A History of the Bank of New York, 1784-1884 |
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Page 3
... Robert Morris , then Superintendent of Finance for the United States , the Bank of North America , at Philadelphia , was organized with a capital of $ 400,000 . It was incorpo- rated by Congress in December , 1781 , and by the State of ...
... Robert Morris , then Superintendent of Finance for the United States , the Bank of North America , at Philadelphia , was organized with a capital of $ 400,000 . It was incorpo- rated by Congress in December , 1781 , and by the State of ...
Page 8
... Robert Bowne , No. 39 Queen Street , and Nicholas Low , No. 27 Water Street . The opportunity of subscribing to a bank upon so substantial a basis was quickly embraced by the public , and five hundred shares having been taken , a ...
... Robert Bowne , No. 39 Queen Street , and Nicholas Low , No. 27 Water Street . The opportunity of subscribing to a bank upon so substantial a basis was quickly embraced by the public , and five hundred shares having been taken , a ...
Page 9
Henry Williams Domett. General ALEXANDER MCDOUGAL , President . SAMUEL FRANKLIN , ROBERT BOWNE , COMFORT SANDS , ALEXANDER HAMILTON , JOSHUA WADDINGTON , THOMAS RANDALL , WILLIAM MAXWELL , NICHOLAS Low , DANIEL MCCORMICK , ISAAC ...
Henry Williams Domett. General ALEXANDER MCDOUGAL , President . SAMUEL FRANKLIN , ROBERT BOWNE , COMFORT SANDS , ALEXANDER HAMILTON , JOSHUA WADDINGTON , THOMAS RANDALL , WILLIAM MAXWELL , NICHOLAS Low , DANIEL MCCORMICK , ISAAC ...
Page 18
... Robert Bowne , Esq . , No. 39 Queen Street ; Nicholas Low , Esq . , 27 Water Street ; and Wm . Maxwell , Esq . , No. 4 Wall Street . On the 1st of May , 1784 , public notice was given to the subscribers to pay the first moiety of their ...
... Robert Bowne , Esq . , No. 39 Queen Street ; Nicholas Low , Esq . , 27 Water Street ; and Wm . Maxwell , Esq . , No. 4 Wall Street . On the 1st of May , 1784 , public notice was given to the subscribers to pay the first moiety of their ...
Page 28
... ROBERT BOWNE , WILLIAM MAXWELL , THOMAS STOUGHTON , ALEXANDER HAMILTON , ISAAC ROOSEVELT , COMFORT SANDS , JOSHUA WADDINGTON , JOHN VANDERBILT . Mr. Wadsworth was the friend to whom reference 1784 . is made in Alexander Hamilton's ...
... ROBERT BOWNE , WILLIAM MAXWELL , THOMAS STOUGHTON , ALEXANDER HAMILTON , ISAAC ROOSEVELT , COMFORT SANDS , JOSHUA WADDINGTON , JOHN VANDERBILT . Mr. Wadsworth was the friend to whom reference 1784 . is made in Alexander Hamilton's ...
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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 Branch Bank building cash cashier Charles Wilkes charter circulation COMFORT SANDS committee Company Cornelius Heyer corporation DANIEL debt deposit discount dividends elected February five per cent FRANKLIN EDSON Fund further enacted Government Gulian Verplanck Halsey held Herman Le Roy hundred 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 petition Philadelphia PORTRAIT post-notes present President 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 128 - 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 130 - 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 127 - State, such vacancy or vacancies shall be filled for the remainder of the year in which they may happen by...
Page 130 - ... requisite for its immediate accommodation in relation to the convenient transaction 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 upon judgments which shall have been obtained for such debts.
Page 129 - 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 131 - ... made, in a book or books to be kept for that purpose...
Page 130 - The said corporation shall not, directly or indirectly, deal or trade in any thing except bills of exchange, gold or silver bullion, or in the sale of goods really and truly pledged for money lent and not redeemed in due time, or goods which shall be the proceeds of its lands.
Page 125 - York, shall be in law capable of purchasing, holding and conveying any estate real or personal, for the use of the said corporation...
Page 14 - 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 127 - That, in case it should at any time happen, that an election of directors should not be made upon any day when pursuant to this act it ought to have been made, the said corporation shall not, for that cause, be deemed to be dissolved ; but it shall be lawful, on any other day, to hold and make an election of directors in such manner as shall...