A History of the Bank of New York, 1784-1884 |
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Page 8
... six per 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 ...
... six per 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 ...
Page 20
... six per 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 ...
... six per 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 ...
Page 29
... per cent . declared on the 25th of April , 1786 , payable on the 1st of May ; but as it was declared for the six months from the 1st of November , 1785 , it is probable that previous divi- dends had been paid . In May , 1786 , Isaac ...
... per cent . declared on the 25th of April , 1786 , payable on the 1st of May ; but as it was declared for the six months from the 1st of November , 1785 , it is probable that previous divi- dends had been paid . In May , 1786 , Isaac ...
Page 30
... per cent . were paid until November , 1788 , when the dividend 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 ...
... per cent . were paid until November , 1788 , when the dividend 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 ...
Page 38
... per cent . was declared out of the first six months ' busi- ness of the incorporated bank . During these six months the amount of bills and notes discounted amounted to $ 10,558,669.59 , and the total amount of cash received was ...
... per cent . was declared out of the first six months ' busi- ness of the incorporated bank . During these six months the amount of bills and notes discounted amounted to $ 10,558,669.59 , and the total amount of cash received was ...
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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...