A History of the Bank of New York, 1784-1884 |
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Page 7
... appearing to be the disposition of the gentlemen in this city to establish a bank on liberal principles , the stock to consist of specie only , they are therefore hereby invited to meet to - morrow evening , at six o'clock , at the ...
... appearing to be the disposition of the gentlemen in this city to establish a bank on liberal principles , the stock to consist of specie only , they are therefore hereby invited to meet to - morrow evening , at six o'clock , at the ...
Page 9
... appears that he had already been interested in a similar project which had been set on foot by other persons . In the letter already quoted from he says , referring to the defeat of the scheme for a land bank : " Some of the merchants ...
... appears that he had already been interested in a similar project which had been set on foot by other persons . In the letter already quoted from he says , referring to the defeat of the scheme for a land bank : " Some of the merchants ...
Page 10
... granting an exclusive one to the land bank . The measures which have been taken appear to have had the effect upon the minds of the partisans of the land bank . " ✓ i Robertson ALEXANDER HAMILTON Akamilton HB . Hall CHAPTER IO A HISTORY ...
... granting an exclusive one to the land bank . The measures which have been taken appear to have had the effect upon the minds of the partisans of the land bank . " ✓ i Robertson ALEXANDER HAMILTON Akamilton HB . Hall CHAPTER IO A HISTORY ...
Page 13
... appears to the stockholders to be well founded , such director or directors may be removed by a majority of votes . " ARTICLE 10 .-- That if any of the directors shall convert any of the money or property of the Bank to his own par ...
... appears to the stockholders to be well founded , such director or directors may be removed by a majority of votes . " ARTICLE 10 .-- That if any of the directors shall convert any of the money or property of the Bank to his own par ...
Page 14
... appears to them there is urgent occasion . " ARTICLE 14. - That the Cashier and every principal clerk do give a security for their trust to such an amount as a majority of all the directors shall require . " ARTICLE 15. - That all notes ...
... appears to them there is urgent occasion . " ARTICLE 14. - That the Cashier and every principal clerk do give a security for their trust to such an amount as a majority of all the directors shall require . " ARTICLE 15. - That all notes ...
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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 cashier Charles Wilkes charter circulation COMFORT SANDS committee 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 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 vault 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 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 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 126 - 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 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 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 123 - 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...