Wall Street and the Country: A Study of Recent Financial Tendencies

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G. P. Putnam's sons, 1904 - 247 páginas

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Página 218 - To exercise by its board of directors or duly authorized officers or agents, subject to law, all such incidental powers as shall be necessary to carry on the business of banking; by discounting and negotiating promissory notes, drafts, bills of exchange, and other evidences of debt; by receiving deposits; by buying and selling exchange, coin, and bullion; by loaning money on personal security; and by obtaining, issuing, and circulating notes according to the provisions of this title.
Página 216 - ... 1. To act as the fiscal or transfer agent of any state, municipality, body politic or corporation; and in such capacity to receive and disburse money, to transfer, register and countersign certificates of stock, bonds or other evidences of indebtedness, and to act as agent of any corporation, foreign or domestic, for any lawful purpose.
Página 216 - To act as trustee under any mortgage or bond issued by any municipality, body politic or corporation, and accept and execute any other municipal or corporate trust not inconsistent with the laws of this state.
Página 216 - To take, accept and execute any and all such legal trusts, duties and powers in regard to the holding, management and disposition of any estate, real or personal, and the rents and profits thereof, or the sale thereof, as may be granted or confided to it by any court of record, or by any person, corporation...
Página 127 - ... men ; that is to say, if men were employed to furnish the power to carry on the industries of this country, it would require 21,000,000 men, and 21,000,000 men represent a population, according to the ratio of the census of 1880, of 105,000,000.
Página 92 - It would be practically unattainable by any other system. Thus through the publicity of knowledge and prices, the bringing of a multitude of fallible judgments upon this common ground to an average, there is afforded to capital throughout the world an almost unfailing index of the course in which new production should be directed. Suppose for a moment that the stock markets of the world were closed, that it was no longer possible to learn what railways were paying dividends, what their stocks were...
Página 216 - To receive deposits of trust moneys, securities and other personal property from any person or corporation, and to loan money on real or personal securities.

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