good deal of gold and silver was in circulation , and for some years the amount had been increasing . This was in ...
... continued to make experiments in finance which did not depend upon specie as a basis . In the State of New York a good deal of gold and silver was in circulation , and for some years the amount had been increasing . This was in ...
Page 3
... continued in ex- istence until after the close of the war ; finally closing its affairs toward the end of the year 1784 . But the need was felt of a national bank which should not only aid the Government on a large scale by its money ...
... continued in ex- istence until after the close of the war ; finally closing its affairs toward the end of the year 1784 . But the need was felt of a national bank which should not only aid the Government on a large scale by its money ...
Page 12
... continued yearly , and every year ; but in case of any vacancy in the direction by death , resignation or otherwise , public notice shall be given within one week after such an event , that the vacancy may be filled ; the election to be ...
... continued yearly , and every year ; but in case of any vacancy in the direction by death , resignation or otherwise , public notice shall be given within one week after such an event , that the vacancy may be filled ; the election to be ...
Page 28
... continued to occupy a part of this building until 1787 , when it removed to No. 11 Hanover Square , where the Cotton Exchange now stands . This property was bought for five thousand pounds , New York cur- rency . The cashier , Mr. Seton ...
... continued to occupy a part of this building until 1787 , when it removed to No. 11 Hanover Square , where the Cotton Exchange now stands . This property was bought for five thousand pounds , New York cur- rency . The cashier , Mr. Seton ...
Page 30
... was increased to three and a half per cent . for the previous six months . It continued at that rate until the charter was obtained in 1791. But the opponents of the bank succeeded in defeating , until that time 30 A HISTORY OF.
... was increased to three and a half per cent . for the previous six months . It continued at that rate until the charter was obtained in 1791. But the opponents of the bank succeeded in defeating , until that time 30 A HISTORY OF.
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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...